[Steely Tom]

Oh dear. Probably Trump’s fault.

[Jonny7797]

My bet is Biden and his communist crew, try to get another spending bill done before the mid-terms.

[rlmorel]

“dashed inflation hopes”????

Who are the idiots who “hoped” inflation would somehow magically go down in any real or meaningful way, and ended up with “dashed inflation hopes”?

AP? CNN? The Biden White House? Any Leftist economist?

[frogjerk]

When the numbers were released this morning the AP was touting the fall in inflation. That story didn’t age well.

[Sacajaweau]

ouch

[skeeter]

“The American people won”

I can’t much more winning.

[Brooklyn Attitude]

Biden throws a party at the White House for a thousand people while the stock market burns. Joe is the American Nero.

[Ge0ffrey]

It’s called Joementum or something.

[Jim W N]

inflation is not slowing as much as hoped

Only what Stan Choe and Alex Veiga and All Propaganda hoped, not based on actual reality but on delusion. The liars believe their own lies.

Anyone with half a brain knows Biden's lies do not reverse inflation.

[qam1]

Dow Jones 1/20/2021 12:00pm: 31,126.71

Dow Jones 9/13/2022 04:00pm: 31,104.97

Way to go Brandon

[CatOwner]

And they’ve crippled the bond funds and other interest-generating sources of income.

[budj]

C'mon, man, Joe just showed up with the solution!

[MeganC]

This is not good. Not good at all.

[gw-ington]

Today, senile Sleepy Joe gave his typical, arrogant, too-loud teleprompter speech on the White House lawn, in which he yells out that his new "Inflation Reduction Act" will take care of inflation. Basically, senile Sleepy Joe was loudly celebrating the passage of that Act, sometimes screaming (even though he was talking into a big microphone). Hey, senile Sleepy Joe, you're using a big microphone, so don't scream. Nobody will believe anything you say just because you're yelling it at them. Even Obama reportedly has said Biden is too arrogant for his own good.

Elsewhere today, the U.S. government reported inflation remains stubbornly high and out-of-control, currently measured at 8.3%.

If it weren't so sad and awful, it would be funny: Senile Sleepy Joe celebrating his "Inflation Reduction Act" (which will likely make inflation even worse) while the actual U.S. government is simultaneously reporting inflation remains very high and out-of-control.

Let's go, Brandon.

[4Liberty]

[minnesota_bound]

The FED will raise interest rates next week.
Will that cause the stock market to drop again?

[wardamneagle]

Dashed ? MAGA aint falling for this bullshit !

[Grampa Dave]

Markets shudder on dashed inflation hopes; Dow falls 1,250
Associated Press ^ | September 13, 2022 | Stan Choe and Alex Veiga

Posted on 9/13/2022, 2:31:46 PM by Olog-hai

Stocks tumbled to their worst day in more than two years Tuesday, knocking the Dow Jones Industrial Average down more than 1,250 points, following Wall Street’s humbling realization that inflation is not slowing as much as hoped.

The S&P 500 sank 4.3%, its biggest drop since June 2020. The Dow fell 3.9% and the Nasdaq composite closed 5.2% lower. The sell-off ended a four-day winning streak for the major stock indexes and erased an early rally in European markets.

Bond prices also fell sharply, sending their yields higher, after a report showed inflation decelerated only to 8.3% in August, instead of the 8.1% economists expected.

The hotter-than-expected reading has traders bracing for the Federal Reserve to ultimately raise interest rates even higher than expected to combat inflation, with all the risks for the economy that entails. Fears about higher rates sent prices dropping for everything from gold to cryptocurrencies to crude oil. …

(Excerpt) Read more at apnews.com ...