Posted on 06/13/2022 1:29:43 PM PDT by Browns Ultra Fan
Not nibbling on baby formula, watching gasoline prices soar. Wasting away again in Biden/Powellville.
It was closing hell for a terrible day in markets as investors struggle to process the dreadful and seemingly endless inflation report on Friday.
What happened today? The NASDAQ tanked -4.58% and the 10-year Treasury yield jumped 22.2 basis points. Gulp.
The 22.2 bps jump in the 10-year Treasury yield has led to Agency MBS prices pulling a Titanic and sank.
Somehow, I don’t think that Biden and Congress are going to help the middle class and low-wage workers.
(Excerpt) Read more at confoundedinterest.net ...
The Dow is going under 30k a lot faster than I thought it would. I was thinking by Labor Day. Hell, it might not make it until July 4th.
As many here say, myself included, “stolen elections have consequences.” The Trump haters were so consumed on cheating him out of a second term that they unleashed the worst people to ever try and run the government. I don’t know that the nation will survive this betrayal of the electorate.
We need the economy to collapse and to especially hit Dem voters.
Maybe they’ll wake up. Finally.
Welcome to PRIDE Month!
No surprise to me. All bubbles burst sooner or later.
Who was a bigger Trump hater than China? They must be lovin this.
“Maybe they’ll wake up. Finally.”
Not likely. They’ll ramp up the blame game.
Okay. Where’s my inflation check? I can’t pay my power bill, the government better do something./s
Crypto crashed.
Trading was halted on some of them.
Bitcoin down to $23,400
These markets are at least 50% overvalued when one considers what awaits us.
And that includes housing.
Only a true Rat could crash the economy, throw the electorate into economic survival mode, then coax their votes to help them through the economic storm. . . The Rats will try it . . . you just watch. . . . They did it already with COVID.
Wrong. Democrats are 100% opposed to MSGA.
RINOs (assistant Democrats as some call them) have backed some MAGA agenda. Always aim for some wins instead of zero wins. But low IQ people can not comprehend this concept.
I guess they’ll just keep shorting the metals with paper until there is no supply
China has their own economic issues to worry about.
Rats will gladly vomit Harakiri for their Green God.
The proverbial fat lady has already sung.
Crypto reminds of Tulips.
I suppose we could arrange to steal their elections, if they had any.
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