Dow falls 400 points amid worst start to December since 1980
 

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.

Notice Robbie is never anywhere to be seen in these topics... He excused everything away everything bad Trump does because the economy and stock market gains..

Now that's all disappearing and he suddenly has nothing to say. I'm sure he will blame Democrats in the House come the new year...

Robbie's excuse for everything was "the economy is doing good". He flatly refuses to admit it was Obama's economy, not trump's economy. Mr. trump walked into office with a low 4% unemployment rate that was on a three or four year downward trend.

Mr. trump is destroying everything. It's almost like he does the direct opposite of what he should do. This trade war with China is going to kill us. To get around the tariffs Boeing just announce they will be building planes in China. WTF? We have to bail out the farmers because of trump's tariffs. Somehow, during a booming economy, trump and his people managed to shoot the deficit through the roof.

Republicans will blame this all on Democrats.

Tax breaks did fuck all, stolen loot money grab is used.

When ever you look at figures for 2019 always minus stolen loot as it was a one off event, every report does its best to hide that... 1.5 trillion

https://apinstitutional.invesco.com/...kets-Mar18.pdf

Show me one Government report that lists that one off 1.5 trillion separately.... they simply don't just include it in as if its business as normal.

Trump isn't even bailing out the farmers that was all bullshit. 80% of that money went to the big corporate farms not the little guys who are getting hurt and losing their farms..

there is a word for it Reaganomics.

unfortunately president reagan stole this title from trump a long time ago.

but I am sure trump will also become an unforgettable fool in the books of economic science.

https://en.wikipedia.org/wiki/Reaganomics

SHARE BUYBACKS HIT RECORD $1 TRILLION IN 2018
https://wdef.com/2018/12/17/share-bu...ion-in-2018-2/

even little Marco Rubio thinks this is going in the wrong direction

A jarring new survey shows CEOs think a recession could strike as soon as year-end

"The New York Times recently surveyed 134 business leaders at the Yale CEO Summit and found that almost half expected a recession to strike by the end of the year."

"Sure, recessionary warning signs have been flashing for months, but most experts have been expecting the ax to fall in the second half of 2019 or sometime in 2020. The fact that such a large percentage of the high-ranking executives were so worried about an immediate downturn speaks volumes about the trepidation that's seeped into the business landscape in recent weeks."

How can this be? Trump promised lots of MAGA...it is almost as if he lied and his entire voter base are dumb mother fuckers...

i think THIS is the only thing he did not lie on.
he REALLY BELIEVES that he is smart.

seriously - where is everyone that said it was the one and only Donald Trump who is solely responsible for the stock market gains...

2020 is just a nice wish. even second half of 2019 seems to be wishful thinking.

i believe it will be the first half 2019 when it will happen.
and i already dare to predict that the coward will run away on his own and blame it on his age or his health. this iron is too hot to get it out of the fire. if anyone can ever straighten it again then certainly not someone like trump.

Clean up your guns - your civil war isn't too far away anymore.

Macro Rubio is a little twit.. He says and does whatever sou ds good at the moment. He gets on camera and says shit like this, then turns around and votes for it..

they will be back after the dow will increase a few points before it will went to hell.

economic rules are not really so difficult to understand that it would not have been possible to predict that drama. this is actually only proof that we have an enormous educational deficit in the world.

if we don't want these idiots to burn the world to ashes, we have to make sure that such brain bonsais get the best possible education.

he's not alone on that though

Yeah. My favorite one is Rand Paul. Always getting outraged about something then voting along party lines no matter what....

Melanoma has already stated last week that Trump's health is deteriorating from the stress :2 cents:

So the market closed -504

We've now lost all 2018 gains

And 2 months of 2017 gains

#Winning

I wish the "fake media" would start calling out Trump and mention the market every time he starts bragging about the economy.

Wouldn't they blame the media for the economy tanking then? I think this is why they don't mention Trump and the economy together too much, for fear of being blamed for causing hysteria with the economy.

trump supporters in one pic:

https://pbs.twimg.com/media/DTV7moeW4AABzb9.jpg

the world in one pic

I did not know it was possible :

How do you make threads that alt+right ( or libertarian ... :1orglaugh ) cannot post in ...

Any special key to use while doing the title ??????

yes you point out the emperors new clothes...

I think you are missing the larger picture.

Why argue with someone who is being paid to shill?

Why argue with someone on a porn forum over politics?

Why waste the time talking facts to folks that literally have their head buried in the sand, fingers in their ears, trying to translate childish emotion? Of whose behavior has long since breached any point of rationale or any sense of the greater good for that matter...

Im loving the new trend.

Please post more echo chamber threads so we can finally see Bladewire play the opposition as well :thumbsup

Love to see the evolution of GFY play out when it's a singular line of hard legs jacking each other off in unison, devoid of critical thinking or practical application :2 cents:

What kind of awful insecure loser cunt would actually spend time debating 7 people day in and day out about the same subject.

ORANGE MAN BAD.

Their mental capacity to deal with Trump failing is non existent, it's part of their mental defect, the same defect that makes them incels with no social coping mechanisms.

Orange man bad.

Orange man bad.

Orange man bad.

Oh and Trump just said we will be in Syria indefinitely.

Today we bombed and killed 62 people in Somalia.

So much for "America first" and pulling out of all foreign conflicts.

Oh and the trade deficit with China has increased to the highest of all time under Trump and his self imposed tariff we.

Oh and the Republicans lost the most legislative seats in midterms ever in history, under Trump.

#winning

Social coping mechanism from this guy:

https://gfy.com/search.php?searchid=83386

https://gfy.com/search.php?searchid=83386

https://gfy.com/search.php?searchid=83386

Holy shit that was the laugh of the day.. Christ I needed that.. thanks ya mask wearing 47 year old freak who literally posts on GFY from 6am to midnight and is at the ever present ready to respond to threads pointing out his insanity with "mental defect", who's been polled as a nutter by 70 percent of the board (even his so called allies) and who has accused 73 percent of the board of being fake nics, while simultaneously operated several, all the while telling everyone who disagrees with you that they are on ignore (and actually taking the time to post screen caps of them on ignore) while everyone watches you respond to those same people's posts, the very next day.. LULZ.

You would be troll of the decade if it wasn't so fucking SAD!

You know what denial is right?

Just look at that post history son.. Jesus.. What are you doing with your one life? It's not worth it :2 cents:

:helpme:helpme:helpme

Pages and pages.. Thousands of hours - https://gfy.com/search.php?searchid=83386

Why do Trump supporters brag about the economy except for when Trump crashes it then desperately try to deflect on any other topic but the topic of the thread?

I love watching the fake nics meltdown in thread after thread after the thread :evil-laug:evil-laug:evil-laug:evil-laug

But but there was no "good economy" from trump to begin with?

You sick fucks have been praying for America's annihilation since you lost lost lost.

Cut off that nose to spite your hideous face already.

:thumbsup

Always land on your feet

Are we finally over the "but Hillary... But Obama!!!" shit?

Nice...

Seems "orange man bad" has picked up steam again. When all else fails, try reverse psychology.

i'm sorry but the person who wrote this article doesn't know much about economics. the dow jones can't be an indicator in this case because its rise was a simple reaction to the tax cuts.

with shares, the investors buy shares in the company value. if a company pays less tax, however, this value rises because these profits are invested for the most part in fixed assets in order to also save the remaining tax as best as possible.

unfortunately, most companies were already overvalued and the shares were 3 times as expensive as the actual company value. so here was hot air traded - similar to bitcoin.

trump´s economic policy is based on the insane assumption that tax cuts have a direct impact on profits and that lost taxes are offset by higher profits. how absurd this is can be seen from the fact that this would presuppose that every company and every consumer would suddenly have 2.5 times as much money at their disposal to offset the loss - or that the money would have to turn 2.5 times faster in the cycle.
and even then the same tax revenue would only be achieved.

but america has so many debts that it needs MORE taxes and not less.
in addition, such an influx of consumption would lead to accelerated inflation, which can only be combated with higher interest rates. these higher interest rates then also directly affect the 22 trillion debts that have not been repaid for decades but increased.

and now we have several foreseeable effects together.

1. the companies will continue to be traded above their value.
2. corporate profits are at risk due to trump´s economic policy
3. tax revenues have plummeted and the state is facing bankruptcy
4. companies migrate abroad to circumvent trump´s trade restrictions. jobs are lost and consumption is reduced. this will paralyze the domestic economy.

all of this only leads to the conclusion that sooner or later the tax gifts MUST be withdrawn - in a phase in which the economy is already ill.

Interest rate cuts that allow cheap loans to get the economy going again are not possible because trump has previously prevented the necessary interest rate increases.

What is happening here is hopeless and can no longer be regulated with financial instruments.

since america is indebted throughout the world and an american crisis is pushing purchasing power down all over the world, this is not just an american crisis, but the biggest economic crisis in the history of the world.

and therefore the saying that foreigners stay out of discussions about american politics is pure nonsense, because trump not only destroys america - he sets the whole world on fire.

Obama's Stock Market Gain in first 696 days as president: 37%

Trump's Stock Market Gain in first 696 days as president: 18%

THOSE PESKY FACTS

Dow crashed another -464 points today.

We're now at 22,859

The last time we were that low was October 12th, 2017.

All 2018 gains are lost

3 months of 2017 gains are lost

Trump now only has 9 months of cumulative gains out of the 48 months he's been POTUS.

We are now having the worse December since the great depression in 1931

Stocks on track for worst December since the Great Depression

It should stop falling ...

I am looking at buying some "mutual fund" to put in my RRSP ( like 401K ) . They dropped 14% in the past week . Not a huge amount like all ya players/gansta here, about 12K that is just earning 1.25% ....

Already have 17K in that fund, bought at 13$ ( now at 17$, down from 19$ )

Another 13K I had at 1.25% has been put in a GIC at 3.25% for one year.

Will see

Actually thommy, there were 2 words for that...
SMOKE and MIRRORS

Believe it or not, those words were first used to describe reganomics before regan won his party nom by G.H.W. Bush in the primary run off.
LOL

Hey, we all knew the market was over priced, and part of that pricing was justified by those tax breaks, but they are temporary. Any return from that to shareholders in the form of stock buyback is over. the rest will go to CEO's and the board members.

When the dust settles, the dow will probably land around 17k-19k. Not that it might sink more before it settles. That assumes nobody does any more harm.
We can hope for a soft landing.

Trump's thin skin and inflated ego made him start a big bad tariff war and fucked the economy hard by increasing the cost of business & creating instability in every market.

Shameful

Everything was great until Trump started the tarriff war.

If you want to know who is making money in this market,
use news.google.com
https://news.google.com/search?q=ins...S&ceid=US%3Aen
Just the folks that get caught.

Insider trading can be done in a legal way. Insider buying/selling must be announced in advance so shareholders can see you are changing positions.
There was a source that I lost that would tell you about all those legal insider trades.
Can't find it now.

But this I thought was interesting yesterday... read it through...
https://www.bloomberg.com/opinion/ar...antic-surprise

After todays news i would not be surprised to see a huge drop tomorrow (Friday20th)

That fucker is going to fuck us all over

If you look at everything he is doing right now, I am lead to believe he knows he is on his way out.
He is going to settle grudges and do exactly as he pleases.
Nobody left in his cabinet to talk him out of anything either.
Smash and burn on exit.

Anyone with a brain knew that the economy was doing good because of Obama's policies and Trump just was riding the wave until it ended. Now it's ending.

Isn't Trump a fun President to follow on Twitter tho? He says the darndest things!!