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Dow slumps more than 500 points after key consumer inflation reading is hotter than expected
CNBC ^ | 10/13/2022 | Alex Harring

Posted on 10/13/2022 6:45:33 AM PDT by Tell It Right

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To: Mogger

Uh...those are annualized inflation rates you’re using as monthlies.


61 posted on 10/13/2022 10:35:05 AM PDT by semimojo
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To: Mogger

Mogger:

You have managed to characterize annual inflation rates as monthly inflation. New math? You should work for the IRS. They need some aggressive money crunchers.


62 posted on 10/13/2022 10:44:51 AM PDT by thegagline (Sic semper tyrannis )
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To: EQAndyBuzz

It could be worse, you could already be retired.

It could be much worse, you could not have an option to work.

Sorry.


63 posted on 10/13/2022 10:46:17 AM PDT by Sequoyah101
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To: All

The Dow is now up $778.


64 posted on 10/13/2022 10:46:59 AM PDT by thegagline (Sic semper tyrannis )
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To: thegagline

yep


65 posted on 10/13/2022 10:47:05 AM PDT by 1Old Pro
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To: Dilbert San Diego

I don’t understand all the complaining,you know Joe got 81 million votes! Where the hell are all these people that voted for the senile traitor?
They should all be all over media defending old Joe,tell us how this is transitory,
No problem


66 posted on 10/13/2022 10:50:34 AM PDT by ballplayer
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To: thegagline

916 and skyrocketing..


67 posted on 10/13/2022 12:06:42 PM PDT by rolling_stone ( ...)
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To: rolling_stone

I imagine some will be calling this a reversal day, but what happens tommorrow?


68 posted on 10/13/2022 12:08:16 PM PDT by rolling_stone ( ...)
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To: rolling_stone

I’m kicking myself. I was looking to go in on MRO (Marathon Oil) at 22 in late September. It is now $28+. Nothing ventured, nothing gained.


69 posted on 10/13/2022 12:17:50 PM PDT by thegagline (Sic semper tyrannis )
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To: EQAndyBuzz

I know, my Mom died in July and left me some stock. I haven’t seen any of it yet, but I know she had Apple, AT&T, and Costco.

I wanted to say something to her two years ago, when Biden came in, but it wasn’t my place. She was 93 then and still very sharp, was in it for the long haul. My brothers are saying it’ll comeback.


70 posted on 10/13/2022 12:36:39 PM PDT by JohnnyP (Thinking is hard work (I stole that from Rush).)
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To: Codeflier
As we sit here right now it is at -26.74% YTD

A few more months like that and we might start heading into a recession.

71 posted on 10/13/2022 1:04:01 PM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: rolling_stone

Intra-day swing over a thousand points.


72 posted on 10/13/2022 6:27:48 PM 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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