Worst Christmas Eve Performance In The History Of The U.S. Stock Market
Worst Christmas Eve performance for stocks ever. S&P officially closes in bear market
Fear Index Vix jumps by 15% as stock market rout deepens w/ S&P plunges to lowest level since May2017. pic.twitter.com/QLtIMGn…
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Stocks - Dow Tumbles Again as Mnuchin Saps the Market's Holiday ...
and this ALL brought to U
by the Trump Administration
and it's Fearful Leader
Donald TRUMP
Merry Christmas everyone
Sorry John, you can't have it both ways. You don't give him credit when the market is hitting all time highs and now you want to blame him for the lows
well
Trump DID
If I was the only person with an opinion you might have a point.
But I could just as easily reverse your argument on you. You wanted to give Trump credit in 2017 when the market was rising, but you want to give him a pass now.
The truth is, he praised himself to high heavens last year. Now that stocks are suffering lately, he blames everyone else. He's not a good guy Vic, and you need to come to terms with that fact.
That is called projection.
He's not a good guy Vic, and you need to come to terms with that fact.
He's Aces compared to Obama & Hillary
Did what?
not sure y i got that
In 2 more years you will
you're vacation will be sooner
I love confidence
Then why has trump spent the last two years yelling and screaming that the markets going up was all because of him? But when they drop, he blames someone else. How does that work exactly? I mean, that's as stupid as saying, "The election is rigged!!!!!! But only if I lose!!!!"... Oh wait, trump said that too...
normally i would agree, that the POTUS doesn't, but, what is normal, and This POTUS, are not one in the same, more like one is insane.
i believe Trump's falsely labeled "Middle Class Tax Cuts" that gave very little,if any,
benefit to the middle class, as most went to and is going to, the upper echelon, probably did give a boost to the market. Yet, it was bound to be short lived, and is already showing signs its impact is about through, as will be the paltry benefit seen by the middle class, as they were not permanent, like those for corporations and the actually wealthy.
.
The fall, like in this case, a "torrid autumn", i believe has been brought about and intensely intensified by those that have again lied, about so much, investors know not what to believe.
You then throw in the oh so topsy turvy spinny pervy,
tweeted out by the orange clown, and it's easy to see how we wound up side down, and investors left unnervy.
Asking if he could fire his own selected fed chair, while attempting to influence the Fed, via a bullshit tweet thread, and then publicly questioning big banks on their financials, gave the entire investing world, quite expensive, cheap thrills.
Face it, the only thing that still had this unstable clown from being brought down, is now going to be a mute argument , deafinitely from one unsound, is where we have all been brought down.
.
congratz Wally , an d all of you Trump supporters of the greatest POTUS Russia has ever Putin place.
Merry Christmas Comrades !
...meanwhile back at the ranch...
Donald Trump Tweets: “I Am All Alone (Poor Me) In White House” On Christmas Eve
------------------
President Donald Trump spent the early hours of Christmas Eve attacking his political enemies and criticizing the Federal Reserve, as the government entered its third day of partial shutdown and markets tanked yet again .
"I am all alone (poor me) in the White House waiting for the Democrats to come back and make a deal on desperately needed Border Security," the president wrote in a post on Twitter.
The tweet came minutes after the president posted attacks on the Fed , Democrats, the top Republican lawmaker on the Senate Foreign Relations Committee, and the special envoy in charge of combatting ISIS, who announced over the weekend that he would be resigning at the end of the month after Trump decided to pull American troops from Syria.
President Donald Trump spent the early hours of Christmas Eve attacking his political enemies
The man is not well.
He’s losing it. This has to stop.
Doesn't he like Christmas? I mean... Take a holiday already Donnie.
preferrably, a permanent vacation
Poor Man Baby, he needs to be at the Adult Day Care..If he had any pride for himself and family name, he would quit..
Someone should send this man the old book called "How to win friends and influence people" cause I doubt he's read it.
It has been alleged by those close to the Trump that the Trump does not read.
It has also been alleged by those close to the Trump that the Trump has great difficulty comprehending and retaining information in even the shortest of paragraphs.
Sounds like twitter was made for him.
omeone should send this man the old book called "How to win friends and influence people" cause I doubt he's read it. “
Who would read read it to him...,
Baron ?
LOL.. Good point.
By now it's probably available on audio tape though so....
It's also probably way too late for trump anyway. so....
Well the overinflated stock market is letting out some air so it doesn't go "pop"
Nothing but an extended sell off guys.... you know a "Bear" market?
Just in case you've forgotten it was a Bull Market for well over 7 years......
That covers both the last two presidencies.....
Obama had nothing to do with the "Bull" market... (although I know your side likes to claim it did)
oh and just in case you think other wise.... T-rump has nothing to do with it.... (although it is evident you do wish to blame him for it)
Since Trump wanted/did brag how high the market was and he took credit for it. Now that it's in bear market territory he needs to blame someone else. The Federal Reserve and of course the guy that he appointed as head of the fed is the only reason that the market is in a swan dive (per Trump).
Like everything else he wants to take credit for the good but when the shit hits the fan it's someone else's fault.
And Mnuchin phone call to the major banks and followed up with a call to CEO's did more damage then good.
Doesn't matter which political side, they ALWAYS claim that the good that happens is from their policies when they really had nothing to do with it....
In general when it comes to the stock market, politicians have little to no effect on what it does.
Most advisors are now saying that one has to think long term and ride the market contraction out.....
Which is the same thing the serious investors did in 2008. (those that weren't leveraged to the hilt)
The real damage is when they try and fiddle with it....... or reverse laws allowing the greedy to have an easier path to manipulating it....
What we are seeing is a market correction which most have been waiting for well over ten years..... A historic Bull market followed by a historic Bear market...
And the bears are always faster than the bulls....
the real damage IS when they attempt to fiddle with it.
say like attempting to fire his own appointee
or calling the heads of banks to assure "ample liquidity". ( yea , nothing to worry about here )
face it, Trump is his own worst enemy,
and has caused his inevitable, can't happen soon enough, Demise.
I'm well aware of how the markets work...My point being that the current president, Trump, was bragging it was all him that had the market going to new heights. Now that it's in the toilet he is doing his best to blame someone else. That's what he does, he cannot accept responsibility for anything that isn't making him look good.
It's that simple.
And IMO. his policies are adding to the nose dive.
LOL .... No we haven't forgotten the slow but stead rise from the poverty that was overtaking the country.
Evidently some have and or were missed as the economy was rising the past 10 years.
trump doesn't know WTF he'd doing most of the up swing has been anticipation, (speculation) of what a great business man this man was supposed to be. The long term effects of hiis actions as still to come. That will tell us whether he actually does know more than sometimes it seems or Not.
This uphill swing so far, I even predicted and I dont know jack shit.
PS: Each president has a lot to do with the "mood" of the country and our investors so yes who is president and what they do does effect the economy as a whole to a degree.
The only thing 'over inflated' is the Trump's opinion of himself and of those who still believe 'Mexico will pay for the wall'--'I have the biggest brain'--'I know more than the generals' and other assorted inanities spewed from the mouth of the Propecia president.
So you think trade wars help the 'ol Wall St., do you? I'm sure running through staff like he does (showing our great stability as a Nation) sitting around in the WH with his arms crossed and a 5 yr-olds pouty face and wanting to fire the head of the fed which he can't actually do, insulting our allies and trading partners, withdrawing from or breaking trade agreements and withdrawing from all world committees also had absolutely no effect either.
But he's just following Putin's orders, do as much as possible to isolate the US and do as much damage as possible to any trade agreements, economy, and divide the Country as much as possible so it's all OK. trump is a good employee, I don't see where he's missed any chances to follow his orders yet.
Unless you can point to any instance where trump made anything better? The tax giveaway helped trump and his rich buddies, but it didn't really help much of anybody or anything else unless you really, really needed that extra pizza a week you can now afford. Everything else is just breaking things, a favorite thing with kids under 12.
Six bankruptcies, money from Trump foundation used for personal business and political expenses, we have a loser in the WH and America is losing right along with him...
'loser' is quite an understatement
Ivanka for pole dancer?
Uh...……………...Merry Christmas.
I never look at the dancer---only look at the pole. You?
Lots of different kinds of poles.
Ivanka for pole dancer.
Yea she is good looking. Forgive me if I take a moment to personally congratulate her and her father, the POTUS on the birth of their child.
So after screaming for the last two years that every single gain in the stock market was all because of him, trump now tries to blame others? What an asshole and a liar. Leave it to donny to take ZERO responsibility for anything bad...ever.. What a worthless asshole.
Bloomberg Rips ‘Senselessly Chaotic’ Trump, Demands GOP ‘Start Showing Some Spine’
Michael Bloomberg , in a blistering op-ed for his namesake media company, eviscerated President Donald Trump for the federal government shutdown and called the budget standoff a “dumb” way to demand border wall funding.
The former New York mayor’s column, published on Sunday, said the partial shutdown of the U.S. government shows Trump’s administration is unraveling.
Bloomberg wrote that his major concerns include the potential for an economic nosedive triggered by what he described as Trump’s devil-may-care style of leadership.
“With other countries pleading for sanity and institutions such as the International Monetary Fund and World Trade Organization warning of severe consequences if trade sanctions get out of hand, talk of a looming recession is growing,” he said. “Yet the president seems determined to make matters worse — and to hell with the economic consequences.”
Bloomberg pointed to last week’s stock market plunge as another sign that “Trump’s recklessly emotional and senselessly chaotic approach to the job” has a real impact.
“At the halfway mark of this terrible presidency, one has to wonder how much more the country can take,” he added.
The only solution, Bloomberg said, was for the GOP to stand up to Trump.
“Unless something changes — unless, in particular, Republicans in Congress start showing some spine — two more years might be enough to test whether we can sustain Trump’s model of bad government. This past week, we got a glimpse of what the beginning of the collapse may look like — and what it may ultimately cost us.”
Bloomberg, a Democrat, has openly flirted with a 2020 presidential run.
“Bloomberg, a Democrat, has openly flirted with a 2020 presidential run.”
Nobody would expect him to praise the job his opponent is doing as part of his campaign.
Bloomberg is hardly a wild eyed radical or even a progressive. He is a conservative Democrat.
He’s a gun grabbing, stop and frisk, large soda banning, deep state enemy in my eyes. Bloomberg aspires to be Big Brother.
cant be worse than big sister, currently at reigns
Heard all sorts of excuses as to the downturn in the Stock Market and other financial entities.
It is possible, although extremely unlikely, the financial outlooks are finally catching up to the eight years of the Obama presidency.
It could also be possible that the very ideal of the Trump not sharing his keys to the pleasures of Playboy Playmates is pissing off the real financial moguls of Wall Street.
It could also be possible that even the financial engineers of the domestic and international markets are forced to admit that the Trump 'just ain't what he cracked himself up to be.'
Merry Christmas anyway. Mnuchin is vacationing with his hot wife and all is right in the world. Rejoice.
Here’s how I see it. When interest rates raise stocks values fall it has always been that way and there is no reason to think that fundamental would change. In the last ten years interest rates have been so pathetically low stashing funds in traditional safe havens such as the treasury or cd’s has been a lackluster investment that is losing purchasing value to the rate of inflation. This encouraged investors to lean more heavily towards riskier equities that were delivering a higher return on investments as opposed to safer bond, cd and treasury notes. Now that we are seeing slightly better returns on safer places to stash your cash people are moving back into those safer investments. Many see stock values have ballooned out of proportion with earnings and growth potential so it is wise to view much of today’s valuations as being in a bubble that was ripe to burst.