Posted on 08/24/2015 4:00:11 AM PDT by EBH
U.S. stock index futures screamed lower, with Dow futures (Chicago Board of Trade: @DJ.1) tumbling more than 400 points, as fears surrounding the health of China's economy multiplied.
These concerns saw the benchmark Shanghai Composite (Shanghai Stock Exchange: .SSEC) index notch up its biggest one-day percentage loss since 2007 on Monday, closing down 8.5 percent .
Panic spread to European markets, with the pan-European FTSEurofirst 300 (FTSE International: .FTEU3) as much as 3 percent in early London trading. All major bourses were off a similar amount. The index has shed over $1 trillion in market value in August so far.
(Excerpt) Read more at finance.yahoo.com ...
Heck. AT&T pays over 5%. I have actually considered putting my entire estate in AT&T and living off the dividends. If the stock price cuts in half what do I care as long as it pays dividends which it has been doing forever.
Wait till the next OPEC meeting and the rest of the opeckers get the Saudis into a room and give them a talking to. They’ll cut back, I suspect.
Jeff Green bought 100,000 shares of face book.
But at what price? And suppose the Iranians decide to take out a Saudi oil terminal? It all changes in a flash.
5 mins to close.
900 trading days without a correction until this past week.
4 mins to close.
At this very moment BP’s divy return is 7.6%. Wow. Alway a decent chance that dividend will be dropped, but still.
2 mins to close.
538 down
Make America great again - get the hell out of financing and protecting the world.
-585.66 at close.
585 down
Added to my position in that company today, too.
It is over!!!!
; )
Amazing.
I’m watching this play out on several sites today and yet it is bittersweet, watching today’s liberalism/statism failures play out. The sad thing, the whole country is going to have to suffer for their failures.
These statists have spent their lifetimes, especially those from the radical liberal 60’s movement, to ignore the Constitution and bring their type of big-government to the masses by infiltrating government, political parties, the media, the entertainment industry, Wall Street and eventually dominating many places of influence in this country. This cabal over the decades succeeded their statist big government dream by putting this country, and our future, in trillions and trillions of dollars in debt. That massive debt does not phase them but the reality of what they brought and that failure, will affect us all. Let no libtard tell you the Constitution is a living breathing document, to allow them to manipulate it as they wish, because we see the reality and failure of what happens when they are allowed to do so.
I know you libtards read here, you can’t help yourselves. I read today on local news comments sections, the libtards are already blaming Bush again. Bush had his problems but it took many decades of failed progressive big-government to get us to this point.
As a Christian, we are not supposed to hate people but the type of destruction you libtards helped bring to America, because of your ignorance, really makes it hard not to. You really need to wake up to the failures of today’s liberalism/statism and help us get back to the Constitution and limited government in order for us to have a chance or you can double-down on your stupid failed agenda and continue helping with your destruction of America.
CGato
FYI volume is up 230%.
I saw that too. I Was watching the volume as much as the indexes today.
My investment strategy is to simply live off the dividends and not even attempt to make money off trading. I don’t sweat these ups and downs too much.
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