Stocks rocked in their worst day since October 2008

[yallerdawg]

That would be under...Bush's watch, wouldn't it?


Source: Business Insider, by Seth Archer

The Dow Jones industrial average closed down 666 points in its biggest point decline since October 2008, when the Troubled Asset Relief Program didn't pass, according to Bespoke Investment Group. Its 2.56% decline was the biggest percentage slide since Brexit.

The big drop came after some of the largest companies in the world reported disappointing earnings for the holiday quarter. Of the mega-cap tech stocks that reported this week, only Amazon had a solid quarter, as Apple, Facebook, Google, and Microsoft all had blemishes in their reports.

More at: http://markets.businessinsider.com/news/stocks/stock-market-news-plummet-as-tech-earnings-disappoint-and-inflation-fears-creep-in-2018-2-1014935742

[Iliyah]

1. Since President Obama won November 2008 I would assume yes

under W

[yallerdawg]

7. A repeating pattern.

First it's deficit-busting tax cuts for the rich - then it's stock market crashes.

What was it back in 2008 - something about "handing the keys back to the drunk that ran us into the ditch?"

[Yo_Mama_Been_Loggin]

2. Winning baby!!!!!

All sarcasm aside my Fidelity App says I lost $3,300 today. I'm suspecting it'll be more before the day is done.

[MaryMagdaline]

3. 666??? It's the apocalypse!

[malaise]

4. Was about to post that

The Dow Jones industrial average closed down 666 points in its biggest point decline since October 2008, when the Troubled Asset Relief Program didn't pass, according to Bespoke Investment Group. Its 2.56% decline was the biggest percentage slide since Brexit.

[NewJeffCT]

5. Correct

the headline could read - since the last time a Republican was president...

[Johnny2X2X]

6. I want the economy to succeed

The economy goes beyond politics. I want it to do well because peoples' lives and well being depend on it. However, Republican policies have proven over and over historically that they are not good for the economy. All key economic indicators do worse under Reps than they do under Dems.

If the economy slows the next 8 months, that will be the proof to the public that Trump and his cabal have ruined the economy Obama saved and built. With a poor economy, the Dems will sweep into power and impeach Trump.

[El Supremo]

8. That's about where it was on January 11th.

And it is still about 8,000 higher since Drumpf was elected.

[yallerdawg]

9. Yes.

But we do love our 'signs and portents,' don't we?

[onethatcares]

10. it's funny

the casino conman didn't hang around D C to toss some superlative words out for the masses to feed on.

Nope, he couldn't get to VA fast enough.

Was there a presser today?

[yallerdawg]

11. Actually...

he's headed to Mar-a-Lago now.

His time with 'the little people' is done for the week.

Now, he evades them.