Posted on 05/18/2022 12:45:07 PM PDT by fwdude
The Dow fell by more than 1,000 points, putting it on track to break a four-day winning streak, as big retailers reported their profits are getting crushed by inflationary pressures.
The S&P 500 fell by 3% on Wednesday and the Nasdaq shed nearly 4% as investors reacted to a weak first quarter earnings report by Target.
The Dow Jones Industrial Average was recently at 31,618.18 — off 1,036.41 points, or 3.2%.
(Excerpt) Read more at nypost.com ...
Biden has a plan to deal with this. It’s called blame.
Darn those white supremacists!
We just need a few trillion more Nancybucks.
So much for the “greedflation” lie saving the Biden Democrats
Pelosi Piastres!
Coup d’etat, anyone ?
That’s the plan. That’s how Democrats are. They blame problems on leftover problems from the previous Republican president.
Biden/Obama/ValJar/Pelosi are rejoicing.
Yeah, send us lots more free meney to cover these rising costs. That’ll fix it. $100,000 per family should do the trick.
Why do think Deep State has been so busy purging our military of anyone loyal to our former republic...
Does this mean put all your money into bonds until November? Price of living goes up and you lose money but what about the slippery slope?
Ronald Reagan is probably on POS Biden’s to blame list.
The MAIN thing to remember here guys...
Liberals have NO SOLUTIONS to this that wont make it worse!
I am not just saying that as a partisan, which I am. But honestly, liberals’ solution to nearly any problem is to throw money at it.
But in an inflationary environment.. the government throwing money around in an attempt to “help” people, will only create more inflation. This is going to get A LOT worse before it gets better. The only thing that can save us now is Republicans retaking congress in November AND holding the line on any additional inflationary handouts.
Blue Horseshoe loves Anacott Steel
Just wait for for the restaurant stocks to report. It will be worse.
I expect Costco to do just fine because people will be eating at home much more.
+1
For me, its all about no sale if it’s not absolutely necessary.
There is no other way to fight this leftist inflation insanity.
His press gal today was spewing Puh Puh Puh Putin Price Hike, UGH
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