Comment on Dow drops by more than 400 points after a surprisingly bad inflation report | CNN Business
BunkerBuster@lemmy.world 7 months agoWow you went out on the wrong limb. I couldn’t care less about the DOW or NASDAQ loss. But you put the word “inflation” in my mouth when I clearly never said it. You’re out to argue, not even discuss.
wintermute_oregon@lemm.ee 7 months ago
Then you didn’t read the article. The Dow dropped because of inflation. The two are related.
BunkerBuster@lemmy.world 7 months ago
I read the article. You didn’t read my comment.
wintermute_oregon@lemm.ee 7 months ago
I did. The article is about inflation increasing when caused the Dow to drop.
So you don’t care about inflation since you said it didn’t impact you.
BunkerBuster@lemmy.world 7 months ago
There you go putting words in my mouth again. Boy, you don’t know how to act.
Zeppo@sh.itjust.works 7 months ago
But so what? What the article says is that investors choose different investments besides stocks, housing and utilities based on how inflation affects interest rate decisions. So… those sectors go down, others go up.