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What's the cause for the sudden downturn in the stock market?

Posted on 11/20/18 at 8:36 pm
Posted by euphemus
Member since Mar 2014
536 posts
Posted on 11/20/18 at 8:36 pm
Trump tax cuts losing steam? Trade war escalation and surrounding uncertainty? Fed rate hikes? Dems taking the house? Or something else?
Posted by rpg37
Ocean Springs, MS
Member since Sep 2008
47465 posts
Posted on 11/20/18 at 8:38 pm to
quote:

Fed rate hikes


Posted by Balloon Huffer
Member since Sep 2010
3421 posts
Posted on 11/20/18 at 8:38 pm to
what goes up, must come down.

There will be a correction. There MUST BE.
Posted by KosmoCramer
Member since Dec 2007
76526 posts
Posted on 11/20/18 at 8:39 pm to
Hiked the rates, Dems took the House, Apple stock signaling a bigger issue, Trump tweeting to Adam Schitt, hundreds of other things.

Posted by fjlee90
Baton Rouge
Member since Nov 2016
7837 posts
Posted on 11/20/18 at 8:40 pm to
Not sure. I assume it’s the generic white mans fault though.
Posted by saintforlife
Member since Aug 2008
1044 posts
Posted on 11/20/18 at 8:40 pm to
What I want to know is where are Trump's tweets taking credit for the Dow going down from 27000 to 24000, if he took credit for the market going up earlier.
Posted by umop_apisdn
Member since Sep 2017
3673 posts
Posted on 11/20/18 at 8:41 pm to
Not enough suckers falling for the $1200 iPhones.
Posted by Tiger4Ever
Member since Aug 2003
36702 posts
Posted on 11/20/18 at 8:42 pm to
Where is Obama taking credit for the downturn? He started this...remember? Trump didn’t build this economy....
Posted by Lou Pai
Member since Dec 2014
28123 posts
Posted on 11/20/18 at 8:46 pm to
Trump!
Posted by Seldom Seen
Member since Feb 2016
40254 posts
Posted on 11/20/18 at 8:47 pm to
quote:

What's the cause for the sudden downturn in the stock market?



Democrats winning the House.
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 11/20/18 at 8:57 pm to
Aliens or the deep state, which, per Q, is one in the same!!!!
Posted by BestBanker
Member since Nov 2011
17481 posts
Posted on 11/20/18 at 8:58 pm to
Wealthy taking profits.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123945 posts
Posted on 11/20/18 at 9:00 pm to
quote:

What's the cause for the sudden downturn in the stock market?
Rate hikes, international slowdown, Dem House.
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
11809 posts
Posted on 11/20/18 at 9:06 pm to
quote:

What I want to know is where are Trump's tweets taking credit for the Dow going down from 27000 to 24000, if he took credit for the market going up earlier.

Trump was an idiot for gloating about the stock market but it’s still way up from his election so this is a dumb post.
Posted by Dale51
Member since Oct 2016
32378 posts
Posted on 11/20/18 at 9:10 pm to
quote:

What's the cause for the sudden downturn in the stock market?

Temporary saturation and restructure?
Posted by cokebottleag
I’m a Santos Republican
Member since Aug 2011
24028 posts
Posted on 11/20/18 at 9:11 pm to
End of Obama taking credit for the economy, of course.
Posted by RCDfan1950
United States
Member since Feb 2007
34946 posts
Posted on 11/20/18 at 9:13 pm to
Congressional Dems in power. Foolishness across the board.
Posted by scrooster
Resident Ethicist
Member since Jul 2012
37655 posts
Posted on 11/20/18 at 9:15 pm to
Overvalued big tech which has lost the confidence of the people combined with the trade war, fed rate hikes (a real biggie and they always frick GOP POTUSes, big drop in crude, and the list goes on and on.)

It'll go back up, it always does.
Posted by tarzana
TX Hwy 6--Brazos River Backwater
Member since Sep 2015
26189 posts
Posted on 11/20/18 at 9:15 pm to
quote:

Democrats winning the House

Not a factor. Try disappointing performance of the so-called FANG sector: Facebook, Apple, Netflix and Google.
Posted by cajuncarguy
On the road...Again!
Member since Jun 2013
3135 posts
Posted on 11/20/18 at 9:20 pm to
Tech companies are causing most of the drop. Facebook, Apple, etc are tanking. They were so over valued.
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