Posted on 12/06/2018 7:11:45 AM PST by familyop
The Dow is thrashing around 500 down (~ minus 500) at the time of this writing.
Reuters
https://www.reuters.com/markets/stocks
Or Bloomberg, if you prefer. No content allowed from Bloomberg allowed here except title and/or link. Here's the link.
https://www.bloomberg.com/markets/stocks
Any speculation in regards to any honest causes? The economy has been getting better so far.
Plunge INDUCTION Team doesn’t like Trump.
The stock market does not reflect the state of the US economy. It is globalist bellwether and gambling casino of the world elites that care not one bit about the US worker or prosperity. It is all about short term profit and thinking..
Mark for later
That thought has crossed my mind. I’ve noticed it happening around elections since 2000, and many investors are government-connected lefties these days.
Production has been increasing here, in the States, for some time, and gasoline prices are very low. And it’s that time of year again (shoppers).
My sense is that the Obama bubble in stocks, propped up by years of 0% money (and less due to QE) is not busting but is right-sizing through a series of ups and downs with about 23,000 as the base and 26,000 as the pinnacle. This up and down will take place until the natural curve of the stock market is restored.
Markets are unsettled because they view Lighthizer being the negotiator with China as “hardline.” Manufacturers want a wimp who will still give them cheap production/labor in China while selling out American communities. Until a better deal is achieved it will continue.
This is the Pelosi economy. The Pelosi Recession.
End of the year is near.
Often things happen relating to tax accounting and also end of the year reports. Adjustments of what stocks are held, take place.
Ping and saving for later.
If they are that beholden to China, then they should welcome the chance to break those bonds.........................
Who cares...these investors are whimps that serve only their own selfish greed...they could care less about the American nation and its future. Case closed!!!
If the globalist are afraid then they take Trump seriously. Is the head gook, President Xi Jinping watching?
That’s a good observation. Heard on the radio within the past few days, that some of the money from stocks is going into bonds. Some of the bond prices were also up at the time, and yields down (5-year, according to the radio talk).
Dems win the house and *poof* goes the economy. Same thing happened when Pelosi got in last time: subprime lending debacle, stimulus, etc.
Hordes of childlike “investors” hear leftist, agenda-driven “experts” drop missives about a slowing economy and eventual recession, they get spooked and then run for the exits.
All stuff that elites will snap up once they think there are no longer sufficient suckers to sell.
About 70% or more of market trading is ‘institutional’. These funds almost always respond based on formulas based on specific indicators.
That could very well be. This, just out,...
Jobless Claims Fell Last Week, Still No Signs of Tariff Strains
https://www.breitbart.com/economy/2018/12/06/jobless-claims-fell-last-week-still-no-signs-of-tariff-strains/
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