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(54,438 posts)
2. the driver for today's drop is the inflation report, which came back higher than expected
Tue Sep 13, 2022, 02:41 PM
Sep 2022

meaning the fed will continue to hike interest rates, which will further slow the economy and further eat into corporate profits and therefore result in a lower value for shares of stock.

and maybe tomorrow official will make a speech and it will go back up. who knows.

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Latest Discussions»Culture Forums»Personal Finance and Investing»I dont know much about th...»Reply #2