The Dow just logged its worst 2-day point slide in history -- here are 5 reasons

[Demovictory9]

The Dow just logged its worst 2-day point slide in history — here are 5 reasons the stock market is tanking and it isn’t just the coronavirus


https://www.marketwatch.com/story/the-dow-just-logged-its-worst-2-day-point-slide-in-history-here-are-5-reasons-the-stock-market-is-tanking-and-it-isnt-just-the-coronavirus-2020-02-25

[50 Shades Of Blue]

1. Thanks Trump!

[C_U_L8R]

2. Tech folks have been murmuring slump for a while

There’s a lot of pessimism out there and job seekers are looking for safe landings.

[Squinch]

3. Add no liquidity in the overnight market. The Fed has been pouring money into it to keep

rates down.

This was a flashing red light before 2008.

[meadowlander]

4. Also Brexit? The UK just drove its economy off a cliff...

[Abnredleg]

5. Misleading statistic

Going by the number of points the Dow slid is next to useless due to how it’s much it’s climbed over the past 10 years. As a percentage loss the past two days weren’t particularly bad.

[empedocles]

11. This 6% drop pales in comparison to the '87 drop of 22.6% in just one day.

Even a 2700 hundred djia drop on Monday would not equal percentage/real value drop of the '87 drop.

[democrattotheend]

6. Worse than 2008?

How could that be? I remember about a week or so when it was dropping 1,000 points a day. I remember one morning talking to my coworker and saying the Dow had fallen below 9,000, which was a misstatement - I meant to say 10,000. He said "phew, you scared me to death." Hours later, it was pretty close to falling below 9,000.

[Warpy]

7. We've been way overdue for a correction. Big Dummy's tax cuts

to his fat cat pals only delayed it rich men and corporations alike buying stocks..

Add to that the loss of two major Asian markets to virtual shutdown as quarantines expand, and you've got a recipe for a steep, overdue correction.

Financial writers just never tell the truth.

If you've got a foot in the stock market, remember that panic is the worst reason to make any decision, especially a financial decision.

[Wellstone ruled]

8. All the Corporate Tax Cuts went back into stock buybacks.

That on item inflated the values of certain Stocks causing mega run up in their prices.

The one thing that screams out of balance is,the make up of the Index's. When you have a half dozen stocks running the averages,things are going to be way out of balance. No friggin way a Tesla is a 800 dollar stock,same for a Amazon or Google/Alphabet. When a Industrial Average is top heavy to over valued Tech Stocks,what could go wrong. Especially when we here in the States are 4 years behind our leading Competitor for A.I. and mass Machine Printing for parts and Components.

[AJT]

9. This is a paragraph from that article....blame the dems..

"The 2020 election
Uncertainty about the U.S. presidential election’s outcome is also starting to drive markets, strategists and analysts argue. A number of them think that if Sen. Bernie Sanders, an independent from Vermont who characterizes himself as a democratic socialist, wins the Democratic presidential nomination, and possibly even the presidency, stocks would take a hit as he is perceived by some as an antibusiness candidate. “The risk to U.S. stocks is pretty significant if Bernie gets the nomination,” said Ed Moya, a senior market analyst with OANDA."

[spanone]

10. Damn, another milestone where trump triumphs over President Obama.