Dow down 6% in 2018

[edhopper]

Another bust for the Commander in Shit.

[Sherman A1]

1. So much winning!

It's just hard to keep up......

[at140]

2. I Don't feel sorry for DOW

It was around 2000 in 2016, now around 2500. That is 25% gain in 2 years!

[Bucky]

4. Yeah, but in economics you count things in opportunity costs.

A mismanaged year of 6% loss isn't just 6% down. There's the 2% inflation that we lost against plus the 10% additional gain we could have gained if he'd just stuck to Obama's policies plus the long-term fuck up that will come because top-heavy growth in the economy (read "pointless tax cut for jillionaires" ) is steering us toward a massive market correction some time in the next 18 months.

He's fucking up the long-term stability of the American economy, doubling down on what we're doing wrong and exploding what we were doing right.

[thegoose]

6. Yes, this will last a long time

Add to it the environmental rules this orange piece of shit is negating as well as the conservative (and unqualified) judges all over the country. Hell, he won't even be alive to see how much hell he's generating. But you can bet it makes him jack his tiny cheeto. Worthless mobbed-up fuck.

[at140]

9. Correct, but you can't let any politician ruin your life

I expect Trump to fuck up the stock market in 2019 & 2020,
so I have already taken defensive actions in the market. I am
not going to let Trump or anyone ruin my finances. We have
not much other choice until January 2020.

[Bucky]

3. I may have to retire my retirement plans. Thanks O-- fuck it, Thanks Trumpsky

Nearly fell back into sarcasm mode there. But this shit is serious. That fucker has trade-warred me into an extra year of working, in just two years of presidenting!

[PoindexterOglethorpe]

5. Down 6% isn't even in correction territory.

And it's not as though this is the first year since 1938 that the market has been down.

People seem to lose sight of the fact that the market goes up and it goes down. The long term trend is always up, and averages 10% a year. Markets set new highs frequently. They never set new lows.

[onenote]

7. True. And its not necessarily a harbinger of 2019's market results.

Remember, the market was down around 3.5 percent. Some forecasters thought the downward trend would continue in 2016, but the market was up (even before Trump was elected).

[edhopper]

8. It is in correction territory

from the yearly highs.

[at140]

12. Market is also over-valued based on historical data

It continued to be excessively over-valued for the first 20 months of Trump.

[Yo_Mama_Been_Loggin]

10. Running the country like he runs his businesses

Right into the shitter

[oasis]

11. Trump voters own this fiasco. nt

[oberliner]

13. The Dow is at 23,000 to close 2018

It was under 20,000 at the close of 2016.

[uppityperson]

14. And? So?