MARKETS DOWN IN EARLY TRADING – DOW Opens Under 30,000 – It is a Catastrophe

The DOW Jones Industrial Common (the DOW) opened immediately beneath 30,000 factors because the Biden economic system reveals its colours. 

The DOW opened this morning at lower than 30,000 factors.  When Biden took over the markets have been above 31,000 factors.

BIDEN ECONOMY: It’s Official – DOW Is Down Extra Than 1,000 Factors Since Biden Inauguration

The DOW is down greater than 1,000 factors since when Joe Biden took workplace!

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The DOW is one measurement of the US markets that signifies the well being of the economic system.

President Trump broke the file for probably the most inventory market highs in a yr in 2017, the yr he took over the Govt Department.  President Trump’s economic system was on fireplace.

There have been extra inventory market highs (71) in 2017, Trump’s first yr as President, than any yr in historical past.

Sadly, the Biden Administration is the exact opposite.  After practically 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 Jap, the DOW stood at 29,630.

People are watching their 401k’s disappear as a result of Biden economic system as a result of most 401k’s are linked 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 present 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 present down greater than 6,500 factors this yr 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 yr in US historical past. 

The Biden economic system is a catastrophe and based mostly on this administration’s different actions, this seems to be the objective. 

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