The global market selloff that plunged U.S. stocks into a bear market continued at a furious pace Thursday, as investors absorbed news of a travel ban between the U.S. and Europe and fear over the impact of coronavirus continued.
The S&P 500 shed 7% shortly after the opening bell, plunging the index into bear market territory and triggering a 15-minute halt in trading. The drop marked the second time this week that a rarely-used circuit breaker was triggered.
This is what happens when you build your economy on speculation instead of real work and value. The stock market is just rich playing blackjack on chinese goods. Trumpanzees.
This exacerbated it. Who is behind it? StockMarket Bloomberg China
gtconway3d Just wondering.. were there any Trump kids that bought stock when it hit that low? Trump cannot be trusted. Maybe his 'screwup' was intentional?
beltrandelrio CHINA has painted their faces, again. I'm so glad about that.
game over
gtconway3d realDonaldTrump is not only endangering the American people with the Corona Virus. His statements and his incompetent actions also lead to price drops on the stock exchanges, which in turn massively affects the assets of thousands, if not millions, of Americans!!!!
panic selling. smart people are buying.
Tax cuts working Smoothly
gtconway3d The Trumpocalypse continues! Markets crashing again. Maybe we would be way better off if Trump doesn’t speak and put on travel restrictions.
So now who is sick? this is the lesson.
RIP
Come on!The market is making the history!
Saudi Arabian Sovereign Wealth Funds are taking a real beating. Fools.
Not the divine intervention to get Trump out I expected but I'll take it
gtconway3d The stock market is plummeting, because they see a domestic public health crisis that is worsening by the day, and a president who has no clue what to do about it. Trump is trying to deal with the coronavirus as a stock market problem, not a health issue.
gtconway3d If we’re going to call out every politician or public figure for calling this the Wuhan Virus, China Coronavirus, etc., (which I believe we should), can we start calling out WSJ for this image which clearly depicts an Asian man with a man in front of a U.S. stocks graph?
So the intended consequences are happening. The cabal is coming together and doing everything it can to give Donald J Trump a black eye.
gtconway3d The maguic number ? The Dow closed at 19,827.25 on Inauguration Day
get out now, kids. buy high, sell low. key to riches
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Stocks Soar in Turbulent Trading a Day After Bruising SelloffU.S. share benchmarks closed sharply higher after faltering earlier in the day and suffering a stunning Monday selloff that dealt major indexes their biggest one-day losses since the financial crisis. Machine learning based buy and sell algorithms? Thanks Obama, amirite? VOLATILITY will be the norm! Most of the rise today was pure speculation that Trump will deliver a massive economic package! But no economic stimuli will create a vaccine. Wall Street is betting on a medical miracle from Doctor Trump...the 'stable genius'! We are DOOMED!!!
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