Dow craters 1,276 points as stocks notch their worst day since June 2020 after hot inflation reading
markets.businessinsider.com
"A 100 basis point move is again within the realm of possibility," said economist Peter Earle, referring to the upcoming Fed meeting next week.
  • Frogmanfromlake [none/use name]
    ·
    2 years ago

    I doubt it will lead to that anytime soon. It'll likely lead to a five year depression at some point that just accelerates this new Gilded Age.