Uhm, anyone notice the stock market today? 10/10/18

[conan]

Tech and Amazon got filthy rich during Obama years while blue collar workers suffered.

They want the status quo back.

[Adam]

But can we all agree that the Dow dropping over 800 points(more than 3%) and Nasdaq dropping over 300(more than 4%) is worth discussing?

[Apocalypto]

Those extra $40 every paycheck is nothing to sneeze at!

[DOLOOP]

@Adam

But can we all agree that the Dow dropping over 800 points(more than 3%) and Nasdaq dropping over 300(more than 4%) is worth discussing?

It’s Obama’s fault.

And Hillary’s.

[Plasmaball]

Pfffffft…

Lol…hahahahahaahahhaa…

Sigh…and you are serious

[koushi_shinigami]

@ImRightYoureWrong

Trump bubble about to pop. Say hello to $1trillion+ deficits and seeing your 401k lose 15% or more. But hey you got a tax cut.

YES!!! Which means I can invest more in my 401k!

Thank you President Trump!!

[Apocalypto]

Blame everyone except the idiot in chief who’s been in power for the past two years, too predictable.

[DOLOOP]

@conan

Most tech companies and Amazon are extreme liberal…they will do anything to help their cronies to get back power.

Hmmmm. Amazon crashing their own stock, throwing billions in equity down the toilet, in hopes for one good day in November.

I admire the creativity in this thinking.

[reflechissez]

@moonshine

4th 700 point drop this year (depending on teh final closing numbers). before this year it had only happened once in history

Not sure why the absolute number is significant. It’s the percentage that matters.

[hindsight]

@conan

Most tech companies and Amazon are extreme liberal…they will do anything to help their cronies to get back power.

IT MAKES SO MUCH SENSE YOU ARE SO SMART YOU FIGURED OUT THEIR SECRET PLANS YOU WIN

[mobiusptc]

@conan

Are you denying they’re extreme liberal? Are you denying they want their power back?

What part of Amazon is extremely liberal? The way they run their warehouse? The way they raised their pay but took away other parts of compensation? Their total capitalistic business model by crushing all competitors? Or is Amazon liberal because the owner also owns the Washington Post?

[mobiusptc]

Also still waiting to see how it was liberal exaggerating against…or is this one of those fake news instance. It so hard to keep track with the ever evolving Trumpist dictionary that changes hour by hour

[Publius]

Closed down 800+… no exaggeration.

[Apocalypto]

3rd worst decline in history.

[Apocalypto]

Fat donald’s tariffs. Greatest negotiator evah!

Dow falls 832 points in third-worst day by points ever | CNN Business

Continued worries about a slowdown in China’s economy – especially as trade tension with the United States has escalated – were also dragging down the broader market.

[zantax]

@Adam

@conan

That’s it, talk the economy down or sabotage it in time for election.

I’m sorry you don’t think it’s a story, but when the Dow drops holy ■■■■ 750 and counting, it’s newsworty.

Not really, given how high the Dow is now, that would be equal to a 325 point drop in 2008, not good but not something everyone would panic over either. looks like it’s closed down 831, so make that a 415 drop in 2008 or a 250 point drop in 1998. So it’s basically a 3% correction. Or if you prefer, like it had closed down 64 points in 1988. It doesn’t even break the top twenty in terms of percentage drops. Not saying it’s great news but it’s not holy ■■■■ territory by any stretch. They’re ticked the era of free fed money is over, they’ll get over it.

[DOLOOP]

@reflechissez

@moonshine

4th 700 point drop this year (depending on teh final closing numbers). before this year it had only happened once in history

Not sure why the absolute number is significant. It’s the percentage that matters.

It has emotional value, but it shouldn’t. Just like how ceilings or floors can build around round numbers like 20000 or 1000, I guess

[DOLOOP]

@zantax

@Adam

@conan

That’s it, talk the economy down or sabotage it in time for election.

I’m sorry you don’t think it’s a story, but when the Dow drops holy ■■■■ 750 and counting, it’s newsworty.

Not really, given how high the Dow is now, that would be equal to a 325 point drop in 2008, not good but not something everyone would panic over either. looks like it’s closed down 831, so make that a 415 drop in 2008 or a 250 point drop in 1998. So it’s basically a 3% correction. Or if you prefer, like it had closed down 64 points in 1988. It doesn’t even break the top twenty in terms of percentage drops. Not saying it’s great news but it’s not holy ■■■■ territory by any stretch. They’re ticked the era of free fed money is over, they’ll get over it.

You think it’s not newsworthy? That a 3% drop of 250 points in 1998 would not have been newsworthy?

That is, after all, the claim you’re refuting here.

[zantax]

@DOLOOP

@zantax

@Adam

@conan

That’s it, talk the economy down or sabotage it in time for election.

I’m sorry you don’t think it’s a story, but when the Dow drops holy ■■■■ 750 and counting, it’s newsworty.

Not really, given how high the Dow is now, that would be equal to a 325 point drop in 2008, not good but not something everyone would panic over either. looks like it’s closed down 831, so make that a 415 drop in 2008 or a 250 point drop in 1998. So it’s basically a 3% correction. Or if you prefer, like it had closed down 64 points in 1988. It doesn’t even break the top twenty in terms of percentage drops. Not saying it’s great news but it’s not holy ■■■■ territory by any stretch. They’re ticked the era of free fed money is over, they’ll get over it.

You think it’s not newsworthy? That a 3% drop of 250 points in 1998 would not have been newsworthy?

That is, after all, the claim you’re refuting here.

No, what I was refuting was the holy ■■■■ reference. The news reports the DOW numbers every day.

[CaughtInTheMiddle]

@Jezcoe

@conan

That’s it, talk the economy down or sabotage it in time for election.

Hilarious.

Millions of people got together and decided to sell low.

This board never disappoints me in how little they know about certain things.