Dow drops 600 points again (Updated)

Shakes Magic 8 Ball,  “Cannot Predict Now”.

 

They are blaming rising interest rates today,  wait, no, it’s inflation this time,  they changed their mind. I’m waiting to see just how creative they can get at this point.

 

This is the Email blast I received,

Los Angeles Times
FEB 8, 2018
  BREAKING NEWS  

Dow dives more than 500 points

THURSDAY, FEBRUARY 8, 2018, 9:50 AM PT
The Dow Jones industrial average plunged more than 500 points today, continuing days of volatility that have roiled financial markets around the world.

Fears concerning higher interest rates have been blamed for Wall Street’s recent roller coaster ride, which has come despite strong earnings reports and solid economic data.
Read the latest

 

This what I got when I clicked on their link,

Stocks drop further; Dow industrials slide 600 points

 

Stocks are sinking again Thursday, extending a streak of losses that has yanked the market away from record highs. The Dow Jones industrial average slumped 600 points. The tumult started last Friday as investors worried about signs of rising inflation.

 

If it wasn’t for the fact that these assholes could crash the entire worlds economy because the wind blew the wrong way some fateful morning, this whole show would be comical.

 

The entire thing should be dismantled piece by piece, legally declared a menace to society and a mandatory death sentence immediately dispensed to the first cocksucker who tries it again.

 

UPDATED,

 

WHEEEEEEEEEEE!!!!!

Los Angeles Times
FEB 8, 2018
  BREAKING NEWS  

Wall Street’s wild ride continues; Dow dives about 1,000 points

THURSDAY, FEBRUARY 8, 2018, 1:08 PM PT
Stocks on Wall Street closed sharply down again today, with the Dow Jones industrial average falling about 1,000 points.

The volatility of the last few days also continued to plague the S&P 500 and Nasdaq indexes, which were both down significantly.
Read the latest

 

Everybody gets a free ticket for this ride.

7 thoughts on “Dow drops 600 points again (Updated)

  1. Nah, they wouldn’t want destroying their obscene way of income.
    Their enormous wealth makes these guys are incredibly powerful. Do you remember the British Pound dropping dramatically many years ago – almost destroying England‘s economy?
    T‘was just ONE filthy rich guy betting on the Pound falling:
    George Soros.

    Liked by 1 person

  2. Obama’s free money is coming to an end, and the market must stand on the fundamentals, which are not there. yet. the trump recovery is still rebuilding them.
    welcome to the correction… I predict a 10% minimum and a 30% maximum.
    things will get better…. in 3-6 months, but we might not see the dow at 25k for some time.

    Liked by 1 person

  3. last month when the market was rising nearly out of control and everybody was happy it was all due to Obama’s plans set up years ago. Now that the market is dropping, it’s all Trumps fault. The leftist media just can’t help but blame Trump for everything.

    Liked by 1 person

  4. I’m guessing that if interest rates rise as some predict, a lot of people will voluntarily leave the stock market to put some of their funds into more stable long term investments like Roth IRAs, 401Ks and similar. Interest on those banks notes are stupid low – no way can you grow your money for retirement that way right now. The stock market is way more lucrative, but you can lose your money quickly. Better’n nuthin.

    Like

  5. I am curious if George Soros was involved in the market falling. He shorted the British Pound in 2014 and made a Billion off that. He seems to do rather well when the market falls as well when it is up

    Like

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