Stock market tanking due to fears over a virus which has a lower deathrate than the flu.
Lefty media beside itself with joy, as you see here.
Finally, some economic news the libs will love
- Thread starter GhostOfMatchesMalone
- Start date
Stock market tanking due to fears over a virus which has a lower deathrate than the flu.
Lefty media beside itself with joy, as you see here.
Many investors also have a fear of a communist leading the pack on the socialist side. It's not all virus.
Hmmmm, what's the difference between a communist and a thief?
Which one is white collar and which one is blue collar?
Which one is white collar and which one is blue collar?
A market propped up on printed cash is going to be prone to wild swings. Traders are justifiably afraid that something will spook the Monopoly money and they’ll be forced to sell for actual valuation (or worse)(see 2007-2008). I’ll be interested to see if your attitude changes about Wuhan virus, because I think Trump’s about to change his tune. He better hope there’s no breakout from those infected Americans that his state department broke out of cdc-recommended quarantine.
“7x the rate for seasonal flu” ... “lower death rate than the flu.”
having a hard time squaring these two statements. Is this another one of those simplest equations that you Mensa types are always talking about?
Lumumba used the Mugabe print and spend model for his 8 years in office to prop up the Dow
First statement is incorrect. CDC said today that the virus is only impacting the elderly and people with compromised immune systems. Healthy and children aren't getting it.
14 cases in the US, zero deaths. Sorry, dems.
Stock market hates uncertainty, always has, always will. Yesterday some chick at the CDC (Rod Rosenstein's sister, I believe) came out and effectively said this The Plague and prepare for the end of days. Stock market crashed.
Today, her superior came out and said she was FOS, virus is only impacting the elderly and those with compromised immune systems, children aren't getting it.
Death rate lower than the common flu. Disappointment for the left.
Lamumba operated 8 years with virtually zero interest rates. Where, pray tell, are investors to put money but the US stock market or real estate? Certainly not a savings account at Bank of America. The DOW goes up.
Caterpillar is one of 30 DOW components. Caterpillar closes 2 mining equipment manufacturing plants because of Lamumba's war on the coal industry. With proceeds, Caterpillar does stocks buy backs. The DOW goes up.
I see you have a degree in humanities of some sort? While plenty of public equity offerings are based on potential and future growth (ie, hype), blue chip investments are based on earnings and the prospect of future earnings. And yes, Wall Street is as fickle as a long tailed cat in a room of rocking chairs, but at the end of the day, profits drive stock values. And no, the magic half- negro Obozo didn't build that. You've forgotten his relevation that near zero growth for the economy was the "new normal". SMH.
You mean the same gdp numbers that Trump is putting up notwithstanding continuing to print money, running up massive deficits and spending billions on bail outs? Cat full of rocking chairs? This strikes me as the type of economic analysis which would draw a like from Ghost... and lo and behold.
Armchair economists, take note. If Ghost is liking your post, you should probably head back to the drawing board.
Young bradley is enamored with the idea that our government prints money. Every post he makes on economics includes this line.
It's like he's educating himself on the fly again, and just discovered that we are continually printing money.
Curious how the left is now discounting and excusing all of Trump's glorious economic successes....after they spent 8 years telling us to quit crying that you couldn't find a job under obama, this gives you a chance to get outside and enjoy nature! Why being unemployed means you have plenty of time to walk to the park, meet your neighbors, and it will strengthen the bonds of community and make us all a better country!
No wait...obama said all that. Sheep loved him for it. Now Trump has put them all back to work, given them nice raises, and the left is miserable about.it,
Too bad. We tried being out of work and broke for 8 years under your guy, we are finding we like being happy, wealthy, and safe from criminals coming into the country a lot better.
https://www.thegatewaypundit.com/20...ndicators-show-massive-growth-over-next-year/
Liberals are all giddy with their claims (again) that the US is headed into a recession, this time due to the coronavirus. However, history shows us that when the markets went down like they did earlier this week, they always rebounded ‘bigly’!
Despite liberal market projections of a material economic and market downturn, history shows this is not the case when the markets had days like Monday and Tuesday.
Liberals are all giddy with their claims (again) that the US is headed into a recession, this time due to the coronavirus. However, history shows us that when the markets went down like they did earlier this week, they always rebounded ‘bigly’!
Despite liberal market projections of a material economic and market downturn, history shows this is not the case when the markets had days like Monday and Tuesday.
I like how Ghost mocks me for “educating myself.” “Shoot son, Patriots don’t read. We just know stuff.”
No, I'm mocking you for speaking from a position of ignorance, getting your ass kicked and THEN deciding it's time to educate yourself.
Markets seemed reassured by Trump’s presser and appointment of Mnuchin and Larry “we’ve got this contained” Kudlow to the virus team.
This is a teachable moment...by summer, when the stock market is back up to 30,000, the same dems cheering on the media's speculation that coronavirus is about to crash the world economy, will be the same dems that will be MAD AT TRUMP when the stock market bounces back.
Every time, the sheep buy into the media spin about Trump, they gobble it down. Then when the media is made fools of, the sheep NEVER stop to re-evaluate if they should stop listening to the media. They always always ALWAYS get madder at Trump.
These are not smart people.
