Lefties have been shouting about this year being bad for a while.
Posted on 01/15/2016 9:46:33 AM PST by TigerClaws
U.S. stocks traded sharply lower Friday after a slew of disappointing U.S. data, a fresh plunge in oil, taking it below $30 a barrel, and a sell-off in Chinese stocks added to mounting concerns about slowing global growth.
The S&P 500 fell below its August low of 1,867, briefly trading 3.5 percent lower in midday trade. The Nasdaq composite lost more than 4 percent in midday trade.
"I think it means we can continue to go lower. ... Crude continues to struggle as we continue to get mixed signals from China," said JJ Kinahan, chief strategist at TD Ameritrade.
(Excerpt) Read more at cnbc.com ...
We’re gonna die! All of us!
Now excuse me while I go pick through the rubble and see if there’s anything worth snapping up. :-)
Lefties have been shouting about this year being bad for a while.
Oil now at 4 cents a barrel.
Yep, it’s all about Obama. But somehow he’ll blame Bush.
The Obama Great Recession has come home to roost.
Just was expected last year. Now coming home to roost as people are not working despite the misleading stats.
I haven’t seen 17 cent gasoline since I was a pup!
Well this ought to really Support Hillary’s great Idea of increasing taxes!
Gas today is the same as it was in fall of 2002.
Unfortunately So are my Wages. (actually 2004 but hay its my story)
-482.60 at this moment.
If I had the money I went for the $0.19/gal “Panther Juice” for our 1958 Buick Invitva Wagon with the 400+ cubic inch Super Wildcat engine. It’s been so long I can’t remember the exact enigine size or what it was called but it might have been 455 CI with a HUGE Carter 4 bbl carb.
Fins on the back and the front. If...IF I hit 55mph the fins on the front would flap.
Dad finally traded it for a 67 Mustang convertible to satisfy mom, and me.
The ‘stang was great and a chick magnet but I miss the Buick land yacht!
I am so glad that yesterday I switched all of my 403b over to the fixed rate, guaranteed fund. I am officially out of the stock market. I used to ride things out because there was always a recovery in the long run but, with retirement looming at the end of the year, there is no longer a long run.
We had a ‘64 Olds Vista Cruiser wagon with a 330 high horsepower V8. It REQUIRED “premium”. It was a nice wagon; replaced a fifty-something Rambler with pushbutton auto tranny.
Every other Saturday we’d drive in to Denver and get gas in the guzzler and in several 5 gallon cans.
Those were the old days, mostly good.
We never got no Mustang convertible like you, you lucky dog.
I read that, on average, we have a recession every five years. We’re overdue.
I still have lots of lead.
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