What is happening with the markets? A rhetorical question, of course. We the People know what is happening with the markets.
President Trump notes that the downfall is all self-inflicted.
This from thegatewaypundit.com.
President Trump and America know that the markets’ downturns are all self-inflicted and due to Biden’s failing economic policies. Trump shared a Truth this morning:
On Friday the DOW was down more for this year than the worst year in history by points.
Unfortunately, things only look worse. The DOW futures were way down this Monday morning before the openning bell.
U.S. stock futures looked set to break below the lows of May, as financial markets continue to reel from a surprise acceleration in inflation just days ahead of a Federal Reserve interest-rate decision.
- Futures on the Dow Jones Industrial Average fell 597 points, or 1.9%, to 30762.
- Futures on the S&P 500 dropped 92.75 points, or 2.4%, to 3808.
- Futures on the Nasdaq 100 decreased 350.5 points, or 3%, to 11517.
On Friday, the Dow Jones Industrial Average fell 880 points, or 2.73%, to 31393, the S&P 500 declined 117 points, or 2.91%, to 3901, and the Nasdaq Composite dropped 414 points, or 3.52%, to 11340.
What’s driving market
Friday’s news showing the consumer price index shooting to a fresh 40-year high of 8.6% year-over-year has caused investors to reassess how high the Fed will go in raising interest rates.
In addition to speculation that the Fed may lift interest rates as much as 75 basis points on Wednesday, the yield on the 2-year Treasury has climbed to 3.20% — up from 2.80% on Thursday.
The following from thegatewaypundit.com.
The Dow Jones Industrial Average (DJI) surged 0.8% or 257.86 points to close at 31,188.38 on January 21, 2021, marking its all-time closing high on the first day following Joe Biden’s inauguration.
From December 2021 – January 2022 to today the Dow Jones has plummeted over 6,000 points.
The market was then at 30,693 points.
And early Monday the day, of course, was far from over. At one point the Dow fell to below the value it was on the day Joe Biden assume his stolen office.
Joe Biden and his [d]emocrat masters have created an economic catastrophe.
The worst is yet to come.
The following from thegatewaypundit.com.
After the closing bell, Money reported:
U.S. stocks plunged into bear market territory Monday morning as Wall Street investors grew increasingly nervous about the prospect of even more harsh medicine from the Fed to take the sting out of inflation.
The expected result of the Biden Regime’s anti-American policies is the DOW is now lower than it was on January 20, 2021, the day Obiden assumed his stolen office. On January 20 the DOW closed at 31,188.
Now the DOW is officially down 672 points since January 20, 2021. Obiden and cabal could not be doing a better job of destroying America than they are currently doing. Such a degree of destruction could not be topped.
