The Dow is being deliberately tanked by globalist billionaires like Soros.
The way I see it is that the DOW and other parasitic indices are falling because WAGES are finally rising proportionately to their influence on the economy.
Yes, capital is vital, but rising stock prices while artificially suppressing the wages of the productive WILL eventually bite you. We have arrived at that point, and the correction is beginning.
Stock market is manipulated. This has been true for a very long time.
China and Soros are selling billions in funds, and bonds are getting killed by rising nterest rates.
Both smell of attempts to hurt trump going into the election.
Earnings have been phenomenal. One thing that happens in October is the market pricing in future guidance. Amazon in particular is seeing some slowing predicted this Christmas. An outside observer might relate that to the economy, but it has much more to do with growth leveling out from meteoric to just good. This market is still overpriced.
The stock market is not efficient like has been argued and has no bearing on economic reality
IMO the Wilshire and SP500 were about 50% overpriced due to the current bubble. A correction can be good. However the situation is fragile thanks to our federal government’s fiscal madness. For starts, having more people getting more from the government than paying is terrible.
What about jobs?
Stocks will recover. Relax.
The Dow is run by a bunch of timid weaklings who do what they think they should in reaction to events around them. Wall Street is almost totally divorced from the economy.
The stock market is usually LOOKING FORWARD by several months. It is never a good indicator of current economy. Since only God knows for sure where economy will be 6-9 months from now, the stock prices are simply best guess by human beings as to what is coming.
Right now, there are 4 negatives/worries for the market.
1. Interest rates are going up, which is a lagging
indicator, and confirms good economic conditions at the
present.
2. China trade deal is a huge unknown.
3. Market was seriously overvalued before recent decline.
Believe it or not it is still overvalued based on
average inflation-adjusted earnings from the previous
10 years. But the market can fluctuate a lot from the
10 year average.
4. Debt is high everywhere, especially in Asia.
Dow is readjusting to a “new” type of economy i.e. a more “normal” form. Exact composition to be determined ;-)
Good God, you’d expect IBD to at least show some sense. 3 trillion in losses, a big number for the economy to manage?
You’d have to be a total moron to think everyone who sold lost money. people did not lose 3 trillion dollars. Many people were taking profits accumulates over the last few years. A decent portion was short selling.
How can on investment paper, print such a ridiculous article?
The Markets will start climbing back up the day after the Midterm election if the Repubs hold onto both Houses
If anyone is confused about the DOW vs GDP as an economic indicator, they know NOTHING about economics.
Looking at the djia for the last few years i am not seeing a 10% stock selloff anywhere anytime... what am i missing?
With the huge endowments such as the Ford Foundation Manhattan Institute Gates Foundation Tom steyer and George Soros I’m quite certain that all of them have program cells in trying to influence the election in the run-up to it.
Tech stocks tanked the dow. Tech tanked because of Trump kicking cHina’s ass. Bezos lost over 10 billion dollars in a week. Bezos = amazon = china.
Good.
Gdp great, but fed is keeping it lower than it could be. Because...they suck.
When we win the house, the rocket roars again....in my extremely confident opinion.
Does anybody even know how the Dow is calculated? It has something to do with 30 particular stocks if I remember correctly. I’m sure those stocks are SUPPOSED to reflect the spectrum of the economy but I’m skeptical.