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Economy
July 2021 article - US stock markets tumble as investors fret about Delta variant spread
2022-05-19
[Guardian - July 2021] US stock markets dropped sharply on Monday as investors worried about the impact of the coronavirus Delta variant on the economic recovery.
Posted by:Besoeker

#14  Why would anyone think this is CoVid caused and not a reaction to bad fundamentals?
Posted by: magpie   2022-05-19 19:05  

#13  The pullbacks from the descent curve are "short-covers" and "sucker-plateau's" for a raging Bear Market. Way far away from the trough!
Posted by: NoMoreBS   2022-05-19 13:19  

#12  Wall Street paid lots of money to get rid of Trump. How's that ROI going, guys?
Posted by: M. Murcek   2022-05-19 10:33  

#11  Must be bad if Forbes is calling Target a Brick & Morter.
Posted by: swksvolFF   2022-05-19 10:32  

#10  Bitcoin type "currency" is plunging as well.

What is it? I don't know what it is. I will tell you what it isn't. It's not a washing machine, a house payment, a gallon of gas, a new lawn mower.....

Appears to be ideas or pure speculation. I've seen speculation in the oil patch. Lots dry holes and lost investments.

Posted by: Besoeker   2022-05-19 10:15  

#9  Gasoline prices had been steadily increasing for 12 months straight.
Posted by: swksvolFF   2022-05-19 10:13  

#8  What was going on then....

I think they were coming to conclusions with Taliban about Afghan withdraw date.

Last gasp of all but The Devoted about mandatory masks, and their pushback.
Posted by: swksvolFF   2022-05-19 10:10  

#7  Regardless - it still tumbles. The gamblers are looking for someplace else to find easy marks.
Posted by: Procopius2k   2022-05-19 09:10  

#6  NYC declares 'high' COVID alert level, instructs residents to mask up indoors
Posted by: Skidmark   2022-05-19 09:00  

#5  Thank you JC. I failed to check the date of the article. My bad.
Posted by: Besoeker   2022-05-19 07:21  

#4  Article was written in June, 2021 when it may have been accurate and inflation was not destroying the US economy. I'm no fan of the Guardian but this isn't written in today's events
Posted by: JC   2022-05-19 07:15  

#3  Walmart and Target retailers gave sucky reports the last two days - not Delta Variant. Remember, Guardian is nearly always wrong - in one direction
Posted by: Frank G   2022-05-19 06:48  

#2  AP - World shares sink after inflation driven retreat on Wall St
Posted by: Besoeker   2022-05-19 04:43  

#1  This article is total rubbish! The market pullback or sell-off is due to investor's concerns over inflation and the looming probability of recession.

Posted by: Besoeker   2022-05-19 04:06  

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