Markets Tumble Worldwide As Fears Of A Looming Recession Take Hold

Inflation is at its highest level in 40 years and investors are growing fearful that a recession could be on the horizon. CNBC’s Bob Pisani explains what stocks are getting hit the hardest. 

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[PhilipMurray]

The current situation in the country is really disturbing, I am confused if i should sell or hold on to my stocks. please i need your honest suggestions on what to do to avoid losses.

[markbishop]

By the end of this summer the inflation rate will be over 10%

[joeystillpoppin]

When shoppers start shopping smarter you can shut corporate companies down for greed ..

[jacksaloman]

Thanks Joe Biden. My grandparents lived through the Great Depression and I guess I will too. Way to go joe

[JulieTobin-Ruszczyk]

Recession on horizon? WHAT ARE WE IN NOW?

[Paul_]

This was called out when supply chains begin to fail and wars are started while a pandemic rages. And civilian unrest in many countries.
Will things get worse? Yes!
But we have each other, community, friends and families. Have to be there for each other.
Unfortunately, the way things are playing out with mental health and shootings are a challenge to see the good in people.
People can do it, they've gone through worse, like the ice age.

[kanank]

Most everyone should cut down their gas consumption by at least 15 to 20%. If people can do more, it is welcome. Demand waning should bring down the gas price within weeks.

[matus__]

i wish the average was the actual price, cali is paying like 8$ a gallon

[gabriellechilton]

No buggy on the 5 bucks for gasoline. Nope….we are paying upwards of 6 bucks here in cali.

[Goldnuggetrudolph]

I wish gas was only 5 dollars. Here in LA gas has been close to 7 dollars for the last few weeks.

[robertkowallek]

The economy is about to crash harder and faster than Paul Pelosi after a wine tasting party

[craigenputtock]

Ah ... So after twenty years of the private banking cartel known as the Federal Reserve taking care of their Wall Street buddies we are finally confronted by an economic crash? Who would have thought it possible?

[AngryTango]

As a democrat I admit. The Democratic Party is an embarrassment

[stephengraham]

Despite the economic downturn, I'm so happy 😊I have been earning $ 60, 000 returns from my $7, 000 investment every 13days.

[Tina-dilx]

To your comments on demand destruction.
I’ve already modified my major travel plan

[TheMkygarcia]

Weed, beers and coffee buy as much as you can… thank me later

[debbie]

Jomentia begat Joeflation.. Joeflation begat Joecession... and Joecession left in office will result in a joepression..

[zhenwenlu]

"Capitalism contains the seeds of its own destruction" - Karl Marx. God bless 'common prosperity'.

[fffan]

Call the gas company, stop wasting my time.

And don’t get me started on the GameStop fiasco

[kells-vp]

I wonder where they get these numbers from I'm not paying no $5 a gallon for gas and then there's seven dollars a gallon for gas and that's the cheapest gasoline