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re: DJIA opens at 7% down, trading halted

Posted on 3/9/20 at 9:28 am to
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 3/9/20 at 9:28 am to
quote:

Tried to tell you crew a week ago about what was coming.


You can thank RR's sister and the news media for what is happening right now. They love it, it's driving clicks and people will be tuning in to watch all of it.
Posted by EZE Tiger Fan
Member since Jul 2004
55404 posts
Posted on 3/9/20 at 9:30 am to
quote:

And even the Dems don't want the stock market and/or the economy completely destroyed over this crap.


Yes, they do.

Their media get ALL their talking points from the Dems.

Hell, look at the Filth posters here today celebrating.

They NEED this to happen. So badly.

Posted by Boatshoes
Member since Dec 2017
6775 posts
Posted on 3/9/20 at 9:31 am to
quote:

Stocks halted
CNBC


Why? It's a free market, is it not?
Posted by Jake88
Member since Apr 2005
77695 posts
Posted on 3/9/20 at 9:36 am to
quote:


It is ridiculous watching ANY President claim credit for a good stock market OR getting the blame for a bad one. 
How much do you think Trump's business tax cuts and decrease in regulation influenced the market?

I think there are times when the president's agenda is the clear number one market mover.
Posted by Hurricane Mike
Member since Jun 2008
20059 posts
Posted on 3/9/20 at 9:39 am to
quote:

I still don't think any president is ever fully responsible for the ups and downs of any stock market.

He has some influence but he is not driving it one way or the other.


People that blame/believe the President is responsible for the stock market going down because of a virus are the same stupid people that believe in Russian Hoax's.
Posted by WeeWee
Member since Aug 2012
43812 posts
Posted on 3/9/20 at 9:40 am to
quote:

It is ridiculous watching ANY President claim credit for a good stock market OR getting the blame for a bad one.



It might be ridiculous, but it is politics 101. Anything good that happens during a politician's time in office he or she gets the credit for. Anything bad that happens then he or she gets the blame.
Posted by BlackAdam
Member since Jan 2016
7027 posts
Posted on 3/9/20 at 9:46 am to
Making my friday IRA deposit today so i can buy tomorrow.
Posted by seawolf06
NH
Member since Oct 2007
8159 posts
Posted on 3/9/20 at 10:14 am to
quote:

It's a free market, is it not?


If you think we have a free market, then you're living with your head buried in the sand.
Posted by tjv305
Member since May 2015
12818 posts
Posted on 3/9/20 at 10:21 am to
This scare is killing older people’s retirements. It may take a year or too for the market to recover. With all the money companies are spending on sick leave and cruises/airlines letting you cancel and get all of your money back .
Posted by keakar
Member since Jan 2017
30152 posts
Posted on 3/9/20 at 10:55 am to
quote:

Anyone with any sense can see this is so overblown it's insane.


completely agree

quote:

And even the Dems don't want the stock market and/or the economy completely destroyed over this crap.


cant agree with you there at all. dimrats have shown clear evidence they are happily willing to trade a 30 year recession and global chaos as long as it gets rid of OMB
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