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democrattotheend

(12,011 posts)

36. It's starting to feel like 2008 in reverse, sadly

Mon Aug 5, 2024, 10:08 AM

Aug 2024

Obama was leading most of the summer, then McCain shook things up when he picked Sarah Palin and had those "celebrity" ads that were pretty effective against Obama, and started to grab the momentum and catch up in the polls a little bit, then the market tanked and Obama won easily. Trump was leading all year, we got a glimmer of hope when Biden stepped aside and Kamala took over and started catching up in the polls, and now this. Really hope I am wrong.

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This message was self-deleted by its author [View all] Doodley Aug 2024 OP

How would that work, exactly? elleng Aug 2024 #1

This is the worst single day fall in points in the history of the Nikkei or as a percentage since the 80s. Doodley Aug 2024 #4

Such alarmist 'noise' surely won't help. elleng Aug 2024 #5

I don't follow the point you are making. My point is this impacts on America, on the stock market, on news reporting on Doodley Aug 2024 #19

There are always market corrections, ups and downs, initial OVER-REACTIONS then a leveling out...relax. Deek1935 Aug 2024 #8

you wrote in your op that you 'think it's an overreaction' bigtree Aug 2024 #15

This is historic. No over-reaction on my part. Doodley Aug 2024 #20

you directly contradicted the fearful headline in your own post bigtree Aug 2024 #26

concern noted. RJ_MacReady Aug 2024 #29

It's starting to feel like 2008 in reverse, sadly democrattotheend Aug 2024 #36

Will alarmist warnings and predictions instill market confidence? wnylib Aug 2024 #38

The economy is great, stock market corrections happen, especially after a long run to irrational exuberance levels ImNotGod Aug 2024 #2

Agreed, but this will open the door to the economy being the number one news issue and Trump saying things like: Doodley Aug 2024 #3

I share your concerns True Dough Aug 2024 #6

Yep Cosmocat Aug 2024 #12

I hope so. And if we get more good economic news this could quickly turn around. Doodley Aug 2024 #25

Who gives a flying fuck what The Orange Rapist says. Just chill. Deek1935 Aug 2024 #9

How about 70 million people who voted for him last time. Why the aggression? Doodley Aug 2024 #21

He also says that violent crime is the worst ever, and inflation is 40% . . . hatrack Aug 2024 #11

He will say this anyway travelingthrulife Aug 2024 #35

I disagree Turk182 Aug 2024 #16

People just need to chill out. Bedwetting over this and that and that and this is foolish. Deek1935 Aug 2024 #17

Thank you. You are right. Trump will put the fear of God into voters who listen to him and drive up GOP turnout. Doodley Aug 2024 #23

concern RJ_MacReady Aug 2024 #24

It's nothing more than a big casino CountAllVotes Aug 2024 #18

meh RJ_MacReady Aug 2024 #7

Less pressing the DOOM button maybe? Brainfodder Aug 2024 #10

this is election season bullshit bigtree Aug 2024 #13

I don't think the fear is that the economy is in a recession... Self Esteem Aug 2024 #27

the market hasn't dropped this low bigtree Aug 2024 #31

The market just opened. Self Esteem Aug 2024 #33

The sky is not falling due a week or ten days of bubble corrections DFW Aug 2024 #14

The problem with this Calista241 Aug 2024 #40

first of all where is the link to the poll? Demsrule86 Aug 2024 #22

Wall Street is pretty much a casino and I can't figure out the latest drop at all. Vinca Aug 2024 #28

Late summer months are always a bad time for the markets. Yavin4 Aug 2024 #32

We want booming economy in October kansasobama Aug 2024 #37

Won't happen that fast after a rate cut. Yavin4 Aug 2024 #43

Just everyone having a sad Diraven Aug 2024 #30

What Isn't Alarming to You, Doodley? MineralMan Aug 2024 #34

For godsakes it is just a minor correction. If doc03 Aug 2024 #39

The stock market is down one day and back up the next GoreWon2000 Aug 2024 #41

Been predicting, since start of campaign season, that Corporations would try to tank the economy before November Attilatheblond Aug 2024 #42

Most Americans have always been morons Zoomie1986 Aug 2024 #44

Relax. Elessar Zappa Aug 2024 #45