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S&P 500 drops 7%, triggering NYSE ‘circuit breaker’ trading halt for 15 minutes
CNBC ^ | 03/12/20

Posted on 03/12/2020 6:42:46 AM PDT by Enlightened1

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The only real threat I see is the Supply Chain.

Making President Trump's point that we should not depend on China so much.

1 posted on 03/12/2020 6:42:46 AM PDT by Enlightened1
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To: Enlightened1

Trump is right on China, but he’s been wrong on the virus. He deserves criticism. Not insane MSM criticism, but it has not been his best work.


2 posted on 03/12/2020 6:44:24 AM PDT by Taipei
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To: Enlightened1

Suspened the dmm market!


3 posted on 03/12/2020 6:44:28 AM PDT by cowboyusa (America Cowboy Up)
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To: cowboyusa

That’s an idiotic idea. You don’t suspend the market in an environment like this, you find the bottom, then rebuild.


4 posted on 03/12/2020 6:45:50 AM PDT by Taipei
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To: Taipei

Not if it falls through the floor.


5 posted on 03/12/2020 6:46:44 AM PDT by cowboyusa (America Cowboy Up)
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To: Taipei
he’s been wrong on the virus. He deserves criticism. Not insane MSM criticism, but it has not been his best work.

Trump is not a doctor. He depended on the "experts" (people at the CDC and NIH) whose job is supposedly to be on top of this stuff.

They kicked into standard Swamp Bureaucrat mode and weeks of valuable time was lost. Trump's biggest weakness since the start IMHO has been the tendency to delegate to and rely on people who cannot be trusted.

6 posted on 03/12/2020 6:46:46 AM PDT by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer)
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To: Taipei
Trump is right on China, but he’s been wrong on the virus. He deserves criticism.

Yes he was too optimistic, and should have shut down travel, or at least quarantined travel from Italy much sooner.

He said many of the right things last night, but he looked pretty tired (for him) as he read his speech.

It's not clear anything could have been done in our fairly open society that would have really helped. But it might have.

7 posted on 03/12/2020 6:46:53 AM PDT by Pearls Before Swine
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To: Taipei

How should he have done better about the virus?


8 posted on 03/12/2020 6:47:57 AM PDT by Freedom'sWorthIt
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To: Taipei

There really isn’t much he can do to prevent this thing outside of putting the entire country on lock down.


9 posted on 03/12/2020 6:49:44 AM PDT by chris37 (Impeach Chief Obama Injustice Roberts, a fraud, a clown and a tyrant!)
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To: Freedom'sWorthIt

Early testing....the CDC is under HHS? Cabinet level?


10 posted on 03/12/2020 6:49:45 AM PDT by Drago
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To: Buckeye McFrog

Trump and his political aides muzzled the disease experts in an effort to present an optimistic view and prop up the economy. This is what he deserves criticism for.


11 posted on 03/12/2020 6:50:16 AM PDT by Taipei
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To: Enlightened1

I wonder what people will do when the market hits zero.

I wonder if investors will feel better then.


12 posted on 03/12/2020 6:50:19 AM PDT by chris37 (Impeach Chief Obama Injustice Roberts, a fraud, a clown and a tyrant!)
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To: Buckeye McFrog

I feel like that’s not exactly what happened. Seems like they were saying to take it seriously and he was saying that it was a hoax and people should not change their behavior and keep going to work even if they have the virus.


13 posted on 03/12/2020 6:50:45 AM PDT by babble-on
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To: cowboyusa
Hasn't fallen through the floor. Looking at the five year chart, it's still basically a correction.
14 posted on 03/12/2020 6:50:51 AM PDT by palmer (Democracy Dies Six Ways to Sunday)
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To: Enlightened1
TURN THOSE MACHINES BACK ON!!!!!...............
15 posted on 03/12/2020 6:50:54 AM PDT by Red Badger (If people were to God like dogs are to people, the world would be a really great place..............)
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To: Enlightened1

Thank God we are dependent on China for just about everything we use

/s


16 posted on 03/12/2020 6:51:06 AM PDT by eyeamok
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To: Enlightened1

Yep. I see this as seriously damaging globalism. And this speaks to my tag line.


17 posted on 03/12/2020 6:51:58 AM PDT by cuban leaf (The political war playing out in every country now: Globalists vs Nationalists)
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To: Drago

It may not have helped that the administration officials in charge of monitoring global pandemics were fired in 2018 and never replaced.


18 posted on 03/12/2020 6:52:12 AM PDT by babble-on
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To: Freedom'sWorthIt

Really getting tired of the sniping.


19 posted on 03/12/2020 6:52:16 AM PDT by cowboyusa (America Cowboy Up)
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To: Drago

Early testing? They did not have tests to use early. How could they have known?

HHS is cabinet level.

I don’t get your complaints/suggestions.


20 posted on 03/12/2020 6:53:19 AM PDT by Freedom'sWorthIt
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