reserved Mooseman
voted
Wall Street's main indexes keep falling. The $Nasdaq Composite Index (.IXIC.US)$ confirmed it was in a bear market, as the prospect of a ban on oil imports from Russia sent crude prices soaring and fueled concerns about rising inflation.
Jim Bianco, President of Bianco Research, recently argued that "every 50% rise in oil's price has led to a recession."
That's a worrisome omen indeed since oil's price over the past year has more...
Jim Bianco, President of Bianco Research, recently argued that "every 50% rise in oil's price has led to a recession."
That's a worrisome omen indeed since oil's price over the past year has more...
![Daily Poll: What's the connection between oil prices and recession?](https://ussnsimg.moomoo.com/1646738884282-77777000-android-org.gif/thumb)
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reserved Mooseman
voted
The stock market is a special place. It's like a parallel dimension entirely separate from the real world, but a subtle connection remains between them. Things that happened here somehow caused a ripple effect throughout the market.
Let's see how the two worlds are correlated and how mooers react to the latest headlines~
@Deezy_McCheezy: Everybody freeze $AMC Entertainment (AMC.US)$
@Kit Kat Crazy: Everyone on Wall Street right now $AMC Entertainment (AMC.US)$
why? $AMC Entertainment (AMC.US)$
Let's see how the two worlds are correlated and how mooers react to the latest headlines~
@Deezy_McCheezy: Everybody freeze $AMC Entertainment (AMC.US)$
@Kit Kat Crazy: Everyone on Wall Street right now $AMC Entertainment (AMC.US)$
why? $AMC Entertainment (AMC.US)$