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Dow plummets 600 points in worst drop since March
CNBC ^ | 10/10/2018 | Fred Imbert

Posted on 10/10/2018 12:37:22 PM PDT by BradtotheBone

click here to read article


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To: Sam Gamgee

It’s the timing that is so suspicious.


101 posted on 10/10/2018 2:24:11 PM PDT by DivineMomentsOfTruth ("There is but one straight course, and that is to seek truth and pursue it steadily." -GW)
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To: DivineMomentsOfTruth

Perhaps, though I think NETFLIX trading at 200 times earnings is slightly crazy.


102 posted on 10/10/2018 2:25:08 PM PDT by Sam Gamgee
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To: Sam Gamgee

Yep.. That’s insane.


103 posted on 10/10/2018 2:29:37 PM PDT by DivineMomentsOfTruth ("There is but one straight course, and that is to seek truth and pursue it steadily." -GW)
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To: DivineMomentsOfTruth

Good call .


104 posted on 10/10/2018 2:35:24 PM PDT by ncalburt (Gop DC Globalists out themselves)
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To: Sam Gamgee
Very true .

Plus hedge funds are funded by borrowed money so
a interest hike send fuels this mess as well .

105 posted on 10/10/2018 2:38:14 PM PDT by ncalburt (Gop DC Globalists out themselves)
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To: TBall

I agree the market’s overheated, but the timing is interesting. I’ve seen this happen just before several critical elections, usually when Republican Presidential incumbents were involved. Coincidence?


106 posted on 10/10/2018 2:40:01 PM PDT by Bernard Marx
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To: dfwgator

> Time to buy.

Maybe not quite yet.


107 posted on 10/10/2018 2:46:22 PM PDT by old-ager
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To: Sam Gamgee

Oh, always!


108 posted on 10/10/2018 3:36:54 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
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To: BradtotheBone

Even Bitcoin and gold fell. Crazy market. How are tulips doing?


109 posted on 10/10/2018 4:32:55 PM PDT by sergeantdave (Teach a man to fish and he'll steal your gear and sell it)
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To: babble-on

bump

A three percent selloff after the markets we’ve had is FAR from a panic


110 posted on 10/10/2018 5:20:06 PM PDT by kickstart ("A gun is a tool. It is only as good or as bad as the man who uses it" . Alan Ladd in 'Shane')
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To: Diana in Wisconsin

.
Gold has been dragging it’s tail lately.


111 posted on 10/10/2018 5:25:05 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: Bernard Marx

If I had some money to spend on one investment, I would roll the dice on silver. You see, I don’t know anything.


112 posted on 10/10/2018 5:36:40 PM PDT by TBall
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To: ncalburt; All

Uncanny timing - start of The Reset?..

Stock market turmoil just before midterm election, and Goldman Sachs Vampire squid just launched new bankers cryptocurrency “Fedcoin” USDcoin dollar replacement:

Goldman Sachs Launches US Dollar Coin (Fedcoin). Coinbase To ...

https://medium.com/@justindanneman/goldman-sa...Proxy

Oct 2, 2018 ... Goldman Sachs startup Circle, the
Boston-based crypto finance company, has gone live with its stablecoin called the US Dollar Coin, or USDC. ...
What is really interesting is what has happened since the USD coin was made ...

Goldman Sachs-backed Circle launches USDC stablecoin crypto ...

https://www.businessinsider.com/goldman-sachs...Proxy

Sep 26, 2018 ... USDC is one of a number of
stablecoins that have been created recently. ... Circle, the crypto company backed by Goldman Sachs, on ...

Circle Launches USD-Backed Stablecoin - Forbes

https://www.forbes.com/sites/sarahhansen/2018...Proxy Highlight

Sep 26, 2018 ... Goldman Sachs-backed crypto
finance company Circle today launched USD Coin


113 posted on 10/10/2018 6:33:05 PM PDT by MarchonDC09122009 (When is our next march on DC? When have we had enough?)
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To: MarchonDC09122009

Read tgis

And GS is not calling the shots at the Fed Reserve.

https://www.thegatewaypundit.com/2018/10/after-the-fed-screws-president-trump-again-he-states-the-obvious-the-fed-has-gone-crazy/


114 posted on 10/10/2018 6:42:44 PM PDT by ncalburt (Gop DC Globalists out themselves)
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To: eddie willers

That’s exactly it. Markets are pricing in the Dems taking over the House.

If they take the Senate too, it’s 2007 all over again. Look for a crippling recession a year or two later, just in time for the 2020 election.


115 posted on 10/10/2018 6:52:33 PM PDT by Kenny Bania (Ovaltine? Why not call it Roundtine?)
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To: Publius

Corrections ARE healthy. They serve to drive people away from the Market who shouldn’t bee there in the first place.


116 posted on 10/10/2018 7:07:42 PM PDT by fhayek
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To: BradtotheBone

This is a nothing burger. Happens all the time before a national election. It’s a fear factor thing. If the Republicans keep the House and the Senate, the stock market will go up 1,000-2,000 within a week.


117 posted on 10/10/2018 11:15:04 PM PDT by WASCWatch
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To: BradtotheBone

Fed making up for lost time in raising rates - and they claim they aren’t political...


118 posted on 10/11/2018 2:34:03 AM PDT by trebb (So many "experts" with so little experience in what they preach....even here...)
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Comment #119 Removed by Moderator


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