Dow drops 700 points as Amazon tumbles, trade war fears rise

Money ^ | 04/02/2018 | Matt Egan

[Rusty0604]

If every business only had private investors, if they are successful the private investors would be the only ones to profit. If the business goes public and stock is sold, they will have the capital to expand their business and the stockholders, many of which are retirement accounts, allow many people to profit if the business is successful. Not all businesses are successful, but capitalism is a much better system than others.

[fella]

Market manipulators, politicians and the media thrive on spreading FUD (fear, uncertainty and doubt) issues that make headlines that they can use to make gains in their own self interests.

[packrat35]

USPS overtime is paid at 2X pay, not time and a half.

[Jane Long]

That's why I said either/or. Thanks. That means someone (We the Taxpayer) is likely subsidizing AMZN. 😡

[packrat35]

I was just putting out the facts to all, not correcting you. Their UNION contract calls for 2X pay for OT, so I am sure the Sunday service is subsidized by the taxpayers.

I blame the USPS more than Amazon as they AGREED to the rates and service.

[TexasTransplant]

Ohh that worked out well

[central_va]

You could have capitalism without a stock market.

[bert]

If you pay attention, I draw a distinction between playing in the market and investing.

[Political Junkie Too]

I bet it will be up 500 tomorrow.

Close -- 389.

-PJ