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herding cats

(19,564 posts)
Wed May 17, 2017, 04:36 PM May 2017

Dow dives 373 points as Trump drama rattles market

Stocks fell sharply Wednesday following reports of a memo from former FBI Director James Comey that says Trump asked him to stop the investigation of former national security adviser Michael Flynn.

The Dow ended 373 points lower Wednesday -- about a 1.8% decline. It's the biggest drop since September.

A key measure of market volatility also spiked. The common "I word" in the market lexicon -- inflation -- is now being replaced by whispers of impeachment.

http://money.cnn.com/2017/05/17/investing/stocks-trump-comey/


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Dow dives 373 points as Trump drama rattles market (Original Post) herding cats May 2017 OP
It might be a good time to buy pretty soon. NobodyHere May 2017 #1
Thanks, Obama Worktodo May 2017 #2
Unless you're near retirement don't fret. herding cats May 2017 #4
Dang! gratuitous May 2017 #3
That was my take on this as well. herding cats May 2017 #5

herding cats

(19,564 posts)
4. Unless you're near retirement don't fret.
Wed May 17, 2017, 04:46 PM
May 2017

Trump will be gone eventually and things will straighten out again.

I only posted this because Trump bragged about how he was the reason for the markets recent rise. Looks like he may be the reason for a rapid decline as well.

gratuitous

(82,849 posts)
3. Dang!
Wed May 17, 2017, 04:46 PM
May 2017

One of the nitwit brigade's parrot points have been to point to the stock market and its robust behavior in the last three months. Now it drops 373 points in a day? New parrot point needed!

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