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Posted on 03/26/2026 12:39:47 PM PDT by MinorityRepublican
Doubt is taking over again from hope on Wall Street about a possible end to the war with Iran, and stocks are back to falling as oil prices rise Thursday.
The S&P 500 sank 1.4%, more than erasing its gain from the day before, and is back on track for a fifth straight losing week. That stretches back to before the war with Iran began, and it would be the longest such streak in nearly four years.
The Dow Jones Industrial Average was down 384 points, or 0.8%, with an hour remaining in trading, and the Nasdaq composite was 2% lower.
Stock markets likewise fell sharply across much of Asia and Europe. They’re the latest flip - flops for financial markets in a week that began with President Donald Trump’s announcement of productive talks about ending the war. That led to Iran’s public dismissal of a U.S. ceasefire proposal, while Iran issued its own plan, which includes reparations for the war.
(Excerpt) Read more at apnews.com ...
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Thank you, Ape Pee. Anyway.......
Too bad Camel didn’t win.
Just like last year when Trump started the tariff talk in February. I made a nice amount between April and October.
petroleum stocks are doing fantastic, though ... SHEL has gone up almost 14% in the last month ...
John Maynard Keynes, who had large gains and losses speculating on the stock market, realized that the economics of an asset don’t determine its price, but the traders’ views of the economics of the assets do.
Once again you post an article (with bad news for the US) without commenting. Are you glad the stock market went way down, or are you sad? I’m guessing the former.
And another AP BS story.
The Stock Markets going down is a good thing. It allows those who missed the bus a chance to jump on board because we know where it’s headed after the war is over.
Is there any other kind?
This is frustrating to watch, the free world's largest economy driven by feelings??
Volatile oil prices; can you even believe it? Like Gambling at Rick’s.
Where’s the BS? It’s a concise, factual article.
ALL markets are feelings-driven.
The counterweight is objective reality.
In times of upheaval, the former trumps the latter.
That’s a nice way to look at it, but no president in the history of the republic measures his success by the stock market’s performance more than our current one. He mentioned it yet again at today’s cabinet meeting.
Yes they are! Good to look on the bright side. I was afraid to invest in petroleum stocks like SHEL because I just didn’t know enough (international holdings and complications, higher shipping and insurance rates, etc.) So I went with futures.
USO (oil futures ETF) is up over 42% for the month.I bought a nice little pile of it on Feb 26,
USG (gasoline futures ETF) is up over 35% for the month. I bought some on the Monday morning dip.
It’s been a wild ride, but they’ll go up and up for awhile, with more troughs along the way as investors are swayed by every announcement.
OK
“Are you glad the stock market went way down, or are you sad? I’m guessing the former.”
We bottom feeders hope it goes down more.
Hush! Facts and reality will not be tolerated by the idolaters.
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