General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMake your prediction on Friday's stock market here
I'll start. Dow down 500.
Probably more.
Baclava
(12,047 posts)yonder
(9,676 posts)greenjar_01
(6,477 posts)TeamPooka
(24,255 posts)PoindexterOglethorpe
(25,898 posts)Why people here are always jonesing for the market to drop makes no sense to me. And in reality, Trump being tested positive is good news for the market.
Boomerproud
(7,964 posts)He may have abandoned NY but he is their god.
PoindexterOglethorpe
(25,898 posts)who are VERY supportive of Biden. And not at all supportive of Trump.
Keep in mind that if Biden wins the election, there will be a slow but steady improvement in the fundamentals of our economy. Which will give a huge boost to the Dow. We are seeing hints of that already.
garybeck
(9,942 posts)people want the stock market to drop before the election because that hurts trump. I've heard TONS of people say, "yeah i don't like his personality but the economy is doing great. look at the stock market"
and the reason it will go down today is simply because of uncertainty.
muriel_volestrangler
(101,361 posts)eg London down about 0.8%. So it's not seen as world-changing.
BainsBane
(53,072 posts)It's all about their tax breaks and sucking money from working people. The market will drop significantly.
tandem5
(2,072 posts)Rice4VP
(1,235 posts)also thousands of airline layoffs today. Plus, the unemployment number is supposed to be not that great
AngryOldDem
(14,061 posts)Could be a bloodbath today.
regnaD kciN
(26,045 posts)...watch the Republicans claim that it's all due to the market's fear that Trump may not continue to be president.
Hortensis
(58,785 posts)AngryOldDem
(14,061 posts)Presidential health concerns and the Dow dont play well with each other.
It will depend on whats known at the open. Will the circuit breakers trip? Who knows.
EDIT: Futures down -329 as of 4:30 EDT.
PoindexterOglethorpe
(25,898 posts)The Dow closed at 27,819 on Oct 1.
A drop of 2,000 would be something like 7%. Big whoop. And honestly, I'll be quite shocked if the Dow drops anywhere near that amount.
Again, I'll comment that people here are constantly jonesing for a huge drop in the stock market. Apparently none of them have any money in the market, don't have a 401k or a Roth or any kind of pension plan invested in the stock market. Which makes me wonder if they have any money saved or invested at all. Hmmm.
Demsrule86
(68,689 posts)an infected president and an exposed vice president....down and down.