Posted on 05/18/2022 10:58:34 AM PDT by 1Old Pro
The Dow Jones Industrial Average shed 1,029 points, or 3.2%, with the average set for its first loss in four days. S&P 500 traded 3.6% lower, while the Nasdaq Composite slipped 4.3%.
Markets returned to heavy selling after two back-to-back quarterly reports from Target and Walmart advanced investor fears of rising inflation. It's the fifth Dow decline of more than 800 points this year, which all occurred as the stock sell-off intensified within the last one month, according to FactSet data.
(Excerpt) Read more at msn.com ...
I had at least 5 properties whose appraisals increased by 40% up to 133% over the past year.
NYS AG Letitia James says property values can't go up, so she is suing Trump for over valuation. Whatever you do don't borrow on the assets our she'll sue you.
I as well but millions have not...
LOL, I’m in Texas, as far away from Letitia as I need to be.
Imagine big medias reaction if this were happening under trump. There would be rioting in the streets with people fired up by the media
Bezos was a public, loudmouthed supporter of the violent Black Lives Matter thug mob riot organization that viciously rampaged across the United States during 2020, in city after city, in town after town ... brutally assaulting innocent Americans dining in outdoor cafes, violently smashing into storefronts, looting stores, setting them on fire, etc. And that's only a fraction of what the violent Black Lives Matter riot organization did throughout 2020.
Even today, many inner-city youth use the violent Black Lives Matter riot organization as their role model and heroes, still wildly looting stores across the nation (although probably not to the same degree as in 2020). Wild violence is a way of life for far too many black youth throughout the United States. That's what happens when, instead of speaking out against violence and looting, all Democrats (including the far-left Bezos) publicly praise Black Lives Matter, even to this day.
I’m thinking 30,000 DOW will be a psychological tipping point and the market losses will lead to a repression if not depression.
If Biden gets another two years, this market will go below 25,000
Same here, I was considering retiring sometime this year but those (*^*&%^&%&^T&^%*&%*& in Washington are destroying my 401. If by a miracle the market rallies and I recover a good chunk of it, I’m getting out of Dodge.
Yes, I’m a federal employee with a lot of money in the TSP (it’s the gov’t version of the 401k) and I thought it was very eerie when they announced I could not access my account at all for 3 weeks (not that I planned to make any changes, but still. . .)
Building Back Better my a**!
1208 now!
1000 points? Hmmm, maybe I’ll start following. If it drops 1000 points for several days in a row, then we have something.
At this rate, it will hit 25,000 by the end of August.
Will it break BELOW 30,000 by the end of the week?
Biden is trashing this country and millions of people’s retirement accounts. Just incredible. He’s making it difficult to eat, or to drive, or to have freedom.
so true. wants govt dependency once the fruits of ones labor are exhausted...
Many people...trust too much.
It already has.
BUY TERRA!!!
Putin’s stock market crash
“I’m thinking 30,000 DOW will be a psychological tipping point and the market losses will lead to a repression if not depression.”
We’re already in a repression.
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