The Dow plummeted on Tuesday after the latest inflation report showed prices rose 8.3% in August compared to a year ago, ABC News business reporter Alexis Christoforous reports. WATCH ABC News live stream here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP See more at http://abcnews.go. com/ LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews FOLLOW ABC News on TWITTER: https://twitter.com/abc #ABCNLUpdate #inflation #economy #stocks #consumerpriceindex
Original source (ABC/Youtube)
Folks playing roulette and the stock marcket is the table.
In my opinion, the go to remedy to weather this recession and high inflation is short-term trading, as opposed to long-term trading, most folks using these techniques are netting a ton of gains, sure the risks are higher but yet again isn't the current market equally as risky?
Not only CPI is high but also mortgage rates are high. The combination of high inflation and high mortgage rates will lead to a recession, and maybe a depression.
Nice content. To me trading the forex, stock and crypto market is way better than any online investment💯
I always look forward to your next update. The market cycle still hasn't met its balance, we keep going round in circles while waiting for that huge blow out on a huge support but in the meantime we could always ignore the market ups and downs and stay fully invested. Big thanks to Howard Dennis for helping me earn over 11btc by implementing his method and following his guide.
US economy will have a hard landing after September 22. Watch it. Next Thursday..!!
To achieve greatness, you need to start working towards it. Investing remains the smartest way to prepare for the unexpected. Been into this for 6yrs and I'm extremely pleased with the returns. The good news is – it's not too late start.
Thank a democrat, they are bragging about their spending bills which made this inflation worse!!
That means more QE to prop up the corpse, and more inflation. Rather than allowing for the necessary correction.
Everything is in shambles. My portfolio has greatly depreciated, and the volatility of the market seems to be very crazy these times! Surprisingly I just saw a related video on "how I made over 100K from the markets" Seems I am getting it all wrong.
Despite the economic downturn,I'm so happy. I have been earning $ 60,000 returns from my $7,000 investment every 13 day's.
The only difference between and a republican and Chicken 🐔 Little is that repubs are lying as usual because dems are in office. Clinton, Obama and Biden all had booming economies. Bush and Dump recessions and the laughing stock of the world. Biden was there when Obama helped us out of recession. They know how to keep economy strong. The only thing other than acts of nature or some other catastrophe that will stop it is a lying 🐔 Little Republican. We are not in a recession. Show me one where the stock market is close to all time highs and unemployment all time lows. That's the economy right???!!!! Don't drink the juice
businesses and corporations are making money and hiring. when they stop making money and laying people off is when you worry. When people start seeing people getting laid off they will stop buying houses. Until then nothing will keep them from the American dream. Sounds like the economy is not doing that bad. A few years back people were wondering if the market would ever reach 20,000 now we're over 30. If the market goes down a few thousand points is that a crash. No!!! Stocks are selling for more than they are worth. At some point people are going to take their profits.
Biden continues to accelerate the spending and printing of money to fight inflation. It will only make inflation worse
Building back better. Way to go Democrats
Joe: Bad news is good news! 🤔🥴😵💫🤒
Welcome to the dysfunctional fool and shameless pathological liar Joe Biden's new America misery, chaos, violence, and death.
LGB…FJB
Well at least they tried to deflect from the real reasons of inflation. The sheep should be satisfied.
I'm new to trading. How can I make more profitable investment in crypto without incurring much losses?
Worst since June2020, im wondering who was in charge back then? 🤔
Hell on earth folks