BIDEN ECONOMY: It’s Official – DOW Closes Down Since Biden Took Office
TGP reported this morning that the DOW futures were down before the morning’s bell. The bell rang, the DOW was down and it officially closed down
We started the day with our prediction of the market’s future.
This led to the DOW being down inception-to-date for the Biden Administration.
The Dow Jones Industrial Average (DJI) surged 0.8% or 257.86 points to close at 31,188.38 on January 21, 2021, marking its all-time closing high on the first day following Joe Biden’s inauguration.
From December 2021 – January 2022 to today the Dow Jones has plummeted over 6,000 points.
On Monday the Dow plunged over 600 points at the start of trading.
This evening the DOW closed at 30,516. The DOW was down 876 points on the day.
US stocks plunged into bear market territory Monday morning as Wall Street investors grew increasingly nervous about the prospect of even more harsh medicine from the Fed to take the sting out of inflation.
The expected result of Biden’s anti-American policies is the DOW is now lower than it was on January 20, 2021, the day Biden was sworn into office. On January 20 the DOW closed at 31,188.
Today the DOW is officially down 672 points since January 20, 2021. Biden could not be doing a better job of destroying America than he is currently doing.
It just cannot be done.
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