General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDOW has given back all but about 500 points from Trump's first day in office
in otherwords, DOW closed up maybe 500 points from Obama leaving office.
VMA131Marine
(4,145 posts)captain queeg
(10,231 posts)rurallib
(62,439 posts)I saw the other day that a day in 1987 had a 22% one day loss, but that the $$$ loss was less than today.
From google:
On October 22, 1987known as Black Mondaythe DJIA fell by 508 points, or by 22.6%, the largest percentage drop in one day in history. The crash sparked fears of extended economic instability around the world.
Demovictory9
(32,468 posts)rurallib
(62,439 posts)that Trump has racked up.
I calculated roughly we are @ 30% + drop from the top of the market in February.
And most of it is due to the confidence in the government being shaken because we have an idiot in charge with no clue what to do.
John Fante
(3,479 posts)What was the worst single-drop at the height of the Great Recession?
Chainfire
(17,605 posts)Are you better off today than you were four years ago?
pamela
(3,469 posts)SiliconValley_Dem
(1,656 posts)rufus dog
(8,419 posts)And that is before any stabilization. A complete cluster. Repukes MUST have their noses rubbed into this Orange pile of shit. Any tRump supporter including all elected Republicans MUST be laughed off and ignored. Get back to me in a decade.
Demovictory9
(32,468 posts)rufus dog
(8,419 posts)The ignorant have basically made NO return under tRump. So the 2nd to last fig leaf they have is gone.
Time to make them be honest, they are ignorant racists.
Demovictory9
(32,468 posts)Roland99
(53,342 posts)ProudMNDemocrat
(16,786 posts)Ask your Trumper friends....How is your 401k doing now?
Ours took another hit today. Belt tightening time.