Wall Street In Turmoil Amid Rising Inflation, Recession Fears

Nervous investors are keeping a close eye on Wall Street following the major U.S. stock market tumble this week where the Dow dropped 800 points. The dive is driven in part by a Tesla stock slump that occurred this week after its CEO Elon Musk purchased Twitter for $44 billion as well as rising inflation. NBC’s Hallie Jackson reports for TODAY.

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#Inflation #Tesla #Recession

[mm]

Wall Street people are so emotional 🙄 What a system

[Bryan-tfii]

In the last 30 months gas in my area has went up 40-45%. Wages stagnant. Food and housing increasing.

[JohnDoe-fbuk]

EVERYBODY is reaping EXACTLY what they sowed. ZERO EXCEPTIONS. ZERO EMPATHY.

[jameswood]

real estate or the stock market which is the best investment?

[bannedtwice]

Good thing y'all "fortified" that election....

[Dercho]

It's not that bad if you have 4-6 months of savings. I feel like a spectator.

[yxzlkhh]

As of this month February the FED is still printing money by quantitative easing.

[drunkenoctopus]

The moral of the story is that politicians invariably respond to crises -- that, in most cases, they created -- by spewing out new, mindless government programs, laws and regulations. These, in turn, generate more havoc and poverty, which inspires the politicians to spawn even more programs. At which point, the downward spiral repeats itself until there is a thorough societal collapse. Isn't this precisely what is happening now?

[tomasbowater]

Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.

[GoArian]

Someone buying Twitter is not going to cause all this problem it's a bunch of crap

[brianc]

Lets Go Brandon!!! Hopefully this will be the end of MMT. Thank the West Virginia and Arizona Senator inflation isn't 20%.