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Started By
Message
re: Dow tanks nearly 500 points, Wall Street blames Mueller probe.
Posted on 12/14/18 at 5:57 pm to Bass Tiger
Posted on 12/14/18 at 5:57 pm to Bass Tiger
Wall Street has gone straight down since the dems took the house
Everybody knows they will try to sabotage the economy to win in 2020.
Maybe they will be successful.
Any lib who tries to say the dems are not fervently rooting for a recession is a liar.
Everybody knows they will try to sabotage the economy to win in 2020.
Maybe they will be successful.
Any lib who tries to say the dems are not fervently rooting for a recession is a liar.
2
Posted on 12/14/18 at 6:07 pm to Bass Tiger
quote:
the uncertainty of what Mueller is going to divulge has the markets freaked out.
Not the only thing but a big portion of it.... Trump's deregulation and pro-business stance is what caused a good potion of the uptick to 26k. The uncertainty of whether he will be around post-investigation along with the Dems taking the house is a factor in the downturn over the past 2 months or so.
Posted on 12/14/18 at 6:10 pm to IrishTiger89
quote:
not much would change structurally in the American economy. A Republican would take over and continue a similar agenda
Disagree, the filth within the Rep party are as bad as those on the left. They are all for the status quo and don't have the balls to use executive order like Obama did to deregulate, along with truly negotiate and not get fricked by other countries.
Posted on 12/14/18 at 9:19 pm to TOKEN
quote:
I think China and trade has more to do with the markets than Mueller
I believe there's more concern about a 25 bps raise at the next FMOC meeting is going to flatten or invert the yield curve. That would be bad news for stocks in general and "dividend" stocks in particular.
Posted on 12/14/18 at 9:21 pm to Canada_Baw
What measuring stick are we using?
Posted on 12/14/18 at 9:37 pm to Bass Tiger
What did healthcare stocks do today?
Posted on 12/14/18 at 9:59 pm to ljhog
I'm diversifying into crytpos and bitcoin. Just suffering too much agita from the stock market blues lately, and it's so unnecessary. Why did the president go whole hog on tariffs? It's Smoot-Hawley and Hoover déjà vu, all over again.
Posted on 12/14/18 at 10:12 pm to tarzana
quote:
I'm diversifying into crytpos and bitcoin.
Posted on 12/14/18 at 11:07 pm to Tmcgin
500 points is NOTHING when the dow's at 25,000. I remember when it first cracked 5000, back in 1992. THEN, 500 points meant something, cause it was 10% of the total. now it's 2% of the total. It would have to be 2500 pt drop to mean as much.
Posted on 12/14/18 at 11:08 pm to Bass Tiger
quote:Obama's economy!
Dow tanks nearly 500 points
Posted on 12/14/18 at 11:39 pm to Bass Tiger
BS, it's the Chinese market and Euro market slowdowns
It was false bubble predicated on business thinking they were going to control Trump..
It was false bubble predicated on business thinking they were going to control Trump..
Posted on 12/14/18 at 11:48 pm to gthog61
quote:
Wall Street has gone straight down since the dems took the house
Posted on 12/15/18 at 8:49 am to Bass Tiger
Wall street journal is owned by the same company as FOX.
Wall street is the swamp.
Share links of these wall street talkers.
Wall street is the swamp.
Share links of these wall street talkers.
Posted on 12/15/18 at 8:56 am to Bass Tiger
Behind the op thread is the swamp. Don't rock the gravy train.
Rather than stating the root cause: trump has committed obstruction and nothing he says is true and unless he can subvert justice he is going down down down, they blame the police.
Do you think China trade is the real reason?
Rather than stating the root cause: trump has committed obstruction and nothing he says is true and unless he can subvert justice he is going down down down, they blame the police.
Do you think China trade is the real reason?
Posted on 12/15/18 at 9:32 am to ecb
quote:
BS, it's the Chinese market and Euro market slowdowns
This.
First was this news out of China:
quote:
BEIJING--China's business activity mostly slowed in November, as industrial production and retail sales showed renewed weakness, while investment improved slightly, official data showed.
Value-added industrial output in China rose 5.4% in November from a year earlier, slowing from a 5.9% on-year increase in October, the National Bureau of Statistics said Friday. November's figure missed economists' median forecast for 5.9% growth.
Retail sales in China rose 8.1% in November from a year earlier, slowing from an 8.6% on-year gain in October and missing economists' median forecast for 8.8% growth.
...then markets in Japan and Hong Kong fall 1-2%.
Later in the day European markets open down 1-2%.
Still later in the day, when the markets open in New York, trading is down 1-2%.
The only rational conclusion?
It must be the Mueller investigation.
The fact is that Trump's Chinese tariffs are having the effect he wanted, declining productivity in China. The effect of that decline is that investors world wide lose money - including American traders. We're paying a high price for the tariffs, I can only hope the outcome more than makes up for the short-term losses.
Posted on 12/15/18 at 11:17 am to gthog61
quote:
rooting for a recession is a liar.
you don't understand at all.
Recession is not needed to take down trump.
He committed enough crimes to be impeached.
Obama had to deal with recession. Dems don't want to hear excuses why we can't help the less fortunate. No more bailing out wall street.
Posted on 12/15/18 at 11:20 am to Bass Tiger
While there are many reasons for the dow tanking I also don't think Pelosi with a Speakers gavel helps.
Posted on 12/15/18 at 12:11 pm to WildTchoupitoulas
quote:
fact is that Trump's Chinese tariffs are having the effect he wanted, declining productivity in China. The effect of that decline is that investors world wide lose money - including American traders. We're paying a high price for the tariffs, I can only hope the outcome more than makes up for the short-term losses
outcomes. Plural.
Whose oxen are being gored?
The long range answer trump is looking for is revaluation of yuan. That would eliminate most of the whining on our end but hurt western China's poor.
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