Market rout wipes out 2 years of trumps rally

[NuffSaid]

@conan

What won’t happen? Bernie becoming your president or he wouldn’t kill off oil and gas industry?

Bernie is not killing off anything.

[WildRose]

And what’s the percentage loss for each of them?

[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.

[FreeAndClear]

The economy is going to be fine. The correction will resolve itself. If a D was president all the rational con posters in this thread would be lookign for nearest extinguisher to put out their hair.

[NuffSaid]

@Dissident_Aggressor

@NuffSaid

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.

Oh, you must be new here. That’s not how this works at all around here. If stocks tumble under Bernie, it’s clearly Bernie’s fault, circumstances be damned. If stocks tumble under Trump, it’s still Bernie’s fault, though he shares some blame with a common cold.

With the white washing of everything on January 20, 2017, I just was going with the flow.
I just figured that no one remembers how the blame was dispersed, based on party.

[ImRightYoureWrong]

https://mobile.twitter.com/realDonaldTrump/status/1232058127740174339

3 days ago lol

[Adam]

@WildRose

And what’s the percentage loss for each of them?

4.45%, 3.56% and 3.15%. Worst percentage days? No. Don’t see where anyone claimed they were the worst percentage days though. But it does amount to the DOW losing 3218 points in four days or 11%. Ain’t no way to spin that.

[WildRose]

Which doesn’t amount to a hill of beans unless you panicked and sold at a loss.

[Adam]

@WildRose

Which doesn’t amount to a hill of beans unless you panicked and sold at a loss.

I’m fine. I’ve got 20-25 more years. But you can’t minimalize this. 11% in four days is ■■■■■■■ awful.

[H_Arendt]

@conan

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

You must be fairly new to investing. Having watched these cycles for many decades I know that the occupant in the White House has only a small impact on how the market fares.

I fear you have bought into Trump’s line that he was responsible for the last three years of upward momentum coasting on the trends that started under Obama. You’ll learn.

Start by asking what impact the low bond yields of the best two years have had on equity values.

[Adam]

@ImRightYoureWrong

https://mobile.twitter.com/realDonaldTrump/status/1232058127740174339

3 days ago lol

We won’t be seeing any “How’s the DOW doing?” tweets any time soon. Which was always a stupid thing to do.

[WildRose]

It’s nothing we haven’t seen before and won’t see again.

List of largest daily changes in the Dow Jones Industrial Average

[FlameHeart]

This is all Trump’s fault! Orange man bad! >:(

[WildRose]

Not really it’s a good indicator of investor and consumer confidence.

[H_Arendt]

@Dissident_Aggressor

@NuffSaid

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.

Oh, you must be new here. That’s not how this works at all around here. If stocks tumble under Bernie, it’s clearly Bernie’s fault, circumstances be damned. If stocks tumble under Trump, it’s still Bernie’s fault, though he shares some blame with a common cold.

There is a major flaw in your reasoning. The blame would go as much to Barack Obama as to Bernie Sanders.

[NuffSaid]

@H_Arendt

@Dissident_Aggressor

@NuffSaid

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.

Oh, you must be new here. That’s not how this works at all around here. If stocks tumble under Bernie, it’s clearly Bernie’s fault, circumstances be damned. If stocks tumble under Trump, it’s still Bernie’s fault, though he shares some blame with a common cold.

There is a major flaw in your reasoning. The blame would go as much to Barack Obama as to Bernie Sanders.

Very true. When the housing bubble burst, posters on the old board blamed Carter, Clinton, and Obama. Notice which party’s Presidents were not included?

[WildRose]

You guys have been giving Obama credit for everything good that’s happened since Trump was elected.

[WildRose]

Bush had his share of the blame too because of his making homes affordable program.

[WCD9973]

@WildRose

Nothing the president can say will change the supply chain equation.

This is 100% accurate. I dont think (and I really hope) this is just a short term crisis and as soon as good news comes out, or the virus dies down, everything goes back up.

@WildRose

All the president can do is try to calm fears and prevent a panic.

Also agree. And boy did he fail and ■■■■ the bed on that task!

[Jezcoe]

So when the market is suffering because of fears over a global pandemic and the President is not showing any level of competence of reacting positively to the matter of the spread and containment of a novel virus, my first thought is “Damn… this makes Libs happy”

What world are some people living in?