General Discussion

Politicub

(12,327 posts)

82. Another republican recession is on the horizon

Mon Feb 5, 2018, 05:03 PM

Feb 2018

Maybe it started today.

Republicans bring with them recessions and massive deficient spending. So it's no surprise the stock market is behaving in the way that it is.

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Oh shite Dow goes below 25,000 [View all] malaise Feb 2018 OP

Fox business tounge tide Watchfoxheadexplodes Feb 2018 #1

boom Angry Dragon Feb 2018 #2

It's only 2:30 so we'll see. I suspect this is the beginning of a correction AJT Feb 2018 #3

Only if Powell puts Wellstone ruled Feb 2018 #4

Well, I don't see that happening. AJT Feb 2018 #5

Last night on the Bloomberg Wellstone ruled Feb 2018 #9

LOL. Please explain how that works A HERETIC I AM Feb 2018 #49

At 24450 it's looking like a crash TNLib Feb 2018 #54

Notice the Market Markers are Wellstone ruled Feb 2018 #63

New Fed Chair Wellstone ruled Feb 2018 #60

Yeah...so? A HERETIC I AM Feb 2018 #71

I am inclined to agree with you. PoindexterOglethorpe Feb 2018 #51

Notice the 1 Trillion in Bond sale memo is finnally out. Wellstone ruled Feb 2018 #67

That is it in a nutshell. They're readying for the clean up Wwcd Feb 2018 #97

Yup,going to get real Ugly Wellstone ruled Feb 2018 #100

Cheap hat for sale.... Lochloosa Feb 2018 #6

Oh My! malaise Feb 2018 #7

That should be stapled to his head. dchill Feb 2018 #106

24953.04 right now according to my Fidelity feed Yo_Mama_Been_Loggin Feb 2018 #8

Sooooo....you sold on Friday? A HERETIC I AM Feb 2018 #24

No Yo_Mama_Been_Loggin Feb 2018 #28

Well good! A HERETIC I AM Feb 2018 #46

Good point to make. Kind also. :) Hortensis Feb 2018 #57

Don't sell! I made that mistake years ago..... Honeycombe8 Feb 2018 #87

I'm scared to look... CanonRay Feb 2018 #66

White House claims to be concerned Flipz Chipz Feb 2018 #10

...or Hillary, or Schiff, or Pelosi... Still In Wisconsin Feb 2018 #79

Lock her up! Mira Feb 2018 #96

Don't remember when I saw the VIX this high in one day Wwcd Feb 2018 #11

totally self-serving comment- go vix. mopinko Feb 2018 #41

Point taken. What happened at 12 pm ET to drive it this fast in 3 hrs? Wwcd Feb 2018 #50

this much volatility will amp it up. mopinko Feb 2018 #56

Yes. Indeed. I see that US Banks today stopped allowing bitcoin to be Wwcd Feb 2018 #69

Down 610 bearsfootball516 Feb 2018 #12

Glad I had an order in to cash in all my stock at the opening bell today Generic Brad Feb 2018 #13

+ Smart call Wwcd Feb 2018 #17

Good timing for the sell. sorry about your job ending lunasun Feb 2018 #20

So it's your fault? Wounded Bear Feb 2018 #40

I'm going to blame the Republican tax plan Generic Brad Feb 2018 #43

Works for me... Wounded Bear Feb 2018 #47

We'd better launch another Benghazi investigation, and quick! Orrex Feb 2018 #14

May need more than that now malaise Feb 2018 #38

IF he even mentions it, who will he blame? The_Casual_Observer Feb 2018 #15

Who else?--Obama & Clinton.... lastlib Feb 2018 #95

VIX is 25 !!! uponit7771 Feb 2018 #16

What is VIX ? obnoxiousdrunk Feb 2018 #34

volatility index, once it goes up things get bad if it was down for a while like it has uponit7771 Feb 2018 #42

666 Again Today??? WyattKansas Feb 2018 #18

Down 720. Jesus Christ. bearsfootball516 Feb 2018 #19

Is this the biggest percentage drop ever? PearliePoo2 Feb 2018 #21

Yes. Largest Intra-day Point Drop for DOW in History Wwcd Feb 2018 #53

Percentages are all that matters; points are relative to the total market. 7962 Feb 2018 #84

Lol. Cuz you hate Trump. 🤔 Wwcd Feb 2018 #93

I agree about using percentages vs. points. But there are some absolute values that are good - erronis Feb 2018 #114

I'm trusting you simply PoindexterOglethorpe Feb 2018 #55

Fundamentals appear strong? Johnny2X2X Feb 2018 #22

Curbs wont apply until the S&P drops 7% UpInArms Feb 2018 #23

Now the Dow is down 900+ (just over 3%) UpInArms Feb 2018 #25

Here are all the numbers UpInArms Feb 2018 #26

Now down 1600 UpInArms Feb 2018 #33

How many billions of dollars in losses is that? Wednesdays Feb 2018 #36

Dunno, but here is an interesting chart UpInArms Feb 2018 #48

Now down 1,045 as of 3:03 pm hatrack Feb 2018 #27

Ali Veshi pointing at -1,500 roscoeroscoe Feb 2018 #35

Down 1,134 3:09 pm hatrack Feb 2018 #29

Down 1,528 as of 3:10 hatrack Feb 2018 #30

There was a day back in the fall of 2008, not too long before the election that year, PoindexterOglethorpe Feb 2018 #62

Looks more dramatic because the numbers are so high to begin with. salin Feb 2018 #68

Oh, yeah - it was just the speed of that 3:00 drop that was interesting hatrack Feb 2018 #77

Eye popping indeed. Reminded me of W's market at its most volatile. salin Feb 2018 #88

-1343 Yo_Mama_Been_Loggin Feb 2018 #31

1100 points down and continues to fall quickly AlexSFCA Feb 2018 #32

couple more days like this and we can call it the beginning of recession?? AlexSFCA Feb 2018 #37

Recessions are based on GDP growth not the stock market VMA131Marine Feb 2018 #52

Volatility Index is over 63% Wednesdays Feb 2018 #39

+1 uponit7771 Feb 2018 #44

The super wealthy like to see a few fleas shaken off down below. More opportunities for bargains. jalan48 Feb 2018 #45

That's a good point. Wwcd Feb 2018 #64

788.58 (3.09%) G_j Feb 2018 #58

hmmmm... starting to feel like a full blown market panic. Adrahil Feb 2018 #59

I could not believe how fast it dropped ! kentuck Feb 2018 #61

Almost as shocking as how it went up 1500 points over the past month. cbdo2007 Feb 2018 #72

His mouth makes the Dow drops SummerSnow Feb 2018 #65

Because the Patriots lost. As did the many mllions of $$ bet on the SBowl Wwcd Feb 2018 #70

Well then all that money went to the WINNER of the bet, so Vegas mustve done well! 7962 Feb 2018 #86

Lol. Congrats!$$ Wwcd Feb 2018 #94

If you are going to follow the market, my advice still stands Maeve Feb 2018 #73

It is not a "crash." It is a correction. Down only 8%. We were overdue for a correction. Nitram Feb 2018 #74

Wages are up nearly 1% in the last two months Calista241 Feb 2018 #75

it's nothing but a pyramid scheme anyway. nt TheFrenchRazor Feb 2018 #76

I'm sure a lot of algorithmic trading is behind this free fall IronLionZion Feb 2018 #78

Ummm ... but keep in mind that KPN Feb 2018 #107

As people get closer to retirement, it's best to gradually shift from stocks IronLionZion Feb 2018 #110

I would point out that it is still up 15% from one year ago. James48 Feb 2018 #80

It's where it was in December IronLionZion Feb 2018 #111

#Trumpcrash Still In Wisconsin Feb 2018 #81

Nicole Wallace just said largest ever intraday drop. malaise Feb 2018 #83

Ha! Like having the biggest, hugest, most massive ever, most unbelievable Still In Wisconsin Feb 2018 #89

Trump Dump! Wall Street investors take a dump. nt Honeycombe8 Feb 2018 #91

Another republican recession is on the horizon Politicub Feb 2018 #82

Biggliest intraday drop ever malaise Feb 2018 #85

#Trumprecession Still In Wisconsin Feb 2018 #92

And the R traitors in Congress will start with the cut Social Security MarcA Feb 2018 #109

and I just ordered my DOW 26K hat elmac Feb 2018 #90

Hehehehehehe malaise Feb 2018 #98

A BLOODBATH brought to you and I by the conservatives and their careless agenda ffr Feb 2018 #99

well hell! Everythings on sale now.. im buying!! samnsara Feb 2018 #101

Imagine if this had happened 1 week ago, before the SOTU n2doc Feb 2018 #102

Just my luck extvbroadcaster Feb 2018 #103

Is the Trump slump coming? Dopers_Greed Feb 2018 #104

Of course it will be the Democrat's fault along with the Russia investigation. Kablooie Feb 2018 #105

This message was self-deleted by its author Blue_Tires Feb 2018 #108

And my retired union job neighbor said (back in December)... C Moon Feb 2018 #112

Yep - they will all see what he can do - it's what he's done all his life malaise Feb 2018 #113