Shares Of US Firms That Missed Profit Estimates Fell By Most In Four Years (Diesel Prices UP 118% Under Biden, Food CPI UP 20%)

24 October 2023

Bidenomics has strongly emphasized green energy, sometimes sidelining the concerns of the middle class.

The shares of US firms that don’t meet profit expectations have seen their most significant decline in four years.

Furthermore, under Biden’s administration, the cost of diesel fuel, crucial to the shipping industry, has increased by 118%, and the food CPI has risen by 20%.

In the housing sector, there has been a noticeable increase in pre-foreclosure sales.

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