BIDENs ECONOMY IS DEAD AND CIRCLING THE DRAIN!! STOCK DOWN HUGE!!

[Elias373]

Huge losses in the stock market today

[frankdtank20]

Some correction after last week's terrible jobs report was inevitable this week. How long before another stimulus is being discussed?

[monty097]

Nasdaq dropping like a stone, rest of the market will follow.

Biden's economy.

[Darkius]

Nah, this is just the drop before the spike. You better buy in now, before it goes back up. lol.


My friend bought a bunch of dogecoin. I told him to sell. He said he set it to sell at 70 cents, and then changed it to 75 cents. He then waited. It peaked at 73 cents and then fell 30%. Who knows when or if he sold. My other friend was waiting for this kind of fall, with intent to buy when it falls below 40 cents. He thinks it will climb again because crypto is accepted now.


And for the 3rd time, Robinhood did not let the little people sell at the peak. No competition for the big guys to sell first. This time their excuse was a site glitch. Last time, their excuse was it would make the big guys insolvent. Either way, I will not use them if I can't buy or sell at critical moments. Other sites have trading fees.

[JIA]

Inflation while wages remain stagnant, the poor losing buying power, massive losses across the broad from tech stocks to crypto, this is only the beginning of things to come under Biden. Sad!

[tripod29]

bIdEn is absolutely clueless. Him and his handlers will run this economy straight into the ground. But most importantly, no more mean orange man tweets.

[chaunce54]

bIdEn is absolutely clueless. Him and his handlers will run this economy straight into the ground. But most importantly, no more mean orange man tweets.

This. I'd much rather be homeless and starving than to ever see another mean tweet from bad orange man.

[vickissick07]

Nah, this is just the drop before the spike. You better buy in now, before it goes back up. lol.


My friend bought a bunch of dogecoin. I told him to sell. He said he set it to sell at 70 cents, and then changed it to 75 cents. He then waited. It peaked at 73 cents and then fell 30%. Who knows when or if he sold. My other friend was waiting for this kind of fall, with intent to buy when it falls below 40 cents. He thinks it will climb again because crypto is accepted now.


And for the 3rd time, Robinhood did not let the little people sell at the peak. No competition for the big guys to sell first. This time their excuse was a site glitch. Last time, their excuse was it would make the big guys insolvent. Either way, I will not use them if I can't buy or sell at critical moments. Other sites have trading fees.

People from all sectors are finally starting to see that the entire system is rigged beyond belief.

[whogotmuhbeers]

This is only the beginning of this already FAILED corrupt administration.

We are in serious trouble.

[monty097]

Markets getting destroyed in pre-market trading again today, particularly tech.

The Biden crash has begun.

[Titansfan08]

Are you shocked at Biden's America?

[vickissick07]

Markets getting destroyed in pre-market trading again today, particularly tech.

The Biden crash has begun.

Markets are getting crushed because citadel is having to liquefy it's current holdings to cover their GME **** up. They're just delaying the inevitable.

[tripod29]

Along with Hunter, where is CuckFromRaleigh? Why isn't he commenting on this economy.

[MirinCanadian99]

Kinda off topic but I went shopping yesterday and wanted to get some vegetable oil for my mom. The thing costed 17$ just a few weeks ago and now it costs 35$. The governments of the world really fuarked us over with this whole lockdown bullchit. I hope the people who advocated for this bullchit feel the pinch as much as my family is.

[wickedman]

Get out while you can.

[jackamo2887]

Worst president in history

[sfgiants13]

Along with Hunter, where is CuckFromRaleigh? Why isn't he commenting on this economy.

He finally got banned

[ParsleyTea]

Inflation is taking off it appears. I'm sure that has the stock market spooked. I was reading earlier that two economic reports come out this week, one tomorrow and another on Thursday. That should be telling. Hope Biden's much more government stimulus spending does not happen as that would likely make inflation even worse.

https://www.billionairesportfolio.com/archives/7239

excerpt:

.....With the above in mind, the front page of the Wall Street Journal this morning reads "Shoppers Feel Bite As Prices Begin To Climb."


This comes following earnings calls from major food companies the past few weeks, all singing the same tune about rising prices.

And the operating performance discussed in these calls by food companies is not including the huge spike in prices we’ve seen just in the past 40 days (since the quarter close) …

Corn futures: up 41%
Wheat futures: up 20%
Beans: up 12%

Here's the way the CEO of Sysco (the world's largest food distributor) describes what he’s seeing …

"Certainly, the economy is becoming more inflationary. Basic economics are at play here. We have significantly increasing demand, unfortunately, simultaneous with some supply challenges that are pretty well-known out there in the food industry."

What's the impact? They are passing prices along to the customers. Customers are paying a higher ticket. And in this environment, they are not getting pushback, yet.

With all of this, there is inflation data on the agenda this week. The U.S. CPI is reported Wednesday. PPI is on Thursday.

This inflation data should quickly counter the narrative that has been created out of Friday's weak jobs report … the narrative that somehow the Fed is in a more comfortable position now, continuing with their pedal to the metal on emergency monetary policies.

As we discussed Friday, the weak jobs report is a clear outlier in the economic data, because it's not depicting waning economic activity, rather it's clearly demonstrating the destructive role that the government is playing in the labor market. The government is winning the competition (against employers) for labor, by paying them more to stay home, than they would make working.

[vickissick07]

Inflation is taking off it appears. I'm sure that has the stock market spooked. I was reading earlier that two economic reports come out this week, one tomorrow and another on Thursday. That should be telling. Hope Biden's much more government stimulus spending does not happen as that would likely make inflation even worse.

https://www.billionairesportfolio.com/archives/7239

excerpt:

.....With the above in mind, the front page of the Wall Street Journal this morning reads "Shoppers Feel Bite As Prices Begin To Climb."


This comes following earnings calls from major food companies the past few weeks, all singing the same tune about rising prices.

And the operating performance discussed in these calls by food companies is not including the huge spike in prices we’ve seen just in the past 40 days (since the quarter close) …

Corn futures: up 41%
Wheat futures: up 20%
Beans: up 12%

Here's the way the CEO of Sysco (the world's largest food distributor) describes what he’s seeing …

"Certainly, the economy is becoming more inflationary. Basic economics are at play here. We have significantly increasing demand, unfortunately, simultaneous with some supply challenges that are pretty well-known out there in the food industry."

What's the impact? They are passing prices along to the customers. Customers are paying a higher ticket. And in this environment, they are not getting pushback, yet.

With all of this, there is inflation data on the agenda this week. The U.S. CPI is reported Wednesday. PPI is on Thursday.

This inflation data should quickly counter the narrative that has been created out of Friday's weak jobs report … the narrative that somehow the Fed is in a more comfortable position now, continuing with their pedal to the metal on emergency monetary policies.

As we discussed Friday, the weak jobs report is a clear outlier in the economic data, because it's not depicting waning economic activity, rather it's clearly demonstrating the destructive role that the government is playing in the labor market. The government is winning the competition (against employers) for labor, by paying them more to stay home, than they would make working.

Everybody that has even the most basic understanding of economics saw this coming. Liberal leaders have destroyed the economy and they absolutely did it on purpose.

[JIA]

Bad economy and wars. Liberals can never run a country properly.

[MirinCanadian99]

Inflation is taking off it appears. I'm sure that has the stock market spooked. I was reading earlier that two economic reports come out this week, one tomorrow and another on Thursday. That should be telling. Hope Biden's much more government stimulus spending does not happen as that would likely make inflation even worse.

https://www.billionairesportfolio.com/archives/7239

excerpt:

.....With the above in mind, the front page of the Wall Street Journal this morning reads "Shoppers Feel Bite As Prices Begin To Climb."


This comes following earnings calls from major food companies the past few weeks, all singing the same tune about rising prices.

And the operating performance discussed in these calls by food companies is not including the huge spike in prices we’ve seen just in the past 40 days (since the quarter close) …

Corn futures: up 41%
Wheat futures: up 20%
Beans: up 12%

Here's the way the CEO of Sysco (the world's largest food distributor) describes what he’s seeing …

"Certainly, the economy is becoming more inflationary. Basic economics are at play here. We have significantly increasing demand, unfortunately, simultaneous with some supply challenges that are pretty well-known out there in the food industry."

What's the impact? They are passing prices along to the customers. Customers are paying a higher ticket. And in this environment, they are not getting pushback, yet.

With all of this, there is inflation data on the agenda this week. The U.S. CPI is reported Wednesday. PPI is on Thursday.

This inflation data should quickly counter the narrative that has been created out of Friday's weak jobs report … the narrative that somehow the Fed is in a more comfortable position now, continuing with their pedal to the metal on emergency monetary policies.

As we discussed Friday, the weak jobs report is a clear outlier in the economic data, because it's not depicting waning economic activity, rather it's clearly demonstrating the destructive role that the government is playing in the labor market. The government is winning the competition (against employers) for labor, by paying them more to stay home, than they would make working.

I remember seeing this channel on youtube, it was a left-wing news agency talking with so-called experts saying that we need not worry about inflation and how we can spend our way to success. Basically fooling us into thinking inflation wasn't a thing. The West is going down the rabbit hole of Zimbabwe real quick.

[frankdtank20]

Along with Hunter, where is CuckFromRaleigh? Why isn't he commenting on this economy.

Jimmy is clivesbigbiceps.
Same troll.

I see all the indexes are down almost 2%. Public is getting worried about inflation. Housing market has gone out of whack and a sudden gas shortage across most of the East Coast sure as hell doesn't help things. Time for Congress to pull back the date for when the free federal unemployment checks are going to end. September needs to be brought to July.

[monty097]

Jimmy is clivesbigbiceps.
Same troll.

He's also MMeadows11

[JonZ]

This is only the beginning of this already FAILED corrupt administration.

We are in serious trouble.

Wait until mushbrain bows out and the blowjob queen gets in there. Holy chit.