Major U.S. stock indexes ended sharply lower on Monday as U.S. recession fears gripped global markets, while Apple shares dropped as Berkshire Hathaway cut its stake in the company nearly in half.
Caroline Valetkevitch for Reuters:
The recession concerns followed weak economic data last week, including Friday’s soft U.S. payrolls report.
Shares of Apple fell after Berkshire Hathaway halved its stake in the iPhone maker. Billionaire investor Warren Buffett also let cash at Berkshire soar to $277 billion.
Nvidia, Microsoft, and Alphabet also slid, while the Cboe Volatility index, Wall Street’s “fear gauge,” rose sharply…
U.S. Treasury yields tumbled to their lowest level in a year and a closely watched gap between two- and 10-year Treasury notes turned positive for the first time since July 2022, usually indicating the economy is heading into a downturn.
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MacDailyNews Take: The pendulum swings.
For new generations, sometimes tough lessons have to be retaught and learned the hard way. As we go through this, remember: It’s always darkest before the dawn. – MacDailyNews, July 14, 2022
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Thanks libturds! You are too stupid to know the damage you have done!
The chickens from the current Biden/Harris $35.5 Trillion dollar total deficit are coming home to roost. All that money they’ve wasted should have been available for individuals and businesses to invest and then supply the needs and desires of American citizens. Now it appears that we’ll have not only the recent inflation but probably a nasty recession as well. And an extra war may be closer too.
You are following an idiot Trumpturd! Time to wake up!
The depth of libturd stupidity is staggering
Remember how much better this country was when people as stupid as Joe any the other libturds were locked up in mental institutions?
Joe, know how average libturd is? Half of them are dumber that that by definition
You are definitely in the lower half
Joe, know how stupid the average libturd is? Half of them are dumber that that by definition
You are definitely in the lower half
Don’t insult our intelligence. Trump’s tax cut for billionaires blew up the deficit. Infact, deficits have gone up with every Republican president since Reagan, and down with every Democrat.
Eric,
Can’t insult your intelligence since you don’t have any.
Libturd stupidity has caused:
-Lying, corrupt, racist, pedophile, dementia patient and whore installed in the White House
–complete unquailed VP who is unable to form a single sentence
-two completely unqualified judges on the Supreme Court place there because of their race and sex instead of qualifications.
-Burning cities
-Occupy movement
-Doubled gas prices
-Gas pipeline shut down
-US emergency oil stockpiles drop to lowest level since 1983
-Unaffordable healthcare insurance
-Legalization of marijuana
-Baby killing
-Wants to ban gas stoves to save children but has no problem killing unborn children
-Destroyed economy
-Crashed stock market
-Upcoming recession
-Highest inflation in 40 years
-Weaponized IRS
-Destroyed school system
-Open border crisis
-Illegal aliens getting drivers licenses
-Illegal aliens getting free medical insurance
-Illegal aliens getting tax-payer money
– National Guard pay delayed after congress celebrates itself for spending $1.7 Trillion
-Trading a useless, athlete for a notorious arms dealer (Merchant of Death), while leaving behind a USMC veteran, because she is an anti-American, black lezbo.
-Releasing a notorious arms dealer (Merchant of Death) while trying to deprive Americans the right to defend themselves with gun control so we can protect ourselves from violent libturds
-Red flag laws
-Voter fraud enabling
-No voter ID
-Illegals allow to vote
-Illegals given drivers licenses
-Labeling all non-libturds as domestic terrorists
-Labeling all non-libturds as racist
-“Extremists” used to be real terrorists, now it people who want to secure the border or keep pornography out of elementary schools
-Electric car mandates during electric crisis
-Woke bullshit
-“Identify as” bullshit
-“Inclusion” but only what libturds want to include
-Kneeling for National Anthem
-Woke hirings preferred over actual competence
-Obese, mentally ill person installed as head of health
-Mentally ill, genderfluid ‘puppy’ thief installed at Department of Energy
-Jill Biden gives biological male “Women of Courage” award
-320 genders
-It/that, them/they, and WTF pronouns
-Misgendering bullshit
-Epstein client list hidden
-Russia collusion bullshit
-Destruction of free speech
-Transgender perversion forced on children
-Drag queen story hours
-Boys in the girls’ bathrooms.
-Tampon dispensers in the men’s room
-Boys in girls’ sports
-Mentally ill man pretending to be a woman on a beer can
-Mentally ill man being a model for women’s underwear-
-Cancel culture in the name of “tolerance”
-Not OK for a child to pretend to be an Indian for a game, but OK for a man to pretend to be a woman in real life
-Men can get pregnant
-Record underemployment
-Defund police
-Soft on crime policies
-Zero bail laws
-Record high crime
-Obese, ugly men winning female beauty pageants
-Food shortages
-Corruption of Legislators
-Corruption of Judges
-Corrupt FBI
-Corrupt CIA
-Corrupt media
-Corrupt social media
-Acceptance of Socialism and rejection of Capitalism
-Election and reelection of incredibly stupid, mentally unfit politicians: AOC, racist Omar, We have to pass it to find out what in it, Pelosi, Guam will tip over Hank Johnson, brain damaged Fetterman, Dementia Joe—just to name a few.
-Ukraine gets: $200 billion, Congress gets: 41% pay increase, Taliban gets: $85 billion, Iran gets: $200 billion, American get: $7 eggs, $4 gas, 50% increase on electricity, free crack pipes, open
borders, fentanyl crisis, toxic spills
-Support of Hamas and Palestinian terrorists
-Banned straws but handed out drug needles
-Labeled law-abiding gun groups as terrorists but allowed Antifa to riot
-Left veteran homeless, but gave free housing to illegals
-Prosecuted misgendering but let illegals get away with murder
-The list goes on and on and on and on and on and on and on and on and on and…
And you are so fscking stupid that you think you are the smart ones!
You want to start a revolution, but you can’t even start a lawnmower.
The next civil war will be fought between Americans and libturds. One side has 300 million firearms and trillions of rounds of ammunition, the other has strap-on dildos and toilet plungers.
See…loons like Sam, a member of WHA! -WeHateAmerica, are the reason nobody comes here anymore