Posted on 11/26/2021 4:08:14 AM PST by C210N
(Reuters) - U.S. stock index futures slumped on Friday, with travel, bank and commodity-linked stocks bearing the brunt of the selloff, as the discovery of a new and possibly vaccine-resistant coronavirus variant spooked investors ahead of a short trading session.
(Excerpt) Read more at finance.yahoo.com ...
DOW futures down over 800 around 7 AM.
News stories, and there are many to choose from to post here, are using the cover that it is due to covid variants. Is it?
Deep States aren’t happy with their hoi polloi.
Therefore beatings will continue until morale improves.
Lots of theories...i am going with feds leaked to GS about raising rates which led to caution from GS and their stock taking a dive
These type headlines are absurd.
COVID drops market.
It’s not oil price. It’s not Russia threatening Ukraine. It’s not rampant inflation. It’s not consumer confidence. It’s not a host of other negative indicators.
It is definitely the COVID striking us down.
Deep States financial system, fiat-dollar, BTC, are going down.
In addition to dow futures, BTC is down a similar percentage.
Yeah. I was thinking the same thing. This market is way overvalued.
The FIAT dollar itself is way WAY WAY OVERVALUED
real estate too.
Yeah, uh, new Corona variant. That’s what caused it. Definitely not Democrat legislation, Joe Biden’s bungling if the economy, or proposed and actual trillions of new spending that won’t grow an economy.
The original “virus” hasn’t been isolated. If the original “virus” hasn’t been isolated, how could the existence of any “variants” be proven?
Thanks for that story link.
Just viewed a clip, presumably today, of a SA flight landing in Amsterdam, with the pilot telling the passengers that they won’t be able to disembark due to the “new variant”.
Has it sunk in that that is by design? The media and some "medical professionals" convinced the entire world that we're all going to die from a disease that hasn't been isolated yet, and that the only way we could survive is by letting the government control every aspect of our lives.
The whole stock market feels like December 1999.
In April 2000, the NASDAQ began the dot-com meltdown and proceeded to drop 70%.
Inflation, supply chain issues, printing money, heavy debt loads with low interest loans, housing bubble, construction materials sky-high, labor shortages and rising wages, etc.
Maybe a “Minsky Moment” (when everyone suddenly and all at once realizes they are at the peak of a bubble and panic sell)?
$GME will change the world. Hedgies r F’d. 🚀🚀🚀🚀🚀
TARF excuse. Plain
MBSs and CDOs in trouble again. Autos/vehicles, deflation less money in circulation due to high prices.
Housing MBSs . Wages unable to offset cost of living prices.
Watch for another coming TARF and Stimulus.
BOO! OK, investors are SPOOKED. In before ‘spooked’ becomes a banned word.
The market is a scam anyway. If you’re lucky, you can add a few tens of thousands of dollars to a pension + social security after 40 years or so.
The communists’ line about “the rich get richer” is misleading. The market is most certainly rigged, except it’s to make hedge funds, politicians and the pedophile ruling class stupid rich, while destroying and bankrupting companies that the hedge funds feel are vulnerable. Where did Toys ‘R’ Us go? Crushed by the hedge funds.
“the discovery of a new and possibly vaccine-resistant coronavirus variant”
Who believes this propaganda garbage?
Here’s an original source of the hysteria:
https://www.theguardian.com/world/2021/nov/24/scientists-warn-of-new-covid-variant-with-high-number-of-mutations
“Only 10 cases in three countries have been confirmed by genomic sequencing“
TEN CASES!!!!
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