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DOW futures look pretty horrible at this moment (Original Post) beachbum bob Oct 2018 OP
Caterpillar earnings came in way low due to tariffs.... that's what is driving it. scheming daemons Oct 2018 #1
reality doesn't play well now... beachbum bob Oct 2018 #2
It would be great if we get ten more business days of it. DemocratSinceBirth Oct 2018 #4
Good. cilla4progress Oct 2018 #3
I agree jcgoldie Oct 2018 #6
Dow −353.80 now malaise Oct 2018 #5
Shithole will blame the brown people via Iliyah Oct 2018 #7
Buckle up Johnny2X2X Oct 2018 #8
And by good I mean cilla4progress Oct 2018 #9
diwn -442. Back under 25,000. nt leftyladyfrommo Oct 2018 #10
-468.96 n/t malaise Oct 2018 #14
driving force is Caterpillar blaming earnings loss directly on Trump's tariffs beachbum bob Oct 2018 #11
Not just Caterpillar report,it's down almost 2,000 points in 2-3 weeks.......... Bengus81 Oct 2018 #12
#TrumpSlump (R) Achilleaze Oct 2018 #13
 

scheming daemons

(25,487 posts)
1. Caterpillar earnings came in way low due to tariffs.... that's what is driving it.
Tue Oct 23, 2018, 09:35 AM
Oct 2018

...and that rests solely at the feet of Trump.

Johnny2X2X

(19,066 posts)
8. Buckle up
Tue Oct 23, 2018, 09:52 AM
Oct 2018

2018 has not been a good year for indicators. The stock market will likely finish down for the first time in a decade. Job growth is is down. UE rate is largely flat.

We had decent growth, but those good numbers are the exception. This economy is slowing down. “Economic Downturn” could start to show up in the headlines soon.

I’m not one to blame or credit the President 100% for the economy. This is a huge economy with massive factors. But we could be in for a rough ride. What Presidents do have power over is how to manage a recession, and Trump has thrown away many of his tools he would need to lessen a recession.

cilla4progress

(24,736 posts)
9. And by good I mean
Tue Oct 23, 2018, 10:05 AM
Oct 2018

It's all the orange anus has going for him. A nice little economic downturn could help put the screws to him.

Sorry to be so cynical.

Bengus81

(6,931 posts)
12. Not just Caterpillar report,it's down almost 2,000 points in 2-3 weeks..........
Tue Oct 23, 2018, 10:41 AM
Oct 2018

It was all smoke and mirrors BS anyway and most knew it but it made IRA's and 401K's go up. The DOW hasn't gained a fucking penny since Jan when it hit 26,616. It touched that number a few weeks back and then started dropping.

If was doing anything then Spanky would be talking it up at his endless NAZI rally's but he never mentions the Markets. Down 500+ points right now.

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