Stock Market closed today +1,000 points, after yesterday's -2,000 points. Trump's "there's a great feeling about doing a lot of things" claim after meeting with Congress might have worked like a band-aid for now.
If he doesn't pull through and these "feelings" and "things" don't turn into tangible positives, it will crash even harder.
edit: To the Trumpers, that's still a loss. eg if you lose two dollars and find one the next day, you still lost money
Originally posted by Robtard
Stock Market closed today +1,000 points, after yesterday's -2,000 points. Trump's "there's a great feeling about doing a lot of things" claim after meeting with Congress might have worked like a band-aid for now.If he doesn't pull through and these "feelings" and "things" don't turn into tangible positives, it will crash even harder.
edit: To the Trumpers, that's still a loss. eg if you lose two dollars and find one the next day, you still lost money
In this case, my company's stock lost somewhere around 10 dollars. I won't be satisfied until all ten are back. It's usually a very stable stock, too.
Originally posted by Robtard
Stock Market is sinking like a stone in a lake again. Trump's "feelings" and "doing lots of things" claim about stimulating the economy seems to have been mostly just words (surprise, surprise) and the market is reacting.
My company's stocks are doing well, though. Which is odd. Stocks seemed to have stabilized at around -1100 to -1200 the last hour, however.
Originally posted by Robtard
Stock Market is sinking like a stone in a lake again. Trump's "feelings" and "doing lots of things" claim about stimulating the economy seems to have been mostly just words (surprise, surprise) and the market is reacting.
I wonder if people will be sad enough to blame Trump.
Probably not, anti-trumpers are rational.
Originally posted by Surtur
I wonder if people will be sad enough to blame Trump.Probably not, anti-trumpers are rational.
You mean like this:
Originally posted by dadudemon
Take a look at our stock markets. Trump's economic policies are a direct contributor to the problems occurring right now.
Guess you didn't get the memo, sport. Tell you what, if you edit out what you just said, I will edit out this reply. I will do this for you because Robtard is kindness. hurry, you only have a few minutes.
^ Surt's coping. Anyhow, reality:
Dow at -1,400ish right now, if it stays that way(or drops further), not only did we lose the partial rebound from yesterday, we're even lower than Monday's crash. #maga
Close today:
Dow 23,553.22 -1,464.94 -5.86%
S&P 500 2,741.38 -140.85 -4.89%
Nasdaq 7,952.05 -392.20 -4.70%
Trump is oddly quiet about it again...
Trump, who tied himself to stock market when it rose, struggles to respond to its plunge
WASHINGTON — President Trump, in defiance of precedent and warnings from advisors, repeatedly has tied his political fortunes to the stock market, taking credit for three years of steady growth and pointing to people’s healthy 401(k) accounts as he makes his case for reelection.
As the market plunged on Monday, ending with the Dow Jones industrial average down nearly 8%, the president struggled to respond — tweeting the usual attacks on Democrats, attending a fundraiser in Florida and generally downplaying the rising public health emergency, projecting a determined and wishful calm increasingly at odds with an agitated public. -snip
The reviews on Wall Street to President Donald Trump’s prime-time Oval Office address on the response to the coronavirus were not kind.
From Trump’s misstatements of White House policy to his lack of clarity on the funding he wanted, analysts said the speech ended up being more harm than help in his apparent desire to calm financial markets. The speech included him saying that cargo from Europe would be blocked, which the White House clarified was not accurate and that the ban was limited to passengers. -snip
As of right now:
Dow 21,528.04 -2,025.18 -8.60%
S&P 500 2,527.90 -213.48 -7.79%
Nasdaq 7,349.98 -602.07 -7.57%