Originally posted by Bashar Teg
feds have announced an emergency cut on interest rates to 0, so that's at least good 👆
Yep.
They're desperately trying and stop the hemorrhaging caused by Trump's disastrous economic policies that are now destroying the economy.
Edit: Too bad it's seemingly failing: Stocks sink more than 6% following trading halt as emergency Fed action fails to calm nerves
Originally posted by dadudemon
Stock market is crashing.-2,751 at the moment.
When will Trump learn to stop messing with it?
Edit - This has to be a record.
What a baboon...
Originally posted by Robtard
Trump touts ‘biggest stock market rise in history yesterday,’ but many investors believe worst isn’t over amid coronavirus panicWhat a baboon...
Market is correcting. About 2/5 of the losses from today have been made up.
The market has a few more hours to correct back to neutral or improve. We will see what happens. At the end of the day, the market will go through a frenzy. It will either greatly improve or it will greatly slump. But there will be a frenzy of buying and selling towards close.
Originally posted by Robtard
Trump touts ‘biggest stock market rise in history yesterday,’ but many investors believe worst isn’t over amid coronavirus panicWhat a baboon...
Friday’s Dow gain was the largest ever on a points basis, much as Thursday, Monday and Wednesday, respectively, had delivered the blue-chip index’s largest, second largest and third largest one-day point declines
Originally posted by dadudemon
Market is correcting. About 2/5 of the losses from today have been made up.The market has a few more hours to correct back to neutral or improve. We will see what happens. At the end of the day, the market will go through a frenzy. It will either greatly improve or it will greatly slump. But there will be a frenzy of buying and selling towards close.
Going to have to wait and see what the Fed's drop in interest will do.
Originally posted by BrolyBlack
Friday’s Dow gain was the largest ever on a points basis, much as Thursday, Monday and Wednesday, respectively, had delivered the blue-chip index’s largest, second largest and third largest one-day point declines
Because of one of the largest crashes previously.
The gains on Friday did not recoup all the loses from the previous week. Maybe about half.
The market is still crashing today, so those partial gains on Friday are now drying up quicker than Melania's vagina when Donnie walks into the bed room. As of right now:
Dow 21,281.60 -1,904.02 -8.21%
S&P 500 2,505.48 -205.54 -7.58%
Nasdaq 7,287.84 -587.03 -7.45%
^ And that's with the Fed's cutting interest rates to ZERO in an attempt to help stabilize it.
Originally posted by jaden_2.0
But Obama
...is what you see a lot of people on the left say whenever the stock market has done well these past few years.
If people want to blame Trump for the bad fine, but they need to give him credit for the good too. What can't happen is blaming Trump for when it goes bad and giving Obama credit when it's good.
Originally posted by Surtur
...is what you see a lot of people on the left say whenever the stock market has done well these past few years.If people want to blame Trump for the bad fine, but they need to give him credit for the good too. What can't happen is blaming Trump for when it goes bad and giving Obama credit when it's good.
*citations needed*
Originally posted by Surtur
...is what you see a lot of people on the left say whenever the stock market has done well these past few years.If people want to blame Trump for the bad fine, but they need to give him credit for the good too. What can't happen is blaming Trump for when it goes bad and giving Obama credit when it's good.
Trump himself still blames Obama for bad things happening now.
Originally posted by Surtur
...is what you see a lot of people on the left say whenever the stock market has done well these past few years.If people want to blame Trump for the bad fine, but they need to give him credit for the good too. What can't happen is blaming Trump for when it goes bad and giving Obama credit when it's good.
Exactly. But of course the cult of anti-Trump will claim that when they do that it somehow makes perfect sense lol.
Looney leftist logic. 😂
Originally posted by Robtard
*citations needed*
Obama himself:
Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more than a decade of economic growth and the longest streak of job creation in American history.
And here was Trump's cringey response:
“He had the WEAKEST recovery since the Great Depression, despite Zero Fed Rate & MASSIVE quantitative easing. NOW, best jobs numbers ever,” Trump responded. “Had to rebuild our military, which was totally depleted. Fed Rate UP, taxes and regulations WAY DOWN."
And on the stock market: down 3060. as of this moment. It's so bad it's hysterically laughable.