Under Joe Biden’s economy during 2022, widows lost money. So did widowers, husbands, wives, families, cousins and the guy who pours beers at the corner bar. At least they did if they had money in the stock market, through investments or retirement funds and the like.
Business Insider reported U.S. stocks fell on the last day of trading, ending a “tough year.”
The S&P 500 was down 20% for the year, a result that hasn’t been that bad since the 2008 year. Meanwhile the Dow Jones Industrial Average lost 9% in 2022, and the tech-heavy Nasdaq tumbled 33%.
The last trading day of the year ended “with a thud,” the report said, after consumers were confronted with high inflation, up to 9.1%, high interest rates, high costs for energy and fuel, and more. The report said the housing market “is still gloomy as ever as mortgage rates turned higher again, and Jeff Bezos’ fortune was overtaken by Warren Buffett’s.
At CNBC a report said stocks on Friday ended “a brutal 2022 with a whimper.”
It said, “Friday marked the final day of trading in what has been a painful year for stocks. All three of the major averages suffered their worst year since 2008 and snapped a three-year win streak. The Dow fared the best of the indexes in 2022, down about 8.8%. The S&P 500 sank 19.4%, and is more than 20% below its record high, while the tech-heavy Nasdaq tumbled 33.1%.”
“We’ve had everything from COVID problems in China to the invasion of Ukraine. They’ve all been very serious. But for investors, it is what the Fed is doing,” said Art Cashin, director of floor operations for UBS.
That organization has been exploding interest rates by advances of up to three quarters of a point monthly – in its attempt to bring Biden’s inflation under control. The CNBC report also warned it’s not over.
“As the calendar turns to a new year, some investors think the pain is far from over. They expect the bear market to persist until a recession hits or the Fed pivots. Some also project stocks will hit new lows before rebounding in the second half of 2023,” the report said.
Cashin pointed out, “I would love to tell you that it is going to be like the ‘Wizard of Oz’ and everything is going to be in glorious color in a moment or two. I think we may have a bumpy first quarter, and depending on the Fed it may last a little longer than that.”
Joe Biden’s administration, meanwhile, posted online a document boasting about how good things are.
“We end the year with clear evidence that President Biden’s economic strategy of growing the economy from the bottom up and the middle out is working…”
Biden, in fact, has orchestrated the spending of trillions of dollars that are being added to the national debt, even though his agenda has produced that high inflation, high interest, stagnant wages, mediocre job growth and more.
It brags about 10.5 million jobs added under Biden, without mentioning that many of those were restored following mandated shutdowns during the COVID pandemic. Even that analysis, while advising it will “take time” to reach desired results, conceded there will be “setbacks along the way.”
It boasted that gas prices are down more than $1.75 per gallon, but they still remain higher than when Biden took office when they exploded to levels as high as $5 and $6 a gallon in some states.
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Three Reasons a Coffee Gift Set From This Christian Company Is Perfect for Christmas
When you’re searching for a Christmas gift that’s meaningful, useful, and rooted in faith, you don’t want to settle for anything generic. This season is filled with noise — mass-produced products, last-minute picks, and trends that fade as quickly as they appear. But one gift stands apart because it blends genuine quality with a message that matters: a coffee gift set from Promised Grounds Coffee.
This small Christian-owned company has become a favorite among believers who want to support faith-driven businesses while giving friends and family something they’ll actually enjoy. Here are three reasons a Promised Grounds Coffee gift set may be the most thoughtful and impactful present you give this year.
1. It’s Truly Delicious Coffee
Too many “gift-worthy” coffees look beautiful in the package but disappoint when the cup is poured. Promised Grounds takes the opposite approach — exceptional taste first, thoughtful presentation second.
Their beans are sourced with care, roasted in small batches, and crafted to bring out a rich, smooth flavor profile that appeals to both casual drinkers and true coffee lovers. Whether someone enjoys bold, dark roasts or lighter, more delicate blends, every sip reflects quality that stands shoulder-to-shoulder with the biggest specialty brands.
Simply put: this coffee is good. Really good. Some say it’s absolutely fantastic. If you want a gift that won’t be re-gifted, ignored, or shoved in a cabinet, this is it.
2. It Spreads the Word While Serving a Real Purpose
There are many Christian gifts that are meaningful… but not exactly practical. There are also useful gifts that have nothing to do with faith. Promised Grounds Coffee bridges both worlds beautifully.
Each gift set delivers an encouraging, faith-centered message through its packaging and presentation — a simple but powerful reminder of God’s goodness during the Christmas season. The cups are especially popular and serve as a daily reminder of the blessings from our Lord. At the same time, the product itself is something people will actually use and appreciate every single day.
It’s a gift that uplifts the spirit and fills the mug. A gift that points loved ones toward Scripture while still being part of the normal rhythm of life. And in a culture that increasingly pushes faith to the margins, giving a gift that quietly but confidently honors Christ can make a deeper impact than you might expect.
3. It’s Affordable, Valuable, and Elegantly Presented
Many people want to give something meaningful without breaking their Christmas budget. Promised Grounds Coffee strikes that perfect balance — the sets look and feel premium, but the price remains accessible.
The packaging is classy, clean, and gift-ready, making it ideal for:
- Family members of all ages
- Co-workers or employees
- Church friends or small-group leaders
- Hosts, neighbors, and last-minute gift needs
It’s the kind of gift that feels more expensive than it is — and more thoughtful than most of what you’ll find on store shelves.
The Perfect Blend of Faith, Flavor, and Christmas Cheer
A coffee gift set from Promised Grounds Coffee checks every box: a gift that tastes amazing, conveys your faith, supports a Christian business, and brings daily enjoyment to the person who receives it. In a season when so many gifts are forgotten, this one stands out for all the right reasons.
If you want a Christmas present that reflects your values and delivers genuine joy, Promised Grounds Coffee is the perfect place to start.