Trumps glorious "new record everyday" dow in the tank

[brokephibroke]

And how about that record GDP?

I’m sure he will be crowing about this today.

[Mike 03]

1. Dow Jones Industrial Average is currently -465.

[brokephibroke]

3. He will be tweeting about this any minute now....

[lame54]

13. The best part about a big drop...

It really shuts him up

[TheBlackAdder]

2. Perhaps they are signaling that Capitalism will eventually become Authoritarian Capitalism.

.

Death to the free market is in sight.

.

[brokephibroke]

5. As long as trump feeds the largest corps tax cuts

That would be the trend...

[Wounded Bear]

11. Unfettered Capitalism will inevitably devolve into Fascism...nt

[Midnight Writer]

15. Exactly.

[dawg day]

4. Biggest deficit ever!

He should brag about that accomplishment.

[brokephibroke]

6. Trump is the King of Debt!

[NewJeffCT]

7. if the economy was really great

the deficit should be going down - instead, it's artificially making a mediocre economy seem better than it really is.

[Wellstone ruled]

8. The last three days of

trading in January have in past years been a economic blood bath. Appears today might be one of the worst. Yield Curve went south last night and is triggering other issues. Remember,the first half of the Trading day is now mostly Computer Trades and if you understand the Algorithm's used,the daily Political News plays heavily into those Algo's.

Looks like Cramer's remarks earlier are Juicing the Futures and Options trades. Remember,a major Oil Trader took a hit for the second time in the Billions sometime in the last ten days.

[brokephibroke]

9. Jimmy Chill?

Got to admit I like the guy.

The Wuhan thing is the big deal. A lot of companies are worried about supply chain disruption.

[Wellstone ruled]

10. Just got a text from our

Niece who's son is a English Teacher in Vietnam at this time. This is the Chinese New Years Holiday time. All Manufacturing as well as shipping idles during this week to ten day time frame. Again,the thing to watch for is when Companies open for business late next week.

BTW,this same Young Man used to teach English in Wuhan last year and the year before until blow up with Huwiey Tech and Canada. Plus Trumps tariff's caused the Red Army to ruff up and harass both Americans as well as Canadian's. Long story short,after his Apartment was Ransacked,he left for Vietnam with a Canadian Friend who was a Teacher as well. He never has gotten his China Travel Documents as well as his Passport Back from the Chinese Border Agents. The Consult in Vietnam was able to issue him new papers just recently.

[Wounded Bear]

12. People go into profit taking at the end of the year for tax reasons...nt

[Wellstone ruled]

14. This sell off seems to be

driven by two negative stories,Virus,and yield curve . BTW,the Feds opened the Repo Window yesterday indefinitely till late fall. All about keeping the NASDAQ and Dow at over inflated values in a effort to reelect the Orange Anus.

[Midnight Writer]

16. CNBC just reported Consumer Confidence is high, but Investor Confidence is low.

Hmmm. Wonder which group has the real knowledge?