Posted on 12/06/2018 7:11:45 AM PST by familyop
The Dow is thrashing around 500 down (~ minus 500) at the time of this writing.
Reuters
https://www.reuters.com/markets/stocks
Or Bloomberg, if you prefer. No content allowed from Bloomberg allowed here except title and/or link. Here's the link.
https://www.bloomberg.com/markets/stocks
Any speculation in regards to any honest causes? The economy has been getting better so far.
Yup. That’s my take on it as well.
For nearly three decades the Stock Market reflected an economy that benefitted elites.
In 2016 the people of the world began to say “enough!”
The economy is starting to be changed in ways that no longer benefit the elites as much. They are throwing their stampy-foot hissy fit, and the Dow reflects that.
Most Say Trump Reelection Likely in 2020
Tuesday, December 04, 2018
http://www.rasmussenreports.com/public_content/politics/trump_administration/november_2018/most_say_trump_reelection_likely_in_2020
Americans Are More Upbeat About U.S.-China Trade
http://www.rasmussenreports.com/public_content/politics/current_events/china/americans_are_more_upbeat_about_u_s_china_trade
Confidence In New Trade Deal with Canada, Mexico is Up
http://www.rasmussenreports.com/public_content/politics/general_politics/december_2018/confidence_in_new_trade_deal_with_canada_mexico_is_up
Online is Key For Holiday Shoppers This Year
http://www.rasmussenreports.com/public_content/lifestyle/holidays/november_2018/online_is_key_for_holiday_shoppers_this_year
The Federal Reserve, that is neither Federal or have the Reserves (why the no audits for transparency?), have raised the interest rates 7 times in less than 2 years on President Trump and are planning to raise it at least 5 more times to kill our recovery. This is even though they never raised it one time on Obama in 8 years.
Why does we allow a Private company to manipulate our stock market like this? The Federal Reserve claims they are trying to prevent hyper inflation. However, the only inflation we have is in salaries which was 3% year over year. Although people have not had raises in a decade this is not really “hyper inflation”.
One would think they would, sure, but we’re talking about a whole generation of leadership that’s been told by government to go-along-to-get-along ever since NAFTA. The people who built these companies are either retired or dead. Left in their place is a bunch of Ivy League-educated James Taggarts.
Exactly so....................
I was correct that the Deep State’s arrest of the Chinese company CFO was designed to scuttle the progress Trump had made with China. I was right.
1. It was overvalued, by traditional measures, to start with.
2. The highest portion ever of passive investing - index funds - which merely follow like lemmings any signal-trend.
3. Get what gains or losses you can by year end.
4. Obtain cash and equivalents for investing after the market settles down over the spring.
The sum of all the above.
Yes. She’s the daughter of a PLA big shot. Interestingly, though, security interests in the U.K. and several other important nations also see some the activities of Huawei as serious international threats.
And many firms, like Goldman Sachs
I think you nailed it, the big drops began around the time of the election, down 7% in a month. I also notice that now we have begun reporting on the stock market and the economy every news cycle for the first time in over a year...hum...why is that you ask? Simple because when the market goes down, it gives the press time to pile on Trump some more.
The dow right now is at 24400 down about 600+ today on top of tuesday’s debacle of 800 down. By historic standards there should be a pop in here to the upside soon, probably around 24000.
The woman who was arrested, by the way, is the daughter of the company’s founder. Some bigwigs in China may see the arrest as a some kind of calculated move against their national image and international influence.
It will be interesting to see how it plays out. I’ve wondered if there might be some continuing vestiges of empire in the national psyche over there.
Wouldn't worry about it.
Yes. The complaining has begun here on oil prices, too.
Trump Throws Hail Mary Tweet on Eve of OPEC Meeting
http://www.freerepublic.com/focus/f-news/3711012/posts
Gas is less than two dollars a gallon at the pumps in parts of the South and Midwest, and holiday spending is higher.
Well over 700 points down now (Dow).
Drudge has his screaming headlines up about it, of course. That would seem to have some extra effect.
Yep - $1.93 on the MS Gulf Coast...I paid $2.55 for premium the other day and it had been over $3.15 a few months ago.....as prices head up again, it will keep the Yellow Vests pissed at Macaroni...might be an egg shortage in France.....
“It will be interesting to see how it plays out. I’ve wondered if there might be some continuing vestiges of empire in the national psyche over there.”
In my view, China’s never gotten over their empire tendencies. They’re still fully authoritarian, have elected a de-facto president-for-life with Xi, and are exerting their power and influence over their smaller neighbors and disputed territories. Same with Russia, although they’re considerably less powerful.
But Trump policies have not resulted in an equivalent raise in spendable monies for even skilled workers ( I ask). For instance, Safeway workers told me they got a penny per hour raise.
I know, that as a senior, SS raise a joke, and 18 taxes will be more.
The raggy, slimy soft goods at Chicos to Walmart are ugly, and not worth a tenth of the raised prices.
Food is expensive and more people needing to use coupons and sales.
I live in both upper and lower middle class area by choice.
Faux conservatives in America still haven't learned. Empower the middle class, and you stabilize the economy. Same ol as now happening again, the system fights back.
Economics minus 101.
I just remembered that much of the American-”based” manufacturing has been happening on foreign soil for a long time. Interesting, with bonds going up, too (prices up, yields down). We’ll see how some of the newer manufacturing on U.S. soil does.
Who cares? I do. Anyone with a 401K should care.
These investors are whimps/sic? Who do you mean? I invest, spouse invests, kids invest...
Anyone in my family who is employed could be impacted by lower company valuations, and if 700-point daily drops continue they won’t be the only ones facing layoffs.
I am wondering if this is not a market manipulation on part of anti-Trump Deep-Staters.
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