DOW down 835 points this morning

[Johnny2X2X]

Last edited Wed Oct 28, 2020, 10:56 AM - Edit history (1)

The markets are waking up to the fact that Covid is out of control and shutdowns are coming back very soon.

Updated title, lost another 110 points.

[Moostache]

1. The worst is yet to come...

There are bills being racked up for this that will come due in the Biden-Harris administration and I will bet my children's lives that the GOP is going to rediscover their concern for deficits in about 3....2....1....

[SoonerPride]

3. That vile piece of shit "Ted" Cruz said as much yesterday.

That's why we have to end the filibuster and not let them block Joe's policies to help our recovery.

[SoonerPride]

2. I for one hope it plummets 10,000 points in the next week.

And on election day it is under 18,000.

Investors can earn their money back under a Biden tenure.

I want the one last talking point of Donny Dumbfuck to be wiped the fuck out.

My losses would only be on paper and I have faith they'll come back.

America won't come back if trump remains.

That is all.

[TheRealNorth]

10. thats a politically dumb thing to say

some people's retirements rely on 401k's. Saying that is not a way to win their votes.

[SoonerPride]

11. The market can come back. America can't.

We must finish off trump.

That is the only thing that matters.

[Algernon Moncrieff]

4. I think it also represents that the market is betting on a Biden win

The selloff ahead of an election in which a change is anticipated does not necessarily signal a lack of confidence, but. Investors will likely look to reallocate holdings based on new spending priorities and tax policies.

Other things: bad news on the COVID drug testing front, and no stimulus -- possibly until the new Congress, but probably in lame duck.

[Demsrule86]

9. N0 it is about tbe stimulus. They know the economy is heading over a cliff without one.

I think McConnell is going scorched earth to hurt Biden ; he knows the Senate is gone.

[Skraxx]

5. Market Crash a Week Out from the Election?

Isn't that special?

[Klaralven]

6. Well, tomorrow is October 29...

[madaboutharry]

7. Stephanie Rhule (MSNBC) always says the markets hate uncertainty.

She knows what she is talking about. Covid-19 has the nation in a choke hold and no one can know what is really coming.

[JCMach1]

8. People will shut things down if it gets bad enough and the government

Doesn't...

So far the MSM has suppressed what happens to Survivors and how horrible this virus is. When it reaches critical mass of experience there will be significant change.

[Hugin]

14. +1

Yeah, and isn't it a shame it is like this.

[Liberal In Texas]

12. Apparently stacking the SC was more important than the "Good" economy

that the stock market symbolizes to Trumpy that he always likes to say he's responsible for. It was certainly more important to him than helping the people of this country.

Which means he really is counting on the Supremes to keep him out of jail.

[Johnny2X2X]

13. The 2 are actually related

They decided to ram through a justice rather than provide relief to the suffering American people.