DJIA has dropped 2k points over the past 1.5mos Who gets credit for that? Asking for a friend...

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QOP = Terrorists
FK = Gay

I would suggest asking the same people that blamed Obama for the recession caused by the housing bubble bursting.

Economy heating up too fast is probably the prime concern. Blame the cut-tax and spend Repubs for pressing the boundaries of stable recovery.

Yes, but for that, it can be easily pointed out that the housing bubble burst well before Obama was anywhere near office. The housing crash started in 2006 and really took hold in 2007.


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QOP = Terrorists
FK = Gay

It was absurd certain people blamed it on Obama...... however those are the same people you should ask about the 2k point drop.

Just the normal ebb and flow of markets. Don't confuse a market with the economy.

Or in the immortal words of AC/DC: " Its a long way to the top if you want to rock and roll."

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So if you are a surfer I wish you the prosperity that allows you more time to pursue the salt water dream, and the true happiness that comes from warm water, clean waves and the companionship of your fellow surfers. If you are an internet troll just spewing bs then f off.

2006--dem controlled congress!

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Romans 8;18-32 John 3;16-18

ANTIFAAAAA!

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When America was "great"

 

A little birdie told me what started the volatility was when an auction for US treasury bonds went on as regularly scheduled but NOBODY BOUGHT EM...  not sure exactly what that means, perhaps people think it's no longer possible we can pay debt as so starting to see writing on wall. And of course raising interest rates 

 

Personally, I sold and staying on sideline for bit... would not be surprised to see large correction 20-30% but feel that's ok healthy market as IMHO was very overvalued. As I've said in post before while this is some crazy shit crazy financial times I do believe and have faith our great country will find a way!!!

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get up early and go surf - it'll make that hangover go away and/or make the workday more tolerable :)

About what I was expecting - never an original thought or opinion. Go Team!

BTW, the bubble started growing well before 2006. Quick, get back to faux/breit/infow/nratv so they can tell you what to say next...



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QOP = Terrorists
FK = Gay

The seeds of it go all the way back to Clinton if everyone wants to be completely honest. The Bush administration is culpable as well. OF course, now there is an entirely different conversation going on.

I heard it's the weak bond market too.

I listened to an economist on NPR about six months ago when bonds first began to weaken and he was surprised that the Market was continuing to rise. It looks like it finally taking hold.

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I was right.

We're due for a general correction, but might as well blame twitler.

Turnabout is fair play i suppose.

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Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".

Trump is culpable when he does things that have immediate impact .....like causing a trade war for no reason. However, most policy changes historically take a long time to have full impact. Years in many cases.

A trillion in debt in six months won't help either.

I wonder about the new economic numbers too. They said retail was off the charts, yet brick and mortar stores are collapsing like card houses? Something ain't right.

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I was right.

It makes perfect sense. Brick and mortar is collapsing because of the shift in how consumers do their shopping. The collapse of brick and mortar book stores was the early warning sign of what was going to eventually happen to most other retailers, and we see it happening now.

Yes, but it's not just the stores themselves, it's the people who transport the stuff to the stores and the surrounding businesses that are supported by the employees and customers. A food court in a thriving mall can employ hundreds. Those jobs are doomed too in an Amazon economy.

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I was right.

Hi!

My name is $1 Trillion in New Debt in the Past Six Months!

Am I too late to the party?

The holding of interest rates at ridiculously low levels from Clinton to Bush enabled the subprime debacle

Interest rates rising again as they should. The middle class is going to get squeezed and the American Dream will have to be reframed

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As did lack of oversight