The Dow ended the day at -248.91

[malaise]

That's down three days straight for this week.

[regnaD kciN]

1. See? Electing a Democrat causes a stock market panic!

[InAbLuEsTaTe]

2. Looks like the party's over... 1st quarter economic forecast revised down from 5.5 to 1.8% growth.

[njhoneybadger]

3. Good,I hope it goes down more

[ck4829]

5. +1

[A HERETIC I AM]

14. Why?

Why do you hope it goes down more?

[redstateblues]

4. You'd think hiring Wall Street mogul/CNBC talking head Larry Kudlow would have

moved the needle up warded. Go figure

[spanone]

6. In three years we'll be doing the Heimlich maneuver on the economy again

if not sooner

[malaise]

11. Nicely put

I give Kudlow a maximum six months

[spanone]

15. those egos are destined for hard times

[politicaljunkie41910]

7. Actually the decline in the Market is due to concerns about the Dotard's initiating a trade war.

The Market doesn't think we need to be getting into a trade war with many of our allies. Besides the Dotard who made his money in the building industry using his Daddy's money and who went bankrupt 5 times, doesn't know shit about foreign trade agreements.

[Iliyah]

8. t-rump doesn't know about business

he will bankrupt the USA and it's happening slowly right now.

[panader0]

9. That was his assignment.

[malaise]

12. Yep

thing's haven't been rosy since he announced that.

[D_Master81]

10. the run is over

It may not tank any time soon, but the bull market that trump liked to tout all last year is done. Since the beginning of the year the dow is up .7%, take out January and its down 6% I believe. It goes down then it will come back up when investors see some bargains, but the market as a whole has used up the run on the tax cuts and it will probably be back to a 3-6% year.

[Yavin4]

13. Interest rates are going higher.

It's not a mystery. Wall Street hasn't seen rates higher than 2% since 2008:

NEW YORK (CNNMoney.com) -- In its latest effort to try and stimulate the U.S. economy, the Federal Reserve cut its key interest rate to a range of between zero percent and 0.25%, and said it expects to keep rates near that unprecedented low level for some time to come.

The central bank typically sets a specific target for its federal funds rate instead of a range. The rate had previously been at 1% and this marks the first time the Fed has cut rates below 1%. Most investors were expecting the Fed to cut rates to either 0.25% or 0.5%.

http://money.cnn.com/2008/12/16/news/economy/fed_decision/index.htm?postversion=2008121617