Stock Market really in the crapper this morning.

[Throck]

The GOP is really manipulating the market.

[Ocelot II]

1. How are they doing that?

[Wednesdays]

4. I agree, the GOP is not manipulating the market

but the wealthy stockholders are panicking over a potential Democratic landslide this November!

[Throck]

5. The money holders pull their money leaving the little investors to suffer.

There's been a number of GOP persons accused of insider trading. Chris Collins was a notorious case of recent years.

[Hugin]

8. Don't forget the other GA Senatorial scandal...

Inside GrOPper dumping of stocks knowing how dangerous COVID is. It caused the real crash (biggest since 1929) in early 2020. Y’know the one we’re paying for now with ‘inflation’.

Yet, another no consequence crime begging for an investigation.

[elleng]

2. It and world markets were there well before this morning.

[uponit7771]

3. Big money is running to US bonds BEFORE yield increase is put into place. Big money runs to bonds

... during inflation and US is still the strongest bonds in human history so far.

[rainy]

6. It seems the more people have good work and wages

the market decides to TAKE more! Prices go up. So the people never really have a chance to rise above. Cost will increase the more people working with good pay. The market needs hard regulations. Corporations need hard regulations. The old charters for corporations to be legit they had to prove what good the public would get out of it. How did it ever become: only the shareholders matter? That should not be allowed.

[edhopper]

7. It's an acknowledgement

Of how much the corporations have used nearly free Fed money to grow their stock prices.
Powell is turning off the teat. So they might have to actually do something to make their business better.

[JCMach1]

9. It's called a buying opportunity

[bif]

10. I can't even look

Total bloodbath!

[clementine613]

11. Once again, thanks to the Rethugs and Trump

... for destroying everyone's lives.

[bif]

12. I love when they use terms like "a correction".

[inthewind21]

14. it is a correction

it can't stay inflated forever.

[inthewind21]

13. 70 record highs in 2021

for a 27% total increase on top of the prior 2 years increases and people think it's "in the crapper" Wait until the real correction comes, and it will.

[Quixote1818]

15. My Edward Jones guy suggested I hold my money until a bit later in the year

Traditionally the middle of the year isn't great for the market. Thinking of jumping back in soon though as it may be close to the floor.

They are expecting a rebound later this year: https://www.cnbc.com/2022/05/17/better-market-days-are-coming-its-just-a-question-of-when.html