General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAfter the Dow fell over 20% points the president went on TV to brag of a one day rise in stock mkt
peoples' 401K's were decimated and trump took credit for a one day bump in the stock market
mainly due to the declaration of a national emergency that made $50 bilion dollars available to deal with the emergency.
he bragged that he should hold press conferences five times a day (gloating that the stock market would rise each time)
he's incapable of any sense of empathy.
we are in the incapable hands of a madman who takes no responsibility for his actions.
I'm disgusted.
Liberal In Texas
(13,548 posts)GopherGal
(2,008 posts)... and pats himself on the back for undoing a fraction of the damage he did earlier.
Are_grits_groceries
(17,111 posts)Roland99
(53,342 posts)exboyfil
(17,862 posts)To that fool Lou Dobbs. You know those horror movies where s child or an idiot is given power. We are living it.
kentuck
(111,085 posts)With all those established businessmen, on a late Friday evening, to announce a national emergency and billions of dollars input into the system.
It worked. At least, temporarily.
exboyfil
(17,862 posts)That it was time to take advantage of Dead Cat Bounce 2 and clear equities. 401ks fulfill orders at the end of the day. I had a balanced portfolio going in, but I had no intention of continuing to ride the coaster.
ProfessorGAC
(65,010 posts)This was not a good weekend for investors.
Talk about a total shutdown will make some traders nervous. Long term profit taking might be the priority and others might be happy to buy at a discount.
Not predicting, but it's possible.
Maeve
(42,281 posts)Yeah, I crayoned the whole wall, but look how clean THAT bit is!!