Posted on 03/24/2022 3:11:45 AM PDT by Navy Patriot
Stocks fell broadly on Wall Street and crude oil prices rose sharply again Wednesday, as a wave of selling all but wiped out gains from a day before and left the S&P 500 and Dow Jones Industrial Average in the red for the week.
The S&P 500 fell 1.2%, with more than 80% of the stocks in the benchmark index closing lower. The Dow and Nasdaq composite each slid 1.3%.
After a strong rally last week, the market has been up and down this week as investors weigh concerns about rising inflation and slower economic growth now that federal spending on various stimulus measures has faded away and the central bank has signaled several interest rate hikes to come this year as it battles surging inflation.
(Excerpt) Read more at newsmax.com ...
Unless that's the plan.
Please focus on the Ukraine 🇺🇦. Thank you.
High gas prices, high food prices and war.
Thank a Democrat.
Woodrow Wilson WWI, depression and pandemic
FDR.. WW2, depression, race wars, inflation, spending
LBJ... Race wars, viet Nam, rampant spending
Carter... World on fire, high oil, inflation
Obama.. Inflation, high oil, isis and world on fire.
Biden.. Inflation, high oil, world on fire
See a pattern here? Progressive Democrats
And Texas (over 5 million barrels of oil a day) and Russia are laughing all the way to the bank despite Brandon’s best efforts.
“”And Texas (over 5 million barrels of oil a day)””
That number is increasing daily, we’re starting to punch a lot of holes again.
Excellent.
It is more important to virtue Soapbox than eat.
Dow Futures... +111
😂👍
Yes, there is a pattern.
Sorry, neither the market, nor I are cooperative.
Agree.
Brandon's plan was to get them to laugh themselves to death.
“”And Texas (over 5 million barrels of oil a day)””
That number is increasing daily, we’re starting to punch a lot of holes again.
____________________________________________________________
Yep.
Popping up all over again almost like the initial “Shale Boom Rush”.
What’s interesting is what I’m not seeing. With all the wells being drilled I still haven’t seen one vertical rig in operation, they’re all horizontals. They’re drilling two or more wells per location.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.