Stocks are a headed for a Big DropAfter Inflation Report

[Earl]

Stocks are headed for a big drop after hot inflation report, S&P 500 futures lost more than 2%
Jesse Pound
Carmen Reinicke

Stock futures dropped on Tuesday morning after an August inflation report came in hotter than expected.

Dow Jones Industrial Average futures sank 525 points, or about 1.6%. S&P 500 futures fell more than 2% and Nasdaq 100 futures slid 2.7%.

The August consumer price index report showed a higher-than-expected reading for inflation. Headline inflation rose 0.1% month over month, even with falling gas prices. Core inflation rose 0.6% month over month.

Economists surveyed by Dow Jones had been expecting a decline of 0.1% for overall inflation, with a rise of 0.3% for core inflation.

The report is one of the last the Fed will see ahead of their Sept. 20-21 meeting, where they’re expected to deliver their third consecutive 0.75 percentage point interest rate hike to tamp down inflation. The unexpectedly high August report could lead the Fed to continue its aggressive hikes longer than some investors anticipated.
https://www.cnbc.com/2022/09/12/stoc...n-report-.html

[Earl]

Biden’s out of control inflation continues.

He is harming hard working American citizens.

[Yakuda]

Stocks are headed for a big drop after hot inflation report, S&P 500 futures lost more than 2%
Jesse Pound
Carmen Reinicke

Stock futures dropped on Tuesday morning after an August inflation report came in hotter than expected.

Dow Jones Industrial Average futures sank 525 points, or about 1.6%. S&P 500 futures fell more than 2% and Nasdaq 100 futures slid 2.7%.

The August consumer price index report showed a higher-than-expected reading for inflation. Headline inflation rose 0.1% month over month, even with falling gas prices. Core inflation rose 0.6% month over month.

Economists surveyed by Dow Jones had been expecting a decline of 0.1% for overall inflation, with a rise of 0.3% for core inflation.

The report is one of the last the Fed will see ahead of their Sept. 20-21 meeting, where they’re expected to deliver their third consecutive 0.75 percentage point interest rate hike to tamp down inflation. The unexpectedly high August report could lead the Fed to continue its aggressive hikes longer than some investors anticipated.
https://www.cnbc.com/2022/09/12/stoc...n-report-.html

Brandons an imbecile elected by idiots

[Damocles]

Biden’s out of control inflation continues.

He is harming hard working American citizens.

Yeah, and doubles down on inflationary policy, pretending if he says it won't increase inflation it suddenly won't. Leftist idiots still champion just giving money out like printing more doesn't cause inflation they think it will help the "little people"... but in reality they just can't afford their groceries.

[Blackwater Lunchbreak]

Yeah, and doubles down on inflationary policy, pretending if he says it won't increase inflation it suddenly won't. Leftist idiots still champion just giving money out like printing more doesn't cause inflation they think it will help the "little people"... but in reality they just can't afford their groceries.

don't forget the rightists who love their bailouts and PPP virus loans!

[ziggy]

[McRocket]

So much for Bidenbots, claiming inflation was diminishing?


But lets make one thing clear?
Anyone who says this is entirely Biden's fault have NO IDEA what they are talking about.

Trump contributed plenty to this mess.
As did Obama and GWB.

But no one is more to blame than the Fed.
But most of you simply seem clueless about that.
Too many of you (and Americans in general) are still so ignorant that you actually think the government is running the economy.
It's the Fed.
Has been since 2008.
Even 2001 - to a point.
And this is the case in most, advanced countries.

This inflation has been coming for a LONG time.
But Covid-19 and it's RIDICULOUS lockdowns are what have brought it to the surface, now.

And you MAGAbots obviously forget that Trump did his normal Trump two-step.
He comes out against something...but does little to stop it.
Like claiming he would pull out of Syria...TWICE.
And then changing his fucking mind...twice.

Sure, he said he was against lockdowns.
But he did dick all to stop them.
Even encouraging them, sometimes.
https://www.nbcnews.com/politics/don...eopen-n1190061
https://www.thesun.co.uk/news/112345...lapse-economy/

Trump should have taken EVERY state and city to court that locked down for violating the First and Fourteenth Amendments of the Constitution.
But 'no'.
He didn't have either the 'balls' or the brains to do so.

Trump was in charge during most of the Covid Depression.
Save your excuses MAGA's...that is a fact.

Yes, Biden has been TERRIBLE for inflation.
Awful.
But it is far, FAR from only his fault.
GWB, Obama, Trump AND Biden are ALL to blame.
But NO ONE is more guilty of starting this mess than the Fed.

And until you macroeconomic ignoramuses get that through your heads?
Things will never change for the better...fundamentally.


And save your bullshit, ignorant excuses for your heroes Biden/Trump.
I will not waste my time reading them.
Just hit the 'Groan' button and move on.

The average American talking about economics has less truth and knowledge in it.
Than a cow passing a plate of beans through it's digestive system.

[Trumpet]

Stocks are headed for a big drop after hot inflation report, S&P 500 futures lost more than 2%
Jesse Pound
Carmen Reinicke

Stock futures dropped on Tuesday morning after an August inflation report came in hotter than expected.

Dow Jones Industrial Average futures sank 525 points, or about 1.6%. S&P 500 futures fell more than 2% and Nasdaq 100 futures slid 2.7%.

The August consumer price index report showed a higher-than-expected reading for inflation. Headline inflation rose 0.1% month over month, even with falling gas prices. Core inflation rose 0.6% month over month.

Economists surveyed by Dow Jones had been expecting a decline of 0.1% for overall inflation, with a rise of 0.3% for core inflation.

The report is one of the last the Fed will see ahead of their Sept. 20-21 meeting, where they’re expected to deliver their third consecutive 0.75 percentage point interest rate hike to tamp down inflation. The unexpectedly high August report could lead the Fed to continue its aggressive hikes longer than some investors anticipated.
https://www.cnbc.com/2022/09/12/stoc...n-report-.html

Earl, the stock market is always going up and down, that's just the nature of the beast.

[Earl]

Earl, the stock market is always going up and down, that's just the nature of the beast.

Trumper, within 2 or 3 minutes of the release of the August inflation report showing inflation increasing, the Stock Market went to 500 plus points down.

It's now at nearly 900 points down.

The market has no confidence in Biden's economy.

I know it and you know it.

[Theywillneverlearn!]

Stocks are headed for a big drop after hot inflation report, S&P 500 futures lost more than 2%
Jesse Pound
Carmen Reinicke

Stock futures dropped on Tuesday morning after an August inflation report came in hotter than expected.

Dow Jones Industrial Average futures sank 525 points, or about 1.6%. S&P 500 futures fell more than 2% and Nasdaq 100 futures slid 2.7%.

The August consumer price index report showed a higher-than-expected reading for inflation. Headline inflation rose 0.1% month over month, even with falling gas prices. Core inflation rose 0.6% month over month.

Economists surveyed by Dow Jones had been expecting a decline of 0.1% for overall inflation, with a rise of 0.3% for core inflation.

The report is one of the last the Fed will see ahead of their Sept. 20-21 meeting, where they’re expected to deliver their third consecutive 0.75 percentage point interest rate hike to tamp down inflation. The unexpectedly high August report could lead the Fed to continue its aggressive hikes longer than some investors anticipated.
https://www.cnbc.com/2022/09/12/stoc...n-report-.html

Not any that Congress can invest in.......

[Concart]

Yeah, and doubles down on inflationary policy, pretending if he says it won't increase inflation it suddenly won't. Leftist idiots still champion just giving money out like printing more doesn't cause inflation they think it will help the "little people"... but in reality they just can't afford their groceries.

Because... Biden.

LOL at you. Biden doesn't control gas prices, supply chains, or rent. The US economy continues to be incredibly strong. While prices are not coming down as fast as everyone would like them to, we are still in far better shape than Europe. The inflation reduction act is FULLY PAID FOR and yet you come here claiming, completely ignorantly, that we are 'printing money'. All you seem capable of at this point is just parrotihng every single right wing meme.

Republicans have totally overplayed their hand. This is just another example. A giant 'We hate Biden' circle jerk that is completely and utterly detached from economic reality. It's sublime. Not one of you has a clue about economics. Enjoy November. You've gone from up three touchdowns to up by a field goal and losing momentum.

When the year over year number is LOWER than last months, do you even know what that means? I'll give you a clue. It means PRICES ARE DROPPING. Just not as fast as we'd like them to.

[Earl]

So much for Bidenbots, claiming inflation was diminishing?


But lets make one thing clear?
Anyone who says this is entirely Biden's fault have NO IDEA what they are talking about.

Trump contributed plenty to this mess.
As did Obama and GWB.

But no one is more to blame than the Fed.
But most of you simply seem clueless about that.
Too many of you (and Americans in general) are still so ignorant that you actually think the government is running the economy.
It's the Fed.
Has been since 2008.
Even 2001 - to a point.
And this is the case in most, advanced countries.

This inflation has been coming for a LONG time.
But Covid-19 and it's RIDICULOUS lockdowns are what have brought it to the surface, now.

And you MAGAbots obviously forget that Trump did his normal Trump two-step.
He comes out against something...but does little to stop it.
Like claiming he would pull out of Syria...TWICE.
And then changing his fucking mind...twice.

Sure, he said he was against lockdowns.
But he did dick all to stop them.
Even encouraging them, sometimes.
https://www.nbcnews.com/politics/don...eopen-n1190061
https://www.thesun.co.uk/news/112345...lapse-economy/

Trump should have taken EVERY state and city to court that locked down for violating the First and Fourteenth Amendments of the Constitution.
But 'no'.
He didn't have either the 'balls' or the brains to do so.

Trump was in charge during most of the Covid Depression.
Save your excuses MAGA's...that is a fact.

Yes, Biden has been TERRIBLE for inflation.
Awful.
But it is far, FAR from only his fault.
GWB, Obama, Trump AND Biden are ALL to blame.
But NO ONE is more guilty of starting this mess than the Fed.

And until you macroeconomic ignoramuses get that through your heads?
Things will never change for the better...fundamentally.


And save your bullshit, ignorant excuses for your heroes Biden/Trump.
I will not waste my time reading them.
Just hit the 'Groan' button and move on.

The average American talking about economics has less truth and knowledge in it.
Than a cow passing a plate of beans through it's digestive system.

The inflation rate in Dec., 2020 was 1.6.

The inflation rate for Aug., 2022 is 8.3.

You have no clue.

[zymurgy]

The Fed once had the balls to raise interest rates to 20% to combat inflation

[Theywillneverlearn!]

Because... Biden.

LOL at you. Biden doesn't control gas prices, supply chains, or rent. The US economy continues to be incredibly strong. While prices are not coming down as fast as everyone would like them to, we are still in far better shape than Europe. The inflation reduction act is FULLY PAID FOR and yet you come here claiming, completely ignorantly, that we are 'printing money'. All you seem capable of at this point is just parrotihng every single right wing meme.

Republicans have totally overplayed their hand. This is just another example. A giant 'We hate Biden' circle jerk that is completely and utterly detached from economic reality. It's sublime. Not one of you has a clue about economics. Enjoy November. You've gone from up three touchdowns to up by a field goal and losing momentum.

When the year over year number is LOWER than last months, do you even know what that means? I'll give you a clue. It means PRICES ARE DROPPING. Just not as fast as we'd like them to.

He does through his executive orders which result in increases in all of that. Not to mention a runaway spending democrat congress. STFU idiot.

[Concart]

THE STOCK MARKET IS NOT THE ECONOMY. The markets always overreact. If you are an investor, times like these are huge opportunities. But all you care about is looking for any bad news and celebrating it. Why do Republicans HATE America? It's a fair question.