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To: Eccl 10:2

False. The drop started before the election. Look at the S&P 500, DOW and NASDAQ charts. All of their peaks occurred long before the election. The NASDAQ had lost 10% of its value before Election Day. It’s now down 20%. So, from late August to November 6th, it lost 10% and from November 6th to the first part of December it didn’t lose much. Then it’s lost another 10%. Had the election impacted the market, that other 10% would have been right after the election not a month later. It’s not the election-it’s the tariffs, the interest rates, the bond yields and the global economy - plus the fact the FED wants the economy to crash on Trumps watch (along with the other globalists).


64 posted on 12/24/2018 8:31:27 PM PST by NELSON111 (Congress: The Ralph Wolf and Sam Sheepdog show. Theater for sheep. My politics determines my "hero")
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To: NELSON111

No, you are wrong and I am right.

The stock market is predictive, not reactive.

The SP500 peaked in early October, then sensed the Democrats would win the House.

The market predicted the Democrats would win the House around Oct 1, and began to sell off.

Sorry.


65 posted on 12/24/2018 8:53:51 PM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart and lean not on your own understanding")
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