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Biden economy firing on all cylinders: Dow enters bear market effectively erasing all stock market gains since Biden took office
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Sep 28, 2022 12:03:02   #
Radiance3
 
permafrost wrote:
It should be very obvious even to the most casual observer that the market was overvalued for a long time.. adjustments should have been done well in the past.. You want to blaime?? How about the orange fool who refused to let the FED raise rates back a few years. Instead he demanded they be kept low in order to drive the market higher and be dammed with negatives affects.. a high market being the only think that his mind could label as good.. never able to see down the road and do anything to stabilize the economy or even a golf game for that matter..

The pity is that the fed at that time had no balls to do as they declared was needed and instead followed the fool in the oval..

The market hurt you??? Aww so darn bad..
It should be very obvious even to the most casual ... (show quote)

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Here is your favorite president Barack Obama.

A picture is worth a thousand words.

Attached file:
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Sep 28, 2022 12:18:01   #
FallenOak Loc: St George Utah
 
permafrost wrote:
It should be very obvious even to the most casual observer that the market was overvalued for a long time.. adjustments should have been done well in the past.. You want to blaime?? How about the orange fool who refused to let the FED raise rates back a few years. Instead he demanded they be kept low in order to drive the market higher and be dammed with negatives affects.. a high market being the only think that his mind could label as good.. never able to see down the road and do anything to stabilize the economy or even a golf game for that matter..

The pity is that the fed at that time had no balls to do as they declared was needed and instead followed the fool in the oval..

The market hurt you??? Aww so darn bad..
It should be very obvious even to the most casual ... (show quote)


A photo from the local Drive-In showing an evening from our dim past?

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Sep 28, 2022 12:26:11   #
American Vet
 
permafrost wrote:
The only thing you seem to be able to repeat is the night dreams you wish were real..


Here you go, PermaDummy; you can dream about this:

biden's accomplishments

Unprecedented inflation rates (just “temporary”)
Southern border crisis – flooded with i*****l a***ns and f******l
Sending billions to Iran
Afghan debacle – leaving American allies and equipment to the Taliban
Return to energy dependence – having to beg the Saudi’s to produce more
Sending our oil reserves to China
Crime surge
War on parents
Crazy l*****t policies (“birthing people”)
Pathetic foreign policy – weapons sent to Ukraine ending up on the black market
Wanted to have a “Ministry of T***h”

CLPOS

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Sep 28, 2022 12:52:47   #
AmericanEagle Loc: Indiana
 
Liberty Tree wrote:
According to you Biden has no control over anything, so why is he President? Oh, I forget. He only controls the good. All the bad is someone else's fault.


Wow! U understand the Dumbs playbook🥴 Sadly true👎🏻

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Sep 28, 2022 13:48:17   #
permafrost Loc: Minnesota
 
FallenOak wrote:
A photo from the local Drive-In showing an evening from our dim past?


LOL, I found it amusing.. and yet was so much fun... In all of Minnesota, I think the last drive in closed after a very short surge account of c***d isolation.. now all gone.. I think..

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Sep 28, 2022 18:30:26   #
Catfish 1
 
Brain washed demo

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Sep 28, 2022 19:28:48   #
judyhanes
 
keepuphope wrote:
Lricher.Losing not flossing....stupid spell check.


I must admit though, "flossing" brought an interesting picture to mind.

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Sep 28, 2022 19:30:12   #
EmilyD
 
JFlorio wrote:
They’ll lie and blame others, but it’s what they want.

They will say Trump did this - two years ago. 😂

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Sep 28, 2022 19:31:27   #
judyhanes
 
keepuphope wrote:
Lricher.Losing not flossing....stupid spell check.

Reply
Sep 28, 2022 19:32:22   #
judyhanes
 
You have to admit though, "flossing" presents quite a visual, ha ha.

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Sep 28, 2022 19:38:00   #
keepuphope Loc: Idaho
 
judyhanes wrote:
You have to admit though, "flossing" presents quite a visual, ha ha.


Are you new? If so welcome...yes I had to go back and see what I wrote. Flossing actually describes what they are probubly doing because unless they feel the pinch in a major way they won't do anything for the rest of us.

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Sep 28, 2022 20:16:15   #
Ricktloml
 
judyhanes wrote:
You have to admit though, "flossing" presents quite a visual, ha ha.


Welcome judyhanes. Use your "quote reply" button so we all know who you are responding to. And flossing does present quite a visual.

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Sep 29, 2022 17:31:27   #
Radiance3
 
Parky60 wrote:
The Dow Jones Industrial Average officially entered bear market territory on Monday, following a precipitous drop.

The key metric fell 329.60 points on Monday, marking a 1.11% decline, placing the index in bear market territory, per MarketWatch. A bear market is traditionally defined as a 20% decline from a recent high.

On Friday, the Dow Jones plunged below 30,000, effectively erasing all of the stock market's gains since President Joe Biden took office.

The S&P 500 also reached a low point for the year 2022, dropping 1.03% to 3,655.04, while the third major index, the Nasdaq Composite, dropped 0.6% to 10,802.92.

A major index officially plunging into a bear market adds pressure on the Biden administration, which has sought to redefine the formal definition of an economic recession following consecutive quarters of economic decline, the traditional benchmark.
The Dow Jones Industrial Average officially entere... (show quote)

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Equities sharply lower again today, continue to the drain hole. Dow shed 375 pts. Nasdaq lost 2.6%, S& P 500 1.8%. The Federal Reserve promised that the Central Bank will not back down from additional rate hikes in the coming months. This will grossly drain our funds. I've lost lots already . Retirement on 403b, Stocks, Deferred compensation plans. I am sure people's 401k's, had almost 40%, sunk to the drain hole.

Yet these democrat women despite of that condition, they still prefer democrats v****g to protect their a******n rites which is # 1 priority. Saying it is their body.

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Sep 30, 2022 20:54:28   #
microphor Loc: Home is TN
 
permafrost wrote:
It should be very obvious even to the most casual observer that the market was overvalued for a long time.. adjustments should have been done well in the past.. You want to blaime?? How about the orange fool who refused to let the FED raise rates back a few years. Instead he demanded they be kept low in order to drive the market higher and be dammed with negatives affects.. a high market being the only think that his mind could label as good.. never able to see down the road and do anything to stabilize the economy or even a golf game for that matter..

The pity is that the fed at that time had no balls to do as they declared was needed and instead followed the fool in the oval..

The market hurt you??? Aww so darn bad..
It should be very obvious even to the most casual ... (show quote)


ahahahahahaha, blame Trump! So when's Joe going to fix it, so far he's just F**ked $hit up royally!

Reply
Sep 30, 2022 22:50:51   #
permafrost Loc: Minnesota
 
microphor wrote:
ahahahahahaha, blame Trump! So when's Joe going to fix it, so far he's just F**ked $hit up royally!


Are you truly so obtuse??? it was years in the making and will be long in the fixing.. but it is being done.. you apparently can not see that, but try hard to believe your own eyes rather then the orange colored misinformation fed to you each day..

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