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Russell 3000 (^RUA)

Chicago Options - Chicago Options Delayed Price. Currency in USD
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2,523.63-7.75 (-0.31%)
At close: 04:30PM EST
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  • K
    Koynter
    Does anyone watch this index like me?
  • D
    Danyell
    Good Morning'
  • J
    J
    Good Morning
    Bullish
  • A
    Andy
    This is a travesty. Inflation is now surging ahead. It is even more rapid now than when the administration first claimed that inflation was transitory. The stock markets are beginning to lose their breadth. The Fed was found to be downplaying the inflation. In reality, what we have is true and continuing inflation. Now the chairman is saying no one expected it would last this long and is saying, "I now expect elevated inflationary pressures to continue. Increased prices are likely to last longer than previously expected, likely well into next year."
    The dollar has been debased. Cost of labor is going up beyond his projections, cost of housing is also going up beyond projections. Most products such as produce, natural gas, insurance, lumber, toys, medical care, etc. are surging. These will continue to rise due to the record M-2 money supply and artificially low interest rates. We are in for a rapid drop in the stock and bond markets. Now is not the time for the worlds largest stimulus package. Stock markets are likely to fall 50% or more. If taxes are increased on companies, that will further stoke inflation, as companies will need to boost prices in order to maintain their profit margins. Beware.
    Bearish
  • V
    Vladimir
    Starting to watch
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