Market rout wipes out 2 years of trumps rally

[Smyrna]

@tnt

Who is celebrating?

The OP

[tnt]

@Adam

I find it funny that you keep claiming to be the great predictor of this causing problems for China which would affect us. That was a basic understanding of everyone for literally weeks. We all saw that coming. Its the second largest economy. Once our airlines stopped flights there it was ridiculously obvious. Not sure why you’re taking laps for stating the obvious.

he also is on record saying the stopping of the airlines wouldn’t effect us much, and supply lines linked to china wouldn’t be badly effected. It’s weird that he now is pretending that he was bearish on things from teh start.

[tnt]

@Smyrna

The OP

It’s a statement of fact. I don’t see any celebration in the OP.

Celebration would be like ‘suck it trump! Your market gains are gone!’

[Smyrna]

@tnt

It’s a statement of fact. I don’t see any celebration in the OP.

Yeah…I know. There’s no pattern to his threads…none. Carry on.

[westaussie]

What is certainly a pattern is the response to criticism of trump: the accusation of TDS.

[Smyrna]

@westaussie

What is certainly a pattern is the response to criticism of trump: the accusation of TDS.

It’s the level of criticism…relative to what’s actually being criticized that determines TDS and you…are an expert in this area.

[westaussie]

No, it is the stock response when someone has the temerity to criticise Trump. It has nothing, absolutely nothing, to do with the merit of the criticism of Trump.

[Zodiac]

There is a pattern to his threads, he doesn’t celebrate in them.

[Mountain_Soldier]

Not here obviously.

[Mountain_Soldier]

@NuffSaid

@conan

Well get use to it libs…specially when you vote for Bernie.

So, the Dow dropping under a Sanders administration would be Bernie’s fault (based on your “logic”).
So, using the same logic, this drop is Trump’s fault.
Good to know that.

It is according to the OP.

[Mountain_Soldier]

@FreeAndClear

@conan

They’re all walking around with grin on their faces…until mid summer when virus will be long gone and market/economy comes roaring back. Once again deflating their hopes and dreams.

And I’m going to laugh at em.

mhmm; My favorite part was when the US credit rating got downgraded and you guys were jumping up and down. Hopes, dreams… etc

The hollier than thou act is precious, predictable but precious.

And you’re not celebrating this bad new for Trump?

[FreeAndClear]

Where?

[FreeAndClear]

Not sure how my post got quoted cuz where am i blaming Coronavirus on trump?

[FreeAndClear]

@H_Arendt

@FreeAndClear

I think the market has become (always was) so emotional that it’s possible that it touches 30 by November.

Now i am seeing analysts saying that many companies won’t show a profit this year. If that happens then my prediction is for ■■■■

Those analyses have been available for weeks… this correction is somewhat overdue.

Now, do you think the President is responsible for falling corporate profits?

Nope.

[FreeAndClear]

@TommyLucchese

@Bomberfox

You were totally right about this sort of movement conservatism that turned into trumpism.

Oh yeah, these sort of movements follow a pretty standard historical path. It all started after 9/11 really, but it was when they were rather dramatically swept out of power that it really turned dark. After all, pure Good can’t lose to pure Evil. Not without traitors in their ranks or other insidious acts.

Or being stabbed in the back!

[tnt]

@Smyrna

Yeah…I know. There’s no pattern to his threads…none. Carry on.

Best not to comment on a historic drop in the DOW. Might upset some people.

Got it.

[NebraskaFootball]

@Kevhead

@NebraskaFootball

Nothing that single most powerful person in the world, who is in control of the largest and most consuming economy in the history of the planet can ever say or do anything that would ever impact investors decisions. Okay then

So you’re saying this is Donald’s fault? He is in control of the largest most consuming economy in the history of the planet.

Not at all. But he is a contributing factor for certain. As President he had the ability to calm investors fears with a factual, complete accounting of what is known and what is being done. But he chose not to do that. And instead he contradicted his own experts trying to play down the risk. He blindsided his own HHS Secretary by placing Pence in charge of the response at the last minute. Who then went and added Kudlow and Mnuchin to the team for God only knows what reason? Certainly not their expansive medical knowledge.

Investors and the market are emotional and impacted by their emotions. Calming fears could have helped stem the losses. Failing to calm fears inevitably causes losses to grow.

[NebraskaFootball]

@SeaManatee

The man who just learned the flu kills a lot of people each year is on top of this.

No kidding. Trump truly is the most ignorant, intellectually incurious person to ever be in this office.

[WuWei]

@NebraskaFootball

Not at all. But

[Ceasar]

@NuffSaid

@H_Arendt

@conan

We will let readers decide who.

A lot of people took losses today… and the impact will be felt across the political spectrum.

Some posters think that “libzes” are all gloating over the Dow drop, like none of the libzes have anything invested in 401K or stocks.

I think they are so nuts they are willing to lose prosperity & wealth to see Trump hurt. So the solution is a socialist economy that we indeed will have a horrific economy…