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Sitting in a MickeyD's, drinking coffee. Faux News is on a muted TV and (Original Post) sinkingfeeling Dec 2018 OP
Ask to have it turned off. maxsolomon Dec 2018 #1
Hmmm...thanks for the heads up. This going down over 1%, especially over 1% has happened ... SWBTATTReg Dec 2018 #2
They WILL change the channel... JCannon Dec 2018 #3
The faux Pres needs to go. This will continue -- the wild KPN Dec 2018 #4
It's down about 2% for the day. PoindexterOglethorpe Dec 2018 #5
It is Friday the market usually sells off in case something bad happens over the weekend. CK_John Dec 2018 #6

SWBTATTReg

(22,154 posts)
2. Hmmm...thanks for the heads up. This going down over 1%, especially over 1% has happened ...
Fri Dec 14, 2018, 03:08 PM
Dec 2018

too many times over the last month or so. Am I going to say that the big BOOM downwards is coming? Well........

I got everything parked on the sidelines...markets have had a good run, now the tailwinds, all artificially induced by rump and his idiotic antics are starting to wear and tear at the fabric.

 

JCannon

(67 posts)
3. They WILL change the channel...
Fri Dec 14, 2018, 03:25 PM
Dec 2018

I know that your original post was about the DOW, but the image of Fox on a public TV is also worthy of address. When my local MickeyD tried that, I complained often -- first to the counter personnel, which did no good. So I eventually went to the website and found the complaint form, saying that I took offense at a racially insensitive statement broadcast on Fox. (This was not a lie.) It had the desired effect.

As for the stock market: I hate this! I hate rooting for an economic downtown, because I know that struggling poor people will be hurt. And yet it may be the case that this is the only thing that will hurt Trump.

KPN

(15,647 posts)
4. The faux Pres needs to go. This will continue -- the wild
Fri Dec 14, 2018, 03:34 PM
Dec 2018

market volatility that is — until he is gone and replaced with someone the markets view as more stable. I have reduced my market exposure to about 23%; and 40% of that is in bonds (mostly short term bonds). I’m going to wait till the boogeyman occupying the WH is gone before I risk my retirement savings any further. I’ve already incurred 5.5% loss in my (well my wife’s and my) retirement accounts this year.

PoindexterOglethorpe

(25,871 posts)
5. It's down about 2% for the day.
Fri Dec 14, 2018, 03:39 PM
Dec 2018

Big whoop.

It's down about 4% or so from the beginning of the year.

We've simply had a lot of several hundred point daily swings all year, but the overall trend is always up in the long term. Yes, there could be a huge crash at some point. More likely it won't be so much a sudden crash as an overall trend downward that lasts a few years. Along the way, keep in mind that while the Dow frequently posts record highs, it never posts record lows.

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