General Stock Market has biggest Crash since 2008

Welcome to our Community
Wanting to join the rest of our members? Feel free to Sign Up today.
Sign up

SensoriaUtopia

First 100
First 100
Jan 17, 2015
3,353
2,635
According to MSN, hopefully this one is accurate. They got me yesterday on a bs article about Maradona but this seems accurate, I mean it is the stock market so we can all look at our phones.

I know Trump has been tying a lot of what he calls success to the stock market rise, which I found odd because I dont think his economic plan even kicked into place until October.

What's weird is also the bit coin crash a week or so ago also, not sure if there is a correlation. I am admittedly wet behind on the ears on this so I don't mind being edumacted on some factors.
 

SensoriaUtopia

First 100
First 100
Jan 17, 2015
3,353
2,635
APnews says the dow is down ... that's about it lol

I am looking at my phone, everything is down this is what my phone, an Apple Iphone 8 is saying right now

Nasdaq -144.92
NYSE -296.62
Dow J -665.75
AAPL -.728
SBUX -.23
NKE -.43
T - 1.09

That's not just dow, that's literally evreything across the board

Also what the fuck is T?
 

Jehannum

TMMAC's Most Handsome Artist
Jan 26, 2016
12,756
13,916
Minor?

Right now if I click into google "stock market", its not just MSN, there are dozens of articles from dozens of sites talking about a huge plummet

So are they all just lying?
The market was at a record highest, and it hasn't flatlined, it's just come down to something more reasonable :D

try reading the articles instead of focusing on the sensationalist headlines
 

SensoriaUtopia

First 100
First 100
Jan 17, 2015
3,353
2,635
The market was at a record highest, and it hasn't flatlined, it's just come down to something more reasonable :D

try reading the articles instead of focusing on the sensationalist headlines

I am reading, and every article is saying its crashing badly and this was actually predicted a week ago by investors talking about low volatility.
 

SensoriaUtopia

First 100
First 100
Jan 17, 2015
3,353
2,635
Here is one quote

"Some investors called the tail-end of the bull market a “melt-up” – with US shares continuing to rise despite looking overpriced by traditional yardsticks, warning it was a last hurrah before a downward correction or crash.

The latest sell-off comes amid stronger signals for the health of the global economy, which investors fear could fuel higher levels of inflation that would prompt central banks to raise interest rates."

Another article

"The Dow closed down 666 points, or 2.5%, its biggest percentage decline since the Brexit turmoil in June 2016 and steepest point decline since the 2008 financial crisis."

Another article

"Now, investors are suddenly skittish.

On Friday, stocks tumbled by more than 2 percent, propelling the market to its worst week in two years.

The immediate catalyst was the jobs report, which showed the strong United States economy might finally be translating into rising wages for American workers — a sign that higher inflation could be around the corner. But what is really worrying investors is that the fuel behind this stock market boom, namely cheap money from global central banks, may disappear sooner than they thought.

In recent weeks, the shift in sentiment has played out across the world’s largest financial markets. As stocks have sold off, Treasury yields have surged. The dollar has slumped."
 

SongExotic2

ATM 3 CHAMPION OF THE WORLD. #ASSBLOODS
First 100
Jan 16, 2015
42,003
54,204
Scare mongering.

It's only because the media can't find any more pussy grabbing victims to tell us about today
 

SensoriaUtopia

First 100
First 100
Jan 17, 2015
3,353
2,635
Scare mongering.

It's only because the media can't find any more pussy grabbing victims to tell us about today

LOL no offense but that is complete bullshit. Media? These are hard numbers and its dozens of sites saying it, and none of them are affiliated iwth each other. By chance are a Trump voter that thinks everything you don't agree with is fake news?
 

Jehannum

TMMAC's Most Handsome Artist
Jan 26, 2016
12,756
13,916
LOL no offense but that is complete bullshit. Media? These are hard numbers and its dozens of sites saying it, and none of them are affiliated iwth each other. By chance are a Trump voter that thinks everything you don't agree with is fake news?
You are telling all of us to take this more seriously than it would appear is required, and no one seems to agree with you that this is earth shattering news. You do seem like a typical lib dem trying to ram home some narrative that simply doesn't exist.
 

BrunoMcGyver

Bruno no dey carry last
Dec 30, 2015
6,503
10,288
Buy low. Buy now. Sell high. Wait til low. Switch, Buy. Wait. Sell. Repeat. Rinse. Profit.
 

SensoriaUtopia

First 100
First 100
Jan 17, 2015
3,353
2,635
You are telling all of us to take this more seriously than it would appear is required, and no one seems to agree with you that this is earth shattering news. You do seem like a typical lib dem trying to ram home some narrative that simply doesn't exist.

I am actually proving proof, whereas you are just putting your hands in the air and saying "la la la no"you sound like a typical brainless trump tard who lets Sean Hannity and rush Limbaugh tell him what color the sky is, you want to go there, I went there
 

SensoriaUtopia

First 100
First 100
Jan 17, 2015
3,353
2,635
You are telling all of us to take this more seriously than it would appear is required, and no one seems to agree with you that this is earth shattering news. You do seem like a typical lib dem trying to ram home some narrative that simply doesn't exist.

and LOL at you, narrative that don't exist? Do you not have a smart phone that shows you the stocks. Do you not have google, go type stock market in google and see what you find, you are a typical Trumptard man. You all can't think for yourselves
 

Jehannum

TMMAC's Most Handsome Artist
Jan 26, 2016
12,756
13,916
I am actually proving proof, whereas you are just putting your hands in the air and saying "la la la no"you sound like a typical brainless trump tard who lets Sean Hannity and rush Limbaugh tell him what color the sky is, you want to go there, I went there
and LOL at you, narrative that don't exist? Do you not have a smart phone that shows you the stocks. Do you not have google, go type stock market in google and see what you find, you are a typical Trumptard man. You all can't think for yourselves
 
M

member 3289

Guest
Now that we're past year 1 and Trump's economic policies are starting to show, the economy is going to shit.
 

SensoriaUtopia

First 100
First 100
Jan 17, 2015
3,353
2,635
I see when jehannum can't debate he just posts pics saying "triggered"


Too predictable pal
 

jason73

Auslander Raus
First 100
Jan 15, 2015
74,592
137,012
even cnn who loves to shit on trump is saying worst week in 2 years not worst drop since 2008