General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Dow Jones has fallen 1600 points, 6%, in just 5 days.
But don't worry, Dear Leader says that the stock-market is doing great.
Who knows how good the stock-market will be in another 5 days???
C_U_L8R
(45,020 posts)(a fake but oh so realistic)
Roland99
(53,342 posts)C_U_L8R
(45,020 posts)Of course it's a joke... except the shooting out of a cannon part. That we'd all like to see.
Roland99
(53,342 posts)C_U_L8R
(45,020 posts)And it's hilarious that everyone believes idiot Trump would say "Dow Joans"
Bengus81
(6,932 posts)Roland99
(53,342 posts)If it dips below 10%, expect computer-based trades to exacerbate it into a correction.
IronLionZion
(45,528 posts)We would have to go back to 1987 and then 1929 for % drops.
I just like knowing that Trump is probably flipping out over this.
Roland99
(53,342 posts)I told him go ahead and invest at a lower yielding product. I prefer having money make more money when possible
IronLionZion
(45,528 posts)since Trump is saving so many American jobs and making those industries great again
Roland99
(53,342 posts)llmart
(15,552 posts)Think I'll use that next time I run across someone who thinks he's been good for the economy.
former9thward
(32,077 posts)But never when it is going up.
IronLionZion
(45,528 posts)Dips and corrections are more newsworthy.
Bengus81
(6,932 posts)No...if we posted each time Trumps roller coaster went up 300 points and then down 250 two days later there would be no room for anything else. But....1600 points--so far is a DAMN big deal.
former9thward
(32,077 posts)I do long term investing in the market. Hysteria about a virus does not bother me. The fundamentals of the market are good.
Response to former9thward (Reply #16)
Name removed Message auto-removed
greenjar_01
(6,477 posts)Flaleftist
(3,473 posts)Bengus81
(6,932 posts)Flaleftist
(3,473 posts)Bengus81
(6,932 posts)Right up until the markets tanked day after day after day and then the entire economy crashed along with the markets. Probably same things were being said in May/June 1929.
In these last two days the DOW has been rolled back to 10/31/19....yeah Halloween.
ooky
(8,929 posts)when it takes a dive, which is at a must faster rate over a short time period than the more traditional rate of recovery.
The real news is going to come when it finally keeps on falling and doesn't come back for a couple of years or so, when more people are going to regret not cashing out during the peak times.
Could it be some investors are starting to worry about the potential that their Trump era gains that defied normal market fundamentals could turn out to be fool's gold as the market adjusts to a serious Bernie Sanders presidential run?
LanternWaste
(37,748 posts)But I get it... t-shirts need something on them other than a mere logo.
Nice work! (avoid comic-sans)
ProfessorGAC
(65,168 posts)greenjar_01
(6,477 posts)former9thward
(32,077 posts)Will people post when it goes back up?
Loki Liesmith
(4,602 posts)malaise
(269,157 posts)Johonny
(20,888 posts)tomorrow might be even better
Flaleftist
(3,473 posts)Fiendish Thingy
(15,657 posts)But anything that damages Trumps re-election chances cant be all bad...
IronLionZion
(45,528 posts)or at least some better corporate regulations
Johnny2X2X
(19,114 posts)This is 2000 points in 3 days. Market was due for a correction, the global economy is heading into a recession, Coronavirus is just a catalyst, the weakened middle class is the fuel.
the market has been WAY, WAY over its head, the sugar high for 45, and then what they always do, try to keep it from drawing back to help an R's reelection.
Hassler
(3,390 posts)Prosper
(761 posts)Trump said the stock market is 'starting to look very good' after the Dow plunged over 1,000 points