WOW, the DOW never crashed that bad when Obama was president.

Jarod said:
You gotta go all the way back to George W. Bush to see numbers this bad.
Click to expand...

Trump is making things worse by lying, giving false information , spinning conspiracy theories, and simply not looking or acting like a leader. This is Trump's leadership moment and he is failing miserably.

People can handle the truth. They want transparency, forthrightness, and measured confidence. When people see a fat orange pig lying, casting blame, and not looking like a confident steady hand, it is going to introduce a lot of uncertainty to individuals, institutions, and macroeconomies.
 
Markets are giving Trump an F
Rick Newman
Yahoo Finance
March 12, 2020, 9:24 am

President Trump learned a dangerous trick during his trade war with China: A few choice words can reassure financial markets and send stocks soaring.

Trump has tried to do the same thing amid the coronavirus outbreak, with disastrous results. First, Trump tried to downplay the crisis as cases mounted and businesses began canceling events. His top economic adviser, Larry Kudlow, even suggested people should buy stocks, as the virus was metastasizing. You’d be down nearly 20% in a mere three weeks if you took that terrible advice.

Trump tried to get serious on March 11, when he gave a prime-time TV address announcing a confusing ban on travel from Europe. The convoluted plan renewed an abrupt selloff in stocks, putting a stake in the bull market that began all the way back in 2009.

The latest selloff began while Trump was still speaking, indicating a direct connection between Trump’s words and investor panic
 
Hello Cypress,

Cypress said:
Markets are giving Trump an F
Rick Newman
Yahoo Finance
March 12, 2020, 9:24 am

President Trump learned a dangerous trick during his trade war with China: A few choice words can reassure financial markets and send stocks soaring.

Trump has tried to do the same thing amid the coronavirus outbreak, with disastrous results. First, Trump tried to downplay the crisis as cases mounted and businesses began canceling events. His top economic adviser, Larry Kudlow, even suggested people should buy stocks, as the virus was metastasizing. You’d be down nearly 20% in a mere three weeks if you took that terrible advice.

Trump tried to get serious on March 11, when he gave a prime-time TV address announcing a confusing ban on travel from Europe. The convoluted plan renewed an abrupt selloff in stocks, putting a stake in the bull market that began all the way back in 2009.

The latest selloff began while Trump was still speaking, indicating a direct connection between Trump’s words and investor panic
Click to expand...

What an amazingly bad leader. Did he think shooting from the hip and shutting down Europe travel to the US was going to buoy the market?
 
archives said:
Possibility exists that for the third straight time in a row a Democrat President will have to come in and resurrect a ruined economy handed off by the previous Republican Administration
Click to expand...

yet it is more likely that the market will fully recover once people realize that the virus is actually no worse than a pimple on a demmycunt's ass and that more people die from falling out of bed every year......
 
Jarod said:
You gotta go all the way back to George W. Bush to see numbers this bad.
Click to expand...

You truly are an incredibly disingenous obnoxious arsehole, so why wasn't there this level of hysteria and worse when H3N2 killed 80,000 Americans? You won't answer because you are a truly partisan prick!! Unlike Covid 19 it also killed many children as well, why are you such a heartless bastard, because you're used to telling huge lies every day as part of your job and now it's ingrained. I have totally lost any respect I had for you in the past.

https://www.vox.com/2018/9/27/17910318/flu-deaths-2018-epidemic-outbreak-shot
 
Last edited:
Grokmaster said:
NEVER HAD FOUR YEARS STRAIGHT OF 2-3% ANNUAL growth, wage increases outpacing inflation by more than 3%, and 700,000 manufacturing jobs that went away under Obama, either.


Trump doesn't have $12 TRILLION in QE "play money" tp give to the banks to put into the markets either, but the MARKET WILL RECOVER JUST FINE.
Click to expand...

Dire forecast: U.S. economy could tank 4% in the second quarter as nation shuts down to fight coronavirus

https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/ACEF4D04-648F-11EA-BBAF-956FCC553CE3
 
Just bought some more Apple, it will never be this cheap again!! You can be sure than Warren Buffett is going crazy buying stocks right now.
 
and the vultures of wall street are waiting to pounce on the "buy low" train as soon as the media runs out of panic soup

relax folks, been there done this
 
Cypress said:
Dire forecast: U.S. economy could tank 4% in the second quarter as nation shuts down to fight coronavirus

https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/ACEF4D04-648F-11EA-BBAF-956FCC553CE3
Click to expand...

Wishful thinking? I hate to break it to you snowflakes on the left hoping to drag Sleepy Joe across the finish line; but after this HOAX is exposed and goes away, the economy will BOOM once again in the second half.

Schedule your suicide watch early; there's going to be a long line come November. ;)
 
You must log in or register to reply here.
Back
Top