Comment on Dow drops by more than 400 points after a surprisingly bad inflation report | CNN Business
BunkerBuster@lemmy.world 2 years 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 2 years ago
Then you didn’t read the article. The Dow dropped because of inflation. The two are related.
BunkerBuster@lemmy.world 2 years ago
I read the article. You didn’t read my comment.
wintermute_oregon@lemm.ee 2 years 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 2 years ago
There you go putting words in my mouth again. Boy, you don’t know how to act.
Zeppo@sh.itjust.works 2 years 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.