Fears On Wall Street After Week Of Historic Losses

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Wall Street spent another day in turmoil. The broad S&P climbed back after heavy selling but is still down. The Dow was down 600 points, then rallied. It’s lost ground for eight consecutive weeks. Retailers are feeling the pain of inflation, while families are forced to make tough choices. Amid fears of a recession, Treasury Secretary Janet Yellen is now warning there’s a risk of stagflation.

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Good lord I couldn’t imagine paying $2500 for rent. But what did they think would happen when everything continues to go up but wages.

shaymalchione
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Rent raising seems to be based on Greed mainly.

krisdunwoody
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When a landlord raises rent from $1600 to $2500 is it because they really want them out of there?

johnnykwest
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The rents are up because Wall St is buying all the homes and jacking up the rents.

glenjo
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“What a lovely house of cards you have” says the wind…

chipious
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Greedy landlords are making this situation so much worse.

footfoot
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Yet US is sending 40B dollar for Ukraine-Russia War.😂😂😂

Billy_Almighty
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oh.. but there is enough to send 40 more billion to Ukraine

EagleSoarin
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A lot of people didn't see this coming well now they do

marcelodesa
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Yellen: didn’t you recent tell us that inflation was “transitory”? WTF.

dlvox
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IT’S THE END OF THE WORLD AS WE KNOW IT

ulhpvpy
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They're just counting the money. Historic losses for the average person but historic gains for the 1%

cristo
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Who told the lady to pay $2, 500 a month in rent. It's simple move.

everythingvideos
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It's called an incoming recession. Duh.

RelentlessOhiox
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Makes it easier to declare Martial Law
🤣🤣🤣🤣🤣🤣😱

richardmaclean
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Inflation= wealthy people regaining their losses during the pandemic..lol

unique_u
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Y'all voted him as president, now deal with it👍

glenwoodjenkins
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"If you are at all considering selling, experts (Us) say consult your financial advisor (him fees) Don't think for yourself (We want to sell before you do) so don't panic (while we cash out)... Musk cashed out of Tesla in November, (He might be running short of cash again)

redjetsen
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It's 2008 again folks. Keep as much cash as you can.

MrTimjd
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People better choose wisely and buy those stocks before they raise those prices.

princesstiarra