Build Back Better—Dow, S&P 500 and Nasdaq all in "correction" territory as inflation and geopolitical tensions flare

[Archetype XLIV]

Stocks rebound after Dow, S&P 500 and Nasdaq all enter "correction" territory

Markets tumbled in early trade amid mounting concerns about rising U.S. inflation and conflict between Russia and Ukraine.

www.cbsnews.com

I hope those who voted for this clown show are happy.

 

[Marshall Jeff]

Yep, as predicted

 

[raleighherdfan]

Stocks rebound after Dow, S&P 500 and Nasdaq all enter "correction" territory

Markets tumbled in early trade amid mounting concerns about rising U.S. inflation and conflict between Russia and Ukraine.

www.cbsnews.com

I hope those who voted for this clown show are happy.

They are. Everyone knows that the stock market selling off only hurts the rich.

 

[ThunderCat98]

They are. Everyone knows that the stock market selling off only hurts the rich.

Sadly there are those that post here that believe that.

 

[i am herdman]

Sadly there are those that post here that believe that.

Well it hurts me wanting to retire

 

[Raoul Duke MU]

Money is made when there is blood in the streets.

 

[Rock98Dog]

Money is made when there is blood in the streets.

Yes, by the very rich that have cash reserves on the sidelines. They come in and scoop up the working man’s 401k losses and add them to their bucket.

 

[MichiganHerd]

Well it hurts me wanting to retire

I'm down to 3 years. Retiring regardless of what the 401K looks like. Uncle Sam (or maybe Uncle Samantha by then) will send me a check. All I need is money for bills, weed, booze. My boys back home definitely don't have no 401K funds, and them assholes all living high on the hog, taking trips, and doing good. I figure they're selling weed though, and probably some pills. I can't do that, because I'm a lot like Kate, and don't want any interaction from a bunch of people. Just seeing the mailman once a day is too much. Now I have to deal with the Amazon packages too, with UPS and Fed-X stopping by.

 

[Kate Branson]

I'm surprised Biden gets so much blame right now for this. Trump started passing out the checks.

Really, it was George W. Bush who did the first stimulus. Obama kept it going. Trump could have stopped it, but he put it on steroids while he closed us down.

Now of course Biden's going to try to continue it. He was actually slower at passing out the checks and now is dumber about extending them. He could extend them if he would just take out environmental bullshit from Build Back Broke, but he won't. He's leaving it in. Manchin won't sign off on it.

Biden is really cutting down on the welfare. He could be the most conservative president of my lifetime if he keeps this up. All the other ones spent like drunken sailors.

 

[MichiganHerd]

Post didn't age well, lol, but damn, we're still doomed at some point.

 

[Archetype XLIV]

Post didn't age well, lol, but damn, we're still doomed at some point.

I believe.

 

[Raoul Duke MU]

Yes, by the very rich that have cash reserves on the sidelines. They come in and scoop up the working man’s 401k losses and add them to their bucket.

 

[Rock98Dog]

Fortunes are built on the misfortunes of others.