Posted on 05/09/2022 6:10:03 PM PDT by ChicagoConservative27
Stock markets plunged to their lowest level in more than a year on Monday, extending a five-week rout as investors weighed the prospect of interest rate hikes and China's COVID-19 lockdowns.
The Dow fell 654 points, or nearly 2%, to close at 32,246. The broad-based S&P 500 fell 3.2%, to 3,991, while the heavy-tech Nasdaq lost 4.3%.
It's the fifth straight week of losses for the S&P 500 — its longest losing streak since 2011, according to data provider FactSet.
(Excerpt) Read more at cbsnews.com ...
Yep, they are predicting 100 million new cases. Just in time for the midterms.
“Covid worries?”
Not Covid worries per se, but worries about Covid insanity, this time on the part of the Chinese government.
I finally decided to check my Vanguard accounts this morning. I kinda know how those guys who jumped out of windows in 1929 felt now. Thanks Joe!
Nobody except the dumbest of demonrats are worried about covid. People are only worried about what new and improved insanity the government does to fight it.
Covid worries. Supply chain worries. Shut down worries. Trucking worries. Putin worries. Hemorrhoid worries.
NOTHING is Joe Biden’s fault.
Dems now call the cold Covid.
Making Doom and gloom predictions is easy. The challenge is is in predicting the timing. Looks like the time for prediction is over because we’re there. Buckle up.
but, but, but leaked SCOTUS draft ....
Well put.
Rapidly approaching the ability to retire and he has cost me about 20% of my retirement nest egg AND increased my cost of living dramatically.
At least I don’t have to suffer all those mean tweets though.... /s
Covid worries???
YSM?
These people are certifiable.
COVID? Really…..
Obviously climate change….
Or white supremacy
I thought ‘inflation is a good thing’…according to rat talking points…
“Covid worries?”
Prog media rule.
Anything bad = covid (or Trump)
Anything good = “Sound Democrat Party Policies.”
.
Nothing to worry about . Putin is going to nuke us shortly.
So, folks, I’m a total financial illiterate, but I have WAY too much money locked up in stocks.
What should I do?
Mainly in mutual funds or gold based funds.
Open to any advice.
Sorry I don’t want to correct you but this is from SEEBS.
They worried COVID-19 is no longer a license to steal from taxpayers?
CDC needs to be hit with a FOIA to get tracking information related to 2000 Mules:) Maybe On-Star is tracking us for the USG too and would be useful. And then the phone companies.
The USD is not experiencing O-biden flation.
“..Rapidly approaching the ability to retire and he has cost me about 20% of my retirement nest egg AND increased my cost of living dramatically....”
Things were rolling along fine under Trump.
We’ve got mentally-deranged midgets running the asylum.
They’ve just about destroyed the entire country.
What’s not to hate about em? /S
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