Stock market off 3%

[Sooner-Be-Dead]

Another stimulus bill was looking shaky and now it’s off the table for this year.

 

[markfromj]

Thank god.

 

[noleclone2]

Hoping it gets below 25000 one more time so Trump can tweet a fifth time (not an exaggeration) about it breaking 25,000.

Trump cheers as Dow breaks 25,000 -- for the third time | CNN Politics

Stocks go up, stocks go down -- but that hasn't stopped President Donald Trump from celebrating the highs in his Twitter feed, which for the third time of his presidency hailed the Dow Jones Industrial Average climbing above 25,000 on Wednesday.

www.cnn.com

 

[Obviously Oblivious]

Markets are very nervous with the news that massive money laundering continues and is BAU at some major global banking institutions. Especially the one Trump is often partnered with.

 

[mcgrawfsu]

Some good money to be made right now. Pick a solid stock that's off over the past few days and flip it at the end of the week for a 10% gain.

 

[MitchLL]

What happens to the Trump campaign when his one, and only, positive talking point disappears? Equity markets tanking now is worst case scenario for Turd.

I imagine he'll be pressuring MoscowMirch today. GOP Senators are in a tough spot. At least the incumbent ones are.

The Fed certainly can't do any more. Blaming the House Dems seems like their only play.

 

[noleclone2]

What happens to the Trump campaign when his one, and only, positive talking point disappears? Equity markets tanking now is worst case scenario for Turd.

I imagine he'll be pressuring MoscowMirch today. GOP Senators are in a tough spot. At least the incumbent ones are.

The Fed certainly can't do any more. Blaming the House Dems seems like their only play.

I also maintain the whole house of cards built on free money for banks to invest starting to falter before the election is a sign they don’t think he will win. Which then makes people itchy on cashing out now. Will be interesting to see if it holds between now and election. Regardless I expect a major correction between now and the next inauguration

 

[MitchLL]

There is very little that can be done to save the WH. I think a stimulus is off the table. Perhaps Trump will try and blame the House.

Whatever the outcome... Biden is going to have a big mess to clean up. And all those corporate tax cuts that Trump gave his friends aren't getting to the punch clock workers. That's not even taking into consideration when 2024 arrives and the tax breaks expire. Biden will absolutely have to eventually raise some taxes to make up the difference.

Is it coincidence that Democratic Presidents are always tasked with cleaning up the mess left by their Republican predecessors?

 

[ICHawk-I]

According to Fox News the chances of global virus shutdowns and uncertainty over our elections have investors worried.

Apparently they don't believe the virus will just go away and a vaccine is right around the corner.

Dow falls 510 points curbs losses as tech stocks recover

U.S. equity markets got a jolt of volatility but recovered a good portion of Monday’s losses.

www.foxbusiness.com

 

[stanzithemanzi12]

There is very little that can be done to save the WH. I think a stimulus is off the table. Perhaps Trump will try and blame the House.

Whatever the outcome... Biden is going to have a big mess to clean up. And all those corporate tax cuts that Trump gave his friends aren't getting to the punch clock workers. That's not even taking into consideration when 2024 arrives and the tax breaks expire. Biden will absolutely have to eventually raise some taxes to make up the difference.

Is it coincidence that Democratic Presidents are always tasked with cleaning up the mess left by their Republican predecessors?

Biden isn't winning, bruh.

 

[MitchLL]

Biden isn't winning, bruh.

Unless the Russian guy gets involved... yeah, he is.