The mighty Dow Jones has sank!

M

MutheeK

Lister
It's taken less than a month to send the Dow back to about where it was on Day 1 of the Trump administration...an 8,000 point plunge

Crude oil prices have also fallen to below $26, the lowest since 2003


Screenshot_2020-03-18 Live stock, index, futures, Forex and Bitcoin charts on TradingView(1).png
 
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If there's one thing Trump should've learned of late about the world of finance, it's that there's no political upside to a president tying his fortunes directly to volatile markets. Trump seems to have convinced himself that good days on Wall Street are a result of his genius, while bad days don't count.

But this is ridiculous. Jay Carney, one of the Obama-era White House press secretaries, noted a while back that it's a "good time to recall that in the previous administration, we NEVER boasted about the stock market -- even though the Dow more than doubled on Obama's watch -- because we knew two things: 1) the stock market is not the economy; and 2) if you claim the rise, you own the fall."

www.msnbc.com

Trump's off-again, on-again interest in the stock market

If there's one thing Trump should've learned about finance, it's that it's a mistake for a president to tie his fortunes directly to volatile markets.
www.msnbc.com www.msnbc.com
 
The greatest headache of all nations now is the sudden strength/gain by the USD. But Kenya that is none of our bizzzz. Tumekanyagia mia for a very long time. Australian dollar, pound, NZD zote ziko nauko chini zkikufa
 
Othello said:
The greatest headache of all nations now is the sudden strength/gain by the USD. But Kenya that is none of our bizzzz. Tumekanyagia mia for a very long time. Australian dollar, pound, NZD zote ziko nauko chini zkikufa
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Its simple. Everybody is shedding off stock, especially hedge funds, in favour of cash hence the dollar rise while stock crash
 
Ule Msee said:
Corona should be hyped even on rooftops.
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Soros-Funded Group to Spend Millions Attacking President Trump Over Coronavirus
Tue Mar 17, 2020
Daniel Greenfield

26

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soros_cspan_clip.png

#Patriotism.
Sure, that money could help actual affected people, but during an economic crisis and a pandemic, the Democrats will use big donor money to smear President Trump and undermine the administration. How patriotic of them.
A Democratic super PAC said Tuesday it would spend $5 million on digital advertising flaying President Trump for his response to the novel coronavirus, one of several groups that planned to devote resources to this type of messaging.
The campaign from Pacronym — a political action committee affiliated with the nonprofit group Acronym — represents the first major pivot to coronavirus-related advertising fewer than 250 days from the election.
“This is a public health issue and a national security issue, but it’s also a public policy issue and thus a political one,” said Tara McGowan, the founder and chief executive of Acronym, whose board includes veteran Democratic operatives like David Plouffe, who managed Barack Obama’s 2008 bid.
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And mostly it's an opportunity.
Already the group has run a handful of ads about the lack of tests for the novel virus.
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Sure that money could be used to help fund tests, but isn't this much better?
McGowan said her organization was weighing ethical considerations in deciding on the substance of the advertising and would heed whatever recommendations the technology companies issued about coronavirus-related content
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Ask the foxes about a henhouse pass.
Who's funding this unpatrotic slime campaign?
On December 27, 2019, PACRONYM received a $1.5 million donation from billionaire investor Seth Klarman.
On November 21, 2019, Donald Sussman donated $1 million to PACRONYM.
Film director Steven Spielberg donated $500,000 on December 6, 2019.
Hollywood producer Jeffrey Katzenberg donated $100,000 on December 26, 2019.
Software executive Kenneth Duda donated $1 million on December 4, 2019.
British-American venture capitalist Michael Mortiz donated $1 million on November 15, 2019.
Financier George Soros donated $2,600,000 to PACRONYM between 2017 and 2019.
Media figure Fred Eychaner donated $1,500,000 to PACRONYM between 2017 and 2019.
ACRONYM board member and Dollar Shave Club founder Michael Dubin donated $50,000
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Of course. Good old George.
Funny how we can shut down all public life, but no one can do anything about this campaign to undermine our coronavirus response.
 
NusuMkate said:
Soros-Funded Group to Spend Millions Attacking President Trump Over Coronavirus
Tue Mar 17, 2020
Daniel Greenfield

26

Share to FacebookShare to TwitterShare to MoreShare to Print
soros_cspan_clip.png

#Patriotism.
Sure, that money could help actual affected people, but during an economic crisis and a pandemic, the Democrats will use big donor money to smear President Trump and undermine the administration. How patriotic of them.

And mostly it's an opportunity.

Sure that money could be used to help fund tests, but isn't this much better?

Ask the foxes about a henhouse pass.
Who's funding this unpatrotic slime campaign?

Of course. Good old George.
Funny how we can shut down all public life, but no one can do anything about this campaign to undermine our coronavirus response.
Click to expand...
That post and everything from that site just proves that drumpfs cult army will bring a lot of sideshows avoiding the fact that drumpf downplayed info about corona, but got his ass handed to him when it turned out that it was serious business. Yes, he got his ego hurt, there's nothing his cult will do to change that. It's now beyond who was right or wrong, it's about making proper decisions to contain corona. Mambo ya sideshows kando.
 
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