Stocks slide as gas prices hit all-time high



ABC News Chief Economics Correspondent Rebecca Jarvis discusses concerns the U.S. could be headed toward a recession as inflation soars.

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50 comments

  1. I thought they said it was going to happen in 3 months? Now it’s in the next 24 months. I’m sick of these so called experts.

  2. Everything always goes to hell under Democrats. Biden IS the problem!

  3. Hahah,stupid country

  4. I < must say that you are the most erudite and smart analyst your < perspective is refreshing. Stocks have fallen sharply for the year-to-date and in the past several weeks especially. The S&P 500 has tumbled 16% so far in 2022, and by a slightly more pronounced 16.6% from its recent record closing high from January 3. <The tech-heavy Nasdaq Composite has performed even more poorly, sinking 25% for the year-to-date and by about 27% from its recent record high from Nov. 19, 2021. <But even after these double-digit losses, stocks may still have further to decline before bottoming. I made a decision during the pandemic that I had to relitigate my entire portfolio. <There’s a pre-pandemic world and a post-pandemic world, and a post-pandemic world has a lot more government deficits, these boring times in the markets are what will make the clever investors rich we are already on shaky footing with historically low volume. This can only be based on opinion. <Meanwhile tradiing bitcoin options provide excellent opportunities for investors aiming to maximize gains while limiting their losses. Using multiple call(buy) options Burwell Coleman create a strategy capable of returns six times higher than the potential loss these can be used in bullish and bearish circumstances, depending on the investors expectations thanks to him I've earn 9' btc! in crypto tradng. <It’s conceivable the S&P 500 needs to establish a bottom in the 3,850 to 4,000 range. <Without recession in 2022, which is our base case, stocks can resume higher as equity investors discount cyclical recovery in an environment where monetary policy is no longer shepherding expensive growth and technology names at a multiple of sales

  5. Nice going Biden voters. You have helped to destroy this country.

  6. You people vote democrat don't get mad 😆

  7. Why do all news outlets refuse to recognize inflation when claiming 'all time high' gas prices? The highest was in 2008 at $4.11/gal, which would be $5.35/gal today after adjusted for inflation. Until gas hits a national average of $5.36/gal, then we have not hit an all-time high.

  8. I was told that the adults are back in charge. But All I’ve seen so far from this administration is severe incompetence.

  9. But none of it is Bidens fault.

  10. The media loves it when things go south. They get all the content they want

  11. You voted for this

  12. Stop whinig about gas prices people! You have 3 choices! Give up your taken for granted cars where you even HAVE a gas tank to gripe about which you take for granted, WALK for once in your lives, or use cabs, buses or Uber! You'll do none of those alternatives. Stop complaining! I had to givr up my car 12 years ago because I had NO money! But when I did drive for 22 years I always kept a $20 bilk. Obviously prices are more than I had to pay. But maybe if you stopped buying stupid stuff like cases of beer, your stupid gambling tickets, your $200 Smart phones you don't need that have one more bell and whistle and save some money for gas money!

  13. Raise the gas prices higher!

  14. I keep coming across and reading about people grabbing multi-digit income in investments every month, even with the dip right now and in these crazy days in the market, any pointers on how to make substantial progress in income? I would appreciate. The cost of living at this time is getting really high..??I really need good or should i just say the best ways to increase my finance!??

  15. Headline should be consequences of Bidens policies. I hate the media. I reaaally hate liberals and democrates. If you voted for Joe Biden fuuuuk you!

  16. Do you realise all our food & goods gets to market by Diesel power?? Diesel fuel post election Skyrocketed higher than gasoline. Be it cargo ship,, Train,,or trucking our goods move by diesel power. That said the personal automotive consumption of fossil fuel is a tiny % of the equation.

  17. I feel like people should go try a different gas station if the prices are to high at the gas station they were at already at and try to go find another gas station with lower prices.

  18. Thanks Joe Biden. It’s clear you don’t care about anyone but yourself. I know you laughed at us, I saw the clip. You think it’s funny that we are struggling to pay bills. I believe you hate your own people.

  19. Heading for a recession my A**, We are heading to a depression.

  20. GMAG = Greed Makes America Great

  21. Jimmy Carter all over again

  22. BIDEN LOVES ❤️ YOU HAHAHAHAHAH

  23. He’s a Coward he sends his wife Jill to Ukraine and won’t answer questions 😵‍💫

  24. Trump had us energy independent and on Bidens first day cut energy production killing American jobs and increasing energy decency on other countries. How stupid do you have to be to not understand this? Thanks idiots!

  25. 👍👍👍👍👍👍👍

  26. These gas prices are going to crush the economy.

  27. all I see is a huge dem loss in nov

  28. In less than two years the Democrats have destroyed America # fact

  29. Biden and his Socialist administration are destroying our Country, yet the mainstream media stays silent

  30. I remember when the climate change people were telling us that we were going in to freeze

  31. I was saving for that Electric Vehicle, that won’t happen now all my money is going to pay for gasoline… Saving disappearing fast .

  32. Vote the democrats out.

  33. FIRE BRANDON…….!!!!!!

    WORST PRESIDENT EVER…….!!!!!

  34. End of August 2022: National gas prices are $7 per gallon and stocks are lower than March 2020 levels.

  35. I appreciate a media, that kept telling us about green energy, killing our energy sectors, begging opec to pump more and taking to Venezuela.

    Appreciate media, using progressive social engineering narratives, and take no responsibility, but remind us is a non-chalan approach that you had no part in it, which directly didn't, but indirectly u did

  36. I just watched Biden on the Twilight Zone he’s still Lost😵‍💫😵‍💫😵‍💫😵‍💫

  37. You can thank the GREED of the gas and oil companies!

  38. Well, JUST ANOTHER FAILURE FROM JOE BIDEN….

  39. Biden. His administration. And the democrats are lying to the American people. Day after day. They have and continue to place America and it's people in dire situations. Dangerous situations. Wake up folks. These people are destroying America.
    Southern border = Failure
    Afghanistan = Failure
    Covid = Failure
    Energy independence = Failure
    Cost of gasoline = Failure
    Cost of food = Failure
    Cost of building materials = Failure
    Crime and public safety = Failure
    Safety and education of our children = Failure
    Transparency = Failure
    Unity = Failure
    Ukraine = Failure
    Biden/Harris. The Democrats = Failure

  40. Joe Biden is a fraud. Watch 2000 mules. Truth is power, without it you have nothing

  41. Ești un idol KIYOHARAA.Uno mereu în inima mea 💋 frumos, dragoste, alegere, cultural. Sunt unul dintrek cele mai bune concerte….

  42. Meanwhile, Congress hasn't done jack to address price gouging…

    This country needs an enema.

  43. You think Biden is incompetent now, just wait until November when he loses the House and Senate.

  44. “ I DID THIS… “. ———Joe Biden

  45. Crank up the Roe vs. Wade distraction to eleven!

  46. Every time a democrat gets in office this ridiculous crap happens and people keep voting for them .