the Trump administration continues to grow america's economy at record levels.

[kaelleria]

http://money.cnn.com/2018/02/02/inve...dow/index.html

While the point decline on the Dow was large, it paled in comparison with the scary days of the financial crisis. Friday's decline was 2.5%. The Dow plummeted nearly 8% on a single day in October 2008.

The stock market is much calmer these days, thanks to a strong economy, record corporate profits and the huge business tax cut enacted by President Trump and Republicans in Congress.

Even with this week's slump, the S&P 500 is just 3.9% below its all-time high.

But the tranquility that has defined Wall Street's stunning rally since the election has been punctured. The VIX (VIX), a measure of market volatility, soared 55% this week.

Even CNN admit's Trump helped the market!

Yeah ok....

[Low Hanging Fruit]

Hate to be the one to break it to you. But the stock market isn't the economy and its gains don't belong to every American. Sorry!

But when its good its clearly because of Trump and is the gold stamp of the economy. When it goes bad... umm... Benghazi investigation 34,677 anyone?

[Edge-]

Damn, Shepard Smith has no chill.

[Zan15]

http://money.cnn.com/2018/02/02/inve...dow/index.html

While the point decline on the Dow was large, it paled in comparison with the scary days of the financial crisis. Friday's decline was 2.5%. The Dow plummeted nearly 8% on a single day in October 2008.

The stock market is much calmer these days, thanks to a strong economy, record corporate profits and the huge business tax cut enacted by President Trump and Republicans in Congress.

Even with this week's slump, the S&P 500 is just 3.9% below its all-time high.

But the tranquility that has defined Wall Street's stunning rally since the election has been punctured. The VIX (VIX), a measure of market volatility, soared 55% this week.

Even CNN admit's Trump helped the market!

You should really learn to understand what you are reading before you spout off.

i mean its right in your linked report.
The S&P 500 finished the session off 113 points, or 3.9% at 2,648, the Nasdaq Composite Index COMP, -3.78% ended down 273 points, or 3.8%, at 6.967. The Dow, meanwhile, shed as much as 1,597 points at its low, and closed out the session 1,175 points, or 4.6%, down at 24,345.



SP500 is down 3.9% TODAY. not from all time high.


lol like how all of a sudden people are picking the index with the lowest decrease.

SP 500. is down 8.4% from all time high.

The dow is off 9.3%, you know the index trump loves to brag about.


and The VIX is up 97% since the start of the year.

[Stop Pretending]

Thanks Obama!

[Felya]

@Hellboi it’s good to have at least one person blaming Trump’s tax cut on its volatility.

[Breccia]

Thanks Obama!

Hopefully sarcasm. Please clarify for posterity.

[Stop Pretending]

Hopefully sarcasm. Please clarify for posterity.

Most def sarcasm.

[kaelleria]

What makes Hellboi's comment so ridiculous is the fact that we're seeing a higher volume now than ever in history. Over 700m shares were traded today thanks to high frequency trading so things are inherently going to be more volatile. There is no scenario where the market is -5% then back up to -4% within 5 minutes where the market isn't volatile.

[Draco-Onis]

What makes Hellboi's comment so ridiculous is the fact that we're seeing a higher volume now than ever in history. Over 700m shares were traded today thanks to high frequency trading so things are inherently going to be more volatile. There is no scenario where the market is -5% then back up to -4% within 5 minutes where the market is stable.

Anyone with a functioning brain would never say the market is more stable especially with Mr. deregulation in charge. Trump is not responsible for the market going up and down but he sure as hell is responsible for not continuing to regulate high frequency trading which make the market insanely more volatile.

[Felya]

What makes Hellboi's comment so ridiculous is the fact that we're seeing a higher volume now than ever in history. Over 700m shares were traded today thanks to high frequency trading so things are inherently going to be more volatile. There is no scenario where the market is -5% then back up to -4% within 5 minutes where the market isn't volatile.

Yeah, he literally chose the worst day in history, to say what he did.

[kaelleria]

Depending on what happens in tomorrow we may be headed towards the first Bear market in like 10 years.

[Breccia]

Yeah, he literally chose the worst day in history, to say what he did.

I am not making this headline up.

Dow Jones drops by about 500 points during Trump tax speech

[Zan15]

Depending on what happens in tomorrow we may be headed towards the first Bear market in like 10 years.

Futures have been down as much as 5% aftermarket....they are now down about 400-500 points.

Dow -496.00 / -2.07%
Level 23,442.00
Data as of 9:21pm ET

[Felya]

I am not making this headline up.

Dow Jones drops by about 500 points during Trump tax speech

This was the best part:

All three major news networks pulled from Trump’s speech to cover the massive market drop. As the president spoke, the networks showed a graphic of the market drop in the corner.

[Cthulhu 2020]

Gotta love how the Trumpkins suddenly vanished from this thread when the economy started crashing.

[Felya]

Gotta love how the Trumpkins suddenly vanished from this thread when the economy started crashing.

All but 3 got banned going crazy after the memo. There was a massive ban hammer over the weekend. I think Skroe was the first hit, then it spread to usual suspects. Enjoy it... it’s been a very pleasant day on the forum. I’m arguing with Ednus and neither one of us got called a liberal or tribalist yet. It’s pretty nice...

[NED funded]

Gotta love how the Trumpkins suddenly vanished from this thread when the economy started crashing.

If the economy crashes for this, it's going to be the lamest crash I've seen and one of the funniest one because it would crash in times of rising wages (lol).

[Stormspellz]

All but 3 got banned going crazy after the memo. There was a massive ban hammer over the weekend. I think Skroe was the first hit, then it spread to usual suspects. Enjoy it... it’s been a very pleasant day on the forum. I’m arguing with Ednus and neither one of us got called a liberal or tribalist yet. It’s pretty nice...

shut up you tribalist commie liberal!

But on topic, the irony of the Trump being Trump while the Dow was tanking just crazy at this point, you would say this stranger then fiction, but lets be hones at this point its just another monday w/ Donny.

[Paranoid Android]

Government official to probe reports that Trump Labor Dept hid study showing rule would cost workers billions https://t.co/ey54oviEMa https://t.co/VyWYfrYfcu

https://twitter.com/thehill/status/960689517719162880

I swear this administration is dirty as shit. We had a thread about this topic, but it is more about how Trump wants to take from the workers and give more to the rich.

I chuckle at how gullible the Trumpkins believed this bleep.