Dow falls 1,191 points

[tyqb4]

Good luck with your "living" since you listed a "guy" as your number one source who "plays the market".

I don't think you read that correctly

[SillieBazzillie]

I haven't watched Fox news or any news in months.

It is my opinion coming from someone with experience playing the markets since I was a kid. It is also what I do for a living.

So you’re all in now I suppose?

[ImBunky]

Maybe people will now understand why we shouldn't be so dependent on China.

[AriGhold]

Completely not true.

Trump's policy of deregulation in the business sector has allowed business, both large and small, to flourish like never before.

The fall this week was somewhat because of the virus scare slowing down the world economy, and even more so because Wall Street is absolutely petrified of what a Bernie Sanders victory will do to the US economy.

They don't want him elected and I told you months ago if he is, that the Dow will fall 1000 points in a day and 10,000 points in a month.

This is there warning shot saying DO NOT ELECT HIM.

Yes. It’s definitely all that deregulation and not buybacks, a lot of which has been funded by debt and not cash. That’s definitely not concerning and artificially inflating growth. But you’re the expert!

[monty097]

This is the Trump Fox News spin.. it's not Trump's fault, or the Coronavirus, or a correction.. it's Bernie Sanders.

Fuking LOL.

lol even the lib shill networks like CNN and MSNBC are trashing Bernie.

nobody wants that guy to win except for dumbfuk millenials and gen z'ers that think he's going to give them free stuff.

[reinsdorfsucks]

lol even the lib shill networks like CNN and MSNBC are trashing Bernie.

nobody wants that guy to win except for dumbfuk millenials and gen z'ers that think he's going to give them free stuff.

Ya no kidding. I have even seen Bernie defended on Fox, albeit because they hate the DNC.

[NitrogenWidget]

not saying you're wrong about wall street exploiting anything they can exploit, but there are legitimate supply chain issues going on. I spent god knows how many hours a couple weeks ago on risk mitigation related to material from China because they aren't building **** right now. Those meetings are going on all over the world. The ripple effect on the global supply chain will be significant from this, and that's assuming the worst of it is over. I've seen estimates China is currently running at anywhere between 45% and 60% of their normal capacity. It will be close to 100 anywhere from early March (best case) to the end of May. The major tech companies will rebound eventually but there are definitely very real problems caused by this that you shouldn't overlook if you want to throw all your money at the market.

makes you stop and think that perhaps we should be manufacturing more in this country.

[Pissbeerbreh]

Ya no kidding. I have even seen Bernie defended on Fox, albeit because they hate the DNC.

The only guy I see on Fox defending Bernie on a daily basis is Greg Gutfeld, who was once a Never Trumper and sees a direct correlation between the way the media and political establishment are treating Bernie now compared to how they treated Trump in 2016, and he also rightfully warns us to tread lightly. They're saying Bernie has no chance in the world to win come November and that the democrats are doomed. Sound familiar? Ideological differences between the two couldn't be more far apart, but anyone who thinks Trump has 2020 in the bag better not get too cocky. Nothing is guaranteed, and it was that kind of smug hubris that cost Hilary bigly, in part.

Whether it's a contested convention or not, whether Bernie is the nominee or not, by rights or otherwise, the DNC is going to pull out every dirty trick in the book they have during the GE to try and make sure Trump loses. There's no shortage of votes from dead people, illegal immigrants or newly found stacks of boxes in high school closets to go around.

[NYPat]

I don't think you read that correctly

Lol fully admit I did read that wrong.

Good luck to OptimistPrime11 with his living though.

[Jrd86]

Ah, so basically a continuation of Obama's economy? Unless you can point out specific metrics that Trump changed the trend of.

Oh here's some, the debt, trade deficit, job creation, and manufacturing. All much worse now.

SAD

Then why do a majority of americans feel better off today than they did 3 years ago under Obama?

https://news.gallup.com/poll/285593/...elections.aspx

4 more years of Trump boyo...

[BigBallsMcgee]

Then why do a majority of americans feel better off today than they did 3 years ago under Obama?

https://news.gallup.com/poll/285593/...elections.aspx

4 more years of Trump boyo...

because of obamas economy duh *******

[reinsdorfsucks]

The only guy I see on Fox defending Bernie on a daily basis is Greg Gutfeld, who was once a Never Trumper and sees a direct correlation between the way the media and political establishment are treating Bernie now compared to how they treated Trump in 2016, and he also rightfully warns us to tread lightly. They're saying Bernie has no chance in the world to win come November and that the democrats are doomed. Sound familiar? Ideological differences between the two couldn't be more far apart, but anyone who thinks Trump has 2020 in the bag better not get too cocky. Nothing is guaranteed, and it was that kind of smug hubris that cost Hilary bigly, in part.

Whether it's a contested convention or not, whether Bernie is the nominee or not, by rights or otherwise, the DNC is going to pull out every dirty trick in the book they have during the GE to try and make sure Trump loses. There's no shortage of votes from dead people, illegal immigrants or newly found stacks of boxes in high school closets to go around.

I was also referring to Tucker, he even had Jimmy Dore on his show.

[gachase21]

Completely not true.

Trump's policy of deregulation in the business sector has allowed business, both large and small, to flourish like never before.

The fall this week was somewhat because of the virus scare slowing down the world economy, and even more so because Wall Street is absolutely petrified of what a Bernie Sanders victory will do to the US economy.

They don't want him elected and I told you months ago if he is, that the Dow will fall 1000 points in a day and 10,000 points in a month.

This is there warning shot saying DO NOT ELECT HIM.

This is because mainly supply chain disruption.


Simple small electric components used to build things here for example are only built there we have massive manufacturing plants here that only need that one little part and to continue until they get it.


This goes for certain pharmaceutical components, other raws, and various many other things.



The minute wall street feels comfortable supply chains will be at 100% within 30 days 70% of the losses will be regained.


Reminder will be dependent on the world economy recovering and how much we lose in tourism, as well as a few other things.


China is also a customer and they can’t buy stuff we lose out.





I still need to make the thread I said I would yesterday with my complete opinion on the subject which is very long and detailed - and I’ve been lazy and busy.



I’ll try to have it in by tomorrow, it’s much more stuff and detail.



The US is in the strongest position going into this and will be even stronger coming out- on many fronts including monetary policy, currency, economy, power, etc.


3 quarter Temporary disruption Max possibly 2 quarters.


That is for the economy, not the open markets.

[NYPat]

This is because mainly supply chain disruption.


Simple small electric components used to build things here for example are only built there we have massive manufacturing plants here that only need that one little part and to continue until they get it.


This goes for certain pharmaceutical components, other raws, and various many other things.



The minute wall street feels comfortable supply chains will be at 100% within 30 days 70% of the losses will be regained.


Reminder will be dependent on the world economy recovering and how much we lose in tourism, as well as a few other things.


China is also a customer and they can’t buy stuff we lose out.





I still need to make the thread I said I would yesterday with my complete opinion on the subject which is very long and detailed - and I’ve been lazy and busy.



I’ll try to have it in by tomorrow, it’s much more stuff and detail.



The US is in the strongest position going into this and will be even stronger coming out- on many fronts including monetary policy, currency, economy, power, etc.


3 quarter Temporary disruption Max possibly 2 quarters.


That is for the economy, not the open markets.

Somebody's panicking.

[Fishman15]

Lol @ suckers. Wall street is taking advantage of the corona virus, that's all. Can't blame them for that. This is nothing but a discount.

shhh, please don't explain it in sight of the lefties here. I'm counting on them to sell after it drops a little more...

[AriGhold]

Somebody's panicking.

He’s got a bad case of delusions of grandeur.

[Pissbeerbreh]

I was also referring to Tucker, he even had Jimmy Dore on his show.

I'm sure Tucker gets it too. I haven't watched him in a long time.

[gachase21]

Somebody's panicking.

Why would I be panicking?

[OPGenesis]

Somebody's panicking.

He’s got a bad case of delusions of grandeur.

These lol.

Just gonna be a giant wall of cope that the Fed is going to save us through inflation.

I won’t be subjecting myself to reading it.

[MoeBettuh]

Ah, so basically a continuation of Obama's economy? Unless you can point out specific metrics that Trump changed the trend of.

Are you illiterate?

[gachase21]

This lol.

Just gonna be a giant wall of cope that the Fed is going to save us through inflation.

I won’t be subjecting myself to reading it.

Inflation would be really nice right now, and might start to naturally happen.



But we don’t need the fed for this.



And I really really hope they don’t cut the rate.



You can’t fix supply disruptions with rates- long term we are much better if they don’t - part of the reasons I said they shouldn’t have done the last rate cut.

[OPGenesis]

Inflation would be really nice right now, and might start to naturally happen.



But we don’t need the fed for this.



And I really really hope they don’t cut the rate.



You can’t fix supply disruptions with rates- long term we are much better if they don’t - part of the reasons I said they shouldn’t have done the last rate cut.

Praying for you, man.

[Dave22reborn]

Ah, so basically a continuation of Obama's economy? Unless you can point out specific metrics that Trump changed the trend of.

Oh here's some, the debt, trade deficit, job creation, and manufacturing. All much worse now.

SAD

The national debt was 20 trillion dollars when Trump took office.

[Dave22reborn]

because of obamas economy duh *******

So when things are good it's Obama's economy, when it's bad, it's Trump's economy?

[xXGHOST23Xx]

The national debt was 20 trillion dollars when Trump took office.

How much is subtracted from it annually? what is the annual rate of decline in deficit spending since 2016?

[NYPat]

The national debt was 20 trillion dollars when Trump took office.

It wasn't but that didn't stop Trump from claiming he'd ELIMINATE THE DEBT IN 8 YEARS... surely any day now..

So when things are good it's Obama's economy, when it's bad, it's Trump's economy?

So you admit it's bad?

Good thing you don't have to worry about your income based on the economy.. or your retirement.. or your health insurance..

[tyqb4]

makes you stop and think that perhaps we should be manufacturing more in this country.

not really efficient for us to make components or do low skill/low value add activities. The market would never get to this point in the first place if our entire supply chain was vertically integrated.

[tnel00]

don't care

only good will come of this (idiot speculators losing their lunch)

[OptimistPrime11]

I don't think you read that correctly

Yeah I don't know what he was referring to there.

So you’re all in now I suppose?

No not at all. In fact as of today I am 100% cash.

I have been flipping some penny stocks (I play a lot of those and that is my true love) like TNTY, VYST, SHMP and some Corona stocks like NVAX and GNPX.

I am not sure what is going to happen with the Corona V, how much it will get hyped, and of course if Bernie keeps getting hype that is going to scare the markets even more.

So just laying low.

[z4v4]

I haven't watched Fox news or any news in months.

It is my opinion coming from someone with experience playing the markets since I was a kid. It is also what I do for a living.

I thought you were a big dick swinging partner of an exploding CBD company? Guess it was just a MLM pyramid that you bought into for $500 and pestering your friends and family to buy the CBD chit piling up in your garage, son, lmao.