Stock Market Turmoil: Dow Jones Jumps and Dives in Day of Turbulence (-588.47)

NBC ^ | 08-24-2015 | by Erin McClam

[VanDeKoik]

“Then the market staged a dramatic comeback and almost erased its losses, coming within about 115 points of break-even. By late afternoon, stocks were sinking again — and the Dow closed down nearly 600 points. “

I guess the Fed money pump didn’t quite do the trick.

Wonder how much that costs us, and if they have enough paper in the printers for the next 4 days???

[Cowboy Bob]

Fears that China’s economy is not as healthy as it appeared to be?

Who think it appears healthy?

[PoloSec]

Look on the bright side, it was only half as bad as it could have been.

[Paladin2]

To me, rational P/Es are 7 - 13.

[RIghtwardHo]

Meh. Just a correction. Too much faith was placed in the Chinese economy. Nothing much for the long run.

[erod]

Bush’s fault.

[McGruff]

Can I come out of my bunker now?

[Paladin2]

Why would a rational country borrow $$$ by the container ship from China?

[fatnotlazy]

Should I take my money out of the bank and put it under the mattress?

J/K

[Patton@Bastogne]

.

everyone should listen to this hilarious “Stalinst Propaganda” ...

http://www.cnbc.com/2015/08/24/stocks-plunge-in-historic-rout.html

.

[Tenacious 1]

Can I come out of my bunker now?

Can I come in?

[SampleMan]

Precisely my take.

[SampleMan]

I’ll believe correction when I see 12,000. Everything above that is still sitting on QE.

[Jeremiah Jr]

The stock market whipped between nauseating drops and roaring comebacks on Monday in a historic day of turbulence.

Keep this link handy...

http://money.cnn.com/data/world_markets/americas/

Has tabs for Europe and Asia

Oy gevalt!

[MichaelCorleone]

I guess Erin McClam doesn’t see anything wrong with the past seven years of budget deficits going exponential, crushing regulations toward business (not the least of which Obama’s EPA effectively shutting down the coal industry), 100 million out of work and on gov’t assistance, Obamacare and the illegals bankrupting the healthcare system, and a host of other economic ills plaguing the USA economy.

Nope, it’s all about China.

[RayChuang88]

I think it's just a noisy, social media-fueled correction that has been long awaited. I do think there are a lot of investors still sitting on the sidelines with US$4 TRILLION in liquid assets waiting to jump in as "bargain hunters"--here comes Warren Buffett!

[samtheman]

Why would a rational country borrow $$$ by the container ship from China?

To fund an invasion of illegals signing up for welfare and free medical care.

[PGalt]

music for the market…

https://www.youtube.com/watch?v=qAkbRHCt60E

enjoy (CRANK IT UP)

[Red Badger]

......and George SoreAss.......................