Stocks and oil in free fall

[WuWei]

@DougBH

This is basically going on all over the world. Is the government of every country a catastrophe? Which ones aren’t, and why?

[ImRightYoureWrong]

Looks like Trumpers are running out of hope. They have resorted to memes

[Cynic]

Watching grandpa try to be edgy and cool is hilarious

[enki]

@WuWei

@DougBH

This is basically going on all over the world. Is the government of every country a catastrophe? Which ones aren’t, and why?

Obama man bad?

https://twitter.com/realdonaldtrump/status/1236980284744241154?s=21

Not even a half day old.

[ImRightYoureWrong]

@Cynic

Watching grandpa try to be edgy and cool is hilarious

Internet points are SO cool

[Steel-W0LF]

Yup. Cheerleading and hoping for a while now:

Another recession warning

Flash PMI index falls under 50 signaling a contraction for the first time since 2013 corona virus was partially to blame but also to blame was companies worry about a wider slowdown… “With the exception of the government-shutdown of 2013, US business activity contracted for the first time since the global financial crisis in February. Weakness was primarily seen in the service sector, where the first drop in activity for four years was reported, but manufacturing production also ground a…

GDP Prediction for 2018Q3

both down big after earnings. AMZN down 8% GOOG 4% earnings were better than expected but revenue missed and AMZN’s forecast for q4 was low

Stocks getting killed again

dow down over 400 s&p down a lot more. seems like trumps tarrifs are starting to hurt companies a lot as more and more of them talk about their effect

The trump recession may be here

the institute for supply managments survey which shows the health of the manufacturing sector fell to 49.1 in august. Any reading below 50 is contraction. the reading for export orders fell to its lowest since april of 2009. so much for trumps claim we have the best economy on record. stocks have plunged as a result with the dow down 400

Manufacturing index falls to lowest in a decade

the ISM Purchasing Managers’ Index fell to 47.8 in september the lowest since june 2009. a reading under 50 indicates contraction in the manufacturing sector. this is the second straight month under 50. economists blame trunps trade war for the slump are we winning yet? https://www.cnbc.com/2019/10/01/us-manufacturing-economy-contracts-to-worst-level-in-a-decade.html

Recession warning

What has trump done for the economy or the average American He gave huge tax cuts to corporations which blew up the deficit despite his claims the would pay for themselves He started a trade war that has cost Americans billions and has crippled farmers He’s managed to have worse stock market returns than Obama The trade deficit hasn’t dropped despite his tariffs

[Cynic]

Not one of those has anything that is “cheering” or “hoping”.

[enki]

Warnings are not “cheerleading and hoping”. They are warnings.

Zookeeper: “Don’t go in the lion cage, the lion will attack you.”

Visitor: “You want me to get attacked?!”

”There’s a recession coming.”
“You just have TDS!”

”There a recession coming.”
“You hate Trump!”

The recession comes.
“Look at what you libs did!”

[Cynic]

Sell sell sell sell sell sell sell!

[thinkingman]

we’ve just crossed over from obama’s economy to trump’s economy.

[Cynic]

The Trump Slump!

[WuWei]

@ImRightYoureWrong

Looks like Trumpers are running out of hope. They have resorted to memes

I gave up on hope for libs long ago.

[PizzaReverend]

And down 2000 at the closing bell.

[WuWei]

@enki

Obama man bad?

No, he’s ready to be President now. Of course it would probably kill him.

[PizzaReverend]

I believe that’s the worst single day point loss in history.

I think it cracks the top 10 percentage wise as well, but I could be wrong.

[moonshine]

down 2000 at the bell
either the worse day since the crash of 87 or the second worse depending on the exact final numbe

[noSpaces]

Woohoo

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

[moonshine]

not in the top 10 percentage wise but #11

[PizzaReverend]

@moonshine

not in the top 10 percentage wise but #11

Wowzer.

[TommyLucchese]

@moonshine

down 2000 at the bell
either the worse day since the crash of 87 or the second worse depending on the exact final numbe

Worst since the Great Recession. Still not super great.