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Offline CC27

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Do the American people know this?
« on: April 06, 2025, 08:13:23 AM »
Quote
usregimechange

Largest Single-Day Point Drops in the Dow Jones (with U.S. President):

1. March 16, 2020 – -2,997.10 points (Donald Trump)
2. March 12, 2020 – -2,352.60 points (Donald Trump)
3. April 4, 2025 – -2,231.07 points (Donald Trump)
4. March 9, 2020 – -2,013.76 points (Donald Trump)
5. June 11, 2020 – -1,861.82 points (Donald Trump)
6. April 3, 2025 – -1,679.39 points (Donald Trump)

And the political party of the Presidents who presided over the largest % drop in the Dow Jones:

And the political party of the Presidents who presided over the largest % drop in the Dow Jones:

1. October 19, 1987 – -22.61%
President: Ronald Reagan
Year: 1987
Party: Republican
2. March 16, 2020 – -12.93%
President: Donald Trump
Year: 2020
Party: Republican
3. October 28, 1929 – -12.82%
President: Herbert Hoover
Year: 1929
Party: Republican
4. October 29, 1929 – -11.73%
President: Herbert Hoover
Year: 1929
Party: Republican
5. March 12, 2020 – -9.99%
President: Donald Trump
Year: 2020
Party: Republican
6. November 6, 1929 – -9.92%
President: Herbert Hoover
Year: 1929
Party: Republican
7. December 18, 1899 – -8.72%
President: William McKinley
Year: 1899
Party: Republican
8. August 12, 1932 – -8.40%
President: Herbert Hoover
Year: 1932
Party: Republican
9. March 14, 1907 – -8.29%
President: Theodore Roosevelt
Year: 1907
Party: Republican
10. October 26, 1987 – -8.28%
President: Ronald Reagan
Year: 1987
Party: Republican

https://www.democraticunderground.com/100220211954

They are called corrections...🙄
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Offline SVPete

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Re: Do the American people know this?
« Reply #1 on: April 06, 2025, 09:00:10 AM »
Quote
usregimechange

Largest Single-Day Point Drops in the Dow Jones (with U.S. President):

1. March 16, 2020 – -2,997.10 points (Donald Trump)
2. March 12, 2020 – -2,352.60 points (Donald Trump)
3. April 4, 2025 – -2,231.07 points (Donald Trump)
4. March 9, 2020 – -2,013.76 points (Donald Trump)
5. June 11, 2020 – -1,861.82 points (Donald Trump)
6. April 3, 2025 – -1,679.39 points (Donald Trump)

ASSuming the above is accurate - a dubious ASSumption given the way gate-driven Progs embrace lie-infested memes they want to be true and given DUmmies' penchant for lying - 4 of those 6 drops are due to Covid, not President Trump's economic policies and actions. Maybe DUmmies forgot/ignored the significant events of winter and spring 2020, but the "2020" leapt out at me in a fraction of a second.
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Offline CC27

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Re: Do the American people know this?
« Reply #2 on: April 06, 2025, 09:03:39 AM »
Quote from: SVPete on April 06, 2025, 09:00:10 AM
ASSuming the above is accurate - a dubious ASSumption given the way gate-driven Progs embrace lie-infested memes they want to be true and given DUmmies' penchant for lying - 4 of those 6 drops are due to Covid, not President Trump's economic policies and actions. Maybe DUmmies forgot/ignored the significant events of winter and spring 2020, but the "2020" leapt out at me in a fraction of a second.

And it's Reagan's fault! An 87 didn't he say just leave the stock market alone when it crashed?
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Offline Ralph Wiggum

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Re: Do the American people know this?
« Reply #3 on: April 06, 2025, 10:09:04 AM »
Hmmm, did the markets always recover after those minor blips? Why yes, yes they did.

Impatient f*cktards. :bird:
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Offline jukin

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Re: Do the American people know this?
« Reply #4 on: April 06, 2025, 11:23:08 AM »
Do any of you DUmbass DUchebags know this:

“The rich now own a record share of stocks,” Axios reported on January 10, noting that the top 10 percent hold about 93 percent of U.S. households stock market wealth.

or this

Based on this estimate, the richest 10 percent of U.S. households own roughly $42.7 trillion in stock market wealth, with the richest 1 percent owning $25 trillion. The bottom half of U.S. households own less than half a trillion dollars in stock market wealth.

My educated guess is that 95%+ of DUmmys are in the bottom half of U.S.l households. Good to see that the DUmbass Useful Idiots are being DUmbass Useful Idiots.
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Offline BannedFromDU

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Re: Do the American people know this?
« Reply #5 on: April 06, 2025, 12:02:57 PM »

     What DUmmies have revealed about themselves is that they fit into one of the following groups:

     1. Utterly dependent on SS checks and meager personal wealth (65%)
     2. Wage earners with 401k wealth, not very far from retirement age. (25%)
     3. Immensely wealthy, able to weather 99% of economic fluctuations. (2%)
     4. Batshit lunatic, sponging off relatives and online suckers. (8%)


     None of those groups should give a flying **** in hell about the stock market, because (a) it is irrelevant to them, or (b) their portfolios are managed by an investment professional who is trained in blending assets and understanding markets.

     The other group would be (c): retirement age in ten years or less, still working, not wealthy enough to have a planner, and so completely infected with political groupthink that all of their financial decisions are made by tiktok and DU. These people put every nickel into the inflated market and now they cry foul when their hand is caught in the cookie jar.

      To which I say: good. If your response to the last three days is to sell low and put the proceeds into munis from blue cities only, vaya con dios. That's a SURE way to make sure the value you lost stays lost, and you f****ts are going to be the first to claim the market is rigged when it comes roaring back.

     
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Offline ADsOutburst

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Re: Do the American people know this?
« Reply #6 on: April 06, 2025, 01:15:40 PM »
Given how much of the information space the left controls, they really have no one to blame but themselves if Americans don't know something the left wants them to know.
« Last Edit: April 06, 2025, 05:14:26 PM by ADsOutburst »
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Offline Ralph Wiggum

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Re: Do the American people know this?
« Reply #7 on: April 07, 2025, 09:23:36 AM »
The markets have been open for 51 minutes as of this typing. The Dow, S&P, and the NASDAQ were all taking it in the shorts for the first half hour (Dow down over 1500 points), and now all three are in the positive. There are a lot of moving parts in this equation, 99% of which a gender and lesbian studies major couldn't even comprehend.

It'll be a wild day. I'll leave you with what I posted at Gutfeld's site yesterday:

Have been going mostly politics free the past few days, mostly because there are a lot of great sports to watch this time of year. But I also cannot stomach listening to ANY media pundit who has no zero knowledge about economics opine as it they're an expert. Most of them couldn't recognize the difference between a balance sheet and a fitted sheet.
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Offline enslaved1

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Re: Do the American people know this?
« Reply #8 on: April 07, 2025, 01:15:28 PM »
On a related note, there's buzz that an internet rumor about a 90 day tariff pause caused a multi-billion dollar drop this mornings.  I'm dumb as a box of rocks when it comes to the stock markets, but are we really at a point where internet rumors can do that kind of sudden damage to international markets? 
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Offline SVPete

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Re: Do the American people know this?
« Reply #9 on: April 07, 2025, 01:34:43 PM »
Long, long ago I saw my computer company employer's stock price drop when IBM had a poor quarter. The stock market's reactions to news and rumors is legendarily skittish and less than rational.
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Offline jukin

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Re: Do the American people know this?
« Reply #10 on: April 07, 2025, 01:52:49 PM »
Quote from: enslaved1 on April 07, 2025, 01:15:28 PM
On a related note, there's buzz that an internet rumor about a 90 day tariff pause caused a multi-billion dollar drop this mornings.  I'm dumb as a box of rocks when it comes to the stock markets, but are we really at a point where internet rumors can do that kind of sudden damage to international markets?

The market is driven by fear and greed. There used to be some people with long term views and common sense. Those people are for the most part gone.
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Offline Ralph Wiggum

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Re: Do the American people know this?
« Reply #11 on: April 07, 2025, 02:18:18 PM »
Quote from: enslaved1 on April 07, 2025, 01:15:28 PM
On a related note, there's buzz that an internet rumor about a 90 day tariff pause caused a multi-billion dollar drop this mornings.  I'm dumb as a box of rocks when it comes to the stock markets, but are we really at a point where internet rumors can do that kind of sudden damage to international markets?

Normal business mornings, I teeter from listening to baseball news, politics, and Fox Business (thank goodness no more Neal Cavuto).

But I digress as the market was going absolutely bonkers this morning so felt compelled to follow Stuart Varney on FBN. Here's precisely what happened:

This News Outlet Just Sent the Stock Market Into a Frenzy With Fake News About Trump's Tariffs

CNBC stepped in it big time when it published a headline claiming that President Donald Trump is considering a three-month pause on the tariffs he imposed last week. On its chyron, the network claimed White House economic adviser Kevin Hassett said “Trump is considering a 90-day pause in tariffs for all countries except China.”

The fake news spread like wildfire on social media, with many users reposting the false headline. The stock market spiked eight percentage points after the headline was reposted on X, as illustrated by Bloomberg’s Joe Weisenthal. Yet, after it was revealed that Hassett never said this, the market took a 3.5 percent drop.

White House press secretary Karoline Leavitt affirmed on Monday that there will be no pause in Trump’s tariff plan as CNBC intimated. A CNBC reported indicated that he spoke with Leavitt on a phone call and she told him it is “fake news that the White House is considering a 90-day pause” and that President Trump “is committed to his tariff regime and any reports that he’s considering a 90-day pause are ‘fake news.’”

https://townhall.com/tipsheet/jeff-charles/2025/04/07/cnbc-publishes-false-headline-about-trump-pausing-tariffs-causing-stock-market-rollercoaster-n2655112

Essentially, CNBC was pimping total fake news which sent the traders into buy mode for about 45 minutes.

All told, the Dow went from -1500 to +1100, and has now settled back to a few hundred down.

I'm certainly no stock market expert, that's just what happened.
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Offline 67 Rover

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Re: Do the American people know this?
« Reply #12 on: April 07, 2025, 02:31:47 PM »
Pepperidge Farm remembers.  :popcorn:

"Occupy Wall Street (OWS) was a left-wing populist movement against economic inequality, corporate greed, big finance, and the influence of money in politics that began in Zuccotti Park, located in New York City's Financial District, and lasted for fifty-nine days—from September 17 to November 15, 2011."

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Offline RonE

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Re: Do the American people know this?
« Reply #13 on: April 07, 2025, 06:57:39 PM »

Quote
Essentially, CNBC was pimping total fake news which sent the traders into buy mode for about 45 minutes.

CNBC  fake news?!!! Who woulda thunk it
 I'm sure it came from a trusted source, close to the administration who wishes to remain nameless.
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Offline CollectivismMustDie

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Re: Do the American people know this?
« Reply #14 on: April 07, 2025, 07:22:28 PM »
The American people?

The demographic that the dem party has a 21 percent approval rating among?

Those 'American People'?

Worry about your own backyard, and nevermind ours, lefty.

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Offline SVPete

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Re: Do the American people know this?
« Reply #15 on: April 07, 2025, 07:29:08 PM »
Quote from: CollectivismMustDie on April 07, 2025, 07:22:28 PM
The American people?

The demographic that the dem party has a 21 percent approval rating among?
...

The Dem Party itself has become an 80-20 issue.
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Offline SVPete

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Re: Do the American people know this?
« Reply #16 on: April 08, 2025, 10:58:16 AM »
As noted above, the DJIA pretty much recovered from yesterday's screw-up or stunt or intentional falsehood (take your pick, to me the likelihoods of stupidity and sabotage are about equal), ending yesterday down just ~300 points. Then came today and a 1000-point jump at the beginning of the day (it's still up by ~900 points).

Time for DU to switch from Snoopy-dancing to screaming that the DJIA is a pro-Trump conspirator. :rotf:  :tongue:
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Offline CollectivismMustDie

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Re: Do the American people know this?
« Reply #17 on: April 08, 2025, 02:06:58 PM »
Quote from: SVPete on April 07, 2025, 07:29:08 PM
The Dem Party itself has become an 80-20 issue.

Indeed it has, but if you ask them, they'll tell you, 'everyone else is wrong'.

Those who remain supporting them, truly are a cult, and they are dangerous.
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"Be not intimidated... nor suffer yourselves to be wheedled out of your liberties by any pretense of politeness, delicacy, or decency. These, as they are often used, are but three different names for hypocrisy, chicanery and cowardice." - John Adams

Hillary Clinton will never be the President of the United States.
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