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I hope the Dow goes down another 2,000 points. The inflated market is what has kept fat cat GOP donors tied to trump. The don't really like him, but to them Money is King.
Let them take some major hits in the market then see how much they still like trump.
They were just as tied to Obama or we would not be in this place to start with. His largest contributors were Wall Street.
The S&P continues to drop in after hours trading and is now down 6% on the day. S&P is a much broader index than the Dow, and no matter how you want to spin it, a six percent drop in a day is a big deal.
All economic indicators are overwhelmingly positive, new corporate rate will be on next quarters earnings. Me thinks this is the big boys shaking out the little guys and getting in on a 15-25% discount before next quarters earnings.
It takes courage but this month could present a great buying opportunity
As is being reported by some have pointed out, this is a market correction as people see the end of NAFTA is likely coming.
This is a shift of money from Wall St. to Main St.
Very doubtful. For many reasons.
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