Posted on 10/09/2014 1:25:44 PM PDT by blam
Myles Udland
October 9, 2014
Markets had a rough day on Thursday, with the Dow falling more than 300 points and each of major stock indexes giving up all of their gains from yesterday's huge rally while bond yields fell around the world as the US 10-year Treasury bond fell to its lowest level in 15-months.
First, the scoreboard:
•Dow: 16,659.3, -335, (-2%)
•S&P 500: 1,928.2, -40.7, (-2%)
•Nasdaq: 4,378.3, -90.2, (-2%)
And now, the top stories on Thursday:
(snip)
(Excerpt) Read more at businessinsider.com ...
They won’t be able to keep the balls in the air much longer - less than a year.
But...but... Obola says everything is fine. WTH?
Surely he wasn’t lying?
This is not possible. Obola says we are doing great, we’re just too stupid to realize it...................
Obolas’ solution is no Wall Street and redistribution until there’s nothing left.
Here’s what you need to know: the S&P had four ten-point reversals today. That’s about the equivalent of 100 DJII points. It’s a tractor trailer starting to jackknife on the ice.
Obama has also said at various times that we should not pay attention to the daily gyrations of the stock market. So if asked I’m sure Obama’s thoughts would be “what me worry”? sort of like Alfred E. Neuman from Mad magazine.
Crude is down 20% from June highs.
The pros are saying buy now.
I’d rather the bull statue on Wall Street come alive, run to DC and run through the administration until there is nothing left.
But Obama’s supporters routinely point to the stock market as evidence of what a great job he’s doing on the economy.
The illegal regime of hussein/holder/jarrett has orchestrated EVERYTHING that’s going awry. The markets are tumbling due to the pro-union policies and support for the minimum wage. The rise of ISIS is directly due to hussein’s scheme to place America under Sharia Law. The outbreak of Ebola in Texas is also part of the regime’s program. In fact, after church last night, one of the member mentioned that real estate values all over North Texas are cratering since no one wants to buy in an area targeted for widespread death by hussein. My side job used to be in real estate (hence my FR name) and what he said rings true.
Of course they are. They need somebody to sell to.
That’s what I’ve been noticing the most, the stark drop in oil. It had been so stable, for such a long while. What it might portend, I can’t rightly say. But it does seem a lot of things are getting really hinky right now.
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