US stock markets worst loss since 2008

[downbeatplumb]

According to fox news.

https://secondnexus.com/news/read-fox-ne...c94d0ec567

[Gawdzilla Sama]

Damn you, Obama!!!!!

[Astreja]

(checks cash in investment account and buys more ETFs while market is in slump)

[Gawdzilla Sama]

(checks cash in investment account and buys more ETFs while market is in slump)

I bought $5,000 in yen the day before Reagan was shot. I sold it back two days later and made $500. A month later I bought the yen again. Same price as the first purchase. That $500 came out of thin air.

I was hoping the Secret Service didn't make the connection.

[Cato]

I hope this is just a retraction as everyone eyes the midterm elections, but this would deny reality in an overly optimistic way. Trump is an economic imbecile:

1. After 11 years of growth there is no surplus. The government is going to have to borrow $1.2T for the current fiscal year. Congress' profligate spending (both parties) is partially to blame.
2. Trump howling at the fed over interest rates is asinine. The interest rates are significantly lagging inflation.
3. Inflation will have its nitro button pushed when the $500B in China tariffs take effect in January.

[downbeatplumb]

I hope this is just a retraction as everyone eyes the midterm elections, but this would deny reality in an overly optimistic way.  Trump is an economic imbecile:

1. After 11 years of growth there is no surplus.  The government is going to have to borrow $1.2T for the current fiscal year. Congress' profligate spending (both parties) is partially to blame.
2. Trump howling at the fed over interest rates is asinine.  The interest rates are significantly lagging inflation.
3. Inflation will have its nitro button pushed when the $500B in China tariffs take effect in January.

Indeed, his policies are a blue print for a major crash and the world has not recovered from the last one sufficiently.

[Brian37]

(checks cash in investment account and buys more ETFs while market is in slump)

I bought $5,000 in yen the day before Reagan was shot. I sold it back two days later and made $500. A month later I bought the yen again. Same price as the first purchase. That $500 came out of thin air.

I was hoping the Secret Service didn't make the connection.  

I knew Hinkly was innocent. You wrote those letters to Jodie.