IDEN ECONOMY: Stocks Endure Worst September Since 2002 in the Worst Year for the Markets Ever!

[Lustern]

Thank you Joe Biden.
Go Brandon!

"IDEN ECONOMY: Stocks Endure Worst September Since 2002 in the Worst Year
for the Markets Ever!"

<https://www.thegatewaypundit.com/2022/10/biden-economy-stocks-endure-
worst-september-since-2002-worst-year-markets-ever/>

The Biden economy is a nightmare. The markets showed it yesterday as the
month of September 2022 is now in the books.

Here are some observations of the markets pointed out yesterday.

Market Watch reported on the market results in September being their
worst since 2002.

It was a September investors will remember — and not in a good way.

TRENDING: WATCH: Large Garbage Bag Used To Transfer Stacks of Absentee
Ballots From Detroit Drop Box...Is This What SOS Benson Means When She
Says MI Elections Were "Most secure in history"?

A Friday drop left the S&P 500 and Dow Jones Industrial Average with
their biggest monthly losses since March 2020. And it was the worst
September performance for both indexes since 2002. Seasonally inclined
investors may wonder what that means for October.

Yahoo Finance noted that to date, 2022 is the worst year for the major
markets since 2008 during the Great Recession.

In the first nine months of 2022, Wall Street suffered three straight
quarterly declines, the longest losing streak for the S&P and the Nasdaq
since the Great Recession and the Dow’s longest in seven years.

Trades-academy notes that the DOW and S&P 500 are in bear market lows.

Dow Jones futures will open Sunday night, together with S&P 500 futures
and Nasdaq futures. The key indexes fell solidly previously week, capping
a horrible September. The S&P 500 index and Dow Jones are at bear market
lows, with the Nasdaq on the verge of doing so. Treasury yields backed
off from 4%, however prolonged their weekly win streak.

The DOW is having its worst year ever. If this current pace keeps up, it
will be the worst year ever.

On January 20, 2021, the DOW closed at 31,188. On Friday, September 30,
2022, the DOW closed at 28,725. This is a more than a 2,400 point drop
for the DOW since Biden stepped into office.

The DOW is currently down 7,613 points this year alone (the DOW was at
36,338 on December 31, 2021).

The worst year prior to 2022 was 2008 when the DOW was down 4,488 points.

2022 is currently the worst year in US stock market history and Americans
are seeing it in their 401ks.

The War Room yesterday discussed the status of Biden’s economy and the
picture is horrific.

Expert analysts are putting their money in cash instead of bonds and
equities with the goal of a “return of capital” not even a “return on
capital”.

This was an excellent analysis of what is going on under this American-
hating and incompetent regime.

[-hh]

On Wednesday, October 5, 2022 at 6:49:08 PM UTC-4, Lustern wrote:
> Thank you Joe Biden.
> Go Brandon!
>
> "IDEN ECONOMY: Stocks Endure Worst September Since 2002 in the Worst Year
> for the Markets Ever!"
>

> <https://www.thegatewaypundit...

Stupid rag. When one cherrypicks by month, there's going to be twelve
"worst ever" months to make into claims.

> The Biden economy is a nightmare.

Nah, we've known for a year that QE was going to be followed by QT and
as such, Equities prices were going to fall.

The markets showed it yesterday as the
> month of September 2022 is now in the books.
>
> Here are some observations of the markets pointed out yesterday.
>
> Market Watch reported on the market results in September being their
> worst since 2002.

September is traditionally a 'weak' month for the Market...its even
called the 'September Effect':

<https://www.investopedia.com/ask/answers/06/septworstmonth.asp>

> A Friday drop left the S&P 500 and Dow Jones Industrial Average with
> their biggest monthly losses since March 2020.

It was down by a third as much as the March 2020 CoVid crash, but
what was more relevant is that the Market had peaked last November
and was already off by -10% before the month of September even started.

> Yahoo Finance noted that to date, 2022 is the worst year for the major
> markets since 2008 during the Great Recession.

More cherrypicking of stats. Market's off roughly -20% YTD thanks to QT
and Putin, but just how does that compare to past Market drops?

2020: -35%
2018: -18%
07-09: -43%
99-02: -30%
1987: -32%
81-82: -29%
76-81: -44%

>
> In the first nine months of 2022, Wall Street suffered three straight
> quarterly declines, the longest losing streak for the S&P and the Nasdaq
> since the Great Recession and the Dow’s longest in seven years.

But not the longest. The period of 1976-82 saw a 54% decline in the
DJIA with only a brief respite in 1981.

> The DOW is having its worst year ever. If this current pace keeps up, it
> will be the worst year ever.

"If" being the keyword. The reality is that it is now October, and the
Market isn't even halfway to matching 1931, its worst year on record:

<https://www.statista.com/statistics/261787/the-worst-years-of-the-dow-jones-index-since-1897/>

> This was an excellent analysis of what is going on under this American-
> hating and incompetent regime.

No, its a bunch of partisan fuckwits who have no clue, because the QT
effects on Markets is known ... here's an article from before CoVid
which covers Market performance 2017-19, which was the last time
that there was QT activity:

<https://seekingalpha.com/article/4248463-9-charts-on-quantitative-tightening>

OP, you'll never be financially secure (let alone successful) reading the crap that you're posting.

-hh