We're now in November 2017 territory
All gains for 2018 lost
Negative for the year
Stocks historically climb in December
Not only are we negative for the year in the stock market we have lots of lovely tariffs industry is paying up to 25%!
Trump supporters bragged about their king God Trump working a miracle with the economy and now that it's all going in the shitter they say it was going to happen anyway and has nothing to do with Trump. No honor amongst thieves.
#ThanksTrump
Dow falls 400 points amid worst start to December since 1980
U.S. stocks were trading down sharply Monday in a volatile session that saw the major benchmarks whipsawing between steep losses and modest gains.
That’s after the Dow Jones Industrial Average fell into correction territory last week, and the three main benchmarks marked their worst start to December trading since 1980, amid fears of slowing global growth and an aggressive Federal Reserve.
What’s driving the market?
With just a handful of trading sessions left in 2018, investors remain focused on the major macro headwinds that have buffeted markets in recent months: rising interest rates, slowing global growth and U.S.-China trade tensions.
The Federal Reserve will conclude its final policy meeting of 2018 on Wednesday. Although the market is widely expecting a rate increase of a quarter of a percentage point, investors will parse the bank’s statements and projections to understand policy makers’ plans in 2019.
The central bank last issued projections for the future path of interest rates in September, when it showed that the median member of the Fed’s interest-rate setting committee predicted the bank would lift interest rates once more in December and three times next year.
Since that time, evidence of slowing global growth, a rising dollar, and slower inflation has helped encourage Fed officials to become more dovish in their public statements, while fed funds futures markets show investors predict only one or fewer rate increases next year.