The U.S. national debt is over $28.5 trillion. If every U.S. citizen were to try and help pay that off, every single one of us, even our children, would owe more than $80,000.
US stocks fell sharply on Monday, 5/9/2022, pushing the S&P 500 below 4000 for the first time in over a year as traders anticipate a new load of bad news on inflation and earnings. Losses: Dow 2%; S&P 500 3.2%; Nasdaq 4.3% … Alphabet (Google) 2.8%; Apple 3%; Netflix 3%; Meta Platforms (Facebook) 3.7%; Amazon 5.2%; Rivian (electric vehicle) 21%.
All lose.
US stocks fell sharply on Monday, 5/9/2022, pushing the S&P 500 below 4000 for the first time in over a year as traders anticipate a new load of bad news on inflation and earnings. Losses: Dow 2%; S&P 500 3.2%; Nasdaq 4.3% … Alphabet (Google) 2.8%; Apple 3%; Netflix 3%; Meta Platforms (Facebook) 3.7%; Amazon 5.2%; Rivian (electric vehicle) 21%.
All lose.