Dow down 12? Time to panic. (For the youngsters - the Dow was around 800 those days. It would be the equivalent of about a 360 point drop today.)
“It would be the equivalent of about a 360 point drop today.”
The Dow Jones Industrial Average lost 690 points over the last five days.
As for bailing out the Big Rotten Apple, in 2013 when Detroit went bankrupt, President Obama didn’t lift a finger to help. And by refusing to help New York, Donald Trump would endear himself to the voters/taxpayers of every other state in the union.