The Dow Jones Industrial Average index dropped over 650 points on Monday after recent remarks by Federal Reserve officials sparked concerns about the possibility that the United States economy may end up in a recession due to strong monetary tightening measures. The Dow Jones plummeted 1.90% or 640 points, pulled down by Intel, Salesforce and Disney, all of which lost over 3%. The Nasdaq 100 was 2.53% down and the S&P 500 plunged 2.10% at 2:07 pm ET. The euro was 1.07% lower against the dollar to go for 0.99325 at the same time. NN: Do not let them shit you. The US is in a embedded inflation crises. And it will drive the FED to repeatedly raise rates AND withdraw the 10 trillion dollars in stimulus it pumped into the economy. Inflation is a bubble, the stock market is a bubble, corporate debt markets are a bubble and real estate is a bubble. You can call the FED your bubble popper… They will do this kicking and screaming the whole way!