Article

2022-07-20 Economy

Dow surges over 700 points as corporate earnings pour in

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Posted by Besoeker 2022-07-20 02:36|| || Front Page|| [12 views ] Top

#1 ....My 401k managed to struggle to its knees long enough to say 'thank you', then passed out again.

Mike

Posted by MikeKozlowski 2022-07-20 06:17|| 2022-07-20 06:17|| Front Page Top

#2
Shrinkflation of product sizes documented everywhere,

Price increases between 11 to 33% on top of Shrinkflation,

Gas / Diesel selling at 15% to 22% over the typical mark-up vs oil costs. In some states, 87 Octane is $3.55 a Gallon, while in others $6.00+

Regional generated inflated costs.

Media generated panic buying.

Yeah, I can see how Corporate America made $$$$$$

Posted by NN2N1 2022-07-20 07:48|| 2022-07-20 07:48|| Front Page Top

#3 The business shutdowns and job losses during COVID hysteria were market distortions. How could there not be knock-on effects afterwards (now)?

Posted by M. Murcek 2022-07-20 07:51|| 2022-07-20 07:51|| Front Page Top

#4 Dead cats still bounce

Posted by Cloluck Bourbon1058 2022-07-20 12:55|| 2022-07-20 12:55|| Front Page Top

#5 Today a friend told me his 401 lost $40,000 today.

Posted by Dale 2022-07-20 12:55|| 2022-07-20 12:55|| Front Page Top

#6 That's funny, Mike.
Sorry.

Posted by Skidmark 2022-07-20 15:12|| 2022-07-20 15:12|| Front Page Top

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