Dow plunges 600 points, worst day for stocks in 2 years


#1

Originally published at: https://boingboing.net/2018/02/02/dow-drops.html


#2

But, but the GOP tax plan will save us right?


#3

Trump will blame Democrat infiltration of the Fed Reserve.


#4

Wall Street numbers FAKE NEWS!!! Traders are LOSERS, when I was there this never would have happened! DEMOCRATS need to explain this OBAMA crash!!!1


#5

‘us’ = 1 percenters


#6

Just like the black unemployment numbers he just boasted about. Now that it spiked a bit, I can imagine trump saying “upon further research, the current state of black unemployment is still affected by the previous administration’s policies”.


#7

Par for the course for anything that happens to explode out Trump’s rear end and goes splat! on twitter.


#8

I can’t. There aren’t enough ALL CAPS words and the tone is not frothing-at-the-mouth enough.

“WHO’S responsible for the TERRIBLE unemployment rate of the blacks? Why is the Labor department still covering for Dirty OBama and Crooked Hillary???”


#9

"The fed is part of (((The Deepstate))). A Fox talking head starting tomorrow.


#10

There has never been a better time to pay down debt and live as frugally as possible. I suspect further corrections are coming.


#11

The flip side of interest rates is of course better returns on bonds and savings accounts, etc.


#12

No, it’s totally FAKE NEWS!
Dow still continues to rise!


#13

Exactly! President Trump is good for business! Even the liberal media says so!


#14

I came in here from some “late stage capitalism” and didn’t expect I’d have to serve it up!


#15

So when things get better for the poors, the stock market takes a big hit?

wtf?


#16

I think it’s probably a mistake to assign reasons to the erratic movement of the stock market. It has been strong the whole time Trump has been in office.

Anyway, I came here to ask if rising interest rates might lead to increased credit card rewards? My goal is 5% unlimited cashback. How possible is that?


#17

I agree. This is what concerns me about hyperfocus on stock market numbers. I supported Bernie, and fully expect that if he were able to pass any clean legislation the market would recoil in terror…in a good way. At least in the short term. I hope America finds better ways to talk about the health of our society.


#18

Higher wages for the proles means reduced profits for the Job Creators; won’t somebody think of the children?


#19

Yes.

  • Fuck the poors
  • Fuck the stock market

0 voters


#20

Is it time to eat the rich, yet? I’ve been keeping my knives sharp.