Posted on 08/31/2015 5:02:31 PM PDT by SkyPilot
The month of August can be pretty rough for stock investors. But this August has earned its place in the record books, as stocks were unsettled by uncertainty over the state of affairs in the world’s second largest economy, China.
As far as Augusts go, this has been the worst in nearly two decades for the Dow Jones Industrial Average DJIA, -0.69% The Dow posted a roughly 6.4% decline in August, which marked the worst month in more than five years for the market gauge, which tracks the performance of 30 stocks. Comparing the month with other Augusts, the blue-chip index registered its worst August since 1998, based on data from Dow Jones.
Overall it was the sixth worst monthly performance for the Dow and the worst since May 2010, when the Dow dropped 7.9%, according to FactSet data.
Meanwhile, the broader U.S. stock benchmark, the S&P 500 SPX, -0.84% posted a 6.3% fall in August, its worst monthly tumble in more than three years. Stacked up against other August returns, the S&P 500 marked its worst fall since 2001, when it tumbled 6.41%, according to Dow Jones research.
(Excerpt) Read more at marketwatch.com ...
I wonder how long it is until our government does the same thing that China did today - arrest those who tell the truth.
Hundreds arrested as Beijing launches stock market crackdown
“Unexpected”
Bush’s Fault!!
Prediction: The Dow will set a record "rebound" a few days before Thanksgiving as Congress passes a 4 trillion dollar "stimulus" package before it leaves town.
Somebody pin this post on their bulletin board and see if I ain't right.
“Recovery Summer part 6”
Regulatory capture is the rule of the day on Wall Street.
America is now the enemy of the G-d of Abraham, Isaac, and Jacob.
Frau Yellen can pull every rabbit out of her hat and it won’t work.
America is aligning itself with the pagan entity of the Saudis.
This won’t end well.
I always see sensationalist titles like this and think, “Well, 17 years ago somehow we survived, and I don’t even remember it happening.”
Futures for tomorrow are getting hammered right now.It could be a bad day tomorrow. We know more when Asia opens.
I'll go the other way.
Dow collapse before mid October.
And that is why we are going to get hammered by God.
You’re on.
But if it does collapse, we can thank the Central Bank Udder Suckers for accelerating our demise into hell.
And that's only if he doesn't fall for the "sky is falling" mantra.
The stock market is being propped up by the trillions of dollars being spent by Barry and Miotch and Boner.
Once those "profits" are taken, it's time to hit the reset button.
Unexpected!™
That is, if we ever have another election in this country.
And that's only if he doesn't fall for the "sky is falling" mantra.
I see a storm coming. So do many others. You don't.
It appears to me that Barry and Jorge are making their move soon. They are not going to wait. The time for them to strike will be the next crisis. And we may not have to wait long.........
- 6% and the lying media keeps saying this is the best economy ever
Month DJIA 9/1/1931 -30.70% 4/1/1932 -23.68% 3/1/1938 -23.67% 10/1/1987 -23.22% 5/1/1940 -21.70% 10/1/1929 -20.36% 5/1/1932 -20.01% 6/1/1930 -17.72% 12/1/1931 -17.01% 2/1/1933 -15.62% 8/1/1998 -15.13% 5/1/1931 -15.03% 9/1/1930 -14.77% 11/1/1973 -14.04% 10/1/2008 -13.95% 10/1/1932 -13.50% 9/1/1937 -12.87% 11/1/1929 -12.64% 9/1/2002 -12.37% 4/1/1931 -12.28% 2/1/2009 -11.72% 9/1/2001 -11.08% 11/1/1937 -10.83% 10/1/1930 -10.52% 3/1/1939 -10.50% 9/1/1974 -10.42% 10/1/1937 -10.41% 8/1/1974 -10.41% 6/1/2008 -10.19% 3/1/1932 -10.02% 8/1/1990 -10.01% 7/1/1931 -9.85% 11/1/1931 -9.71% 9/1/1929 -9.70% 3/1/1931 -9.45% 11/1/1948 -9.07% 12/1/1930 -9.03% 11/1/1932 -8.97% 3/1/1980 -8.97% 9/1/1946 -8.86% 1/1/2009 -8.84% 6/1/1962 -8.49% 10/1/1978 -8.47% 1/1/1960 -8.35% 7/1/1934 -8.04% 11/1/1987 -8.02% 9/1/1933 -7.98% 5/1/1962 -7.81% 7/1/1933 -7.51% 8/1/1981 -7.44% 2/1/2000 -7.42% 5/1/1956 -7.38% 1/1/1978 -7.37% 9/1/1960 -7.32% 8/1/1997 -7.30% 10/1/1979 -7.16% 2/1/1946 -7.12% 10/1/1941 -7.10% 11/1/1974 -7.04% 1/1/1970 -7.03% 8/1/1966 -6.96% 9/1/1986 -6.89% 1/1/1939 -6.87% 6/1/1969 -6.87% 6/1/2002 -6.87% 5/1/1929 -6.85% 4/1/1936 -6.82% 3/1/1942 -6.61% 7/1/1969 -6.61% 4/1/1937 -6.51% 5/1/1934 -6.46% 10/1/1933 -6.45% 6/1/1950 -6.40%
Now it’s “China’s Fault!” all day, every day.
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