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Dow futures drop 400 points after hot inflation report
CNBC ^ | 09/14/2022 | Jesse Pound

Posted on 09/13/2022 6:09:57 AM PDT by tanstaafl.72555

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To: Sequoyah101

Sure, you can buy this car for a dollar but the keys cost $40k


41 posted on 09/13/2022 7:37:34 AM PDT by Cletus.D.Yokel (Islam is NOT a religion of any sort. It is a violent and tyrannical system of ruling others.)
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To: TexasGator

Dow is down 803 now.


42 posted on 09/13/2022 7:38:48 AM PDT by Deo volente ("When we see the image of a baby in the womb, we glimpse the majesty of God's creation." Pres. Trump)
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To: Deo volente

810 now.

I’m sorry I looked.

Sigh.


43 posted on 09/13/2022 7:40:01 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: Cletus.D.Yokel

And the software to run it will cost plenty, too...


44 posted on 09/13/2022 7:40:32 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: TexasGator

thx, we did the math. I was too quick to post. Bottom line, the context of the argument stands.


45 posted on 09/13/2022 7:40:38 AM PDT by 1Old Pro
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To: tanstaafl.72555

Just print more money, Joe!


46 posted on 09/13/2022 7:43:49 AM PDT by grobdriver (The CDC can KMA!)
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To: tanstaafl.72555

It’s down 800+ now thanks to the idiot Biden and his commie supporters. Buckle up it’s about to get bumpy!


47 posted on 09/13/2022 7:43:54 AM PDT by 9422WMR (45 1. Lie, cheat, steal. It’s how the democRATS operate. )
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To: tanstaafl.72555
DOW
31,542.16 -839.18 -2.59%
S&P 500
3,989.05 -121.36 -2.95%
NASDAQ
11,812.20 -454.21 -3.70%
48 posted on 09/13/2022 7:47:30 AM PDT by Robert DeLong
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To: tanstaafl.72555

NASDAQ down over 400 currently.


49 posted on 09/13/2022 7:47:35 AM PDT by Varsity Flight ( "War by the prophesies set before you." I Timothy 1:18. Nazarite prayer warriors. 10.5.6.5)
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To: tanstaafl.72555

DOW down 848 at 10:48 AM

Thanks Thug Biden and Goons.


50 posted on 09/13/2022 7:49:15 AM PDT by GOPJ (Biden's 'WAR ON THE AMERICAN PEOPLE' speech is history's Jimmah Carter's BIG RABBIT blunder..)
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To: 9422WMR

Meanwhile, Biden is out there giving pep talks and talking about his “accomplishments”.

Hilarious...and very sad.


51 posted on 09/13/2022 7:50:36 AM PDT by Deo volente ("When we see the image of a baby in the womb, we glimpse the majesty of God's creation." Pres. Trump)
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To: GOPJ

I just checked it and the Dow was down 855 points.


52 posted on 09/13/2022 8:06:24 AM PDT by Tom Tetroxide
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To: GOPJ

We need this Shock.

Taking down unbounded printing of fiat. Taking down the FED. Taking down fractional-reserve debt-creation Bankstering, that places entire nations (especially the USA) into eventual guaranteed bankruptcy.


53 posted on 09/13/2022 8:08:05 AM PDT by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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To: Deo volente

I just heard on the news, Biden is telling America we should welcome this good news. Dow is welcoming it by dropping 881 right now and probably will hit 1000 down by close.


54 posted on 09/13/2022 8:13:04 AM PDT by hinckley buzzard ( Resist the narrative.6.)
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To: tanstaafl.72555

At least with 2008 there was a lot of money to be made in Bond funds. Now after 14 years of bond market distortion combined with high CPI, it’s hard to be remotely sure about anything. I’ve been doing mostly treasury direct 4-week, 8-week, and 13 week bills this year. Never, ever, ever thought I’d be doing that with any money I had allocated towards investments. Hopefully some clarity emerges soon.


55 posted on 09/13/2022 8:15:28 AM PDT by teevolt
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To: hinckley buzzard
Dow is welcoming it by dropping 881 right now and probably will hit 1000 down by close.

The recent market crash, er correction, tells me we are in for at least a 18 month recession, stagnant economy, stagnant market, high inflation. Millennial's are going to be in for a shock. Their first real economic collapse.

56 posted on 09/13/2022 8:16:20 AM PDT by 1Old Pro
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To: tanstaafl.72555

“ my strong advice is that you should be COMPLETELY out of markets for right now. Get in cash, or if you are feeling bold, go to gold and silver....”

Gold & silver are down too, though not as much.

My strong advice is for people to not take your strong advice. Notice I am not giving people I don’t know “strong advice” of my own.

(In my best Bush the Elder impersonation….) Wouldn’t be prudent.


57 posted on 09/13/2022 8:19:43 AM PDT by jdsteel (Do I really need a /sarc?)
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To: TexasGator
Phoenix. It dropped to $3.89, then went to $3.99, now $4.29.

I believe our inflation is the highest in the nation.

58 posted on 09/13/2022 8:23:01 AM PDT by Tommy Revolts
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To: tanstaafl.72555

NASDAQ down over 500


59 posted on 09/13/2022 8:26:41 AM PDT by Varsity Flight ( "War by the prophesies set before you." I Timothy 1:18. Nazarite prayer warriors. 10.5.6.5)
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To: hinckley buzzard
I just heard on the news, Biden is telling America we should welcome this good news.

Doubleplusgood! Chocolate ration increased to 20 grams a week, and zero inflation.
60 posted on 09/13/2022 8:30:51 AM PDT by Deo volente ("When we see the image of a baby in the womb, we glimpse the majesty of God's creation." Pres. Trump)
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