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Markets down, 12% since january
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Author: Old Guy Date:
2/27/2022 1:28:06 PM +2/-1
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Big reason for the turnaround of the market after Biden made his sanction speech is investors realized the sanctions would not do anything, have no effect on the market or economy.
At first the market moved down rapidly because just about everybody with a brain knew that Russian Oil needed to be stopped, that Russian sanctions must include sanctioning oil. But because of Biden, without production to replace Russian oil the economy would suffer. But investors still knew we needed to stop supporting Russia by buying their gas! Down went the market.
But Biden didn't do that, we still buy Russian Oil. There will be no overnight oil shortages, so the market recovered.
Biden again fucked up. Worst president we have ever had.
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Markets up 5% since invasion
+1/-2 Ted Walker Jr. 2/25/2022 5:37:02 PM
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