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Dow down more than 450 points on recession fears
The Hill ^ | 09/29/2022 | ZACH SCHONFELD

Posted on 09/29/2022 2:20:31 PM PDT by ChicagoConservative27

Stocks dropped steeply on Thursday as investors showed fears of a potential recession and currency volatility, erasing gains made during Wednesday’s rally.

The Dow Jones Industrial Average dropped by more than 450 points, or 1.5 percent, to 29,227, while the Nasdaq fell by 2.8 percent and the New York Stock Exchange sunk by 1.6 percent when markets closed Thursday.

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


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: bideneffect; dow; fears; points; recession; stockmarket
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To: NWFree

[...on recession fears...]

We have been in a recession the past two quarters. Once the Q3 2022 numbers are out, we will then be in a recession for 3 quarters.

4 consecutive quarters of recession is the textbook definition of a DEPRESSION!


81 posted on 09/29/2022 4:32:51 PM PDT by Bshaw (A nefarious deceit is upon us all!)
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To: Shady

The White Rabbit
Jeff Airplane
https://youtu.be/1Vy1OoBAL-E


82 posted on 09/29/2022 4:44:18 PM PDT by redshawk ( I want my red balloon. https://youtu.be/VexKSRKoWQY)
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To: TexasGator
TexasGator: Cheerleader for Biden economic policies, EV's, Tesla, Musk.

Doesn't know the difference between a utility and a company selling utilities.

83 posted on 09/29/2022 4:59:50 PM PDT by lewislynn (Trump accomplished more in one term than any other President in your lifetime.)
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To: lewislynn

“Doesn’t know the difference between a utility and a company selling utilities.”

Utility: an organization supplying the community with electricity, gas, water, or sewerage.

“a company selling utilities.”. A company selling more than one organization supplying the community with electricity, gas, water, or sewerage.


84 posted on 09/29/2022 5:14:10 PM PDT by TexasGator (!!!)
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To: ChicagoConservative27

What recession fears? We’re already in one, except according to the White House.


85 posted on 09/29/2022 5:15:37 PM PDT by Tolerance Sucks Rocks (FBI out of Florida!)
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To: ChicagoConservative27

86 posted on 09/29/2022 5:25:37 PM PDT by SmokingJoe ( )
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Comment #87 Removed by Moderator

To: ChicagoConservative27

And we’re all surprised. The Rats destroy EVERYTHING.


88 posted on 09/29/2022 5:41:50 PM PDT by wardamneagle
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To: ChicagoConservative27

..on recession fears...

Yesterday’s news today! In other news, Florida braces for Hurricane’s landfall...


89 posted on 09/29/2022 5:51:04 PM PDT by OrangeHoof (No food in the stores; fuel prices too high? Thank a liberal.)
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To: All

Subtract all the “stimulus”, deficit spending/debt monetization and QE and you get a DOW-30 less than 20,000...a lot of downside potential left.


90 posted on 09/29/2022 5:53:30 PM PDT by Drago
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To: ChicagoConservative27

High interest rates is pushing me into good old CASH.


91 posted on 09/29/2022 6:33:19 PM PDT by jdt1138 (Where ever you go, there you are.)
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To: ChicagoConservative27

Recession? FJB will mention recession when we’re in a depression !


92 posted on 09/29/2022 6:36:52 PM PDT by wardamneagle
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To: fwdude
"Almost every major news/economic reporting agency I’ve read fears we may “enter into a recession in 2023,” as if we aren’t already there."

It's like obama never left.
93 posted on 09/29/2022 9:55:37 PM PDT by clearcarbon (Fraudulent elections have consequences.)
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