IMHO this is retribution from the powers to be that we voted for Donald J Trump. We did not vote for one of their “approved” candidates. They are doing everything they can to take Trump down. They being the establishment who are having their gravy train interupted.
It doesn’t seem that long ago that the money experts were fearing that it would dip below 10,000.
I agree with you. The “Never Trumpers” & Democrat scum & vermin, rich goons are driving the markets down. The American public,especially the people that support and voted for POTUS, Donald J. Trump could care less. Ho-hum!!! These fools are killing themselves financially with every passing day.
“... retribution from the powers...”
Economic growth - up.
Unemployment - down.
Profits - up.
Fed kicks up interest rates and the market drops.
Pure political crap.
The men in the smoke filled back rooms like to make money too
You are partially correct here. The interest rate raise was also due to the desire of the Treasury to undo the quantitative easing mess OSlopulism put on it which would believe it or not cause worse from what we are seeing. The effects are combined.
If only Jeb! had won. Or Hillary! (I’m with her).
Alas.
This has so little to do with Donald Trump. Thinking that the “powers that be” can move the markets like that is buying into the worst of the conspiracy theories.
The markets are run by the “C” team over the holidays. Its what happens after the New Year that is going to be telling.
I think we are going to see a debt collapse and a liquidity crunch like we haven’t seen since 1930. There is simply too much cheap debt out there. When the rush to the door starts, you had better be out of the way.
A little cash and some gold in the safe makes me feel good today.
Gold, bitchez! ////////////////////////////////////////////////////////////////////m