They are heavily discounting WW III fears.
“Dow down more than 450 points on recession fears”
I always get a kick out of these daily headlines about stock price movement. The people that write them generally have no idea what caused millions of people to do what they did that day as there are many different reasons individuals are buying and selling on a given day.
And for every buy there has to be a seller, and vice versa. One thinks the stock is a buy at the agreed price, the other thinks it’s a sell, no matter which way the “market” goes that day.
I look at years, not days.
3,000 points ago on the Dow and Brandon said there is no recession. Just an inch.
Funny how we no longer hear anything regarding “consecutive Friday week’s end when Dow is DOWN.
And yet we are giving money to a country to fight a war we have no business being involved in.
And the largest supporters of that are on this web site.
GREATEST ECONOMY EVER!!
What recession fears? We’re already in one, except according to the White House.
And we’re all surprised. The Rats destroy EVERYTHING.
..on recession fears...
Yesterday’s news today! In other news, Florida braces for Hurricane’s landfall...
Subtract all the “stimulus”, deficit spending/debt monetization and QE and you get a DOW-30 less than 20,000...a lot of downside potential left.
High interest rates is pushing me into good old CASH.
Recession? FJB will mention recession when we’re in a depression !