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Stock Market Today: Dow Drops 500 Points; Nasdaq and S&P 500 Fall

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The Dow dropped more than 500 points after strong economic data caused concern that the Fed will be forced to raise rates more than anticipated

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THANKS JOE BIDEN FOR RUINING THE COUNTRY

This explains all the tweets from the prez regarding jobs and the economy.

Good is bad. Up is down.

Mira, the problem. Play w it and pay for it or slay it. STAGFLATION. VERY REAL. Do the Volker. Stop w the 'what should I do next'. Out of the panties. Into the drawers. 2 Bah Bah Biden.

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Dow Shines as Higher Rates Squeeze Nasdaq’s Tech StocksWith the market in tumult, boring old value stocks are beating risky growth stocks—meaning it is the Dow’s turn to shine In a market in tumult, it's the boring old value stocks that are beating the risky growth stocks. This just goes to show that sometimes the tried-and-true strategies can be the most effective in uncertain times. wall street journal : wallstreetjournal memes S&p up only down 10% y/y heading into recession S&p is on the moon Evaluations are sky high We are well above 20% up from pre pandemic s&p level Earnings is well worse than Jan 2020 Long long way down before we see real price discovery
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