Financial markets dived around 1:30 p.m. Eastern time, with losses for the S&P 500 nearly tripling in about half an hour. Similar downdrafts swept through other markets as investors pulled money out of riskier assets like stocks in favor more stable investments like bonds and gold.
Tensions have been simmering for a while about possible military action by Russia, and U.S. national security adviser Jake Sullivan said Friday that the U.S. did not have definitive information that Russian President Vladimir Putin had ordered an invasion. But he also said that"the threat is now immediate enough that prudence demands that it is the time to leave now" for Americans in the country.based at Fort Bragg, North Carolina, to Poland, according to a senior defense official.
For bonds, it's a sharp U-turn for yields after steadily marching higher on expectations that the Fed will raise rates more often and by a sharper degree this year than expected. Just a day earlier, the 10-year yield topped 2% for the first time since 2019. Much of the market's volatility in early 2022 has centered around events related to the Fed and inflation. Besides Thursday's report on inflation, other flashpoints included the release of the minutes of a Fed policy meeting that said it may reverse its bond-buying program earlier than expected.
Of course they would. Biden has severely messed up the investment market that they have invest in something more stable. Our 401k's have LOST all the money they made under Trump. Add inflation, supply chain & war looming, Only have to blame Biden & people who support him.
I AM THE LORD JESUS CHRIST YHWH.I DON'T WANT WAR IN THE WORLD,I DON'T WANT HUNGER IN THE WORLD, I DON'T WANT ANYONE DESTROYING THE EARTH AND THE LIVES OF ANIMALS,I WILL RELEASE ALL CURSES ON EVERYONE I WILL BURN EVERYTHING THAT HAS LIFE IF I DON'T STOP EVIL AM I SPEAKING GREEK?
The markets are not the economy. Canceling student debt, giving people w/young children a monthly stipend, taxing the wealthy, and paying workers a wage to put them above the poverty line are fixes for the economy. Rich people moving their money, hype.
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Bonds and gold Seriously Did someone just turn the time travel machine back to 1950? What’s next, the surgeon general saying smoking is good for you.
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