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The Tremor before the Storm?

^ Agent Orange's sycophants are there to help his stocks and assets as much as they possibly can, so their policies favor more and more corporate profit, at the expense of everybody else. Those who hold the stocks and assets are doing extremely well, though.
 
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- - - Updated - - -

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So the left is hoping for economic collapse? Such nice people.

But then again, if you step back and think about it, we haven't had a recession now in an unprecedented length of time. We are way past due for one, just a natural business cycle.

The key is to think about which candidate would be more likely to successfully guide us out of one? A candidate with what amounts to socialist ideas, or Trump? I think we all know the answer to that one.


rareboy said:
So the Dow has dropped 700 points today as bond yield spreads start to spook the market.

It is almost a sure bet that the idea was to delay a recession until after the Dems win back Congress in order to blame the inevitable recession that is coming on them.

But Ford announcing layoffs as a result of Trump tariffs and the constant news about the spiralling US debt may be about to crash the market (it is October after all) before the voters get to the polls.

https://markets.businessinsider.com...mbles-more-than-300-points-2018-10-1027605643

Nothiing would have the voters turn with a vengeance on the GOP like an economic crisis.
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^ "Socialist ideas"? You mean like social security, paid vacations, sick leave, taxes, labor unions..?

Trump who, the one who got out of one bankruptcy into another through investment scamming, and who is the first to acknowledge that his daughter is better at business management than him? :rotflmao:
 
I forgot to post the last high at above 29,500.

Meanwhile, today...

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The Corona Virus panic is the perfect cover for the decline in manufacturing and trillion dollar deficits.

While TrumpCo. and the manipulators of the markets were gambling on the charade continuing forever despite the lack of real fundamentals driving consumption in the US until after the election in November....you can bet that they are all making money hand over fist in this manufactured 'correction'.

But Trump is certainly pissed that he can't command the Dow Jones and global markets to stay where they were....and probably really pissed that he couldn't blame a correction that was coming by autumn of this year on fears over Democrats being elected.
 
He blamed it on the Dem debates earlier this week. He's going to have to pull out Obama next. Of course it will end with everything being Hillary's fault.

Couldn't possibly be that everyone knows he gutted the CDC and put a blithering idiot in charge of the response - no, that can't have anything to do with it.

I also think that this was just the catalyst for what was bound to happen anyway.
 
^ That's adult life: ignoring how the world actually works, but refusing to admit you have remained a mental teen for decades.

And, obviously, pretending it's the others who are the clueless stupid.


Heck, even this very post could fit that description :rolleyes:

:cool:
 
rareboy said:
The Corona Virus panic is the perfect cover for the decline in manufacturing and trillion dollar deficits.,,pissed that he couldn't blame a correction that was coming by autumn of this year on fears over Democrats being elected.
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This was coming, coming...and the Virus was the spark, the catalyst, that set something off that was probably fixin' to happen well before the elections anyway. But this having moved the timing up, he failed to have the market tank when he hoped it would. (Yes of course he'd blame it on that if it happened in October or something.) Oh, crybaby didn't get the timing he wanted, aw, AWWWW...poor baby. Bless his heart. (said in the southeast USA/Texas sense, of course)

TX-Beau said:
He blamed it on the Dem debates earlier this week. He's going to have to pull out Obama next. Of course it will end with everything being Hillary's fault.

Couldn't possibly be that everyone knows he gutted the CDC and put a blithering idiot in charge of the response - no, that can't have anything to do with it.

I also think that this was just the catalyst for what was bound to happen anyway.
Click to expand...
He's WRONG to blame it on the debates, definitely! It's because Bernie won the Nevada caucus. Oh yeah, definitely, truly without any doubt...LOL. I mean, the debates didn't happen until after a couple of terrible sessions had happened this week. Or, maybe it's because of Hillary's child-sex-trafficking ring operating out of the basement of the pizzeria that doesn't even HAVE a basement.

Interesting that you came up with the same thought that I did (immediately when reading rareboy's post). Proof positive that great minds think alike. :mrgreen:
 
GOOD NEWS!

The DOW which was down over 2000 points has rallied! it's now only down 1700 points! REJOICE! I hope none of you older gents are living off dividends.

Of course it's all fake news invented by the "mainstream" media who is out to get his Tangerine Highness.

I blame Putin, who knew you couldn't trust a Russian dictator, they're usually such stable geniuses. Some talking head some time back - I think it was Rachel, said Putin was desperately trying to keep his regime from collapsing, maybe she's right.
 
Well, it closed back over 2000 down. I believe it's officially stormy.

The Dow Jones Industrial Average sank more than 2,000 points Monday, notching its worst day since 2008 as market angst over the spread of the novel coronavirus and a new oil price war sent investors scrambling for safety...

...President Donald Trump blamed the media and the oil price war for the stock rout on Monday, arguing in a series of tweets that lower gasoline prices are “good for the consumer”...
Click to expand...
https://www.msn.com/en-us/money/mar...ce-war-rocks-market/ar-BB10LJQs?ocid=primentp

HEY, relax, this all just really really good for all of you!

BLACK IS WHITE!
 
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