Dow futures suggest bloodletting may not be over.

[triron]

https://finance.yahoo.com/m/1b5797a8-04fe-3c5e-9175-754f6c76bbc1/dow-futures-fall%2C-suggesting.html

[NRaleighLiberal]

1. I compared where my IRA value is today after the carnage....

and it is essentially where it was October of 2017 - so one full year of, essentially, no gain.

So much winning under the orange buffoon.

[roamer65]

2. The Federal Reserve believes it is behind on raising rates.

They’re not gonna lay off until they get fed funds to about 3 percent.

[Algernon Moncrieff]

4. They basically loaned money interest free for a decade

Even the 3%+ they propose is low. Remember the halcyon days of 2x digit prime rates? We were thrilled to get our first home loan at 9.75%.

[Recursion]

8. They're not wrong. Stocks are way, way, way over normal P/E

That sucks for the people who bought when it's high, but it doesn't help anybody to prolong the process.

[Algernon Moncrieff]

3. Today's numbers were big, but the percentage drops were minuscule

Rank Date Close Net change % Change
1 1987-10-19 1,738.74 −508.00 −22.61
2 1929-10-28 260.64 −38.33 −12.82
3 1929-10-29 230.07 −30.57 −11.73
4 1929-11-06 232.13 −25.55 −9.92
5 1899-12-18 58.27 −5.57 −8.72
6 1932-08-12 63.11 −5.79 −8.40
7 1907-03-14 76.23 −6.89 −8.29
8 1987-10-26 1,793.93 −156.83 −8.04
9 2008-10-15 8,577.91 −733.08 −7.87
10 1933-07-21 88.71 −7.55 −7.84
11 1937-10-18 125.73 −10.57 −7.75
12 2008-12-01 8,149.09 −679.95 −7.70
13 2008-10-09 8,579.19 −678.92 −7.33
14 1917-02-01 88.52 −6.91 −7.24
15 1997-10-27 7,161.14 −554.26 −7.18
16 1932-10-05 66.07 −5.09 −7.15
17 2001-09-17 8,920.70 −684.81 −7.13
18 (tie) 1931-09-24 107.79 −8.20 −7.07
18 (tie) 1933-07-20 96.26 −7.32 −7.07
20 1914-07-30 71.42 −5.30 −6.91

https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average

Today's drop was 3 and change. So I expect more. The market is way past due for a 10-20% correction

[moondust]

5. Asian stocks are way down.

http://money.cnn.com/data/world_markets/asia/

[duforsure]

6. The trump slump

Is causing the world markets to become weaker and more unstable now, and it will continue, and get much worse , just like it did under W Bush when they did the same thing, only not a many bad things to create it. Add another starting of a war and we'll be in another recession , and maybe even a depression under the Trump slump. They've driven the deficit sky high adding trillions to our debt causing interest rates to rise , which they should, and he then claims its their fault , when it clearly isn't their fault at all. They're raising rates to prevent being caught with no leverage, and no tools to use when it crashes on them, again. He's caused a world market slump alone.

[beachbum bob]

7. global economic fundamentals pretty much suck and in the US, the economic "boom" has been

centered on the upper 1% and businesses so little positive impact as we can see in family disposal income has yet to show any significant improvement. The markets are WAY oversold, fueled by stock buybacks than improved business earnings. Once a correction starts and this could be the start we could see a 10-20% drop easily...

[Achilleaze]

9. republicans accept full responsibility for Wall Street FAIL

Never. But everyone knows they are liars.

[Hortensis]

10. Pile seasonality fluctuations on trumpeconomics

and all the rest, and pubs have reason to worry. Not that we can afford losses, but for me everything right now is about the midterms.

[jpak]

11. DOW futures are down -255 points right now

and dropping