A drop of 600 was predicted by someone recently. Can’t remember who it was. I’m sure some of you guys know tho...: )
What does Obama care? He’s not invested, and he’s not running again.
I guess we can blame him for it going up all year too.
Obviously this is the fault of the three or so Republicans who called for ending tourism from Africa. Everybody knows that Nigerian tourists bring at least $45M in small bills with them in a duffel bag.
Barack Hussein Obama!!!
Not nearly as bad as 1987 the second worst day in stock market history.
I’d bet the GOP could just run no ads at this point and still end up with super majorities if this keeps up.
-451 at 1:28.
Fuel prices can’t drop the way they are without having SOME affect on the economy.
There are many, many implications to a $1.00 plus price drop.
POTUS golf time.
Must be fear of cold weather coming.
Dow now down 434...? Thanks Obama!
...
If he gets the blame now, did he get the credit for the market going up. How about the dismal stock market performance while W was in power?
When you’ve lost the crony capitalists, you’ve lost your cover.
Last time I was talking stocks on FR, the DOW was at 17078, I admitted to sitting on some cash, and was wondering if sitting on it was the right thing to do.
7% later, I’m feeling good about my cash. (For now!)
I may think about select stocks when it goes under 15,000, but may still sit on a fair amount of cash anticipating <14,000.
yeah, well, he is there to destroy capitalism, so...
As of 20 minutes ago the Dow is now down 422.98
Thank the MSM for it being higher than it should have been for so long due to their conspiring to hold back the bad news that the Obama administration has been generating for years.
Good. That's a healthy sign of sanity returning, because only a crazy person would think stocks were actually worth what they've been valued at over the last fifteen years.
Once stocks finally lose enough value and puts an end to the vampire leeches who've been enriching themselves at the expense of opportunity for those who have something real to contribute, then maybe we can then restart the economy on the basis of rewarding real work and real productivity.
This will mean that tarrifs will have to be placed on imported goods from countries that pollute and exploit workers.
There is no reason for American businesses with civilized, responsible treatment of the environment and of workers, to have to compete with companies employing workers who live in huts breathing polluted air and drinking polluted water.
Nor does it make sense to expend time, resources, precious energy, and to pollute the air and seas by schlepping this stuff across an ocean.
The cheap gizmos imported from overseas, are poor recompense for how small town America has been gutted by loss of jobs and for how that process is now extending to urban areas as white collar jobs are being replaced by the internet.
All that misery visited on Americans for the sake a few glittering trinkets.
Americans have been had in the same way Native Americans also sold their land--"The Heart of Everything that Is"--for a few glittering trinkets.