written by reader 80% Dow Drop

by Old Guy | June 13, 2022 3:15 pm

Does anyone know about this topic that projects a market crash on Wednesday, June 15th ?

Source URL: https://www.stockgumshoe.com/2022/06/microblog-80-dow-drop/


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    unemotional investor
    June 13, 2022 10:43 pm
    Googled it, looks like it's from a Business Insider article from January 2022, republished in April 2022. Unfortunately it's behind a paywall that I don't have access to. It's kind of interesting that I believe this Wednesday the 15th is the next interest rate announcement from the FED, and there is now a lot of chatter about a 3/4 point hike, enough chatter that a 3/4 point hike shouldn't be a huge shock at this point, however if it's a 1/2 point hike that could also disappoint and indicate that the magnitude of inflation is still being under-estimated by those entrusted to address it, we seem to getting into can't win territory.
  • Member
    👍 
    Charles Eson Eson
    June 29, 2022 6:24 pm
    It happened a little early. June 9th was the start of the drop, and it dropped 30% and not 80%. We may have more to come.
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