General Discussion
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(130,732 posts)S&P -1.26%
Dow
-1.14%
Nasdaq
-1.45%
malaise
(268,698 posts)THe longer the Con keeps the government shut down the worst this will slide
ffr
(22,665 posts)Wish I would have switched my stock market investments to money market when the warning signs were there. I wouldn't have lost half my portfolio.
Vinca
(50,237 posts)Trump seems poised to make 2008 look like good times.
joshcryer
(62,266 posts)All blamed on "Obama's shutdown."
https://www.theguardian.com/world/2013/sep/30/us-stock-markets-government-shutdown
https://dealbook.nytimes.com/2013/09/30/markets-assess-the-impact-of-a-federal-shutdown/
https://www.npr.org/sections/thetwo-way/2013/09/30/227873883/shutdown-begins-after-congress-fails-in-spending-compromise
A goodie: https://www.rt.com/usa/government-shutdown-live-update-564/
Compare to Trump today:
https://www.cnn.com/2019/01/22/investing/dow-stock-market-today/index.html
https://www.cnbc.com/2019/01/22/us-markets-global-economy-us-china-trade-in-focus-.html
https://nypost.com/2019/01/22/dow-plunges-400-points-on-fresh-fears-of-a-global-slowdown/
The media is an absolute fucking disgrace.
malaise
(268,698 posts)Someone should send these to Rachel and Lawrence
joshcryer
(62,266 posts)It'd be nice for Media Matters to get on it.
StrangeDaysAhead
(10 posts)Then China announces its slowest GDP in almost 30 years and world markets tank.
The United States is no longer the economic bully of the planet, and thank gods for that.
And since China, and to a lesser extent India, is the largest emitter of Global Climate Change causing CO2 this is excellent news.
We only have 12 years left if nothing is done. H/T AOC.
Amishman
(5,554 posts)Paying off debt and moving to more secure assets. The wheels are coming off the global economy