The Dow Jones is down more than 400 points as of early Tuesday afternoon after shockingly disappointing data on retail sales were released.
As CNBC reports:
Shoppers in the U.S. cut back their purchases in July even more than expected as worries over the delta variant of Covid-19 dampened activity and government stimulus dried up.
Retail sales for the month fell 1.1%, worse than the Dow Jones estimate of a 0.3% decline and below the upwardly revised 0.7% increase in June.
Excluding automobiles, sales declined 0.4%, according to Commerce Department figures released Tuesday.…
However, policymakers worry that unless Covid cases start to decline, the fall could see a slowdown in economic activity. Multiple Fed officials say that if the jobs numbers continue to improve over the next month or two, they will want to begin the tapering of monthly bond purchases before the end of the year.
It appears things are going from bad to worse for the Biden Administration this week.
my neighborβs aunt makes 62 every hour on the internet.. she has been without work for eight months but the previous month her revenue was 19022 only working on the laptop 5 hours a day.. check this β¦β¦ πππππππππ.ππ¨π¦
Kiss my ass and go away
FUCK OFF
F OFF. THIS ISN’T THE PLATFORM FOR JOBS
Hopefully Biden will have a heart attack and Harris killed in a car accident giving head..
LOL. She (Harris) enhanced her career prospects in a manner similar to your description. Numb Nuts will most likely be removed from office due to his declining mental faculties. He’s already got 1.62 feet in the grave, so he’ll kick the bucket once his rein has ended in disgrace.
I like you Max.
Or vice versa
Hmmmmmm, let me think! Can’t trust the media, can’t trust any of the politicians reports, we’ve been LIED to by Fraud, Fauci, POTUS, ahhhh hell, the list is too long for here, trust wall street prognosticators? Nawww. I’ll wairt this crap out to see what happens.
agree with the lied part but if it is bad news then probably it will be worse…just sayin
Market corrections occur in cycles. All one needs to know is when to buy or sell. These numbers are being exploited for political reasons, and we should take them with a grain of salt.
How the hell is Biden to blame for this. Every time there is bad economic news AAN says Biden or the Dems are to blame. Hello, people last month shopped less! Retail sales declined along with consumer confidence, but we added 1 million jobs and the unemployment rate dropped in the same month.
Our party is in trouble. We are now blamed of not reaching herd immunity, and allowing dangerous delta to spread. The non-vaccinated are 95% of those hospitalized and dying, and Republicans are four out of five of the unvaccinated. In my town masking required, not by government, but by store owners, and indoor entry is being denied more often. Indoor ticketed events are increasingly requiring βthe cardβ or proof of recent testing. Yes pogo said the enemy is us. Just get vaccinated so we can shop and entertain ourselves without the government telling us what to do.
I think the site your looking for bid en IS TO BLAME FOR THE DOWN FALL OF AMERICA AS WE KNOW IT!!!
America is headed in the wrong direction, but Biden is not entirely to blame. He’s a demagogue, and he’s looking more and more like a tyrant. Americans can end all of our political and social ills in one fell swoop, but that solution is considered by tyrants, and they will skillfully cultivate a reactionary proletariat, while they drive a wedge between our races, genders, weirdos and now illegal alien sectors in order to prevent the consensus that will spur our resolve to regain our freedoms, seal our borders and bring our soldiers home to guard our country. Americans need to look in the mirror if they wish to see who is passively allowing the ruination of our country.
That dumb ass is the blame for everything that he touches as he screws it all up
Market prices have very little to do with our government actions. They’re more of a thermometer to measure the health of a particular business sector. When blue chip stocks decline, there is a reason, but within that insular environment, rank and file investors will be kept in the dark about such causal factors. Like the housing market, bubbles grow then burst. Stocks are just a little more volatile.
I for one will not do what you need to do but you won’t be jabbing me
Mr. Fixer, the vaccine is unapproved and a great UNKNOWN. Its adverse effects are also being conveniently swept under the carpet. Ka-ching ka-ching ka-ching! Dr. Falsie and the Technocrats are getting filthy rich. So go take your own vaccine and a-b-c-…x-y-z booster shots and STFU.
true words there ..Look up graphene oxide..it’s 1 of the poisons within the poison
You are to blame for this ..The DemSoComms destroy everything they touch ..and y’all still wanna kiss their rings ..and their butts..admit the shit and help us right the wrongs
Aslong as the Governent and MSM pushes for more Covid Hysteria things will become worse n Blue states… as it should
BS ..look up graphene oxide it’s a poison that cause loss of cell functionality among other things ..it’s in your jab ..MD my butt
That might be a reason, but sseeing the US fall into oblivion jes might have to do with this drap and MANY more to follow – thanks bidentime for afghanistan – you IDIOT!!!!!!!!!!!!!
To me, the decline is not shocking – the elites (the Democrats included) refused to raise the federal minimum wage. so the working class are now serfs – who can’t buy anything. All of the elite blather about too many stimulus payments is just crap – the rich got 90% of the stimulus money.
The elite think that they are so clever – time for a Revolution – roll out the guillotines.
He’s been a disgrace to this Country his entire life. He’s done nothing in his life to show his love for this grand country and now he’s plundered us under Chinese lines. He’s a total disgrace and so is his entire family and the entire demoncratic party. God help us all.