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watching the futures mkt. yesterday was just a dead drumpf bounce. (Original Post) NRaleighLiberal Mar 2020 OP
This message was self-deleted by its author democratisphere Mar 2020 #1
the "taxcut" as a form of helping the economy take on the coronavirus was all made up crap beachbumbob Mar 2020 #2
I think we will enter bear market territory by the end of the week Maeve Mar 2020 #3
Another very volatile session is underway. DinahMoeHum Mar 2020 #4

Response to NRaleighLiberal (Original post)

 

beachbumbob

(9,263 posts)
2. the "taxcut" as a form of helping the economy take on the coronavirus was all made up crap
Wed Mar 11, 2020, 09:21 AM
Mar 2020

trump/gop had to throw something out there no matter how ridiculous. PPT help drive the market up and now reality comes back into play as all the expectations are vanishing that the US has a plan at all. Trump already made it clear he wonlt work with Pelosi and McConnel is taking the back seat as well.


Pelosi should come forward with plans but all have solutions to DACA and immigration issues as well as worker safeguards with the virus crashing our economy. trump and mcconnel will say no and that will be that

Maeve

(42,281 posts)
3. I think we will enter bear market territory by the end of the week
Wed Mar 11, 2020, 09:26 AM
Mar 2020

That's 20% off the high, so @23640 for the DOW, and 2709 for the S&P. It was a good 11 year run, but bull markets can't last forever.

As to the lowest? Depends a bit on His Lowness and how badly he continues to manage things. And on how the virus proceeds. And the oil price wars...

DinahMoeHum

(21,784 posts)
4. Another very volatile session is underway.
Wed Mar 11, 2020, 09:29 AM
Mar 2020

Between this long-overdue correction on the markets and this COVID-19 pandemic, a big-ass VOTE OF NO CONFIDENCE is being issued to Trump and his mis-administration.

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