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Economy

mahatmakanejeeves

(57,311 posts)

20. "I hate to see it," says WH econ adviser Larry Kudlow of today's drop on Wall Street, 900-points ..

Reply to Warpy (Reply #19)

Mon Sep 21, 2020, 11:52 AM

Sep 2020

“I hate to see it,” says WH econ adviser Larry Kudlow of today’s drop on Wall Street, 900-points as he spoke. “These things happen,” but says, “corrections come and go.” He also thinks there’s “great concern” that Britain might shut down in response to Coronavirus.

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Gold and other metals are all dropping today -- anyone know what triggered it ? nt [View all] eppur_se_muova Sep 2020 OP

All the people grinding their teeth need fillings. Beakybird Sep 2020 #1

Good one! MLAA Sep 2020 #2

I red an article- dentists seeing a big increase in cracked teeth progree Sep 2020 #24

Over my last 70+ years of casually watching markets I've discovered that... Binkie The Clown Sep 2020 #3

That's exactly right PirateRo Sep 2020 #5

'Mr. Morgan ! Can you predict what the market will do ?' eppur_se_muova Sep 2020 #7

Of course you are right, hour to hour. However, the 1/3 losses around March 2020, empedocles Sep 2020 #15

Gold is largely about deflation fears. More signficant is oil dropping a larger 5%, empedocles Sep 2020 #4

The stock market is just, when you get down to it...the same as betting on the ponies. Thomas Hurt Sep 2020 #6

I can't say. Laelth Sep 2020 #8

Profit taking I'm guessing. It's had a good run, fundamentals of owning metals is ... SWBTATTReg Sep 2020 #9

That was what I was worrying about. I was kind of hoping 45 could at least drive it up a little ... eppur_se_muova Sep 2020 #11

Well, with Biden in office, things will get back to 'normal' more faster than what we're going ... SWBTATTReg Sep 2020 #13

I still can't believe he hasn't caught it. Reminds me of the old joke about lawyers ... eppur_se_muova Sep 2020 #14

Democrats being projected to take the WH, the Senate and several state legislatures ... marble falls Sep 2020 #10

I have been seeing Ron Paul ads on tv. safeinOhio Sep 2020 #12

Paul an indicator like fox news ads to buy gold. Do the opposite. empedocles Sep 2020 #17

All the libertarian dickheads who are behind on their rent or mortgage are selling. Crowman2009 Sep 2020 #16

The death of Tony Tenpenny Blue Owl Sep 2020 #18

Stocks are dropping rapidly, too Warpy Sep 2020 #19

"I hate to see it," says WH econ adviser Larry Kudlow of today's drop on Wall Street, 900-points .. mahatmakanejeeves Sep 2020 #20

holders of silver and gold most likely cashing out their profits (huge) beachbumbob Sep 2020 #21

also with big market drops, investors unload commodities to cover margin calls beachbumbob Sep 2020 #22

Stocks Tumble as Surge in Virus Cases Imperils Recovery. elleng Sep 2020 #23

I suspect markets are finally accepting that Cheeto will not be re-elected sandensea Sep 2020 #25