[E. Pluribus Unum]

The plunge protection team's little October Surprise.

[V_TWIN]

I see it as a chance to buy cheap.

[palmer]

If this is an October surprise, it's way too small. Also Trump has been wisely tamping down the markets with the trade skirmishes. The market was way too hot and too high and vulnerable (weak hands). You can tell that's the case when millenials mindlessly "invest" in momo stocks. Lots of other tells too.

The markets were weaponized against McCain as well, but McCain was far too limp and stupid to fight back.

[ZULU]

It TIME to END the FED!!!!!!!

[ncalburt]

Trump is questioning the motives of the rate hike .

https://www.thegatewaypundit.com/2018/10/after-the-fed-screws-president-trump-again-he-states-the-obvious-the-fed-has-gone-crazy/

The federal is a Dem Party institution and Globalist playground.

[JPG]

Smells like another Get Trump.

[Road Warrior ‘04]

As I’m watching, the drop right now is only 27 points.

[TruthFactor]

Amazon, Google, Twitter and Facebook are going to be seriously looked at for their leftist bias after the election. Money is fleeing them.

[Buckeye McFrog]

Investors know that Big Tech has taken sides with the Democrats and its not going to end well.

[Delta 21]

What good is hi-tech when you cant successfully use it to devestate your enemies judicial nomenee?

Damn computers!

[Moonman62]

President Donald Trump criticized the Fed’s strategy on more than one occasion on Wednesday, saying that the central bank was “making a mistake” by raising rates. In a telephone interview with Fox News later that day, he said he wasn’t happy with the Fed, and that it was “going loco” and there was no reason for them to continue to raise rates at the pace they were doing.

...

He’s absolutely right. The Federal Reserve causes recessions and they may be looking to cause one in time to cause Trump problems for his reelection.

Furthermore, these economic cycles caused by the Fed manipulating interest rates hurt America, especially the wage earners.

We would have less inflation and more prosperity if the Fed let the market determine interest rates.

[SoFloFreeper]

at 8:15 central time the futures are down 55, not 300.

[Cold War Veteran - Submarines]

Anybody else find the timing of this sell off a bit more than curious?

[Red Badger]

It’s a minor correction.

People should get a grip...............

[SMGFan]

first 30 minutes and no drop like yesterday.

[Theoria]

The markets ran up in the beginning of Obamas reign. They pulled back with a large drop. This is a similar cycle.

Pullbacks are a fact of life.

[rollo tomasi]

This isn't an “October surprise”, the Feds have owned around 40% of Treasuries since 2008 during that “kick the can down the road” “recovery”. Quite a few were 10 years and had to be held until maturity due to the sheer amounts. This is fall of 2018, “recovery” accelerated fall of 2008. How can you liquidate over $3 Trillion without raising interests rates.

The Feds are funding the government, why does everyone think this is the Feds fault? We are in charge of electing these politicians that spend like drunken soldiers, not the Feds. The Fed is just an entity that WE created (Government) because we want things now, on credit, and feel future generations need to pay for it.

Oh, btw, those QEs are going to be calling soon.