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Dow drops more than 1,000 points, retailers’ profits crushed by inflation
New York Post ^ | May 18, 2022 | Ariel Zilber

Posted on 05/18/2022 12:45:07 PM PDT by fwdude

The Dow fell by more than 1,000 points, putting it on track to break a four-day winning streak, as big retailers reported their profits are getting crushed by inflationary pressures.

The S&P 500 fell by 3% on Wednesday and the Nasdaq shed nearly 4% as investors reacted to a weak first quarter earnings report by Target.

The Dow Jones Industrial Average was recently at 31,618.18 — off 1,036.41 points, or 3.2%.

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


TOPICS: Crime/Corruption; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: bideneffect; gasprices; sanctions
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To: fwdude

New WEF young leaders
https://www.corbettreport.com/wef

2021 UN food summit
https://www.weforum.org/agenda/2021/05/food-systems-summit-lever-of-change-second-innovation-public-forum/


21 posted on 05/18/2022 1:01:40 PM PDT by combat_boots (Nothing is built. Nothing is back. Nothing is better.)
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To: fwdude

Closing with a −1,161 today.


22 posted on 05/18/2022 1:01:54 PM PDT by Ben Dover
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To: ProtectOurFreedom
“Yeah, send us lots more free meney to cover these rising costs.”

The government has spent $30 trillion they don't have, and we still have inflation.

23 posted on 05/18/2022 1:06:02 PM PDT by jeffersondem
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To: fwdude

Let’s see... White Supreemists or Trump or Putin or MAGA or all of the above?

Biden and his new mouthpiece say that raising corporate taxes will help turn around inflation.


24 posted on 05/18/2022 1:07:50 PM PDT by cdcdawg (Black Ukrainian Coronavirus Vaccine Abortions Matter. It’s called democracy, folks. It’s who we are.)
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To: fwdude

Crappy times are here again
Depression and world war loom near again
Crappy times are here again


25 posted on 05/18/2022 1:08:26 PM PDT by Eleutheria5 (All Hail the MAGA King, beloved of Ultra MAGAs and Deplorables!)
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To: fwdude
Dow drops more than 1,000 points, retailers’ profits crushed by inflation

Biden is a Total Unmitigated Disaster and his Woke Regime is a Train wreck!

26 posted on 05/18/2022 1:10:18 PM PDT by The Sons of Liberty (Ultra MAGA!)
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To: cdcdawg
Let’s see... White Supreemists or Trump or Putin or MAGA or all of the above?

Buttigeig will blame the public companies for not anticipating the collapse of the U.S. economy due to Biden's policies.

27 posted on 05/18/2022 1:10:37 PM PDT by 1Old Pro
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To: fwdude

I long for the days of the Carter administration.


28 posted on 05/18/2022 1:10:45 PM PDT by Signalman
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To: fwdude

(Burn baby burn) disco inferno
(Burn baby burn) burn that mother down


29 posted on 05/18/2022 1:12:47 PM PDT by BusterDog
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To: 1Old Pro

How did I forget “corporate greed?” I look forward to these clowns trying to explain it all away. We have to try to keep laughing.


30 posted on 05/18/2022 1:13:09 PM PDT by cdcdawg (Black Ukrainian Coronavirus Vaccine Abortions Matter. It’s called democracy, folks. It’s who we are.)
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To: ProtectOurFreedom

Hey at least it will go to US Tax Payers!!!

How much have the Big 3 Parm comps made off of US Taxpayers?

Can you say Trillions?


31 posted on 05/18/2022 1:13:48 PM PDT by Harpotoo (Being a socialist is a lot easier than having to WORK like the rest of US:-))
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To: ClearCase_guy
"...Darn those white supremacists!" ...

Nah.

From the Democrats point of view, the blame probably
falls squarely on all of those pesky unaborted fetuses...

32 posted on 05/18/2022 1:13:50 PM PDT by GaltAdonis
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To: mewzilla

I have had a bit of a hunch that what the evil commucrat bastards are after is martial law.


33 posted on 05/18/2022 1:13:52 PM PDT by tomkat ( SOTU = FUBAR )
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To: Signalman

I hope everyone has a sewing machine. No way are retailers going to want to sell into this crappy inflationary market.


34 posted on 05/18/2022 1:15:22 PM PDT by Empire_of_Liberty
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To: TexasFreeper2009

LIBERALS broke everything.

HOW can anyone expect THEM to fix it???


35 posted on 05/18/2022 1:16:02 PM PDT by ridesthemiles
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To: TexasFreeper2009

Republicans retaking Congress could happen. Not throwing money around, unlikely.


36 posted on 05/18/2022 1:18:57 PM PDT by It Aint Easy
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To: RckyRaCoCo

The WH is a dog with fleas.

;-)


37 posted on 05/18/2022 1:19:24 PM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: laplata

You read my mind.

Democraps blame everything on somebody. Just not them.

They are the ones that attack the foundation of the trials and tribulations of this great nation and cannot figure out what the problem is.

(Let alone if they are sane or not)


38 posted on 05/18/2022 1:21:31 PM PDT by eyedigress (Trump is my President! )
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To: fwdude

39 posted on 05/18/2022 1:22:09 PM PDT by al_c (Democrats: Party over Common Sense)
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To: fwdude

Mass layoffs will start soon.


40 posted on 05/18/2022 1:22:22 PM PDT by McCarthysGhost (q)
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