The DOW Jones Industrial Common (the DOW) opened right now below 30,000 factors because the Biden financial system reveals its colours.
The DOW opened this morning at lower than 30,000 factors. When Biden took over the markets had been above 31,000 factors.
BIDEN ECONOMY: It’s Official – DOW Is Down More Than 1,000 Points Since Biden Inauguration
The DOW is down greater than 1,000 factors since when Joe Biden took workplace!
The DOW is one measurement of the US markets that signifies the well being of the financial system.
President Trump broke the document for essentially the most inventory market highs in a 12 months in 2017, the 12 months he took over the Govt Department. President Trump’s financial system was on fireplace.
There have been extra inventory market highs (71) in 2017, Trump’s first 12 months as President, than any 12 months in historical past.
Sadly, the Biden Administration is the exact opposite. After almost 2 years in workplace, the DOW is down greater than 1,000 factors for the reason that day Biden stepped into workplace after stealing the 2020 Election.
On January 20, 2021, the DOW closed at 31,188. Final night time the DOW closed at 30,077. This morning the DOW opened at lower than 30,000.
As of 10:30 am Japanese, the DOW stood at 29,630.
People are watching their 401k’s disappear as a result of Biden financial system as a result of most 401k’s are related to the inventory markets within the US that are taking a royal beating now that Biden’s insurance policies are being realized.
The DOW is at the moment down 5% since Biden took workplace. It’s down 24% for the reason that final market closing all-time excessive of 36,799 on January 4th of 2022.
The DOW is at the moment down greater than 6,500 factors this 12 months alone (the DOW was at 36,338 on December 31, 2021).
If this lower stands until year-end, this lower would be the largest lower of any 12 months in US historical past.
