Dow drops 500 points after plunging 8% in September: Wall Street declines for the third straight quarter in longest losing streak since Great Recession

UK Daily Mail ^ | October 1 2022 | KEITH GRIFFITH

[knighthawk]

Wall Street ended Friday -- the final day of the month and the quarter -- on another down note, with the main stock indexes posting their third straight quarterly loss for the first time since the Great Recession.

The Dow Jones Industrial Average dropped 500 points for a loss of 1.7 percent on the day, marking a decline of 8.8 percent for the month of September, 6.6 percent for the quarter, and 21 percent since the start of the year.

The market's dismal recent performance follows historically high inflation, rapidly rising interest rates, and fears that the economy could soon crash into a sharp downturn with massive layoffs and soaring unemployment.

[clearcarbon]

"Dow drops 500 points after plunging 8% in September: Wall Street declines for the third straight quarter in longest losing streak since Great Recession"

It's like obama never left.

[SaveFerris]

GREATEST ECONOMY EVER

But, no more mean Tweets!!

[Governor Dinwiddie]

Let's go Brandon!

[Worldtraveler once upon a time]

--- "It's like obama never left."

This is his third term.

[FreeperCell]

So you guys good with this? We got lots more !!!

[SaveFerris]

Great Recession

World War III

Great Depression II

Great Reset

New World Order

Satan’s anti-messiah

Luke 21:34-36

[SaveFerris]

John 3:17-18

[M-cubed]

Let’s go Brandon! <<<

Where’s Jackie?

[RoosterRedux]

There's a silver lining to this happening right now and we all know what that it.

And, yes, like many of us, my retirement nest egg has shrunk dramatically.

[HYPOCRACY]

This keeps up and they’re gonna have to redefine a bear market.

[Tom Tetroxide]

January 2022 has proven prophetic what the rest of the year would be like - volatile and a loser.

[JonPreston]

DOW minus 8/8% in September, while inflation averaged 8.3%, making the total loss of wealth to the average American saver at nearly 17% for the month. Biden is ruining the US and we are too frightened to even complain.

[ProudDeplorable]

Thank You Joe Biden #FJB

[Theoria]

Octobear on deck. October, historically is full of bad days.

[dsrtsage]

"It's like obama never left"

Hope
for spare
Change

[freedumb2003]

since pedo joe took office I have taken a haircut down to my freaking neck. My Advisor says it is unprecedented that ALL sectors are down: stocks, bonds, cash, precious metals.

[SaxxonWoods]

Real estate has held up the best, but it has to go down too. All the excesses have to be worked off. We’re getting there.
I was up .015% Friday, yay!

[cgbg]

Yup—October is a wonderful month to be out of the market.

November is a good month to get back in....

[cgbg]

You don’t need an “advisor” to tell you which way the markets are going...

;-)