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Dow falls 20% from intraday record high of Jan 5
Reuters via Yahoo ^
| September 23, 2022
| by Caroline Valetkevitch
Posted on 09/23/2022 9:25:14 AM PDT by Oldeconomybuyer
Sept 23 (Reuters) - The Dow Jones Industrial Average was down more than 20% from its Jan. 5 intraday record high on Friday amid worries that aggressive policy tightening by the Federal Reserve will push the economy into a recession.
The index would confirm it has been in a bear market if it closes more than 20% below the record high close, according to a widely used definition.
(Excerpt) Read more at finance.yahoo.com ...
TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: inflation; market; recession; stock; stockmarket
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To: Oldeconomybuyer
“Dow falls 20% from intraday record high of Jan 5”
Take that, Putin!!!!
2
posted on
09/23/2022 9:26:08 AM PDT
by
BobL
(By the way, low tonight in Latvia: 38 degrees)
To: Oldeconomybuyer
3
posted on
09/23/2022 9:28:53 AM PDT
by
bk1000
(Banned from Breitbart)
To: Oldeconomybuyer
4
posted on
09/23/2022 9:30:47 AM PDT
by
Magnum44
(...against all enemies, foreign and domestic... )
To: Oldeconomybuyer
S&P down 23% from that January high.
There’s more downside to come, imo.
5
posted on
09/23/2022 9:31:33 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)
To: BobL; 1Old Pro; delta7
29,378.45 −698.23 (2.32%)today
Sep 23, 12:30 PM EDT
6
posted on
09/23/2022 9:31:42 AM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: BobL
29,372.44
-704.24 (-2.34%)
As of 12:32PM EDT.
7
posted on
09/23/2022 9:33:15 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)
To: Magnum44
8
posted on
09/23/2022 9:33:21 AM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: Oldeconomybuyer
Manbear pig quote: What is up, should be down.
And what is down, should be up.
9
posted on
09/23/2022 9:33:51 AM PDT
by
shotgun
To: SaveFerris
“Inflation up just a tick.”
- Joe Biden
10
posted on
09/23/2022 9:34:50 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)
To: SaveFerris
They’ll just redefine Bear/Bull market. Just like we’re not in a recession.
11
posted on
09/23/2022 9:35:58 AM PDT
by
shotgun
To: Oldeconomybuyer
To: Oldeconomybuyer
I would hope that all who voted for this dipstick, and all others who arranged his installation, will lose their financial ass through this communist debacle. It is so sad that this world is run by lunatics now! I pity the next generations and apologize to them that my generation allowed this to happen!!!
13
posted on
09/23/2022 9:42:04 AM PDT
by
eeriegeno
(Checks and balances??? What checks and balances?)
To: Oldeconomybuyer
Sophomoric analysis from a dipshit journalist. She has zero ideas what is really occurring.
14
posted on
09/23/2022 9:52:27 AM PDT
by
ConservativeInPA
( Scratch a leftist and you'll find a fascist )
To: Oldeconomybuyer
Everything going according to plan.
15
posted on
09/23/2022 9:57:02 AM PDT
by
CivilWarBrewing
(Get off my back for my usage of CAPS, especially you snowflake males! MAN UP!)
To: Oldeconomybuyer
...amid worries that aggressive policy tightening by the
Federal Reserve will push the economy into a recession. I guess they hadn't heard. We had two down quarters back
to back, with regard to GDP.
The recession was official at the first of September.
The worry now is how deep will the depression go?
At least the mean Tweeter is gone. Whew! /s
16
posted on
09/23/2022 10:00:49 AM PDT
by
DoughtyOne
(I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which stands.)
To: Oldeconomybuyer
17
posted on
09/23/2022 10:03:01 AM PDT
by
moovova
To: Oldeconomybuyer
The Great Reset is real and working as designed…
18
posted on
09/23/2022 10:04:18 AM PDT
by
gov_bean_ counter
(Eccl 10:2 - The heart of the wise inclines to the right, but the heart of the fool to the left.)
To: Deo volente
S&P down 23% from that January high.
____
S&P 500, June low: 3636. Today’s intraday low: 3662.
How low can it go, 3550, 3425, 3260, 3000?
I’m back in at 3300, just a bit, 5%.
Keep your powder dry. When the vix hits 50, buy.
19
posted on
09/23/2022 10:14:32 AM PDT
by
thepoodlebites
(and that government of the people, by the people, for the people, shall not perish from the earth.)
To: Oldeconomybuyer
Let it crash! Pain is the only thing Americans understand...
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