Dow plunge accelerates, on pace for worst day of 2024

[TNHarley]

The economy can be traced to Biden, the stock market is different.

The reactions can be because of it though

 

[Moonglow]

Your economy is so good, the Dow is down 700 points so far today, 02/13/24

Finance and Markets

Read Finance on The Wall Street Journal

www.wsj.com

OBTW, Japan? You know, that Country that is so envious of us for our recovery from the Kung Flu.....

Their Market, the Nikkei, is up over 30% on a moving year and today alone is up nearly 3%

Finance and Markets

Read Finance on The Wall Street Journal

www.wsj.com

Thanks, Mr President. We really appreciate the job you're doing.

Now I don't have to worry about buying that new car my Wife needs or buying a nicer house in a nicer neighborhood because -- we can't afford it.

You're such a wonderful President, I could just shit

That is what happens in the winter of an election year, look how it dropped in 2020.

 

[konradv]

I've been in the Market for 35 fucking years. Not one lousy, stinking year. If I had gotten into the Market one year ago, maybe the reutrns wouldn't look so bad. But I didn't. I'm in the hole from when Sponge Brains Shits Pants stole Office, once you factor in inflation

Biden's economy sucks ass. It's not as bad as Carter's but the Fed has become more sophisticated since then.

You can’t make money in a market that’s been going up? Sure the problem is with Joe?

 

[iku]

Your economy is so good, the Dow is down 700 points so far today, 02/13/24

Finance and Markets

Read Finance on The Wall Street Journal

www.wsj.com

OBTW, Japan? You know, that Country that is so envious of us for our recovery from the Kung Flu.....

Their Market, the Nikkei, is up over 30% on a moving year and today alone is up nearly 3%

Finance and Markets

Read Finance on The Wall Street Journal

www.wsj.com

Thanks, Mr President. We really appreciate the job you're doing.

Now I don't have to worry about buying that new car my Wife needs or buying a nicer house in a nicer neighborhood because -- we can't afford it.

You're such a wonderful President, I could just shit

Trump will be very happy. He will inherit a weak economy and resurrect it again.

 

[John Edgar Slow Horses]

Trump may well not be on the ticket.

 

[DBA]

You poor soul. My gains are far more than adequate.

Yeah, you Democrats are kings of the market downturns when there is a Democrat in office, but for some reason turn into really bad investors when Republicans are in office. Funny stuff indeed.

 

[DBA]

LMAO, I thought the Democrats were the party of the rich and the elites?

They are the party of the mega-rich, not the working “rich”.(400k/yr+)

 

[Egregious Philbin]

Also, you can't judge the economy by the stock market.
Seems the market and economists sees inflation rising again.

You mean all those economists that were 100% sure we would be in a recession six months ago?

Actually, its going down, just not as fast. The conservatives are cheering against the economy, how sad.

 

[Meister]

You mean all those economists that were 100% sure we would be in a recession six months ago?

Actually, its going down, just not as fast. The conservatives are cheering against the economy, how sad.

Going down? You mean from the 9% inflation rate? It's still rising.
Look at the core CPI, that's what is going on in real America.

 

[Blisterfinger]

They didn't say anything when the market recently hit all time highs. Not to mention the fact that the market is transitory and volatile, and is not the economy.

Nothing demonstrates the Dunning-Kruger Effect more accurately than a Trumpster trying to talk about markets & economics.

Nothing demonstrates the Dunning Kruger effect more accurately than a demo fascist trying to defend this weak presidents flailing economy.

 

[Blisterfinger]

They didn't say anything when the market recently hit all time highs. Not to mention the fact that the market is transitory and volatile, and is not the economy.

Nothing demonstrates the Dunning-Kruger Effect more accurately than a Trumpster trying to talk about markets & economics.

The more you know.. maybe you can get away from the Dunning Kruger effect

Inflation Inches Down to 3.1 Percent but Price Pressures Remain High Inflation Hotter-Than-Expected at 3.1 Percent as Price Pressures Remain High

 

[Mac1958]

The more you know.. maybe you can get away from the Dunning Kruger effect

Inflation Inches Down to 3.1 Percent but Price Pressures Remain High Inflation Hotter-Than-Expected at 3.1 Percent as Price Pressures Remain High

Yes, I'm aware.

I'm also a 23+ year Financial Advisor/CFP, 7/63/65, CLU/ChFC, author.

You're just another Dunning Kruger Trumpster. Play with someone else now.

<flick>

 

[Blisterfinger]

Yes, I'm aware.

I'm also a 23+ year Financial Advisor/CFP, 7/63/65, CLU/ChFC, author.

You're just another Dunning Kruger Trumpster. Play with someone else now.

<flick>

So you are aware that the potatoes economy sucks? Or are you incompetent? Glad you're not playing with my money.

$2.7 Trillion Buys ‘Spectacular’ GDP

link.theepochtimes.com

 

[iamwhatiseem]

They didn't say anything when the market recently hit all time highs. Not to mention the fact that the market is transitory and volatile, and is not the economy.

Nothing demonstrates the Dunning-Kruger Effect more accurately than a Trumpster trying to talk about markets & economics.

You do realize the markets "hit all time highs" several times a year, almost every year, for over 40 years.
It is a pumped up market, it is going to rise until it reaches that point where it is so ludicrously over inflated that most of the world will suffer a depression.
It is inevitable.
And no President has much of anything to do with it.

 

[JohnDB]

The Yen (Japanese) is in free fall....

That's why....
They hold trillions of dollars of US debt....if they dump it to save themselves....we could have the same thing happen to the dollar.

Then there's the commercial real estate market....also in the dumpster....which is going to cause more bank failures.

 

[Natural Citizen]

The whole thing is a complete distortion anyway.

Arguments pertaining to it are among the most redundant, nonsensical that one can read.

 

[Winco]

I've been in the Market for 35 fucking years. Not one lousy, stinking year. If I had gotten into the Market one year ago, maybe the reutrns wouldn't look so bad. But I didn't. I'm in the hole from when Sponge Brains Shits Pants stole Office, once you factor in inflation

You're doing it wrong.
Good Lord, how have you lost money in the Stock Market?

 

[Blisterfinger]

You're doing it wrong.
Good Lord, how have you lost money in the Stock Market?
View attachment 902835

Just put up the inflation rate and you'll get the answer to your question.

 

[Winco]

Just put up the inflation rate and you'll get the answer to your question.

LOLLOLLOLLOLLOOOLLLL ^^^^^^

My gains, and presumably most others, far outweigh any 'extra' rising cost of goods and services spent.

 

[Blisterfinger]

LOLLOLLOLLOLLOOOLLLL ^^^^^^

My gains, and presumably most others, far outweigh any 'extra' rising cost of goods and services spent.

I don't think so. The cost of living is pretty much sucking all your gains away. Biden bought the situation. Your elitist crap doesn't fly with me.

Inflation Hotter Than Expected at 3.1 Percent; Price Pressures Remain High

Inflation has eased to 3.1 percent, but the month-over-month data shows inflationary pressures remain elevated.

link.theepochtimes.com