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Dow drops 400 points after Powell triggers a jump in yields, Nasdaq goes red on the year
CNBC ^
| THU, MAR 4 20213:13 PM EST
| Yun Li , Pippa Stevens
Posted on 03/04/2021 12:30:10 PM PST by Red Badger
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To: Red Badger
there is little that can be done to stop the debt train and the coming crash at this point.
2
posted on
03/04/2021 12:31:23 PM PST
by
cableguymn
(We need a redneck in the white house.... But the fact checkers said the story was false!)
To: Red Badger
The very real problem is they are only looking at half the metrics.
3
posted on
03/04/2021 12:32:11 PM PST
by
EBH
(How they did it? Social Contagion and Social Media is the mechanism)
To: cableguymn
I agree with you and I’ve heard it is likely in the next several weeks.
4
posted on
03/04/2021 12:32:44 PM PST
by
EBH
(How they did it? Social Contagion and Social Media is the mechanism)
To: cableguymn
Dandy Don sings, “The party’s ooooooover!......................
5
posted on
03/04/2021 12:33:10 PM PST
by
Red Badger
(SLEAZIN' is the REASON for the TREASON .................................)
To: EBH
Welcome to BIDENomics..................
6
posted on
03/04/2021 12:33:48 PM PST
by
Red Badger
(SLEAZIN' is the REASON for the TREASON .................................)
To: Red Badger
These knuckleheads have no idea what they are doing.
But hey, no mean tweets - so that's good.
7
posted on
03/04/2021 12:35:53 PM PST
by
Psalm 73
("You'll never hear surf music again" - J. Hendrix)
To: Red Badger
Oil up to $64 a barrel, soon to be over $100. It’s like obumber is back.
8
posted on
03/04/2021 12:36:47 PM PST
by
JoSixChip
(2020: The year of unreported truths. )
To: JoSixChip
He is.
He’s the one calling the shots...................
9
posted on
03/04/2021 12:37:17 PM PST
by
Red Badger
(SLEAZIN' is the REASON for the TREASON .................................)
To: Red Badger
It will be fascinating to watch the media try to blame the 2022 recession - potential Depression - on Trump.
Frankly, it’s not impossible they’ll succeed. 49% of the American public are gullible morons.
10
posted on
03/04/2021 12:37:42 PM PST
by
ScubaDiver
(Reddit refugee.)
To: Red Badger
#6:
"Welcome to BIDENomics.................." You got that right. President Trump did such an excellent job managing our economy, and now Biden and his fellow travelers are well on their way to trashing it completely. It disgusts me no end.
To: Red Badger
Even if my portfolio goes down 50%, I still have enough to retire on. If it goes further than 50%, then I guess I’ll join you all in the breadlines.
12
posted on
03/04/2021 12:41:43 PM PST
by
SamAdams76
(By stealing Trump's second term, the Left gets Trump for 8 more years instead of just four.)
To: Red Badger
Great - my IRA monthly statement came yesterday and is at record levels for me.
13
posted on
03/04/2021 12:43:33 PM PST
by
dainbramaged
(Windage and Elevation)
To: ScubaDiver
#10:
"Frankly, it’s not impossible they’ll succeed. 49% of the American public are gullible morons." True. So true. But what does a parasite care? To them, free stuff costs the same at 20% inflation as it does at 0% inflation.
To: dainbramaged
You might want to consider moving some assets around.................
15
posted on
03/04/2021 12:45:18 PM PST
by
Red Badger
(SLEAZIN' is the REASON for the TREASON .................................)
To: Red Badger
Simple rule to get rich..
Buy lower sell higher.
Sp500 (500 biggest US stocks) is down from 3930 area to 3760 area today, or down 4.3%
Time to sell was at 3930.
I will buy if drops to 3635.
16
posted on
03/04/2021 12:47:40 PM PST
by
entropy12
(It is NOT WHO VOTES, it is who COUNTS THE VOTES wins elections...paraphrasing Joe Stalin)
To: JoSixChip
It used to be that oil prices being high was just plain bad for America.
But now that the USA is #1 oil producer in the world by far, isn’t it a mixed bag?
To: Mount Athos
But now that the USA is #1 oil producer in the world by far
Not any more, we are starting to require imported oil just to feed our needs. This will only get worse as biden has put an end to drilling on federal land and making it almost impossible to frack.
18
posted on
03/04/2021 12:53:41 PM PST
by
JoSixChip
(2020: The year of unreported truths. )
To: Red Badger
Tell me what a 30year bond is worth that yields 2% when interest rates jump to 10%?
To: JoSixChip
Top 10 oil producers in 2020
United States: 19.51 million bpd
Saudi Arabia: 11.81 million bpd
Russia: 11.49 million bpd
Canada: 5.50 million bpd
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