Dow drops more than 1,000 points, retailers’ profits crushed by inflation

New York Post ^ | May 18, 2022 | Ariel Zilber

[CivilWarBrewing]

What else can you do with an IRA? If you take a distribution you will be TAXED come tax time.

[CivilWarBrewing]

How you gonna buy gold with an IRA, unless you get that worthless paper gold which isn't physical gold!

Physical precious metals purchase with an IRA would require cashing out which at that point you'd be TAXED on your distribution.

Buy low, sell high. THE HIGH IS BEHIND US and the lowest low has YET TO COME. It's going to get much WORSE.

[tomkat]

The U.S. version to the first question, and not well at all to the second.

[fortes fortuna juvat]

I expect Costco to do just fine because people will be eating at home much more.
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They’ll do just fine until their suppliers stop showing up, followed by their customers!

[fortes fortuna juvat]

(Let alone if they are sane or not)
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
The reason for my tagline!

[fortes fortuna juvat]

Bought a used car a couple weeks ago and new dishwasher coming today.
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A dishwasher?? Is she attractive? Seriously, I’ve always considered a dishwasher to be a total waste of money. In fact, I’ve had one in my beach condo for 35 years and never used it a single time!

[fortes fortuna juvat]

Seriously though, my tools are in the garage. Getting to them will require 5 hours of moving her stuff around though.
.................................................
Think you have problems? For almost five decades I’ve been living with a genuine HOARDER. The problem is my entire life I’ve been a “neat freak” educated by Nuns who never tired of repeating the mantra “There’s a place for everything, and everything IN ITS PLACE!”

[Robert A Cook PE]

Yes. First quarter GDP was negative for 2022, and the last quarter of 2021 was not much better. If the second quarter of 2022 is remains negative, it will merely marked the “official “ start of the recession we all knew began trending down into in March 2021.

[fortes fortuna juvat]

EVERYONE IN THE BIDEN REGIME should be handcuffed and dragged to solitary confinement cells, but INSTEAD THEY ARE NOW IN CHARGE OF DESTROYING EVERYTHING AMERICAN.
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I suspect most people in this country (and possibly most people on this forum) would disagree with you, but I’m not one of them. I believe you’re absolutely right.

[HKMk23]

“... raising corporate taxes will help turn around inflation.”

Panel #3 in the trifold DNC play brochure.

Hell can’t swallow them up soon enough.

[Varsity Flight]

Time for Covy-Control and bailout #2.

Only 2 retailers allowed open.

[upchuck]

"Biden/Obama/ValJar/Pelosi are rejoicing. "

Don't forget Susan Rice and Ron Klaine.

[vivenne]

It’s Putin’s fault.

[SaveFerris]

(Closing with a −1,161 today.)

Darn you, Global Warming!!!

🗣️🗣️🗣️🗣️🗣️

[SaveFerris]

(We are Venezuela now)

But no more President Trump in office.

Great job, Democrats.

😔🙄

[al_c]

Imagine their outcry if Trump was still in office.