A major group of stocks just erased its gains for the year, and the Dow is not far behind

[DemocratSinceBirth]

The Russell 2000, composed of small-cap stocks, is officially in correction territory and down nearly 13 percent from its 52-week high.
Small caps, publicly traded companies with a market capitalization ranging from $300 million to about $2 billion, were a hot trade earlier this year as investors bid the stocks up as a bet against tariffs.
The Dow Jones Industrial Average is close to wiping out its own year-to-date gains — down more than 7 percent from the 52-week high. The Dow is up just 0.8 percent for 2018.

https://www.cnbc.com/2018/10/23/a-major-group-of-stocks-just-erased-their-gains-for-the-year.html

Too late to affect the elections or not ?

If the M$M is legit this should be the story, not the caravan.

[Achilleaze]

1. #TrumpSlump (R)

republicans pissing all over America's economy with their stinking Tax Cuts for the Rich, while serving up insults for working people and the poor.

[saidsimplesimon]

2. A DOW dive would really rattle

the cage of our monster and his sycophants in residence. A temporary crash now would be a game changer. Of course, this is coming from someone who thinks there are "forces" that can manipulate markets. Pay no attention

[jberryhill]

3. Otherwise known as "October"

[Wellstone ruled]

6. This is beyond the normal October

slump. When the Russell takes a major hit like this past month plus,something else is happening. And today,Eourpe just tanked in a major way.

Been watching the Housing numbers since May. The slow down is now accelerating,yes,we are out of the prime sell season,but,year over year to date says,we are heading South Bound and Down.

Look for major layoffs before Thanksgiving and the reason I say that is this,Truckload Shipments have slowed to certain areas of the Country . Certain Consumable Goods Inventories are way out of balance,Commodity Markets are in rough shape.

And the last two loads of Soybeans are now on the water to China and there is zero orders in the near or far future.

[Grasswire2]

7. How do we get people to stop saying how fabulous the economy is, then? nt

[Wellstone ruled]

11. Appears our Media

which owes it's soul to Corporate America,does not want the Populace to find out the truth. Sad to say,when the 88k + Verizon and Ford Workers run out of Unemployment Bennies,count on it,the bitching will be bull horn loud.

[Grasswire2]

13. it's not just the media

It seems generally accepted. Although 40 percent of America can't come up with $400 for an emergency.

[Wellstone ruled]

15. So true,that is why the

proliferation of the Pay Loan and Title Loan outfits. Got to love it,they roll these loans up and sell as bonds to the likes of Well Fargo,which btw,is the largest buyer of these followed by Chase/Mellon and JP Morgan.

Funny how that works,South Dakota and Nevada are the main Domiciles of these blood suckers.


And as you mentioned,you say 40%,I have seen numbers closer to 60%,again that is going to vary as to regions. Betting out of the 40%,most would be hard pressed to come up with that 400. Here in Vegas the hard pressed number would be north of 50%.

[uponit7771]

10. +1, 13% in an index isn't normal ... there was a nearly 15% earlier this year right?

[Wellstone ruled]

12. Everyone looks at the Dow.

And they think,holy cow it is fantastic. Yes,but,it is Tech Heavy with five stocks running the average. Take out Amazon,Intel,Apple,Alphabet and Priceline,Ka-Boom,you got reality.

[duforsure]

4. This is just the tip of the ice burg

For the trump slump. How long now before it really get dropping and then the value of the dollar craters? I'm expecting a much worse situation than happened under W Bush and Chenny, and his policies with everything is damaging our economy more than he thinks. trump and the gop will pay dearly when the people realize this is going to hurt all of us badly . If we take both houses of Congress we might be able to keep it from them making it worse. They've hurt the economy but again he and the gop will have a millions excuses , then blame anyone else but themselves for this disaster they've created , again.

[CountAllVotes]

5. That is what you get for ...

Pandering to a batch of rick pukes!

They don't give a dime to anyone but themselves.

No more dimes to give to themselves = jump off that building over thar ...

[workinclasszero]

8. TrumpSlump...............

Sure didn't take Rump and the GOP long to start ruining Obama's good economy huh?

[GusBob]

9. Climbing back up

Wall Street is run by crooks who want to prop Trump up

[mtnsnake]

14. Closed down 125.98 points n/t

[GusBob]

16. Tanking again this am

bombs don't help I reckon

[GusBob]

18. Bombs away

[Johnny2X2X]

17. The Trump Slump continues

The Obama Boom is over, the Trump Slump is taking us lower.