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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 04-27-2022, 06:26 AM   #1
Jim in CT
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Join Date: Jul 2008
Posts: 20,428
here comes the stock market correction

On top of all the other endless policy disasters of this administration, Biden is now presiding over a stock market correction. One of the very few positive things he could point to as a success was the stock market, and now that’s looking shaky.

The S&P500 is down more than 13% off it’s high, which is officially a correction, and it’s nowhere near done. We are barely in the first inning of the many interest rate hikes to come, which will slow things down considerably.

Remember the term for a recession combined with inflation? It’s called stagflation, they had to invent a term for it when Jimmy Carter was president. And this has all
the earmarks of stagflation 2.0.

Time to hold cash.

It’s all Elon Musks fault.

Last edited by Jim in CT; 04-27-2022 at 06:34 AM..
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