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Stock market today: Dow extends losses as tech struggles to escape Fed rate fears

  
AuthorYasin EbrahimStock Markets
Published Dec 19, 2022 04:08PM ET

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Ac Tektrader
Ac Tektrader Dec 19, 2022 4:34PM ET
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another day trying to clean up the economic mess left by the Trump Administration......
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Matthew Petyk
Matthew Petyk Dec 19, 2022 4:34PM ET
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.. actually Ac, you should take your own advice. your ignorance of history and economics is embarrassing.
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Kris Jay
Kris Jay Dec 19, 2022 4:34PM ET
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Ac Tektrader  the history is that DEMs have been in the WH and controlled Congress, Congress, the body which approves spending, 12 of the last 16 years.  Despite that, We had a decent economy, coming out of Covid up until Jan 2021.   Once again Putin saw opportunity, a weak WH like he did in 2014 and moved to take Ukraine under the same leadership.   It would have been cheaper to have kept Putin in check like we did 2016-2020.   Realizing his weakness, Biden Administration pushed Congress to fund more and more of the UKraine war.   With USA no longer a net exporter of Energy starting Jan 21, 2021,  Biden needed to prop up markets and economy.   Yellin/Buttigrieg pushed the narrative that inflation was transitory claiming "robust Biden economy" and that kept Fed rates far too low for too long.   Massive spending give-aways, to buy votes has put us in this position.
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Kris Jay
Kris Jay Dec 19, 2022 4:34PM ET
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Ac Tektrader  $30T now in debt,  not from Trump.  he did spend money for Operation Warpspeed.  the rest of the PPP forgiveness, student forgiveness, healthcare.gov etc are all created under a DEM WH and DEM congress.
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Kris Jay
Kris Jay Dec 19, 2022 4:34PM ET
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compounding the problem is Biden Whitehouse insiders, DEMs like you, who have fudged the numbers of jobs created in 2022 in order to prop up politiicians, especailly prior to mid terms. If you search "Philly Fed jobs revision" you will find that Mar-Jun numbers were fudged by BLS.  there were not 1.2M jobs created but just 10,500.  those kind of number rigging has hurt the economy.  So when you have analyzed 10% of what i have, you can speak up.  back to your stool at Twin Peaks and the boys on Castro street "In the aggregate, 10,500 net new jobs were added during the period rather than the 1,121,500 jobs estimated by the sum of the states; the U.S."
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Jay Garrelts
Jay Garrelts Dec 19, 2022 4:34PM ET
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Kris Jay Trump created more money in two months than since the signing of the constitution
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