DISLOYALTY: Stock Market Plummets 1000+ Points

The Associated Press reports:

Dow Jones industrials plunged over 1,000 points Thursday, bringing the index down 10 percent from the record it reached two weeks ago. Stocks started to fall in early trading and extended their losses throughout the morning. The market’s turmoil began last Friday and has continued this week as investors worried about early signs of inflation. Analysts have also been saying the market has gotten much too expensive after a huge run-up over the last year and has been long overdue for a pullback.

  • Treant

    Please.

    Clap.

    Or else.

    • Frostbite

      🖕🏻

      /s

  • Tatonka

    Even on positive news, the stock market is like death and un-American. Un. American. Many people are saying “treasonous.” I mean, yeah, I guess, why not? Can we call that treason? Why not?

  • pch1013

    Maybe *this* will finally dislodge that aneurysm.

  • Ragnar Lothbrok

    Your tax cut is being realized to be a disaster for the economy.

    Save yourself from Muller and resign right now !

    • canoebum

      He wishes he could save himself by resigning. Too fucking late. His crimes have been uncovered and he will have to pay.

      • Menergy

        I’m giving lots of offerings to the sacred flames that it goes like that!

    • PickyPecker
      • anne marie in philly

        I like this hat better than MAGA. it is made in murikkka?

      • nocadrummer

        I thought it was “Daughter…”

  • NoPinkPu$$ys

    I’m sorry to hear about this.

  • Oscarlating Wildely

    It is the one thing that just might sink him with his cult.

    Having noted, it will fuck the rest of us, and not in a good way.

    • pch1013
    • Gay Fordham Prep Grad

      Just among us, I was a youngster starting out on Wall Street in October 19, 1987… I remember secretaries crying and the shocked look on the more experienced employees faces. The stock ticker was running hours behind at the closing bell. A lot of brokerage houses folded [EF Hutton, anyone?] shortly thereafter. I’ve been through several downturns since. The market ALWAYS comes back. Just keep your wits about you, and if you have a strong stomach, now may be the time to go bargain hunting. That said, I had more confidence in Ronald Reagan’s people at that time than I have with the shills of the orange menace, but I still think stocks are the only place to be until you close in on retirement.

      • Todd20036

        And EF Hutton says…

    • Snarkaholic

      This and/or shagging men.

  • Proud MOFO Beaner (bkb)
  • Ninja0980

    Angry tweet against the stock market in 3,2,1..

    • It Takes a Village, People

      At this hour? It’s way past his bedtime. He’s on his back eating McNuggets and ignoring his wife. Reruns of Hogan’s Heroes is on MyTV.

  • Cheri Charleville

    Get you freakout shoes on.

  • Butch

    Didn’t really want to retire anyway. Ever, I guess.

  • xersnoyl

    Uhh president shit gibbon, Please explain to me again why the tax cut is such a wonderful thing?

  • Chuck in NYC

    He’s thinking: THIS ISN’T FUN ANYMORE.

    • that is the one thing that makes me absolutely sure he suffers from some kind of probably syphilis based dementia.

      i suffer from memory loss! it totally sucks, and i’m relatively young. but i think what happened here is the worst sort of ‘luck’ a country can have. all his competitors were Nutbags of the First Order. more importantly, none of them played well on TV. the traitor has pootie, and the name recognition, to be America’s Boss on TV. or at least, he did for a few TV minutes.

      but i don’t think anyone who ‘loves’ him ever explained, at any point in the campaign, “dood. the presidency is NOT a TV show. it’s like, work. real work you’ve never done in your life.” he fires anyone close to him who even suggests such a sentence.

      now, he’s realizing: there is no escape but resigning or dying. he’s too proud to do the former, and pootie isn’t ready quite yet for him to do the latter. but get ready for President Putin’s Mother Pence, real soon. i think it’s coming.

  • ceeenbee

    Thanks Obama.

  • Bambino

    Where is ICE?! Arrest the treasonous DOW and kick him out!!!

  • ChrisInKansas

    I wonder if (ugh) Trump makes it to year four, if Obama will still be blamed for economical matters. Just when, in their eyes, will bad things finally be Trump’s fault?

  • Halou

    You take credit for the rise, you implicitly accept the blame for the falls. There is a reason why past presidents have avoided commenting on the stock market, even if it’s success is because of their policies.

    • Gianni

      I wonder if anyone can get the point across to DumDum that bragging that your presidency and assorted bullshit are what drove the market up, is just the thing not to do, ’cause when the market takes a downturn, you will automatically be blamed for that, too. DumDum linked himself to the stock market and now you pay the piper for your stupidity. Blaming the market as if it was living thing just shows the level of your stable genius.

  • JWC

    They are not being fair to Donny they are being disloyal and we all know that is just one step from treason

  • Karl Dubhe

    Is the Dow on Fifth Street?

    Why hasn’t Donald shot him yet?

  • Uncle Mark

    Can we expect a tweet criticizing that “traitorous Mr Dow Jones?”

    • AJ Drew

      Why not? Corporations are people! Mortgage company Nationstar has renamed itself “Mr. Cooper” so why not?

  • AJ Drew

    Let’s get real: Stock market = gambling; gambling = bad; house always wins.

    • AmeriCanadian

      Those with inside information always win.

    • Rillion

      Short term yes, longer term, still gambling but you get the houses odds.

    • j.martindale

      You sound like my brother. No, investing wisely in the market is a very, very good thing. You have to do a few things: diversify, plan to make long term investments, and invest in less risky products as you age. The fact is that the market has grown every ten years since its inception, without fail. It is a smart way to make your money grow.

      • AJ Drew

        I respectfully disagree.

        • j.martindale

          As I say, there is no 10 year span where the market has not increased in value–ever. And that includes the period of the Great Depression. So someone who has a broad portfolio of investments, based on historic facts, not opinions, will make money if he is able to leave those investments in the market for that period of time.

          • AJ Drew

            Again. You are not wrong, but missing my point entirely. Needing to have money to make more money is wrong. The Market’s existence is wrong. Our current nation, world, and individual potential retirement based on the Market is wrong because it’s set up as a gamble and the “expected” ups and downs and corrections are biased for those with time not physically working.

          • j.martindale

            I don’t know exactly what alternative you suggest to a capitalist system. But capitalism depends in part on investment, which has risk. Totally socialist systems do not have those risks, but history has demonstrated that they also perform very poorly, both politically and economically. I absolutely believe in a system that has socialistic components. That, to me, doesn’t preclude the belief that financial markets cannot still be sensible investment tools that provide reasonable opportunities for increasing the wealth of investors over the long term.

          • AJ Drew

            You have made your point of view very clearly.

        • j.martindale

          One other little thing I will add, although I admit it is anecdotal evidence. I am now 70. When I began employment as a college professor, I invested in TIAA-Cref. They then had two plans. One was a stock plan, and the other was guaranteed annuities–a savings account, basically, with an assured interest return–very safe, very secure. I invested 50/50 in each. Over time, my stock investments, even with these dips in the market, have increased something on the lines of 500 percent since my initial investment. The other has earned about 100 percent increase, as I recall–at any rate, a pittance compared to the stocks. I left it all in there for as long as 40 years, admittedly. But investing is a good thing. Putting money under a mattress will not help you over the long haul.

    • Michael White

      I have always said a ponzi scheme.

  • Droz

    Thanks Obama! /s

  • teedofftaxpayer

    I guess he’ll be calling the Stock Market treasonous.

  • It Takes a Village, People

    I hope Trump takes it personally and goes after the “Stock Market” which will quickly apologize and change its ways out of fear of the Donald.

  • Uncle Mark

    Does this mean that the markets are selling off Republican Congressmen, Trump and his Cabinet?

  • JT

    DISLOYALTY: Stock Market Plummets 1000+ Points

    Drumpf: I help the economy bigly!

  • Bambino

    Such an accomplishment from the Slumptrump millionaire. Everybody please clap! https://uploads.disquscdn.com/images/7e73467bfa690fa44c7f6c60812340302b9331682f01441a1f889ef30ce22df3.gif

  • Kelly Lape

    Muselixini better watch his back the trains are late.

    • alguien

      no bread to go with the circuses

  • i am going to write a longer hopefully more salient comment on topic in just a minute. but could yall settle this argument bw partner an me?

    true or false: Scott Baio’s current day political opinions and media exposure is “important” and “has an impact.”

    • Jean-Marc in Canada

      False…and Scott who?

    • -M-

      No more so than a disgruntled would be Austrian painter ranting on street corners.

      • ok, i will say that imho that is giving him WAY too much credit, no matter what you think of what his impact is right now.

        he doesn’t have it in him, to be that.

        • -M-

          He makes a good megaphone. His ‘importance’ is only the extent to which he encourages Donnie two-scoops & other deplorables to act out.

    • AJ Drew

      Hmm. anti-Baio stance wins.

    • The_Wretched

      No, he’s a not even D-grade celebrity who has fallen into the alt-reality bubble and bought it whole sale. His only claim to notice is that Faux trotted him out to play spokes monkey a few times. He is entirely fungible and next to irrelevant. Just like talking bubble blond # 306 on the Faux couch.

    • MBear

      Scott who?

      Thats the answer, not a question. 😉

  • gaycuckhubby

    The way that news moves over the last 2 years is unbelievable. Do we even remember that the memo was a thing? That seems like it happened last year, it was a couple days ago.

    • Ninja0980

      The Porter news will be over with by next week.

      • gaycuckhubby

        Exactly. The Democratic rebuttal memo, If released, won’t even register.

      • Lazycrockett

        This man not having security and sticking around for a year?????????

        • Ninja0980

          Yea but he’s working for a man, not a woman so no biggie.

          • alguien

            oh, i’m pretty sure he’s working for a woman too.

        • Gianni

          Why not? Jared has no security clearance and he’s privy to all the internal info.

      • alguien

        quite a rap sheet they’re accruing, ain’t it?

      • Bambino

        Headline news are churning out from the WH on a daily basis, what media can keep up?

        • gaycuckhubby

          I mean, the president slept with a pornstar and paid $130,000 to stay quiet. We found out about that a couple weeks ago it’s old news by now.

    • AJ Drew

      The GOP has inadvertently stumbled upon Einstein’s theory of relativity. Time moves slow, time moves fast. But they don’t truly understand that. So… um, wait. /s

  • Uncle Mark
    • alguien

      even his hair hates him so much it tries to get away

      • pj

        “hair”

    • normadesmond

      That soft pink head, soft as shit.

      • stuckinthewoods

        his pink scalp is the color of a naked mole rat

    • Gianni

      That is such an exciting view of a real man’s hair blowing in the wind. Thank God I haven’t eaten yet.

    • Renfield

      Looks like something from a Chucky movie.

    • Anastasia Beaverhousen

      “Let’s just say… he had something raised.. and something lowered.”

  • JT
    • Gianni

      Isn’t that called ‘projection’?

      • JT

        It’s called “self-referential”.

    • JohnJay

      He’s always flashing that white power (OK) gesture like a gang sign.

      • Dreaming Vertebrate

        It’s a conscious dog whistle to his Nazi and white supremacist base. He knows exactly what he is doing.

  • It Takes a Village, People

    I’m talking out of my ear here, but something is going on. I suspect the international financiers are selling off. Cashing in before the USA deflates into an insular, third world economy. Infrastructure and the middle class are being fully and permanently abandoned. This is not good for long term economic success. Europe and Asia know that that we need an enormous, comfortable Middle Class to buy all that crap. We’re heading for mansions or studio apartments and nothing in between. I hope Trump voters are looking forward to having their children live with them until they die. I hope they are prepared to turn their living rooms into hospices for their parents because there won’t be any Medicaid for the nursing home. I hope they like taking the bus. It’s only a 2-3 hour commute from most affordable communities into the cities.

    • safari

      The bus? Commie.

      • It Takes a Village, People

        You’re right. They will privatize the buses so only people with 3 jobs can afford it.

    • The_Wretched

      They took their looting as a lump sum “tax cut” and now cashing out stocks. I wonder if they are buying real estate as a stable parking of wealth or selling that off too.

      • It Takes a Village, People

        I’d say they are buying the feudal system back. They’ll just slaughter us when the time comes. Some say that’s what the plutocracy has been doing the the third world since WWI. Thus all the chaos in much of the world.

    • pch1013

      I can only dream of having my very own studio apartment. (I live in San Francisco, and I earn less than $100,000.)

      • It Takes a Village, People

        I was thinking for families of four where everyone works full time.

    • Rillion

      Between the tax cuts and the budget deal, the US is going to be borrowing a ton of money. Money is coming out of stocks in anticipation of higher interest rates.

      • It Takes a Village, People

        That’s somewhat less insane than what I said.

    • John

      To your opening statement: I suspect a good portion of this sell off – NOT ALL – is bot driven….probably with stop loss orders…sort of like the ‘fat thumb’ sell off a while back — bots gone wild before anyone could stop it.

  • Leo
  • Mark Née Fuzz

    Has the Keebler elf directed the DOJ to investigate for unamerican activities yet?

  • Dunkerblinker

    How does Obama keep making all this bad happen?

    • Cipher

      Blackly!

    • AJayne

      Gotta remember, he’s in charge of the Deep State now…

    • thatotherjean

      Major mojo.

  • ben

    Wait another week and then buy!

    • Dreaming Vertebrate

      Might be too soon.
      This correction is showing a classic ‘three legs down” pattern.
      Expect at least one more +1000 drop.

      • Dreaming Vertebrate

        And if that leg is a +2000 point drop, then expect three of those!
        Three legs down means three of the biggest size.

  • Hue-Man

    The Economist front cover
    “The fiscal stimulus of the scale that America is undertaking is poorly designed and recklessly large.” https://uploads.disquscdn.com/images/de6ff1431c24313c6230e33ede0274b656e141ec8ac2e054a68912c80e912bd2.jpg

    • safari

      “Let’s cut taxes during a boom”

      • BobSF_94117

        Why do people keep using the word “boom”? The only thing booming is the stock market (was).

        • safari

          Businesses were doing quite well.

          • BobSF_94117

            No. The economy was growing at a steady, slow pace of around 2.5%. That’s not “boom”.

          • Cipher

            Not a boom, but a steady period of growth, no recession.

  • ah, the ups and downs of the markets. they mean nothing to me, and i do mean, “nothing.” i guess one could argue that when the stock markets are this way or that, it has an impact on me, as a wage-earner. that’s really what all this drama queen shit is about, jsyk. the MOTU class is very, very afraid that wages will go up! in a meaningful way! and they will, because what we have right now is untenable and there are still enough white male straight xtian doods making it on wage per hour work, even after 15$/hr is law of the land.

    those traitor-voters are pissed. TPTB know it. the illusion is slipping fast. i believe in gambling this is called a “cash out.” it’s all play money anyways. the difference b/w today, and the mid-2000s? more folks other than me are seeing that ugly fact, and asking Hard Kweshuns as a result. and maybe even, voting or being activists, as a result. spooky to be one of the moar stoopid 1%ers who haven’t quite fully cashed out b(u)y now, innit? heh.

    • AJ Drew

      so, who won the Baio argument? : )

  • Bambino

    The art of the deal is to kill the country and the world economy by faking it as a president.

  • safari

    We’ve only wiped out gains since the end of November.

  • Gianni

    Sean Hannity has already blamed the Obama presidency for the stock market downturn. Surprise!

    • MBear

      Well, he didnt idiot proof the cuntry…soooo….yeah

      • Gianni

        I never looked at it that way. So, OK, Obama did have one big failing!

  • The_Wretched

    Long over due or not, the kind of drop and volatility aren’t regular and aren’t the sign of things going well.

    • Gianni

      It’s nothing new and will happen as long as there is a stock market.

  • Bambino

    Perhaps the DOW should let the bone spur cadet know, unless he resign, all his investment will be for naught.

    • Hank

      He still has his Russian backers to continue with his Money Laundering!!!
      He also probably keeps what he has in cash at this point. Nothing to lose with it, that way.

      • Bambino

        Russians are heavily invested in DOW too. At some point they will want to cut their loses. It’s always about the bottom line.

  • Gianni

    I cannot figure why people get so fucking excited when the market takes a downturn after a huge rise. That’s the way the market operates. This is nothing new. It’s been doing this since it was created. I have investments and have, over the past twenty years or so, lost large (for me anyway) chunks of money, AND made that money back and more when the market does another turnaround. Such foolishness from people who should know better.

    • AJ Drew

      You’re not wrong, but the real issue is that the market is the problem overall. Per GOP standards, we should work hard to earn a roof over our heads, a chicken in the pot. The stock market is the exact opposite of that.

      • Gianni

        I hear you. GOP standards, as we are learning, are not a reliable guide to go by. And without us investing our money, no one would have a job and corporate America wouldn’t exist. All I can say is that I worked hard (and I’m talking blue collar work) all my life to earn the money that I put into my investments. I take the market in stride. It plays by a rule -What goes up must come down and What goes down must come up. And so it goes over and over again.

    • Fritz Keppler

      T’s followers truly believe that he has repealed all economic laws and is not subject to human limitations. Some have declared him an equal to Jesus in all but name.

    • Cipher

      Exactly. And what kind of idiot would tout a stock market rise as a central accomplishment of his new presidency. It goes up, it will come down.

      • Gianni

        Unfortunately, the kind of idiot we have as a President does that. We see it continuously. Any type of favorable, good, or pleasant/positive news is all because he is such a great deal maker/genius and really knows how to govern. The negative or unpleasant stuff is Obama’s or Hillary’s fault. I find myself seriously wondering how far into his administration can he logically dig back to blame the previous admin and/or Hillary for his own governing misfortunes and have congressional Republicans follow along? Really, a rhetorical question, I know.

    • Hue-Man

      Depends if you’ve been in the market for the entire upswing (as I have) – I can handle this correction. But if someone got into the market for the first time at the top, they don’t have accumulated gains to soften the shock.

      • Gianni

        I see your point. Having been through this up/down thing a couple of times over the years, and having been toughened by life in general, I guess I just don’t worry about it. Actually, I’ve been like that ever since I invested in the ’90s. It does what it does and I can’t do anything about it, but ride it out. Besides, this downturn has returned the market to where it was right before the upswing. Appears to be a wash to me.

    • stevenj

      How old are you?
      I wouldn’t be as inclined to be worried myself if I were younger than 45-50 years old.

      • Gianni

        I’m retired and late 60’s. Been around the block a few times.

  • JCF

    OT: Oh Niccole (Wallace). You know I love you (now)…but propping Omarosa? Really?

    Look, it’s not that when Omarosa says (to Ross Matthews on “Celebrity Big Brother”) that things are “Bad!” in the WH, that that isn’t true. [This is news?]

    But the point is: if Omarosa was whoring herself out to Drumpf before, she’s whoring herself out to be SEEN as “anti-Trump” now. It’s ALL about ***her payday***, and nothing more. [Niccole’s panel is all skewering her: Omarosa, and Niccole for falling for this ACT.]

    Robin Roberts said it (TO Omarosa) the best:

    https://uploads.disquscdn.com/images/2f66e70d3e093918cdba9d8569fc46142c59fd915bcb9f5bf394fa859a933d77.gif

    • Lazycrockett

      The thing is almost everyone on the panel when pushed ended up saying that the people in the administration that they talk to all talk like Omarosa. Only Steele wasn’t having it.

    • JCF

      And as far as Ross Matthews goes: I didn’t see the interview (“Celebrity Big Brother”? As if!), but if he was REALLY going to perform a COMMUNITY service here, he could have listed ALL the anti-LGBT things that Drumpf has done (starting w/ choosing #&%#@# Pence!), following each listed item with “Why didn’t you quit then?” “Why didn’t you quit then?” etc etc etc!!!

      • Lazycrockett

        The show is so edited that you have no clue what Ross asked, just what producers edit together.

        • JCF

          Fair enough.

      • AJ Drew

        psst… and “Trump was a registered Democrat until… recently.”

    • greenmanTN

      Robin Roberts dropping that “Bye, Felicia” into a news story was hilarious, a fitting end to Omarosa’s “career.” Burn, baby, Burn.

      • JCF

        Well, an end to her political career anyway. Back to “reality” TV!

  • Jean-Marc in Canada
    • Ninja0980

      Saw you mentioned in a couple of twitter feeds.
      Like the far right, the Bernie bots can dish it out but they can’t take it.

      • Jean-Marc in Canada

        Yeah, I don’t block them but I will, after a time, mute them. I will occasionally unmute to see what’s what and they’ll still be frothing at the mouth. It’s beyond laughable.

        • Ninja0980

          It is indeed.
          Was saddened to see a former JMG person among them but he was one of a few that went nuts during the primary when we didn’t rally around Bernie and has stayed that way.

          • -M-

            😢Scott.

          • JT

            Who?

    • That_Looks_Delicious

      At least with W it took 7 years until he tanked the economy. I knew Trump would do it faster, but I didn’t think it would be this fast.

  • Dreaming Vertebrate

    It’s been said before.
    Dems grow the stock market, reTHUGS crash ’em.

    • AJ Drew

      Our entire nation, world, and potential retirements being based upon the stock market pisses me off.

      • netxtown

        i lost a shitload in the 2008 crash. I stayed in my 401k to recover…and when it was back – I bailed. Took the tax hit…and never looked back. it’s all in CD’s now. I’ll take steady over ‘oh betty!’.

        fuck wall street. never again.

        • PickyPecker

          That’s kindof where I’m headed.

          • netxtown

            it took a while to set it all up…but look into laddering the cd’s. I have a renewal hit every month or so – so liquidity is always within reach should i need it.

          • Dreaming Vertebrate

            A balanced portfolio is still a good solution.
            Hard to stay ahead of inflation in bonds/CDs alone.

          • PickyPecker

            Just can’t gamble with savings like that. I really don’t trust financial advisors and the like.
            I’ll be getting my inheritance from my mother’s estate in the next few months and I’m thinking of bypassing the whole stock market thing.

          • netxtown

            my HS girlfriend did exactly that. Not sure what all she did – but WS got none of it.

          • netxtown

            agreed. it is hard to stay ahead when it sinks a couple thousand points with no notice, no preparation.

          • Dreaming Vertebrate

            True!

        • agcons

          I’m at a paltry 5% of my portfolio in equities now. I’m too goddamn old for this shit.

        • Oscarlating Wildely

          Oh I bailed before that– penalties screwed me royal. I do think that I should have ridden it out. I was late 30s at the time, plenty of years to let it sit instead of grabbing the money under the idea that doomsday would hit tomorrow. I overreacted– and paid for it.

  • Boreal
  • AtticusP

    So much WINNING!!!

  • dcurlee

    If it wasn’t affecting my retirement acct I would be laughing my ass off. Trumps policies are catching up

    • Harley

      Yea. Under Clinton my 401K made money hand over fist. Under Bush I lost 60% of my 401K value. Under Obama’s I was able to recover most of what I lost and got good growth. I’m wondering now if I should just roll it over to an IRA, before it’s gone.

      • I’m sticking with index funds, but we’re having conversations with our financial advisor regarding which ones would be safer in a bear market and/or deep recession.

      • zhera

        I think the lesson here is to pull out as soon as a Republican takes the White House, especially with a GOP congress.

        • David Walker

          May it never happen again.

  • joe ho

    Trump is meeting with Henry Kissinger concerning North Korea, China and the Middle East.

    This should end well.

  • anne marie in philly

    OWN IT, YOU LYING ORANGE BASTARD TRAITOR!

  • Dreaming Vertebrate

    Huge tax cut, paid for by massive borrowing – at a time the economy was already over-heating. Perfect recipe for an inflationary spiral. Heckuva job, Dotard!
    What an idiot!

    • Hank

      And the Rethugs want to pass a budget, tonight, that has NO limits to spending in this year!

    • Hue-Man

      Plus higher war department spending and rumors of $1 trillion infrastructure projects.

  • That_Looks_Delicious

    #TrumpRecession. You know what to do, twitter denizens.

    • Dreaming Vertebrate

      Wait! Is this tag about his hair or his crashing the market?

      • That_Looks_Delicious

        Yes.

  • William
  • rednekokie

    The world, according to tRump! You bought it, you own it, Donnie!

  • Do Something Nice

    While I hate Trump, this is nothing to celebrate. We need a ‘soft landing’ correction. My fear is that a lot of “innocent” people are going to be harmed if there is a crash.

    Watch for companies that are not profitable and live on venture capital (such as Uber) to radically change. Watch for otherwise sensible people who listened to brokers who have nothing to lose (and Trump removed some of these protections) to lose retirement investment.

    • ultragreen

      The best way to get rid of Republicans in Congress is a stock market decline and economic recession.

  • It Takes a Village, People

    He and Mrs. Joans…They got a thing goin’ on.

    https://twitter.com/ShaunUsher/status/960628825318219776/photo/1

    • Taylor Bixler

      That is funny, but it is a fake tweet

      • It Takes a Village, People

        I know. I think I’m entitled to spread a little fake news once in a while.

        • Priya Lynn

          And taint all liberals as liars? No, you’re not entitled to do that.

          • It Takes a Village, People

            Party pooper!

  • Elsewhere1010

    Whenever the Dow hits a new high it’s time to sell. Got hubby’s retirement savings out of anything tied to the stock market just over a month ago. I learned that in 1988 when I lost 60% of the value of my self-directed pension account in one day.

    • Ben in Oakland

      I got my husband to sell on tuesday. I’m sure he will thank me for it.

    • Hue-Man

      The problem is that the Dow has had a new high nearly every week throughout 2017 and into 2018. If you sold every day there was a high, you wouldn’t have a portfolio left after being fees and commissions!

  • nocadrummer

    > 8.48% drop in one week. That’s pretty serious.

    • kareemachan

      It’s *winning*, doncha know?

  • coram nobis

    Dow off 1032, or 4.15% at close. NASDAQ and S&P off 3.75-3.90%.

    Are we standard & poor yet?

    • ultragreen

      We are getting there.

    • Hue-Man

      Stunned at least.

  • Silver Badger

    What does the well dressed gentleman wear to a soup line?

    • Snarkaholic

      A T-shirt that says “I’m Staring At Your Ass!”
      EVERYONE in front of you will jump out of line, and you can head right up to the front and be served.

    • John

      Versace rags???

  • KnownDonorDad

    All this winning is making me fret over my investments.

  • KnownDonorDad

    It’s like Sean Hannity says, it’s Trump’s doing when the stock market is up, only. Otherwise it’s all Obama’s fault.

  • justme

    Down what now?? 2600 points…
    Sorta rolled back a whole years “growth”
    Wall St must be enjoying this ..They drove it up.. Took the money and have now suckered the small investors who bought into this scam..

  • FelineMama

    “Dump” luvers, this is on you! Congrats! Dilly Dilly!!!!!!

  • Wait until the November midterms. Then Republicans in Congress that caused this mess by voting for Trump/Ryan rip-off economics will get what they deserve. (and if you cannot wait donate to handsome Conor Lamb’s special election now in March —
    its close): https://conorlamb.com/

    https://uploads.disquscdn.com/images/72b4177e5d6cb4a0275a53a69e62d53035641e49e31dfac399bc4a2bf5b75126.jpg

  • leastyebejudged

    I wonder what tomorrow will bring, another 100 point plunge ?

  • John

    IMHO: the bull is merely taking a breather…the market was due for a pullback/correction and it’s here. Fundamentals are still good. Once the market digests the fear of inflation and rising interest rates, the bull will start snorting again. It ain’t over yet but be ready for some real volitility in 2018. In other words, “Fasten your seat belts, it’s going to be a bumpy night.” (Thank you Bette.)

    P.S. Don’t forget to applaud this yuuuuge non tRump achievement or you’ll be considered treasonous by cadet bone spurs. If it’s “BIG” – good or bad – remember he’s responsible for it at least in his addled brain. clap…clap…clappity….clap….clap. ROFL

  • Henry Auvil

    How many days has it been since Trump traveled to some blue collar bastion of idiocy and bragged about the stock market? Six??

  • cleos_mom

    “PARTY LIKE IT’S 1929 !”

  • Pip

    This trend will continue, until everyone has sold what they need to sell. Then interest rates will start jumping.