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In reply to the discussion: The Dow is down nearly 200 points. [View all]Wounded Bear
(58,603 posts)8. 200 isn't even a blip....It's far less than 1%.
Not that I don't expect a downturn, I do. One problem, of course, is that most of the red states won't feel the effect of a downturn for a couple of years. Much like how they mis-read the Bush Recession, they don't understand how the blue states get hurt first and worst, and they don't care.
Get back to me when it drops 2000 in one day.
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Mark Cuban said he would go to a one hundred percent hedge if he won.
DemocratSinceBirth
Jan 2017
#7
If the Dow really drops by 20% that would be catastrophic for the economy, investors, and Drumpf.
DemocratSinceBirth
Jan 2017
#30
It would likely usher in a recession which would be catastrophic for Trump in 2020
DemocratSinceBirth
Jan 2017
#36
It'll bounce up just so Donald can be given credit for the momentary upturn.
rogue emissary
Jan 2017
#28