News Dow bouncing around -1000

[Muse]

With government officials competing for who can shine Trump's lil nob the best for the cameras confidence is low that this situation won't get way out of hand.

https://twitter.com/x/status/1237037807765512192

Azar is a clueless tool.

 

[glenn1]

Where are the Bolsheviks when we need them, huh?

Too busy either losing to Joe Biden or out of the race after coming in 3rd in her own state and blaming sexism. Either way they're not the cavalry on the way to rescue you like in your fantasies.

 

[pmv]

Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. It will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up from less competent people.

Liquidate the Kulaks! Liquidate the bourgeoisie as a class!

Oh wait, wrong kind of true-believers. I get them confused.

 

[pmv]

Too busy either losing to Joe Biden or out of the race after coming in 3rd in her own state and blaming sexism. Either way they're not the cavalry on the way to rescue you like in your fantasies.

You seriously think Sanders and Warren constitutes 'the Bolsheviks'?

 

[herm0016]

Errr...I think the investor class will just own more after this downturn. They're the ones flush with cash to buy up cheap stocks, real estate, etc.

yep. and all of us that have been working our asses off and investing on a smallish scale in the markets and real-estate are totally fooked.

 

[glenn1]

You seriously think Sanders and Warren constitutes 'the Bolsheviks'?

Doesn't matter since Joe would happily reinstate the "Obama put" and change the moral hazard mode to "deity" setting again. So either way the capitalists win big, either by going short and profiting from the decline or by bailout afterwards. Either way the poors are going to have a lot less sh!t afterwards. See how Wall Street reacted the day after Super Tuesday when it became obvious that Bernie wouldn't be the nominee.

 

[[DHT]Osiris]

See how Wall Street reacted the day after Super Tuesday when it became obvious that Bernie wouldn't be the nominee.

Are you seriously trying to attribute literally anything in the market right now to Bernie? In the middle of a fucking global pandemic?

Come on man, you can do better than that. You didn't even include the word socialism in that post.

 

[Homerboy]

Are you seriously trying to attribute literally anything in the market right now to Bernie? In the middle of a fucking global pandemic?

Come on man, you can do better than that. You didn't even include the word socialism Communism in that post.

To be fair, I see the use of "Communism" being thrown around a lot more than "Socialism" now. They've gone full derp.

 

[glenn1]

Are you seriously trying to attribute literally anything in the market right now to Bernie? In the middle of a fucking global pandemic?

Come on man, you can do better than that. You didn't even include the word socialism in that post.

LOL yeah I'm sure the former Senator from MBNA and the other credit card companies who was the prime driver of current bankruptcy law would really scare Wall Street straight. Hell, they'd probably make bigger bets with him in charge than they would with Trump since the Democrats would actually presume (wrongly) that Biden would be on the case and try to keep them in check rather than enable them. At least Trump only cares about enriching himself.

 

[K1052]

Wall St execs are being summoned to a meeting Wednesday at the WH where I can only presume Trump will yell at them for letting his stock market go down.

 

[[DHT]Osiris]

Wall St execs are being summoned to a meeting Wednesday at the WH where I can only presume Trump will yell at them for letting his stock market go down.

A this rate, by Wednesday the stock market will be lower than Obama's final score. I wonder how happy Trump will be at that point.

 

[vi edit]

Well, I'm sitting this one out for a bit longer.

Yeesh.

 

[fleshconsumed]

this is funny...

Top 8 Largest Dow Jones Drops in American History.
1) Trump: -1,191 2/27/20
2) Trump: -1,175 2/5/18
3) Trump: -1,032 2/8/18
4) Trump: -1,031 2/24/20
5) Trump: -879 2/25/20
6) Trump: -831 10/10/18
7) Trump: -800 8/14/19
8) Trump: -799 12/4/18
WINNING.

DOW is down 2000 points right now, time to update the list?

 

[[DHT]Osiris]

Oh don't worry Al, I'm looking at them.

 

[vi edit]

For a President obsessed with numbers, I think we need to make this one stick. Not just holding the biggest decline in history, but doubled that one too!

Biggliest loss in market history!

 

[zinfamous]

You seriously think Sanders and Warren constitutes 'the Bolsheviks'?

conservatives don't know shit about ...well, history and general book learning.

 

[fskimospy]

I think we should keep listening to Larry Kudlow who is a widely noted expert on the economy. Just looking at him calling things in December of 2007 - hard to argue he missed this one.

Bush Boom Continues | National Review

There is no recession. Despite all the doom and gloom from the economic pessimistas, the resilient U.S economy continues moving ahead “‘quarter after quarter, year after year'” de…

www.nationalreview.com

There’s no recession coming. The pessimistas were wrong. It’s not going to happen. At a bare minimum, we are looking at Goldilocks 2.0. (And that’s a minimum). Goldilocks is alive and well. The Bush boom is alive and well. It’s finishing up its sixth consecutive year with more to come. Yes, it’s still the greatest story never told.

 

[georgie123]

Woo..

 

[Homerboy]

For a President obsessed with numbers, I think we need to make this one stick. Not just holding the biggest decline in history, but doubled that one too!

Biggliest loss in market history!

Don't you get it though? It's all the democrats and MSM's fault for spreading the hysteria! THey are the ones that shut down Italy. Caused S. Korea to test virtually every man woman and child. This is the Dems' faaaaaaaaaaaaaaaaaaaaaaaaaaault!

 

[glenn1]

I think we should keep listening to Larry Kudlow who is a widely noted expert on the economy. Just looking at him calling things in December of 2007 - hard to argue he missed this one.

Bush Boom Continues | National Review

There is no recession. Despite all the doom and gloom from the economic pessimistas, the resilient U.S economy continues moving ahead “‘quarter after quarter, year after year'” de…

www.nationalreview.com

Could be worse, Trump could have hired Krugman for the job in which case we'd be truly fucked.

 

[sandorski]

Wall St execs are being summoned to a meeting Wednesday at the WH where I can only presume Trump will yell at them for letting his stock market go down.

He's on top of this crisis.....when millions are quarantined, out of Work, and can't pay their Bills, I wonder if he'll do anything.

 

[sandorski]

Could be worse, Trump could have hired Krugman for the job in which case we'd be truly fucked.

lol, sure.

 

[ShookKnight]

Muh stock markets!! Muh stock markets is doing great - thanks to Muh President!!!
-Fucking Idiot

Every 'plus' and 'positive' and 'well, at least he is...' has turned to utter SHIT.

 

[soundforbjt]

Wall St execs are being summoned to a meeting Wednesday at the WH where I can only presume Trump will yell at them for letting his stock market go down.

Trump @ meeting: "Screw with whoever/whatever you have to... the ONLY thing that matters to me is getting re-elected! It's in the U.S. interests (Mine), so I think it'll be ok."

 

[fskimospy]

Could be worse, Trump could have hired Krugman for the job in which case we'd be truly fucked.

lol.