Don't people remember: "As long as the roots are not severed, all is well. And all will be well in the garden."
Posted on 10/02/2019 3:05:29 PM PDT by Berlin_Freeper
Stocks got slammed for the second day in a row on Wednesday after weak payroll numbers stoked fears that President Trump’s trade wars were slowing down the US economy.
The Dow Jones Industrial Average dropped by nearly 600 points, to a low of 25,974.12, after data from ADP showed that private US employers had hired fewer workers than expected. The Dow ended the day down 494.42 points, or 1.9 percent, to 26,078.62.
The report, a precursor to the Labor Department’s more comprehensive jobs report due Friday, followed dismal numbers on US manufacturing Tuesday that showed activity was at its lowest level in more than a decade.
Investors are worried that the long-simmering trade war between the US and China is starting to hit business investment and could lead to a paring of hiring — and even layoffs, according to analysts.
(Excerpt) Read more at nypost.com ...
Over-reaction, as usual.
SorozNazi and his puppets in Congress and the media could well talk the economy down.
And now is the time they’ll do it, too.
Fortunately, and despite their sabotage of our defenses and trade negotiations, president Trump still has the economy booming on steroids. Therefore, any fall would at least be from today’s record highs. So that the total amount of suffering the D’s cause Americans may be less than, say, during the Obama depression years
I have a 39 9N. A new 4wd John Deere track tractor can run 600K. It can do a field by itself. The farmers have phone apps so they can setup their combine just how they want them for each crop or condition.
Yup. Recession looming. PDJT may as well toss in the towel.
All that and the instability of the country because of this impeachment scam.
BULL CRAP, I drive all over Blue New Jersey, nothing but “Help Wanted” signs everywhere.
It’s OCTOBER! !
Sounds like some of the tactics the Democrats are using are having the effect for which they wish. Maybe the reality will reverse the false narrative by the Democrats.
Don't people remember: "As long as the roots are not severed, all is well. And all will be well in the garden."
And when it recovers by the middle of next week what will the explanation be?
My dad and an uncle have rebuilt and sold quite a few Massey Fergusons (the only tractor to me) but demand has gone way down.
They have quite the collection.
A small Allis Chalmers they rehabbed gets used for a little plowing in a garden.
The dairy farmer that rents our crop land has gotten to the point of hiring out planting and harvesting. He still does all of the manure hauling and the hay bailing but when you can get it done in a matter of HOURS versus DAYS, it makes better sense to 'rent' some guy or gal with a $600K 'mortgage' hanging over their head, than to have that debt yourself. Especially in a volatile dairy operation.
Murdoch kids neverTrumpin’ again...
might be a good time to pick up some Royal Dutch Shell (B Shares) for those looking for a near-guaranteed 6%+ annual dividend ...
That being Bernie Sanders' medical alert hit the news this morning, propelling Wall Street hating Elizabeth Warren into the lead. YIKES...SELL SELL SELL
Buying opportunity.
What do you suggest?
Thinking about XOM.
Missed a good opportunity in early summer to get some T @ 28.50
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