Stock Market off again today. DOW down 1,000 pts in two days thus far.

[ffr]

Off between 260 - 330 pts this morning. Volatile.

https://www.marketwatch.com/

[greymattermom]

1. I think that Trump somehow does this on purpose

and works the market. All of his friends know in advance and sell short then buy.

[njhoneybadger]

2. Good, I hope it keeps dropping for the next 3 weeks

[meadowlark5]

3. So what's freaking it out?

I haven't been listening too closely to the news so wondering what has them nervous. I did hear Trump say it was a necessary correction. But he's an idiot. So.

[bearsfootball516]

5. Rising inflation fears, interest rates rising, Sears and Ford are bombing.

[meadowlark5]

8. Seems inflation is pretty evident

Every couple of weeks, I'm surprised at how groceries keep increasing. Even on sale. Gas, where I live is $3.20 for midgrade 87 octane. I thought we'd all be sick of the winning and how rich we were going to be

[Wellstone ruled]

10. Add to your comment,

lost commodity sales to China and Canada. Tarriff's are killing what is left of our Industrial base ,in both raw material and finished product.

Drive by any Car Lot and it is getting down right ugly with all that inventory. Drove by the Auto Auction in North Las Vegas a couple days ago,full house,looks like 2008 redux. Pure ugly.

[marylandblue]

7. Rising Interests

They weaken the economy and as rates rise, people move from stocks to bonds.

[DemocratSinceBirth]

4. Despite a good CPI report

This couldn't come at a worse time for Chump.

[Johnny2X2X]

6. Not unexpected

There have been signs for a while of an inevitable recession. Here's the issue, Trump has already spent most of his biggest tool to combat a recession with his tax cuts, so this recession will likely be deeper than necessary.

And the budget deficits will be the highest in history. We're already at $1 Trillion deficits, if a recession is deep and drops revenue by another $1 Trillion we could be in for truly shocking levels of debt. And that will make the other big tool for fighting a recession weak too, increased government spending.

Interest rates are rising, but are still low, at least they'll be able to be lowered somewhat to fight the recession. I think the Fed will raise them 1 more time too.

Bottom line, Obama left a good economy that was trending in the right direction for years, there was no need for those tax cuts.

[Johonny]

9. There is no indication his economic team is ready to handle a recession

Indeed you get the feeling most are shorting the market. And will leave the White House if/when the economy reverses leaving dimson to handle the mess himself (or with Kanye and Kid Rock)

[Johnny2X2X]

11. The rich have been adjusting for a while

Brokers have been selling for a while, but they've been able to find new investors to buy and not effect value. It's what always happens, the people in the know bought low and are selling high, where inexperienced investors have been getting into the markets because they've been on such a great run for so long. And that will be compounded when the market bottoms out and these same inexperienced investors sell because they don't want to lose everything.

The people who really get screwed are the people who see retirement on the horizon and are forced to get out at the bottom.