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Old 08-15-2019, 05:26 PM   #2871 (permalink)
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From what I read the Dow drop happened because of China's retaliation to Trump's trade tariffs. People started pulling their stocks with uncertainty. They started going back up after China announced that they are going to try and reach a consensus with the US. So recession warning may have just been a precaution. A lot depends on this meeting though.

But from what I've found we've experienced some of the biggest Dow drops under Trump. We've also experienced some of the biggest rises under Trump too. I'm not sure what that means.
We've had the largest point drops under Trump because the Dow is at it's highest point in history and it would've happened under any president. All of the largest drops in points occurred under Bush, Obama, and Trump. In terms of greatest drops by percentage of the Dow, the largest ones occurred on Black Monday and during the Great Depression. Some of the highest percentile changes did occur under Clinton and Bush though.

https://en.m.wikipedia.org/wiki/List...strial_Average
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Old 08-15-2019, 05:33 PM   #2872 (permalink)
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We've had the largest point drops under Trump because the Dow is at it's highest point in history and it would've happened under any president. All of the largest drops in points occurred under Bush, Obama, and Trump. In terms of greatest drops by percentage of the Dow, the largest ones occurred on Black Monday and during the Great Depression. Some of the highest percentile changes did occur under Clinton and Bush though.

https://en.m.wikipedia.org/wiki/List...strial_Average
Okay, I assume that's why they never made that big of a deal the many other times the Dow dropped 800 points last year.
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Old 08-15-2019, 05:35 PM   #2873 (permalink)
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The Dow is a pretty ****ty and archaic reflection of the economy anyways.
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Old 08-15-2019, 05:45 PM   #2874 (permalink)
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The Dow is a pretty ****ty and archaic reflection of the economy anyways.
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Not every bounce in the Dow is directly related to how well the economy is (from what I understand).
Ahh so taking faith that you understand better than I then I'm validated in my understanding of the Dow.

But bad trade is seriously a huge economy crippler. (Also from what I understand) It always seems to be the biggest thing that destroys socialist/communist countries.
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Old 08-18-2019, 10:28 AM   #2875 (permalink)
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A middle class job sounds like a boring menu option at a brothel

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Old 08-19-2019, 06:19 PM   #2876 (permalink)
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I wouldnt vote for you.
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I'd vote for Trump
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Old 08-20-2019, 03:43 AM   #2877 (permalink)
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Maher rails against anti-Israel boycott movement: 'A bull$hit purity test' for Democrats
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Old 08-20-2019, 01:17 PM   #2878 (permalink)
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The Palestinian Authority has banned all LGBT+ groups from carrying out activities in the West Bank
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Old 08-20-2019, 02:12 PM   #2879 (permalink)
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wuuuuuuuuuuuuuuuuuuuuuuut
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There is only one bright spot and that is the growing habit of disgruntled men of dynamiting factories and power-stations; I hope that, encouraged now as ‘patriotism’, may remain a habit! But it won’t do any good, if it is not universal.
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Old 08-20-2019, 02:55 PM   #2880 (permalink)
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his socialism platforum
Not heard of this one. Time to hit the books.
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