Biggest Stock Drop Ever

[ClydeR]

Too bad the actual percentage loss was only 4.5% total value. This is far less than Black Tuesday Oct 29, 1929 where the market lost 11.75% total value. And the real largest loss ever in the market on Black Monday Oct 19, 1987 when the market lost 22.61% total value.

Math.

Well at least Trump did the biggest tax cut in history. Right?




https://www.youtube.com/watch?v=Q0Wk9ShYNy4

[cwolff]

No, it's not "just the way it is". It may seem that way when you're playing the retard in political theater, this does not change the fact that economic policy is normally projected over a 10 year period. Not once have I heard "This policy will do x over the next 365 days" but rather it's "this policy will do x over the next 10 years".

But do continue, I'm always open to my political enemies giving me ammunition. It's like you don't even understand profit taking.

No one's talking about what you're talking about. Get with the program professor.

[Gelston]

I wonder what Donald himself thinks who is to blame?

Also, this is a fake tweet.

[Wrathbringer]

Also, this is a fake tweet.

I don't think he cares as long as it fits his narrative.

[cwolff]

Well my Fidelity account is inaccessible because of high traffic volume but my 401k from work is down 1.59% for the year so far. It was like +15% a week ago.

I'm not too alarmed about the stock market ups and downs. It felt like "irrational exuberance" had come again. I do wonder though if these big drops will feed on themselves and just keep driving it down to the point that we begin to see real losses vs. paper losses that snowball the whole thing.

[Jhynnifer]

All you people been saying it is still Obama's economy though, when did it change to Trump's?

If the Dow Jones gets higher than before the drop after this, does it revert back to Obama's again?

It's Trump's economy when it's good and Obama's when it goes bad, duh.

[cwolff]

It's Trump's economy when it's good and Obama's when it goes bad, duh.

Like the job numbers:

“I talked to the president prior to this, and he said to quote him very clearly,” Spicer said. “They may have been phony in the past, but it’s very real now.” Spicey

[audioserf]

A 26k DOW was never sustainable, a correction is long overdue. This isn't 2008 all over again but 26k is probably not coming back.

[Methais]

See you're one of those cunts I was talking about. Your boy is out there tweeting his tiny fingers off about the stock market gains now you all will rationalize it.

Bush’s fault.

None of you trump people have a backbone. Just a bunch of spineless little bitches sucking donnies little dick

You fucks are so predictable. All about the tide pods with you right now. Nothing more than a mindless halfman piece of shit who's so emotionally invested in don frickin' trump that you debase yourself for him everyday

You sound very angry. On a scale of 1 to 10 how mad are you? Please don’t beat us up with your internet toughness. Because I can tell you must be a pretty tough guy on the internet when you’re not getting pegged.

[RichardCranium]

You sound very angry. On a scale of 1 to 10 how mad are you? Please don’t beat us up with your internet toughness. Because I can tell you must be a pretty tough guy on the internet when you’re not getting pegged.

For future reference all scales measuring anger will be from 1 to Chris Brown.