Democrats crash the Dow
- Thread starter Diogenes
- Start date
Diogenes
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Dow plummets 1,100 points
The Dow Jones Industrial Average fell about 1,100 points, or 2.5%, the largest drop for the index since August.
The dip marked the 10th consecutive day of losses for the Dow, its longest losing streak since 1974.
The S&P 500 fell nearly 3%, while the tech-heavy Nasdaq plummeted about 3.5%.
Diogenes
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Dow Tanks 1,100 Points: Longest Losing Streak Since 1974
Dow Tanks 1,100 Points: Wobbles Toward Longest Losing Streak Since 1974
The Dow Jones Industrial Average limped to its worst loss in more than two years.
www.forbes.com
Diogenes
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Maybe Jerome Powell does, Anchovies.
Ah, your man Trump appointed Powell head of the FED, and last I knew, Trump wasn’t a Democrat
Diogenes
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Bungling Biden had 4 years to replace him, Anchovies. He didn't.
Bungling Biden renominated Powell to the position.
Jerome Powell - Wikipedia
This is on Democrats, Anchovies.
Poor Anchovies.
If you cannot deal with a 2.5% drop in the Dow, you should not be in stocks at all. There can, and will be a drop of 50% sooner or later. There is also a great average return, so over time it is best to keep your money in the stock market. But again, if you cannot survive a 2.5% drop, get the money out now.
Projects of what is going to happen in 2025 are crashing the Dow. Democrats have nothing to do with that.
An obvious point, trump had 8 days that were far, far worse.
Diogenes
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Trump, Trump, Trump.