Dow drops 1,150 points, US stocks plunge following Trump's historic tariff announcement

[Phantasmal]

They were right. But the power of the propaganda arm of the Trumpians -- Fox et al -- convinced the gullible that it was terrible. This is one huge flaw in our egocentric culture: far too many ppl have no clue or curiosity about what's going on in the rest of the world. A lot of us here tried to tell them, but you simply cannot fix stupid.

My theory. trump wants to win Putin's favor so badly that trump is purposefully sabotaging America to make it weaker in order to win Putin's favor!

He thinks he’s going to build a golf course there.

 

[ThatOwlWoman]

That the Russell 2000 is down 6% is something to notice.

The VIX was at 29 last I look. Bad sign.

 

[ThatOwlWoman]

My theory. trump wants to win Putin's favor so badly that trump is purposefully sabotaging America to make it weaker in order to win Putin's favor!

I think there's likely a lot of truth in that. But why does he want Putin's favor? Hoping to be invited to live there when he's not protected by being IMPOTUSx2?

 

[ZenMode]

Huh.... That's weird.



Today.... during the economic outlook segment

 

[Nordberg]

A stock pro talking head called it a mini crash. It was all done by one man. 1700 down and no reason to recover.

 

[Guno צְבִי]

Dow down 1,700 points

 

[BartenderElite]

A stock pro talking head called it a mini crash. It was all done by one man. 1700 down and no reason to recover.

And tomorrow, the market has the new jobs report to look forward to.

If people didn't know better - it would certainly look like Trump was elected to intentionally tank the economy.

 

[Tbird19482]

And tomorrow, the market has the new jobs report to look forward to.

If people didn't know better - it would certainly look like Trump was elected to intentionally tank the economy.

And it looks like he is doing a hell of a job .

 

[ThatOwlWoman]

And tomorrow, the market has the new jobs report to look forward to.

If people didn't know better - it would certainly look like Trump was elected to intentionally tank the economy.

An entire action flick plot just ran through my head. American president deliberately flushes the world's economies. Dozens of nations join in a secret cabal to take him out. They have DC embedded minions who were given Russian SAMs. They shoot down Air Farce One with Trump, his bucket of chicken, that talking blonde spokesbarbie chick, Kanye, Bannon, Miller, and that fat lips lady, Laura Looney or whatever her name is. Only the innocent pilots and flight crew survive.

Work for you? lol

 

[Phantasmal]

I can’t look anymore at the market.

I think I’m taking the rest of the week off.

 

[LurchAddams]

He thinks he’s going to build a golf course there.

Or... could be there really is a pee pee tape and this is the ransom trump is paying Putin!

 

[LurchAddams]

I think there's likely a lot of truth in that. But why does he want Putin's favor? Hoping to be invited to live there when he's not protected by being IMPOTUSx2?

Well, my joke answer is - trump's trying to keep Putin from releasing the tape of trump being peed on by Russian hookers.

The real answer? IMO, trump wants to emulate Putin which means acting autocratically, even if it's bad for America or the world. trump just likes swinging his tiny dick around.

 

[Teflon Don]

Just ask Scowlwoman. She is an expert in this.

You can make money in this kind of market. Guess you folks never heard of hedging and Puts

Market was overvalued and due for a drop