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how far did the Dow go down today (Original Post) gopiscrap May 2020 OP
Dow down 390 leftieNanner May 2020 #1
Stock market is not the economy, elleng May 2020 #4
Oh, I know! leftieNanner May 2020 #5
However, I'm pretty sure if the Dow falls Still Sensible May 2020 #10
He is now known as Assface in my house, I think because of you. mahina May 2020 #6
You are so welcome to share the name! leftieNanner May 2020 #7
−390.51 n/t malaise May 2020 #2
1.59 percent elleng May 2020 #3
It was up over 900 points on Monday MichMan May 2020 #8
I hear alot of rumblings about a liquidity crisis and exboyfil May 2020 #9
Markets hate this type of volatility. LanternWaste May 2020 #11
It took about 3 years for the stock market to hit bottom after Black Tuesday, 1929 Victor_c3 May 2020 #12

leftieNanner

(15,084 posts)
1. Dow down 390
Tue May 19, 2020, 05:29 PM
May 2020

Nasdaq 50.

I'm so torn about the stock market. I want it to totally tank to ensure that Ass Face goes down in flames in November. But we have a few bucks invested and I would prefer that it NOT tank.

Still Sensible

(2,870 posts)
10. However, I'm pretty sure if the Dow falls
Tue May 19, 2020, 06:49 PM
May 2020

and looks like it's headed for that 20,000 figure again, the odds of the House stimulus that was just passed will rapidly stop looking DOA in the Senate... and the Marmalade Anus will be leading the charge.

leftieNanner

(15,084 posts)
7. You are so welcome to share the name!
Tue May 19, 2020, 05:50 PM
May 2020


I used to be more polite and called him The Orange One. Not any more.

exboyfil

(17,863 posts)
9. I hear alot of rumblings about a liquidity crisis and
Tue May 19, 2020, 06:47 PM
May 2020

bad debt (a lot of it predating the crisis). This seems to be the same conditions that led to the 2008 crisis. The only thing stopping it is the helicopter money.

I dropped my equity early in the crisis. I wish I had bought back in about five weeks ago. Of course I would be out again now.

I am scared about long term inflation. It seems the things I will need to survive are going to go up dramatically.

 

LanternWaste

(37,748 posts)
11. Markets hate this type of volatility.
Tue May 19, 2020, 06:56 PM
May 2020

Bulls and bears are macro-factored into the market as a whole, and have specific, quantifiable responses we'd see from any other administration.

All things being equal, a measured response to the markets tanking the past sixty days would have been administered quickly and effectively to mitigate the over-arching sense of chaos, but idiot-trump's response is to pretend an enemy where there is none, ignore the relevant factors, and whine like a delicate snowflake deny the market from correcting as it should.

Victor_c3

(3,557 posts)
12. It took about 3 years for the stock market to hit bottom after Black Tuesday, 1929
Tue May 19, 2020, 07:10 PM
May 2020

This could go on for quite a while yet. There’ll still plenty of time for things to collapse. I think it’s still too early into the ongoing pandemic to know how bad things could get.

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