The stock market tanked 500 points below today. Has Trump's decline begun? [finance.yahoo.com]
In This Market, Remember the First Rule of Holes
Tuesday's market action can be summed up very simply -- it is terrible. The big problem for the bulls Tuesday is that there isn't any tweet on China trade to bail them out. When there is action of this type it is a good idea to remember the "First Rule of Holes:" if you are in one, stop digging.
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Trumps decline began while ago, the system is catching up.
We're so fucked.
1of5
Level 8
Oct 2, 2019
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We are or he is?
1of5:
@St-Sinner everyone is.
The checks Congress and the courts are supposed to exert against the exceutive branch - and haven't been for <checks watch> too fucking long now - has created an imbalance of power that's going to be painful and difficult to undue.
Now if what comes from this is a constitutional convention that gives us an even better system I'll change my mind, but even with that silver lining of hope this is going to be ugly, messey, expensive on many fronts, and harm a metric shitton of people who shouldn't be hurt.
The Stock Market is ridiculously volatile at best.....
AnneWimsey
Level 9
Oct 2, 2019
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