Posted on 04/29/2022 1:17:32 PM PDT by Tell It Right
U.S. stocks sunk Friday with the Nasdaq Composite notching its worst month since 2008, as Amazon became the latest victim in April’s technology-led sell-off.
The tech-heavy Nasdaq Composite fell 4.2% to 12,334.64, weighed down by Amazon’s post-earnings plunge. The S&P 500 retreated by 3.6% to 4,131.93. The Dow Jones Industrial Average shed about 940 points, or 2.8%, to 32,977.21.
(Excerpt) Read more at cnbc.com ...
biden’s economy
Let’s go Brandon!
But hey, we’re sticking to those Russians. They’re so used to centuries of living high on the hog. This must be really hurting them...
but but according to Peppermint Patty everything is awesome and if its not its Putin’s fault..or Trump’s fault I keep forgetting
Time for Joe Dementia to impose even more sanctions on Russia.
Working out great for the American economy.
Chuckle.
Yep ….. economic wars are the prelude….. normally
At least the mean tweets are gone... along with the 401K.
Imagine how cute that big fella is when he emerges from hibernation... Hungry as hell.
I feel bad for any living creature in the vicinity.
Here’s an amazing Brown Bear Webcam where they can often be found fishing, swimming, and eating.
https://explore.org/livecams/brown-bears/brown-bear-salmon-cam-brooks-falls
Man, it's gonna be bad, real bad, super bad.
But Biden insists that our Economy is just going along swimmingly.
I’m really confused. Mr. Biden said he’d Build Back Better. But nothing seems to be better now. Nothing at all. Maybe those deplorables who supported mean old Mr. Trump were right after all.
Sorry but I loved the pic and forgot about the article..lol.
Sucks about the DOW. What I’m wondering is why it’s still so high? As usual, Wall Street is doing much better than Main Street.
It will be up +1500 in the next two weeks
Will Biden or Trump power the market to higher profits for retirement investors? An analysis of the economic policies proposed by both candidates by the debt-rating agency Moody's gave the edge to Biden. It concluded that if Democrats sweep the White House and both houses of Congress, the economy will grow 4.2 percent a year, on average, over the next four years, compared with a more modest 3.1 percent annual increase if a Republican president and Congress are elected. If Congress remains split between a Democratic house and GOP Senate, the forecast was a lot closer: Moody's estimated a Biden presidency would lead to 3.5 percent annual GDP growth over the next four years vs. 3.2 percent growth under a second Trump term.
The majority of studies, including one by research group Oxford Economics and the budget model from the University of Pennsylvania Wharton School of Business, side with Moody's general conclusion that Biden's overall legislative plan would stimulate greater economic and job growth than the current trajectory under Trump. Most, not all: The Tax Foundation predicts the economy will shrink by 1.6 percent in the long run with a Biden win.
GDP shrank 1.4% last quarter. Looks like "The Tax Foundation" got it right.
Trump warned about your 401K with a Biden victory.
The attack on fossil fuels is contracting the economy and will cause famine.
Nice going Joe.
Intervention time.
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.