The American economy continues to be under attack.... A pandemic causing shutdowns in production and buying..... A slowdown in manufacturing also.... Business resuming with price increases to try to get back profits.... Changes in work habits for … [Read more...] about Folks?….A Recession IS starting already…..
With the support for middle and lower class American's dried up in what some think is the 'Post Covid' world? Spending IS dropping while retailers seem to continue to try and claw back lost profits from consumers .... Americans at the low end of the income rung are once again … [Read more...] about US Inflation…Rich Get Richer…The Poor Cut Back….
The American President has a lead political ball attached to his ankle... The Economy..... He and his ahndlers seem to be getting ready to make a last hard push to get some better numbers for him and the party lawmakers across the country who are scared shitlless that medi … [Read more...] about Biden lists 3 things he’ll do to fight Inflation…..
1,164 points today..... 3.6% of the Market value.... Inflationary price increases are forcing consumers to spend less money.... Big store retailers are seeing drops in sales.... Suppliers' efforts to get back profits form pandemic months and energy costs seems to be … [Read more...] about The Stock Market ‘s bottom falls out….AGAIN….
Across the United States the average price for a gallon of gas is $4.52.... American's see this everyday when they hear about the 'Good' economy... Severin Borenstein, an economics professor at the University of California at Berkeley whose research focuses on energy … [Read more...] about Gas prices above $4 across the country….
The 'Market' gambler's are being beatdown by an American Economny that is doing two things at once? Inflation and ac coming Recession.... Everywhere they look, stock investors see trouble ahead. Runaway inflation, and the interest rate increases meant to contain it, will … [Read more...] about Wall Street is having a bad year so far….
Stocks fell Tuesday as a steep decline in technology stocks deepened Wall Street’s losses after a brutal start to 2022. The Dow Jones Industrial Average closed with a loss of 809 points Tuesday, falling 2.4 percent. The Nasdaq composite closed with a loss of 4 percent and the … [Read more...] about Stock Market takes a hit on inflation/recession jitters…..
People ain't happy.... They are taking out on President Biden and some Democrats.... Inflation.... The Economy! An inflation gauge that is closely monitored by the Federal Reserve jumped 6.4% in February compared with a year ago, with sharply higher prices for food, … [Read more...] about We Repeat….Gas and Food prices have sky rocketed!…..