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Treasured Social Butterfly
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Re: Trumps Policies - Worst Week 4 Stocks - Since 2011

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That was on Thursday. After the close on Friday...

 

Dow dives 400 Points to End its Worst Week in 10 Years (Since 2008 - the Financial Crisis)

 

Stocks plunged again on Friday, sending the Dow Jones Industrial Average to its worst week since the financial crisis in 2008, down nearly 7 percent.


https://www.cnbc.com/2018/12/21/us-stocks-set-for-lower-week-after-fed-decision-government-shutdown-...

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Valued Social Butterfly
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Re: Trumps Policies - Worst Week 4 Stocks - Since 2011

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The stock market is NOT a gauge of the health of the American Economy.

 

It WAS a good barometer of the feelings of the 100 Institutional Traders who control its movement, but since +90% of all trades are controlled by algorythms no trader on the Big Board has a clue about, it isn't even that anymore.

 

All the sundry stock averages do today is tell us what's already happened, and in this case what's already happened is Der Trumper TRASHED the Economy with his trade wars and fiscal policies.

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Trumps Policies - Worst Week 4 Stocks - Since 2011

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Stocks Have Worst Week Since 2011 Amid D.C. Chaos

 

U.S. stocks sank to a 17-month low to close out their worst week since August 2011, with every sector losing ground and heavy selling in technology shares driving the Nasdaq indexes into a bear market. Treasuries edged higher.

 

“It’s a convergence of various factors, from global growth, to quantitative tightening concerns, as well as political risk in the U.S. and across the globe,” said Chad Morganlander, portfolio manager at Washington Crossing Advisors. “It’s like ‘Wow, man.’ It’s unbelievable -- it’s the polar opposite of what you had in 2017. Investors don’t necessarily need to dive into the pool until you see some of these various issues subside.”

 

 

Stock Market Implodes 5.png

 

 

 

 

Source - https://www.bloomberg.com/news/articles/2018-12-20/asian-stocks-face-mixed-start-after-u-s-slide-mar...

 

 

( " China if You're Listening - Get Trumps Tax Returns " )

" )
" - Anonymous

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