S&P 500 Posts Worst First Half Rout Since 1970 As 10Y Treasury Yield Tanks 14 Basis Points (Biden Approval Drops To 38.3% On Rising Inflation, Gasoline Prices)

Confounded Interest ^ | 07/01/2022 | Anthony B. Sanders

[Browns Ultra Fan]

Run runaway! For safety to Treasuries.

A “recession shock” begins for markets following the worst first-half for the S&P 500 in more than 50 years.

And investors are running to Treasuries for safety as US Treasury 10-year yields tank 14 basis points.

Biden’s approval rating has collapse with inflation and rising gasoline prices. Note that Biden’s approval rating dropped below 50 in mid-August 2021, long before the Russian invasion of Ukraine in late February 2022. Gasoline prices had risen 49% since Biden’s inauguration as President, but before the Russian invasion of Ukraine.

[Browns Ultra Fan]

Biden still blaming Russia although gasoline prices were up 49% BEFORE the invasion of Ukraine.

[no-to-illegals]

I do not believe the biden approval numbers. The approval numbers for biden in this article are a lie

[SmokingJoe]

Yet another disaster from Dementia Joe.
Everything he touches turns to sh*t.

[BipolarBob]

38.3% are either morons or lying.

[SmokingJoe]

Dementia Joe's approval numbers are of course much lower.

[I Drive Too Fast]

Just part of his Build Broke Better plan.

[V_TWIN]

If it’s an intentional effort to crash the American economy.....it makes perfect sense.

Which is what build back better REALLY means

[no-to-illegals]

Try 19% for biden approval. 19% is closer to accurate. Even the people that voted for biden wouldn’t vote for him again

[RayChuang88]

That’s why I’ve said that we could see a 50% loss in both the Dow Jones 30 Industrials and the S&P 500 by the end of September 2022.

[Dan in Wichita]

We FReepers should not kid ourselves. This nation is so polarized that if Biden were running against a Republican, any Republican, he has at least 40% of the legitimate vote already in the bag. That's how far gone we are.

That being said, I still feel America can be saved.

[dfwgator]

And he has half the EVs in the bag without having to campaign or the DNC having to spend a red cent.

[Josa]

Not convinced. Stupid people are everywhere

[M_Continuum]

You are more optimistic than I. With the folks we are running this year it’s a toss up. It’s likely the majority of voters will vote us into political purgatory.

[no-to-illegals]

democrats only receive 40% or more of the National vote when they cheat and that’s no lie

[Theoria]

What a bubble. Endless spending, debt, entitlements and low interest rates.

Generation x, y, z etc are the biggest bag holders in the history of the world.

[DownInFlames]

Yep. They’re in the teens.

[Dogbert41]

I think his only approval comes from family and business partners, ir, The Deep State bureaucrats.

[NWFree]

President Retard did that 🤪

[SamAdams76]

Well I had an outside company gathering last night in the NYC area. The biggest gripe that the employees had was how their 401k's have gone down 20% or more during the past year.

I so wanted to tell them that "stolen elections matter" but try to keep my politics out of the workplace. But these guys were pissed. Dreams of early retirement down the drain for now.