In the first nine months of 2022, Wall Street suffered three straight quarterly declines, the longest losing streak for the S&P and the Nasdaq since the Great Recession and the Dow’s longest in seven years.
On January 20, 2021, the DOW closed at 31,188. On Friday, September 30, 2022, the DOW closed at 28,725. This is a more than a 2,400 point drop for the DOW since Biden stepped into office.
On January 20, 2021, the DOW closed at 31,188. On Friday, September 30, 2022, the DOW closed at 28,725. This is a more than a 2,400 point drop for the DOW since Biden stepped into office.
When he said that (before Omicron and maybe even Delta(?)) the vaccines had over 90% efficacy against getting Covid. So while it was not totally true, it wasn't exactly a whopper either.