Biden And Democrats Cripple The Stock Market
This is not good.
It has now been learned that on Wednesday, Dow futures dropped by 350 points in a pullback for stocks worldwide as investors have a very heavy fear that a recession is about to take place.
According to Business Insider, Futures on the Dow Jones Industrial Average were 343 points, or 1.12%. Furthermore, futures on the S&P 500 dropped by 1.33% and the Nasdaq dropped similarly by 1.56%
Oanda senior market analyst Jeffrey Halley explained, “It seems that markets just can’t shake off fears of intensive central bank tightening and recession nerves.”
President Biden and Democrat lawmakers have caused these issues due to a number of decision that played out negatively for the American people. Experts warned that mass spending would spark inflation and sadly it did. Furthermore, Biden has not succeeded to lower gas prices and it appears they don’t have a plan in place.
