Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

BIDEN ECONOMY: Bonds at 49-Year Low – Stocks Having Worst Year Ever!

by September 26, 2022
September 26, 2022
BIDEN ECONOMY: Bonds at 49-Year Low – Stocks Having Worst Year Ever!

The Biden economy is so bad that the bond and stock markets are currently having their worst years ever. 

The DOW

The DOW is down over 1,000 points since the day Biden stepped into office after stealing the 2020 Election.

On January 20, 2021, the DOW closed at 31,188.  On Friday the DOW closed at 29,590.  This is a 1,598 drop for the DOW since Biden stepped into office. 

Americans are watching their 401k’s disappear due to the Biden economy.

The DOW is currently down 5% since Biden took office.  It is down 20% since the last market closing all-time high of 36,800 on January 4th of 2022.

The DOW is currently down more than 6,700 points this year alone (the DOW was at 36,338 on December 31, 2021).

The worst year prior to this was 2008 when the DOW was down 4,488 points.

If this decrease stands till year-end, this decrease will be the largest decrease for the DOW for any year in US history. 

The Bond Market

The bond markets are at least as bad as the stock markets, if not worse.  The Markets Insider reported last week:

The unraveling of the bond market will continue to batter stocks over the coming months, according to a Friday note from Bank of America.

Bonds are experiencing their worst decline since 1949 as interest rates soar amid a global central bank campaign to fight inflation. The US Aggregate Bond ETF is down 15% year-to-date, while global bonds are down even more.

But those soaring interest rates, and consequently falling bond prices, run the risk of forcing further liquidations in the stock market that would effectively unwind the most crowded trades held by investors over the years.

“Bond crash in recent weeks means highs in credit spreads, lows in stocks are not yet in,” BofA’s Michael Hartnett said.

Specifically, Hartnett said the ongoing bond market crash can lead to a credit event that would effectively unwind the long US dollar, long US tech, and long private equity trades, which have been widely held by investors for years.

Those crowded trades have helped catapult mega-cap tech companies like Apple, Amazon, Alphabet and Microsoft into trillion-dollar behemoths that make up nearly 20% of the S&P 500.

“True capitulation is when investors sell what they love and own,” Hartnett said.

Aside from investor capitulation, one more sign that a bottom in the stock market has arrived is when interest rates peak, but given the Fed’s hawkish commentary at Wednesday’s FOMC meeting, that may not happen anytime soon.

Biden has managed to collapse both bonds and stocks and the worst is yet to come. 

The post BIDEN ECONOMY: Bonds at 49-Year Low – Stocks Having Worst Year Ever! appeared first on The Gateway Pundit.

0
FacebookTwitterGoogle +Pinterest
previous post
GP Weekend Recap 9-26-22: A Woman Dies in Front of a Pharmacist and They Won’t Comment on That as a “Side Effect”, Biden’s Mental Acuity, Tarrant Co Dems Respond to Ballot Harvesting and More
next post
Russia’s Nord Stream 2 Pipeline to Germany Loses Pressure Overnight from 300 to 7 Bars – Cause Unknown

You may also like

Indiana Rep. Jim Banks launches 2024 Senate run,...

January 17, 2023

BIDEN ECONOMY: Biden’s War on Oil and Gas...

October 7, 2022

DAVID MARCUS: Sorry Dems, literally nobody believes married...

April 12, 2025

‘I AM 100 OUT OF 100’: Meet Alabama’s...

January 17, 2023

Legendary College Football Coach Mike Leach Passes Away...

December 13, 2022

Americans rate Trump’s Cabinet picks in new poll

December 12, 2024

Rep. John James slams DeSantis over Florida curriculum:...

July 30, 2023

Top Virologist and Member of FDA Advisory Panel...

November 24, 2022

Like Father, Like Daughter: Liz Cheney Attacks and...

October 24, 2022

This Giving Tuesday Please Consider The Gateway Pundit...

November 29, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • IVF parents should have right to paid fertility leave, says GMB union

      June 9, 2025
    • Reform UK clashes with Bank of England over interest payments to lenders

      June 9, 2025
    • Trump ally stands firm against ‘big, beautiful bill’ despite pressure: ‘It’ll completely backfire’

      June 8, 2025
    • Rubio condemns assassination attempt on Colombian presidential candidate Miguel Uribe

      June 8, 2025
    • Obama WH physician says Biden doc should have performed cognitive test

      June 8, 2025
    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025

    Categories

    • Business (8,154)
    • Investing (2,019)
    • Politics (15,571)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved