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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: SVTCobra03
81
posted on
10/10/2018 1:40:56 PM PDT
by
Diana in Wisconsin
(I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
To: Crazy Little Woman
Mere drops-in-the-bucket for those two gargantuan entities.
82
posted on
10/10/2018 1:42:32 PM PDT
by
Carriage Hill
(Life is simpler when you plow around the stump.)
To: babble-on
Well, the Chairman of the Fed just said we had a very vibrant economy, with low unemployment, growing GDP, and very low inflation.
83
posted on
10/10/2018 1:44:30 PM PDT
by
DoughtyOne
(01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 $215.71 from 50% increase in 1.2183 yrs)
To: JoSixChip
DOW -750 and still dropping. WTF! My 401k will be in the red YTD, sucks! I would not be at all surprised if the stock market rebounds by as much tomorrow and Friday. The fundamentals are sound--there's manufactured panic, but now is NOT the time to lose your head!
84
posted on
10/10/2018 1:46:19 PM PDT
by
Lou L
(Health "insurance" is NOT the same as health "care")
To: ncalburt
It sure does.. The Deep States last ditch effort to derail the Trump Train.
85
posted on
10/10/2018 1:54:03 PM PDT
by
DivineMomentsOfTruth
("There is but one straight course, and that is to seek truth and pursue it steadily." -GW)
To: BradtotheBone
86
posted on
10/10/2018 1:56:37 PM PDT
by
DoughtyOne
(01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 $215.71 from 50% increase in 1.2183 yrs)
To: Lou L
I know.. When Brexit passed it was down 1000 points.. I said it would rebound in a day or two, which it did.
87
posted on
10/10/2018 1:56:55 PM PDT
by
DivineMomentsOfTruth
("There is but one straight course, and that is to seek truth and pursue it steadily." -GW)
To: DoughtyOne
And he’s right. But monetary policy functions with long and variable lags. A very slow and gradual policy of moving rates back toward a neutral footing will not kill the economy at all, and that’s not the intention. But if you wait too long, you could have a problem, and might have to go much faster. No one wants that so they are raising rates, albeit at a snail’s pace. It’s the correct policy, and there’s no reason for them to stop.
To: BradtotheBone
Soros and the insiders are selling to move the market down
89
posted on
10/10/2018 1:58:02 PM PDT
by
bert
((KE. N.P. N.C. +12) Muller..... conspiracy to over throw the government)
To: babble-on
I haven’t made a negative comment on the rate hike.
I’m not convinced we needed one now, and he confirmed my reasoning with his statement.
90
posted on
10/10/2018 1:59:30 PM PDT
by
DoughtyOne
(01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 $215.71 from 50% increase in 1.2183 yrs)
To: PermaRag
The Globalists like GS and the Dems want Trump gone .
Causing these sells off is their October Surprise .
91
posted on
10/10/2018 2:00:06 PM PDT
by
ncalburt
(Gop DC Globalists out themselves)
To: TBall
Exactly.. FBN guests are running around like Chicken Little.
92
posted on
10/10/2018 2:03:24 PM PDT
by
DivineMomentsOfTruth
("There is but one straight course, and that is to seek truth and pursue it steadily." -GW)
To: DivineMomentsOfTruth
Soros , Goldman Sachs , and Dem Billionaires are happy to send the markets spinning if they regain control .
Trumps GS man left after not being able to sway his anti Globalist policies such as killing TPP and killing Global warming hoax taxes .
Its pay back time just in time for the midterms .
93
posted on
10/10/2018 2:06:00 PM PDT
by
ncalburt
(Gop DC Globalists out themselves)
To: Flaming Conservative
Wonder uf Obama will take credit for this dip.
94
posted on
10/10/2018 2:08:23 PM PDT
by
DivineMomentsOfTruth
("There is but one straight course, and that is to seek truth and pursue it steadily." -GW)
To: Lou L
I would not be at all surprised if the stock market rebounds by as much tomorrow and Friday. The fundamentals are sound--there's manufactured panic, but now is NOT the time to lose your head! Traditionally, biggest drops are in October. However, crashes don't happen in mid-term election years. This is a small correction, and the stock market will rebound and continue growing into next year. As you say, fundamentals are strong. As for next year 2019 in October, one might lose their head. But things are good for now.
95
posted on
10/10/2018 2:08:49 PM PDT
by
roadcat
To: DivineMomentsOfTruth
To: BradtotheBone
It's profit taking Oh noes 😱😱😱😱
97
posted on
10/10/2018 2:17:51 PM PDT
by
Nifster
(I see puppy dogs in the clouds)
To: Diana in Wisconsin
I don’t pretend to understand the equity markets, but I do know it went up and up breathlessly and so it is natural to have some profit taking pull backs.
To: ncalburt
Yep.. Actually expected them to pull this. I was going to invest last week, but then thought.. Nah.. better wait.
99
posted on
10/10/2018 2:22:54 PM PDT
by
DivineMomentsOfTruth
("There is but one straight course, and that is to seek truth and pursue it steadily." -GW)
To: ncalburt
Hedge funds should be banned but for entirely different reasons. They tend to not beat the market and just make huge salaries for today’s Madoffs.
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