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(3,329 posts)TexasTowelie
(111,963 posts)mahatmakanejeeves
(57,313 posts)Anthony DeBarros Retweeted
How rare is a 7.8% fall in the Dow? Here's a histogram of daily % changes since 1971, 12,404 of them. (Axis shifted thanks to one particular day in 1987.)
Link to tweet
mobeau69
(11,133 posts)Maybe the dangerous clown will come on the tube again later to pump stocks.
Chainfire
(17,474 posts)And in a month you are beginning to talk about real money......
This loss was a direct to Trump's speech last night. The markets know what we are in for.
budkin
(6,699 posts)I think all gains since Trump took over are basically gone.
Chainfire
(17,474 posts)for less than a cruise ticket.
exboyfil
(17,862 posts)Trump also owns number 12.
padah513
(2,496 posts)Was that the stock market was still higher than it was when he first took over. That may well be but at this rate, it won't be for long.
Danascot
(4,690 posts)On 1/20/17 when he was sworn in it was 19,827 so it might take another day or two.
smirkymonkey
(63,221 posts)JCMach1
(27,553 posts)malaise
(268,716 posts)Friday 13th - batten down folks
tavernier
(12,369 posts)Well it did buy us a few vacations over the years. Hubby and I always regarded it as pretty much just paper. We figured some huckster would come along sooner or later and either steal it or mismanage it until it was worthless. Never really thought that it would be the President because it was doing pretty well till now.
Sorry to the kids whose inheritance will be some crocheted doilies. Just kidding... cant crochet... you wont even get that, lol.
malaise
(268,716 posts)At least you got some vacations.
MoonlitKnight
(1,584 posts)Mean more stocks have to be sold to cover. This wont turn around on its own. Only leadership and creative strategy will stop the slide. With McTurtle in his shell and an idiot in the White House I dont have much hope.