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Dow tanks nearly 500 points, Wall Street blames Mueller probe.
Posted on 12/14/18 at 3:32 pm
Posted on 12/14/18 at 3:32 pm
This is seriously what FBN talking heads are claiming, the uncertainty of what Mueller is going to divulge has the markets freaked out. Here's a few reasons for the recent market gyrations, tariffs and trade talks with China, rising interest rates, investors believing a correction is due, general slowing of the global economy..., Mueller investigation? I don't think so. Why does Wall Street care if Mueller brings the hammer down on Trump, hell most of the Wall Streeters are Progs/Globalist anyway...., unless they actually think Trump is a good portion of why stocks are up over 25% since he was elected....hmmm.
This post was edited on 12/14/18 at 3:38 pm
17
Posted on 12/14/18 at 3:36 pm to Bass Tiger
Uncertainty bad for business
there is a lot out there
Also, business around the world is slowing down
there is a lot out there
Also, business around the world is slowing down
Posted on 12/14/18 at 3:38 pm to Bass Tiger
Its down for the year right?
Posted on 12/14/18 at 3:39 pm to bmy
Try to contain your glee
Posted on 12/14/18 at 3:40 pm to gthog61
quote:
Try to contain your glee
Fluctuations mean nothing
Posted on 12/14/18 at 3:42 pm to bmy
quote:
Its down for the year right?
Yep. One has to believe if Trump is bad for America the markets would be rallying if Mueller was about to deliver the goods or maybe it's the exact opposite, maybe Trump is good for America and Wall Street is concerned the economy is going to suffer if Trump is impeached or removed from office. IDK
Posted on 12/14/18 at 3:43 pm to Bass Tiger
sounds like I need to buy VIX
Posted on 12/14/18 at 3:45 pm to bmy
quote:
Its down for the year right?
Yes, so it is a perfect time for you to empty the barista tip jar and buy you a few stocks on the cheap.
Posted on 12/14/18 at 4:00 pm to bmy
quote:You wouldn't have to ask that question if you actually owned any stocks.
Its down for the year right?
Posted on 12/14/18 at 4:04 pm to Bass Tiger
quote:Mueller adds to uncertainty.
Why does Wall Street care if Mueller brings the hammer down on Trump
Posted on 12/14/18 at 4:05 pm to LSURussian
quote:
You wouldn't have to ask that question if you actually owned any stocks.
True i'm a poor
Posted on 12/14/18 at 4:06 pm to NC_Tigah
I think China and trade has more to do with the markets than Mueller?
This post was edited on 12/14/18 at 4:07 pm
Posted on 12/14/18 at 4:10 pm to Bass Tiger
quote:
most of the Wall Streeters are Progs
Posted on 12/14/18 at 4:20 pm to WildTchoupitoulas
quote:
quote: most of the Wall Streeters are Progs
Don't shake your head, a shite load of Wall Streeters are Globalists and that is part of the progressive ideology
Posted on 12/14/18 at 4:24 pm to Bass Tiger
I know most people I talk to are less optimistic about the economy after November. Freaking socialists being elected has cooled the PE and VC markets substantially.
Many of the folks I work with (Family offices, PEGs, and other extremely high net worth types) are acting much differently now than a few months ago.
Many of the folks I work with (Family offices, PEGs, and other extremely high net worth types) are acting much differently now than a few months ago.
Posted on 12/14/18 at 4:42 pm to TOKEN
quote:I think computerized trading, and consumer vs trader sentiment dichotomy are heavily involved
I think China and trade has more to do with the markets than Mueller?
Posted on 12/14/18 at 4:50 pm to Bass Tiger
Honestly if Trump were removed from office, not much would change structurally in the American economy. A Republican would take over and continue a similar agenda and companies would not adjust strategy very much.
Posted on 12/14/18 at 5:40 pm to Bass Tiger
Wouldn’t this be Obama’s fault? I mean he was credited for the gains so why not the downturn?
Posted on 12/14/18 at 5:44 pm to Bass Tiger
quote:
investors believing a correction is due
We had two pullbacks of around 8-9% earlier this year and are down 11% from the late September high. I’d say we’ve seen the correction.
Posted on 12/14/18 at 5:50 pm to Bass Tiger
quote:
One has to believe if Trump is bad for America the markets would be rallying if Mueller was about to deliver the goods
The markets only dictate what is good for business, not what's good for America.
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