Stocks are falling after this morning's inflation data came in hotter than expected, including a 2% drop in the Nasdaq Composite. The report shows consumer prices rose 3.1% in January from a year earlier. That was a cooldown from last month but more than the 2.9% increase economists polled by The Wall Street Journal expected. Core prices—which exclude food and energy items—rose 3.9%. That was also above the 3.7% increase economists expected. https://www.wsj.com/livecoverage/stock-market-today-cpi-report-inflation-02-13-2024
We’re cooked
I’m selling my house and car this month. I can’t take it anymore
Sure let me know, I can buy it from you.
Oh no it's only *checks notes* 1% off the all time high. People need to get a grip
Biden loves you
Real mass sell off is yet to come. We are almost there hitting this iceberg to crash this economy entirely.
Tech Industry
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Let's try this again...what do you do for a living? Rev2.0
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What’s the point of playing sports if you’re not gonna compete in the Olympics?
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Do Any Jews Recognize That Their Side Used Terrorism?
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Damning quotes from early Zionist leaders
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A lot of people here serve money and not God
It’s a cool down nevertheless
This is true
Economists always get it wrong Yet we’re just obsessed with how the actual data points comes out vs economist expectations See the big picture bro