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Harpy Eagle
Guest
Except I am not a liberal. Not being a Trump worshiper does not make me a liberal ,no matter how much you think it does
Nikkei 225 Stock Index Plunges Nearly 13%
- Thread starter excalibur
- Start date
Except I am not a liberal. Not being a Trump worshiper does not make me a liberal ,no matter how much you think it does
georgephillip
Diamond Member
Austerity is the problem, and it's been a bipartisan scam since 2008, at least. FDR faced similar conditions of economic polarization when he took office, and he put the blame where it belonged, i.e., on economic parasites like Trump and Kennedy:
"...Roosevelt went to the wealthy, and he went to the corporations, and he said to them, 'You must give me the money to take care of the mass of people, because if you don’t, we’re going to have a catastrophe in this country. We’re going to have a social revolution.'
"My argument is, let’s go back to the same tax rates that Roosevelt imposed, or at least in that neighborhood, which is much higher on wealthy people and much higher on corporations than we have today.
"That’s what he did.
"That’s how he funded it."
whitehall
Diamond Member
The DOW is down over a thousand points this (monday) morning.
kyzr
Diamond Member
The DOW is down 1034 points at the close Monday.
The stock markets don't want Kamala Harris.
percysunshine
Diamond Member
FYI, the Yen carry trade blew up because the Yen is going up. This forced the margin calls and the forced selling of risk assets. The Yen carry trade has been around for decades, but the currency appreciation is recent;
(from RIA)
(from RIA)
The Yen Carry Trade
The Yen carry trade has been going on in the financial markets for decades. It has been a significant driver for hedge funds in leveraging their portfolios to generate higher returns. An elementary example of the Yen carry trade is as follows:- A hedge fund sells short $10 million in Japanese Government Bonds that yield zero percent. (The hedge fund sold an asset they didn’t own, netting the fund $10 million and effectively shorting the Japanese Yen.)
- The hedge fund then buys $10 million in U.S. Treasuries, yielding 4%, capturing the spread between the bonds.
- Then, the hedge fund leverages that $10 million into $100 million (10x leverage) to buy risk assets.
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Harpy Eagle
Guest
Worst day since 1987.
Dow pre-market - 1.4%
S&P 500 pre-market - 3%
NASDAQ pre-market - 5.7%
Japan's Nikkei 225 stock index sinks nearly 13% as investors dump a wide range of shares
TOKYO (AP) — Japan’s Nikkei 225 share index plunged nearly 13% as investors worried that the U.S. economy may be in worse shape than had been expected dumped a wide range of shares.www.whec.com
Bad news little buddy, the world is not ending.
A day after posting its worst-ever daily selloff, the index ended up logging its best single-day rise of 3,217.04 points, or 10.2%, surpassing the 2,676.55 points recorded in October 1990. By percent, it was the fourth largest rise ever.
The broader Tokyo Stock Price Index (Topix) was up 9% after plunging 12% the previous day.
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Harpy Eagle
Guest
So, when the markets come back up you will of course say it is because they want Harris...right?
skews13
Diamond Member
- Mar 18, 2017
- 10,778
- 14,480
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Oh look. The board idiot comes across looking like the board idiot. The worst economic president since Hoover says what again?
skews13
Diamond Member
- Mar 18, 2017
- 10,778
- 14,480
- 2,415
So, when the markets come back up you will of course say it is because they want Harris...right?
Why do trumphumpers hate America?
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Harpy Eagle
Guest
They do not hate America, they just see a different version of it than everyone else.
They want, or perhaps it is a need, a strong authoritarian leader. They want the Govt to make everyone act just like them, to look just like them and eventually think just like them.
Still trying to blame COVID shutdowns on President Trump?
Those were all Democrat governors with a few RINOs.
There is no pandemic going on now, so what is the excuse for Biden?
RoshawnMarkwees
Assimilationist
That seems to be the democrat playbook. Celebrating the one step forward that follows the several steps backward and fooling the democrat sheeple. With the assistance of media.
Faun
Diamond Member
- Nov 14, 2011
- 126,711
- 98,397
- 3,635
Why not blame Trump? He recommended it...
"Therefore, my administration is recommending that all Americans, including the young and healthy, work to engage in schooling from home when possible, avoid gathering in groups of more than 10 people, avoid discretionary travel and avoid eating and drinking in bars, restaurants, and public food courts." ~ Donald Trump, 3.16.2020
And 49 states shut down. ALL those republican governors were RINOs??
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