Dow Jones Crashed this Week, Historical Decline

[FriendlyFire]

Can't everyone just keep pretending that the king wears fine clothes?

Dont worry just have Trump will just "say" that the stock market is the opposite of what it is
Problem SOLVED.

 

[innonimatu]

Oh, will he make nice with Bezos so that Amazon's fleet of delivery drones will deliver goods to consumers who are shunning stores? And appoint the Yang guy for treasurer so the government can distribute a national income for consumers to spend? And perhaps the drones will not deliver actual goods because of supply chain problems but vouchers, could still be counted as sale and increase the GDP!

Creativity will save investors, yay, no worries! I mean if Uber can be declared valuable, anything goes.

 

[GenMarshall]

I blame the virus from China.

 

[Zardnaar]

There's a very fine economy on both sides.

 

[Kaitzilla]

Dont worry just have Trump will just "say" that the stock market is the opposite of what it is
Problem SOLVED.

I'm seeing a tiny bit of chatter that Bernie Sanders was the cause of the stock market crashing 10%.
https://news.yahoo.com/fox-business-host-blames-stock-175033082.html

Coronavirus? Never heard of her.

Fox Business host Charles Payne is attributing Monday's massive stock market drop — which is widely considered to be connected to the deadly coronavirus outbreak — to Sen. Bernie Sanders (I-Vt.).

According to Payne, Sanders' recent presidential primary win in Nevada is what caused the Dow Jones Industrial Average to tumble to its biggest one-day point drop in three years, rather than the deadly COVID-19 outbreak that has claimed over 2,600 lives and continues to surge in new countries.

It sounds crazy, but is it?!
https://twitter.com/carlquintanilla/status/1235378349851189253/photo/1

The market only turned around once Biden started winning.

Here is some more Fox News for people hungry for Trump speaking yesterday on March 4th, 2020.

 

[civvver]

It's not *that* crazy, the stock market went up quite a bit after trump won didn't it? Cus everyone knew he was going to cut taxes?

 

[Birdjaguar]

And the market is now down 1000 points today.

 

[hobbsyoyo]

Didn't it rally like 1300 yesterday though?

 

[Birdjaguar]

Yes Up 4% yesterday and down 4% today. It's trying to figure out if its at the bottom of the correction. Day traders are making money while news on the virus in the US develops.

 

[Hygro]

Didn't it rally like 1300 yesterday though?

This always happens. There’s either a rally out or there’s rallies intermittent the falls, but always big rallies after days of drops.

 

[Timsup2nothin]

This always happens. There’s either a rally out or there’s rallies intermittent the falls, but always big rallies after days of drops.

Bargain hunters.

 

[tuckerkao]

Yes Up 4% yesterday and down 4% today. It's trying to figure out if its at the bottom of the correction. Day traders are making money while news on the virus in the US develops.

Some Trump supporters are manipulating the Wall Street market, the only way to find out the truth is from the long term observation of the Dow Jones, whether it can stand the test of time from Coronavirus.

 

[Birdjaguar]

Some Trump supporters are manipulating the Wall Street market, the only way to find out the truth is from the long term observation of the Dow Jones, whether it can stand the test of time from Coronavirus.

Nonsense. If the only way to find the truth is to observe the long term trends, then your observation can't be true. The market has been this volatile only for two weeks.

If the market finds its bottom at DOW 26,000 then up she rises. If it doesn't, then there will be further losses after which the market will rise again.

 

[tuckerkao]

Nonsense. If the only way to find the truth is to observe the long term trends, then your observation can't be true. The market has been this volatile only for two weeks.

If the market finds its bottom at DOW 26,000 then up she rises. If it doesn't, then there will be further losses after which the market will rise again.

If Coronavirus suddenly stopped and vanished, Dow Jones will surpass the 30,000 milestone within a month.

The truth I want to find out isn't directly linked to Dow Jones, but about Coronavirus, if there were no epidemic breakouts, the sharp declines wouldn't have occurred so rapidly.

If you have all the reality, truth and solution, then the illness can be cured.

 

[Birdjaguar]

If Coronavirus suddenly stopped and vanished, Dow Jones will surpass the 30,000 milestone within a month.

The truth I want to find out isn't directly linked to Dow Jones, but about Coronavirus, if there were no epidemic breakouts, the sharp declines wouldn't have occurred so rapidly.

If you have all the reality, truth and solution, then the illness can be cured.

Yeah, but the virus is here and will be with us for a while. It was at 29,500 before it tanked, so certainly 30,000 was a reasonable guess, then. The 10% correction was all about the expected supply chain failure: no products to sell and the huge hit to travel and tourism. A quick drop is good, because weeds out the weaklings in the market.

The truth is that there is a virus and the market did drop suddenly. Woulda coulda shoulda doesn't matter any more.

If you have all the reality, truth and solution, then the illness can be cured.

What does this mean? Are you talking about stocks or the virus?

 

[tuckerkao]

What does this mean? Are you talking about stocks or the virus?

Nobody really knows how much % Coronavirus has contributed to the sharp Dow Jones declining, there are certainly other factors causing the crash last week.

Coronavirus may have just ignited this whole chain reaction while some of the bubble effects already hidden inside the stock market, so Coronavirus bursted the Trump bubbles.

 

[Birdjaguar]

Nobody really knows how much % Coronavirus has contributed to the sharp Dow Jones declining, there are certainly other factors causing the crash last week.

Coronavirus may have just ignited this whole chain reaction while some of the bubble effects already hidden inside the stock market, so Coronavirus bursted the Trump bubbles.

Name another cause.

 

[tuckerkao]

Name another cause.

Some foreign issues are hidden such as the trade tensions between U.S. and China. Of course Coronavirus was originated from China.

The currency manipulation from the Chinese government has already been there for a while. However, it's all about the global economy by the end.

 

[Birdjaguar]

Some foreign issues are hidden such as the trade tensions between U.S. and China. Of course Coronavirus was originated from China.

The currency manipulation from the Chinese government has already been there for a while. However, it's all about the global economy by the end.

The stock tends to build those kinds of things into it pricing as they show up in the news. It doesn't wait to digest them. Trade for now was over as was the currency issue. It is reactive, blindly reactive lots of times. This drop was all virus and supply chain which are the global economy. I think if the US begins to shut down schools and events more widely, we will see more erosion.

 

[Timsup2nothin]

Name another cause.

Concern that Sanders would win the Democratic party nomination.