I hope the stock market drops tomorrow

[demtenjeep]

I don't want to lose money or anyone else



but I want dumpt to realize he can't fix shit

[LastDemocratInSC]

1. If the market drops precipitously he should resign.

Because the nation and world is expressing zero confidence in him. Voting with their money, literally. Any board of directors would fire a top executive who screws up as many things, and in so many ways, as Trump does. He must go now. Enough.

[demtenjeep]

2. Yes Sir

exactly

[madville]

3. I've been buying on the way down

It will bounce back eventually regardless, always does

[still_one]

4. Oh stop it. A lot of people are already being hurt. Trump's mishandling of the health crisis is

going to be Trump's Waterloo, or should be

The Fed is slashing interest rates again, to provide liquidity, which is good. However, the fed cannot stop the recession that is happening due to the pandemic, and the missteps and other things such as getting rid of the pandemic response team in 2018, and taking appropriate steps to minimize the damage, trump owns this

[gibraltar72]

5. Another vote of no confidence

Believe futures have hit the down trigger already.

[PatSeg]

12. Yes, that's what I heard

Not a good indication. The stock market will probably open down tomorrow.

[Adsos Letter]

26. Dow futures were down over 1,000 when I checked a minutre ago.

-1045.0 (-4.58%)

https://m.investing.com/indices/us-30-futures

So much volatility.

[PatSeg]

31. The market isn't buying

what Trump is selling. I'm afraid things will get worse before they get better. There will be occasional rallies as investors buy low, but overall I think it won't look good for awhile because of the coronavirus crisis. Too many businesses are being affected adversely, not just in this country, but worldwide.

[gibraltar72]

15. I'll sacrifice my gold

if my grandson can have a better safer life.

[captain queeg]

18. That's the way I feel. If it gets rid of Trump it'll be better in the long run.

[cwydro]

6. Thanks.

Nice to know you don’t care about those of us with something to lose.

Duly noted.

[demtenjeep]

8. I said I don't want to lose any more and don't want others to lose

but

fucker just fucked with the fed thinking it is the magic pill


I don't want it to work

[cwydro]

11. Hope it all works out for you!

[uriel1972]

10. I notice most of the "Burn, baby, burn" types aren't the vulnerable ones...

with the most to lose (even their lives if they can't get access to medicines and equipment).
It must be nice to live in such a way that burning the system down wont hurt you.

[cwydro]

14. Yes indeed.

Or they can always post a new gofundme to get what they need...

[demtenjeep]

17. um...being so sick and almost dying destroyed my leave and my IRA

and #fatdonnie destroyed what was left of it


so I lost everything thank you

[uriel1972]

19. As a disabled person I sympathize..

You have a right to be angry, very angry, white-hot furious even. I know that feeling. Be cautious in what you wish for as you still have something to lose.. even if it is only your life.

[maxrandb]

22. I don't know. Sometimes people actually have to touch the hot stove before they learn

It took the great depression to break the hand of the free market man back in the 1930s.

Maybe, if we're concerned about stuff getting all fucked up, we should quit electing Retrumplicans.

You know what the right-wing always say; "elections have consequences".

Maybe we should "be best" the next time.

The kids in cages, minorities, immigrant women and girls being raped and killed in Mexico and Central America, the LGBTQ kids being destroyed by right-wing justices and the hundreds of thousands disenfranchised by state sanctioned gerrymandering and voter suppression weep for your stock market losses.

[cos dem]

7. What will be really cool is the huge rebound on 4 Nov.

Possibly a bigger one on 20 Jan 2021. Biggest ever! Huge!

[demtenjeep]

9. YES

a massive rebound

[SiliconValley_Dem]

13. It will. Too many economy shrinking events happened over the weekend

For it NOT to drop

[lynintenn]

16. No more drops. Some people live on their investments after they retire.

[tinrobot]

20. Futures are down. I think it is going to decline for a while.

The economic impact of the pandemic alone will force a correction.

[brooklynite]

21. How much money should Union pension funds lose to make you happy?

[maxrandb]

24. As if Donnie Shit for Brains and Retrumplicans

Give one fuck about Union pensions.

Retrumplicans always... and I mean ALWAYS fuck up the economy.

They can fuck it up through economic policy, or they can fuck it up through incompetent governance... but they ALWAYS fuck it up.

I'm sorry that a lot of people are going to be hurt, but a majority of this country saw this shitshow coming a mile away.

Acting like folks are hoping for or rooting for an economic disaster sounds so Russian-Botic.

I hope that's not the case, but I'm seeing quite a few attacks on DU members that are simply saying; "I told you so".

Besides, some one wishing for the stock market to go down, or up IS NOT CAUSING the STOCK Market collapse.

It's being caused because of Retrumplican incompetence.

I guarantee you that if Hillary Clinton were President, we'd be much better prepared to respond to this crisis. You might see a 10% correction, but you wouldn't be seeing a 25-30% correction.

You elect good government, you get good governance. You elect morons and a crisis becomes a conflagration.

ELECTIONS HAVE CONSEQUENCES!

[Squinch]

29. All true.

[Turin_C3PO]

33. Yes, thank you.

[uponit7771]

32. If they haven't moved funds to cash by now then sue the shit out of them

... this was told the second the t invetered last month and the 30yr has been falling all February.

[CanonRay]

23. The really bad news hasn't happened yet

ant the Fed is out of tools. Wait till the mass layoffs and bankruptcies and defaults start. Hasn't happened...yet. But this shit isn't going away in a week.

[EarthFirst]

25. SMDH

Great plan!

Retaliatory politics are not in anyone’s best interest.

[earthside]

27. It doesn't matter what you hope ...

... don't feel bad about that.

It will likely go down because the Fed rate cut just stoked panic.
The Fed rate cut validates that the economy is in big, big trouble.
It will go down because Trump has been incompetent and foolish ... and even speculators and investors know it now.

[empedocles]

30. This 'correction'/crash is inevitable. Might as well happen on trump's watch.

[Niagara]

34. I hope the donald drops tomorrow

[MoonlitKnight]

35. Last week we had the first back to back 9%+ swings

Since the Great Depression.

[Totally Tunsie]

36. You're going to get your wish BIGLY.