Connect with us

Hi, what are you looking for?

Politics

MARKETS DOWN IN EARLY TRADING – DOW Opens Below 30,000 – It’s a Disaster

The DOW Jones Industrial Average (the DOW) opened today under 30,000 points as the Biden economy shows its colors. 

The DOW opened this morning at less than 30,000 points.  When Biden took over the markets were above 31,000 points.

BIDEN ECONOMY: It’s Official – DOW Is Down More Than 1,000 Points Since Biden Inauguration

The DOW is down more than 1,000 points since when Joe Biden took office!

The DOW is one measurement of the US markets that indicates the health of the economy.

President Trump broke the record for the most stock market highs in a year in 2017, the year he took over the Executive Branch.  President Trump’s economy was on fire.

There were more stock market highs (71) in 2017, Trump’s first year as President, than any year in history.

Sadly, the Biden Administration is the complete opposite.  After nearly 2 years in office, the DOW is down more than 1,000 points since the day Biden stepped into office after stealing the 2020 Election.

On January 20, 2021, the DOW closed at 31,188.  Last night the DOW closed at 30,077.  This morning the DOW opened at less than 30,000.  

As of 10:30 am Eastern, the DOW stood at 29,630.

Americans are watching their 401k’s disappear due to the Biden economy because most 401k’s are connected to the stock markets in the US which are taking a royal beating now that Biden’s policies are being realized.

The DOW is currently down 5% since Biden took office.  It is down  24% since the last market closing all-time high of 36,799 on January 4th of 2022.

The DOW is currently down more than 6,500 points this year alone (the DOW was at 36,338 on December 31, 2021).

If this decrease stands till year-end, this decrease will be the largest decrease of any year in US history. 

The Biden economy is a disaster and based on this administration’s other actions, this appears to be the goal. 

The post MARKETS DOWN IN EARLY TRADING – DOW Opens Below 30,000 – It’s a Disaster appeared first on The Gateway Pundit.

Disclaimer: tradinginspector.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 tradinginspector.com | All Rights Reserved