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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
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To: RinaseaofDs
Meanwhile, Google (and Amazon) keeps chugging along.
41
posted on
10/10/2018 12:59:20 PM PDT
by
Carriage Hill
(Life is simpler when you plow around the stump.)
To: BradtotheBone
Well THAT’S a pin in my balloon.
42
posted on
10/10/2018 1:00:36 PM PDT
by
knarf
(I say things that are true, I have no proof, but they're true.)
Comment #43 Removed by Moderator
To: ncalburt
The Fed was Political under Obama.
They purposely left Interest Low to help him, no doubt.
44
posted on
10/10/2018 1:01:39 PM PDT
by
Kickass Conservative
(Democracy, two Wolves and one Sheep deciding what's for Dinner.)
To: noiseman
Wow, you just described disintermediation between investment vehicles. A 1960’s finance 101 flashback!
45
posted on
10/10/2018 1:01:48 PM PDT
by
buckalfa
(I was so much older then, but I'am younger than that now.)
To: DoughtyOne
Any little bit of negative news would be accepted
How about this.
Somebody at Google leaks this internal document to Brietbart proving that the company has made an executive decision to basically end Free Speech online.
https://www.breitbart.com/tech/2018/10/09/the-good-censor-leaked-google-briefing-admits-abandonment-of-free-speech-for-safety-and-civility/
I think the odds that Trump takes an antitrust hammer to big tech companies just went up by an order of magnitude.
Comment #47 Removed by Moderator
To: tatown
Amazing how that always seems to happen... But only when Republican races will be affected by it...
To: Crazy Little Woman
Correct. The market is due for a correction in any event. I moved mostly out of stocks a couple months back.
49
posted on
10/10/2018 1:04:04 PM PDT
by
nvcdl
To: BradtotheBone
Down more than 800 points at close.
To: BradtotheBone
It dropped 800 pts today.
Trump needs to get that idiot he picked fir the Fed Reserve
stopping this .
Who the heck picked this snake .
He has set off two the market drops in one year .
Fire the guy .
51
posted on
10/10/2018 1:04:29 PM PDT
by
ncalburt
(Gop DC Globalists out themselves)
To: ncalburt
“WS is full of Dems and Soros who had his hand in the 2008 crash . This smells . “
I totally agree. The ends justify the means. The dems will do anything to regain power.
52
posted on
10/10/2018 1:06:35 PM PDT
by
Electric Graffiti
(Jeff Sessions IS the insurance policy)
Comment #53 Removed by Moderator
To: Kickass Conservative
Now we have a idiot that raised interest rates before the midterms !
Who chose this clown .
Where is he after he caused this mess today .
54
posted on
10/10/2018 1:08:11 PM PDT
by
ncalburt
(Gop DC Globalists out themselves)
To: DoughtyOne
1. When the market goes down people call it a “correction”, but when it rallies for months on end, they never call that a “mistake”.
2. Ten year rates, that have nothing to do with the Fed, and are even possibly the opposite of the Fed’s policy, have spiked sharply. Tech companies constantly need new money. That money is getting more expensive. That hurts their earnings prospects.
3. 25% tariffs coming in January means that intermediate goods for a huge number of US domestic manufacturers are about to get very expensive. No one knows whether this will destroy demand or not, but it’s a legitimate worry. Tariffs may slam the brakes on growth when they fully kick in on Jan 1.
To: fortheDeclaration
People just taking profits, no big deal.I agree. Some People are pulling some cash out in preparation for Christmas. Some are pulling it out until they know what happens in November.
56
posted on
10/10/2018 1:09:29 PM PDT
by
UCANSEE2
(Lost my tagline on Flight MH370. Sorry for the inconvenience.)
To: BradtotheBone
Right before the mid terms...not good. Worried that the Democrats might win.
To: Bernard Marx
Give me a break. This market has been insane and 800 points is only a 3 percent drop. If we can finish the year above 25,000 I will be extremely impressed. It seems like just yesterday I watched it break 10,000.
58
posted on
10/10/2018 1:10:43 PM PDT
by
TBall
To: dfwgator
Exactly. Its October, the sell off season.
59
posted on
10/10/2018 1:11:11 PM PDT
by
TADSLOS
(I hate Russian Dolls. They are so full of themselves.)
To: Crazy Little Woman
Press conference on the economy is doing great .
The guy spooked investors .
This is the third day of sell offs but the worst day yet. after he jacked up rates .
i think the guy is Dem plant .
He hides alot.
60
posted on
10/10/2018 1:11:36 PM PDT
by
ncalburt
(Gop DC Globalists out themselves)
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