Posted on 03/28/2025 2:00:16 PM PDT by ChicagoConservative27
Stocks ended the with with steep losses after new federal data showed prices rising faster than expected, reigniting inflation fears on Wall Street.
The Dow Jones Industrial Average lost more than 715 points on the day, falling 1.7 percent. The Nasdaq composite lost 2.7 percent and the S&P 500 index fell 2 percent.
The stock slide began shortly after the Commerce Department released data showing an unexpectedly steep increase in consumer prices.
The personal consumption expenditures (PCE) price index rose 2.5 percent over the past year, but 2.8 percent without food and energy prices included. On a monthly basis, the PCE index advanced by 0.3 percent while core PCE increased by 0.4 percent.
(Excerpt) Read more at thehill.com ...
Loving this Wall of Worry.
I know some people excuse Trump, much like the left blames everything on Trump. Both sides are wrong.
Aren’t Stocks supposed to be one of the better ways to beat Inflation?
Trump 1.0 WAS a Big Spender.
Too may inexperienced retail investors, more likely traders, in the market cause this kind of panic.
For an investor inflation leads to inflation of share price.
I think they say silver and crypto.
Biden’s fault.
Inflation isn’t the driving concern, the constant attributes on tariffs and the changes. Market is finding it more difficult to price in a mixed message.
The next inflation rate report will come out in April, this article is related to the consumer price index(CPI) which was up .2% in February.
Here’s a better way to look at it.
January 2024 inflation rate 3.1
February 2024 3.2
March 2024 3.5
January 2025 3.0
February 2025 2.8
March 2025 ?
Commerce Department ... DOGE the commies in the commerce dept.
Trump 1.0 WAS a Big Spender.
************
They’re all big spenders. Also, when they stop being big spenders, you’ll see substantial deflation.
Most people won’t like it.
“you’ll see substantial deflation.”
I think The Fed needs to set its Inflation Target to -1% for a while.
This was the problem during Covid:
The Federal Reserve printed approximately $3.3 trillion in 2020 alone, which, according to City AM, equates to one-fifth of all US dollars in circulation in the same year.
I expect a Federal Judge to order the stock market to reverse itself.
Stocks were there last week...minor issue.
I’m not a finance person myself but I’ll share what my stockbroker told me last week.
He said their firm’s economists were expecting a 9%-14% pullback in the market through the summer.
P/E ratios had been too high but with the latest corrections they are within one standard deviation of historical averages.
Yes they can go lower but he thought the market was oversold, but not badly so.
Again, that’s what a finance professional said, not me.
Idgaf. PDJT all the way. Liberal democrat woke agenda is dying and they have horrible approval. THIS is what I voted for.
Ok GLobal boy.
MAKES NO SENSE.
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