Dow Plunges 900 Points After Hotter Than Expected Inflation Report

msn.com ^ | 9/13/2022 | Madelyn Halpert

[Carriage Hill]

I got out of the market, even in my IRAs, and into cash positions, so I’m affected less that I’d have been fully-invested in the stock market, now that I’m retired. The 7-15% monetary inflation sucks, though.

[Sirius Lee]

Will be interesting to watch the market since it doesn’t close until 4.

As long as there are dips, there will dipwads trying to catch falling knives.

[mware]

Betting it tanks by 1000 during his speech today.

[mware]

Might tankby 1000 within the next 5 minutes.

[Theoria]

Market might rally after friday because of opex, put there will be a dramatic shift to more defensive stocks, aka divs and such in the next few days. It was a total sell the news event over inflation coming down. Only non shoppers would think inflation was under control.

[Scott from the Left Coast]

Down a full grand now…and sinking

[mware]

Just went u Der by 1000.

[Jeff Chandler]

Works better with the accent.

You vill own nussing, unt ju will be happy!

[Ge0ffrey]

I’m 75% out of the market, also in cash. What else can we do?

[mware]

Biden might want to cancel that party at WH he has planned for in 20 minutes.

[Jeff Chandler]

After it drops 30%, it will bump back up 10% and the news media will declare that Biden has presided over the greatest bull market in forever and ever. Amen.

[Jeff Chandler]

Good thing I already squandered my 401K.

[Yardstick]

Wow, NASDAQ down over 4%.

[Pajamajan]

"YOU WILL OWN NOTHING AND BE HAPPY"

They always leave off the "OR ELSE(You vill vee zent to zee campz)" at the end of that sentence.

And have the stock traders, corpratists exc...asked where they will be in a world where no one owns anything?

Maybe the gobalist 1% will share their wealth with them? 🤔

[wally_bert]

I might as well, it might not be there for me not too far down the road.

[Jeff Vader]

I’ve got 5 years left to go till retirement, I’m going to have to ride this one out

[mware]

DOW down by 1075. It’s nose diving

[mware]

1085 now.

[FlingWingFlyer]

Somebody should have fart checked the “experts’” inflation figures. ROTFLMAO. It looks as though the drop in gasoline hasn’t impressed Wall Street afterall.

[desertsolitaire]

-1105.....