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Do you really KNOW why the Stock market has been WEAK since early Oct?
Not the point of this thread, dummy.![]()
No deplorables bragging about the Dow losing another 500 pts today?
Hmm...
I've already made my money back plus.
Sure you have, sweet pea. That's why you were posting here in the middle of the night - because you're so wealthy.![]()
Sure you have, sweet pea. That's why you were posting here in the middle of the night - because you're so wealthy.![]()
For the record, when Obama left office the Dow was at 19,732. The Dow closed today at 23,593. If there are eight more days of 500 point losses, we will be below where we started two years ago.
There are nine more trading days left this year.
The S&P 500 was at 2,274 when Obama left office. Today it is at 2,546 after losing 54 points. If there are six more days of 45 point losses, we will be below where we started two years ago.
There are nine more trading days left this year.
The NASDAQ was at 5,555 when Obama left office. Today it closed at 6,753 after losing 157 points. If there are eight more days of 150 point losses, we will be below where we started two years ago.
There are nine more trading days left the year.
Which is a perfect example of the strength of the market that was GIVEN to the present administration.
That wasn't the issue. All I was pointing out was that based on the current rate of collapse, we'll be back where we started two years ago by the end of this year.
It took two years to get this far, and in a month we'll back where we started.
"Why the US economy will likely fall into a recession next year'
https://www.foxbusiness.com/economy/why-the-us-economy-will-likely-fall-into-a-recession-next-year
"Trade wars are a good thing"...
US stocks suffer worst week in a decade
US stocks suffered one of the worst weekly falls in a decade as trade tensions with China, interest rate rises and a possible government shutdown rattled markets.
All three indexes closed lower, with the technology-focused Nasdaq down 20% since its peak, placing it in so-called "bear market" territory.
The Dow Jones Industrial Average recorded its biggest weekly drop in percentage terms since 2008.
The S&P 500 fell 7% for the week.
It is the biggest weekly percentage drop since August 2011 while the Nasdaq's 8.36% decline is the sharpest since November 2008.
The Dow Jones fell 6.8% during the week.
Do you really KNOW why the Stock market has been WEAK since early Oct?
US stocks suffer worst week in a decade
US stocks suffered one of the worst weekly falls in a decade as trade tensions with China, interest rate rises and a possible government shutdown rattled markets.
All three indexes closed lower, with the technology-focused Nasdaq down 20% since its peak, placing it in so-called "bear market" territory.
The Dow Jones Industrial Average recorded its biggest weekly drop in percentage terms since 2008.
The S&P 500 fell 7% for the week.
It is the biggest weekly percentage drop since August 2011 while the Nasdaq's 8.36% decline is the sharpest since November 2008.
The Dow Jones fell 6.8% during the week.