Dems' Mueller-Infused Impeachment Cry Roils the Stock Market

[orangecrush]

By CCN: A surprise statement and resignation from special counsel Robert Mueller did little to help the wobbling stock market on Wednesday. The Dow briefly fell beneath 25,000 before rallying to back to 25,126, down 221 points for the day. Meanwhile, the Nasdaq closed down 0.79%. Mueller made it clear he did not exonerate the President but had no valid court to try him in. This appeared to be another trigger for stock declines alongside the bond yield sell-off,


https://www.google.com/amp/s/www.ccn.com/dems-mueller-impeachment-stock-market/amp


Wall Street is not the American people.

Fuck 'em.

[A HERETIC I AM]

1. The writers at CCN need a little better grasp of nomenclature

As the expression “bond yield sell off” makes no sense.

They used that term and put a hyperlink to a Bloomberg story on Yahoo! Finance that does NOT use the term.

You can’t “sell off” yield.

Yields fell not because there was a sell off, rather a rally on bonds occurred, running prices up and as a consequence yields went down.

[orangecrush]

2. Thank you

I enjoy your posts greatly, but I do not understand financial terms.

[malaise]

3. They should explain yesterday or last week

Fuck 'em.

[orangecrush]

4. Agree.