Stock Market Falls as Inflation Rises
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Stock Market Falls as Inflation Rises
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Inflation continues to rise, and the stock market took a nasty dive earlier this week.
From CNN. Stocks took a dive Tuesday after a key inflation report revealed stubborn price increases, raising concerns on Wall Street that the Federal Reserve will keep rates higher for longer than anticipated.
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The Dow Jones Industrial Average slid 525 points, or 1.4%, on Tuesday, its largest single-day drop since March 2023. The blue-chip index nosedived more than 700 points at its session lows. The S&P 500 declined 1.4% and the Nasdaq Composite lost roughly 1.8%.
CNN’s Fear and Greed Index, which tracks seven indicators of market sentiment in the United States, fell to a “greed” reading from “extreme greed” the prior day. …
The latest Consumer Price Index revealed that prices rose by 3.1% for the 12 months ended in January, according to Bureau of Labor Statistics data released Tuesday. On a monthly basis, CPI rose by 0.3% last month.
Both measures came in hotter than expected: Economists expected inflation to ease to 0.2% from December and slow to 2.9% annually, according to FactSet.
As stocks slid on Tuesday, bonds also sold off. The yield on the 10-year Treasury note jumped to 4.32%, its highest level since late November, according to Tradeweb. The 2-year Treasury yield rose to 4.66%.
Traders now largely expect the Federal Reserve to first cut its benchmark lending rate in June or July, after initially expecting cuts as soon as May, according to the CME FedWatch Tool. …
Experts are uneasy about our economy, and many families are struggling to make ends meet. Share this article to encourage intercessors to pray.
(Excerpt from CNN. Photo Credit: Paul-Alain Hunt on Unsplash)
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Heavenly Father may we continue to totally trust in you to provide and help us allot the money we have with your divine wisdom. Philippians 4:19 “ And my God shall supply all your need according to His riches in glory by Christ Jesus. “
God through His prophets have spoken about the financial system. Even secular financial experts are repeating some of what God has spoken about the petrodollar.
Printing money out of nothing isn’t of God. The petrodollar is done. Saudi Arabia has aligned with Russia since the US got out of Afghanistan. When the nations begin to dump it will hurt America. God has been speaking about this for a few years.
Copper will experience a surge in value was well. Gold, Silver, Copper.
See Manuel Johnson’s videos with Bo Polny.
The restoration of Gold and Silver’s true value will he restored. They have been suppressed since we were taken off the Gold standard in the 70s.
Economy will be restored, the rot has to be removed first.
Remember the order of things in Jeremiah 1. …root out, pull down, destroy, throw down, TO BUILD, TO PLANT.
Sadly, as money is the ‘god’ most seem to listen to… it may take real financial hardships for them to fall out of love with money and search The One True God for Truth. We don’t know what God’s plan is. We don’t know HOW He will get people to see His Love for Them… for them to GET that money doesn’t love them back, but The One True God does. This is my prayer… that people come to the end of their LOVE OF money… for it (the love) is the root of all evil. Money in and of itself is not evil… but loving it more than Creator God is evil.
Father Love, we come in petition for all who have made money their ‘god’, asking that You place the pieces of information they need to have their ‘ah ha’ moments and turn to YOU… begin to see YOU as their God and not money… to begin understanding that money is a means by which You want us to spread The Gospel. Guide each one, give wisdom, knowledge and understanding as they need to get it! In Yeshua’Jesus’ Name. Yes and Amen!
Isn’t it interesting that all this turmoil is happening in this election year! The enemy would love for God’s people to cower in fear. But, we must keep our eyes on our Jesus. He is our provider, He is the one who owns the cattle on a thousand hills. This money system we have and the deep state that controls it is no match for Him!
Trust in the Lord with all your hearts and do not lean on your own understanding. Seek His will in all you do and He will show you which path to take! Prov 3:5-6 NLT.
No human wisdom, understanding or plan can stand against the Lord!
Prov 21:30 NLT
Yes and Amen!!!!!