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Dow futures drop more than 500 points after a hotter than expected inflation report

By HatetheSwamp
October 13, 2022 6:07 am
Category: President

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Bidenflation!

In spite of huuuuuuuuuge interest hikes, inflation remains above 8 percent!!!!!

Trust me, Blue MAGAs!

Old people...people struggling to survive on retirement savings...will FLOOD the polls this November!

Thanks, again, for foisting "that feckless dementia-ridden..." Former Truck Driver on us all.

The reversal in early gains came after the September consumer inflation report came in higher than economists expected. The consumer price index increased 0.4% for the month, more than the 0.3% estimate from Dow Jones. On an annual basis, inflation was up 8.2%.

Blue MAGAs...

Taking your TDS to the polls in 020, may, very well, the most disastrous decision in your whole life!


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Comments on "Dow futures drop more than 500 points after a hotter than expected inflation report":

  1. by oldedude on October 13, 2022 8:16 am
    Although any president has very little direct influence with the stock market, the state of the economy, access to investments, and trust in the economy hae a lot to do with it. Investors don't trust the economy. If you feel you're going to lose money, your portfolio is going to change. Apparently, investors are not willing to invest and want to be in safer waters.

    You would think the hurricane would slow things down, but with Florida rebounding so quickly, and the Carolinas' receiving a smaller part of the storm, you might think it might steady the market at least.

    It's plain. There's a lack of faith in trade to invest in the future.


  2. by Curt_Anderson on October 13, 2022 2:31 pm
    30,038.72
    +827.87 (2.83%)today


  3. by HatetheSwamp on October 13, 2022 2:35 pm

    Yeah!

    Inflation? It's a winning issue for the Dems!


  4. by Curt_Anderson on October 13, 2022 2:46 pm
    People may be telling that pollsters that the economy is a priority concern, but they are not saying that they believe the Republicans can or would improve things.

    Even OD says the president has very little influence over the economy. It's foolish to blame or credit a political party for the economy. The Saudis and Putin manipulating the oil supply and the war in the Ukraine matter more in at least the short term than whatever Washington politicians do.


  5. by HatetheSwamp on October 13, 2022 3:19 pm

    You know, Curt, that the Dems have the White House and both Houses of Congress.

    Low information voters and independents and moderates are going to blame the party in power, even if they don't trust the other party.

    They always have.


  6. by oldedude on October 13, 2022 9:31 pm
    "Even OD says the president has very little influence over the economy. It's foolish to blame or credit a political party for the economy. The Saudis and Putin manipulating the oil supply and the war in the Ukraine matter more in at least the short term than whatever Washington politicians do."
    That's a fukking LIE.

    I said the President has little direct effect on the stock market. But when the economy is nothing more than a wet turd, the stock market will follow. Please keep up AND QUIT LYING.


  7. by Curt_Anderson on October 13, 2022 9:34 pm
    OD,
    You wrote, "Although any president has very little direct influence with the stock market, the state of the economy..."


  8. by oldedude on October 14, 2022 11:46 am
    Exactly, but you chose to "forget" the rest of the statement. It's the trust in the economy that drives investments. If people don't have trust in a part of the economy, they won't invest in that. The president makes the decisions that drive the economy. pedojoe destroyed the jobs in several states because he was too stupid to understand we didn't have a fallback plan. People aren't investing except in futures. Why? because they know we'll be paying euro prices soon and they want to get to the ground floor of cheaper prices. The result? We're the little bitches of OPEC+. And pedo bending over for the Sauds on man-love thursday didn't do any good either. I'm sure they were happy to make him look like a complete fool in front of the world. Giddy perhaps.


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