Author Topic: Stock market news today: Nasdaq futures sink 4%, Dow futures cascade down as global sell-off intensi  (Read 4007 times)

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Online mystery-ak

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Ben & Candy Carson
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The markets are in turmoil.

The Middle East is a powder keg.

The border isn’t secure.

Prices are exorbitant. 

Lawfare has replaced the rule of law.

Crime is rampant.

It didn’t have to be this way. It certainly doesn’t have to continue.

Kamala = Chaos
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Jordan Rachel
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3h
Remember when Biden/Harris claimed that 16 Nobel Prize-winning economists said that Donald Trump would wreck our economy 🤡

Where are they?
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Joe Biden Boasted ‘I Cured the Economy’ Days Before Global Market Rout

Joe Biden insisted the Biden-Harris administration “cured” the economy just days before the Dow dropped 1,000 points Monday morning.

https://www.breitbart.com/economy/2024/08/05/i-cured-economy-joe-biden-said-days-before-global-market-rout/
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Online DefiantMassRINO

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... on the CNBC: blah blah blah ... Yen carry trade ... yaddah yaddah yaddah ... VIX was 60 this morning prior to start of trading ... whoop whoop whoop
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Dow drops 800 points, Nasdaq craters 3% in global market rout: Live updates



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U.S. stocks fell sharply on Monday as part of a global market sell-off centered around U.S. recession fears. Japan’s Nikkei 225 plunged 12% in its worst day since the 1987 Black Monday crash for Wall Street.

The Dow Jones Industrial Average dropped 821 points, or 2.1%. The Nasdaq Composite lost 2.7%, and the S&P 500 slid 2.3%. The blue-chip Dow earlier fell as much as 1200 points.

Fears of a U.S. recession were the main culprit for the global market meltdown after Friday’s disappointing July jobs report. Investors are also concerned that the Federal Reserve is behind in cutting interest rates to bolster an economic slowdown, with the central bank choosing instead to keep rates at the highest in two decades last week.



https://www.cnbc.com/2024/08/04/stock-market-today-live-updates.html
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Philip Anderson
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🚨BREAKING: The Kamala Harris campaign says that they don’t plan on changing anything in response to the biggest economic disaster of the decade and the likely hood of a recession going up by 10%. Kamala Harris is not going to speak to try to calm the fears of Americans or the World. She plans to remain in hiding.
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Offline libertybele

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Kamala is in hiding.  Kamala = Chaos 9999hair out0000

..hmm.... perhaps the leftist want to dump the economy/inflation, recession/depression in Trump's lap and lay the blame on him so they can recapture the Senate and House in '26. ???? Red state governors are going to be term limited. Then capture the WH in '28??

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Kamala is in hiding.  Kamala = Chaos 9999hair out0000

..hmm.... perhaps the leftist want to dump the economy/inflation, recession/depression in Trump's lap and lay the blame on him so they can recapture the Senate and House in '26. ???? Red state governors are going to be term limited. Then capture the WH in '28??

So what should either Trump or Kamala be doing right now? Neither one of them are in a place to affect anything and the best thing to do right now is nothing. It is a long overdue correction.

And Trump should talk. Look how the market reacted to his trade war and his Covid lockdown

And Donald Trump needs to shut his mouth. Because of the stock market stabilizes and bounces back a little bit after the correction he’s gonna look really, really stupid


He’s hoping that this is going to help floundering presidential campaign

« Last Edit: August 05, 2024, 02:08:53 pm by LMAO »
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Offline libertybele

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So what should either Trump or Kamala be doing right now? Neither one of them are in a place to affect anything and the best thing to do right now is nothing. It is a long overdue correction.

And Trump should talk. Look how the market reacted to his trade war and his Covid lockdown

And Donald Trump needs to shut his mouth. Because of the stock market stabilizes and bounces back a little bit after the correction he’s gonna look really, really stupid


He’s hoping that this is going to help floundering presidential campaign

Except for the fact that Bidenomics and inflation is hurting people in their wallets -- that all happened before this crash.

Now Joe is getting us into a war in the Middle East hoping that that will help Harris.

It's August -- we only have a few months to go till election time. It's going to be a wild ride either way.   **nononono*

Offline catfish1957

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I'm not getting excited until we see about a 20% correction.   It's been so long since there has been a bargain for an equity, I've about given up.
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Online LMAO

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Except for the fact that Bidenomics and inflation is hurting people in their wallets -- that all happened before this crash.

Now Joe is getting us into a war in the Middle East hoping that that will help Harris.

It's August -- we only have a few months to go till election time. It's going to be a wild ride either way.   **nononono*


Donald Trump tried taking credit for the record stock market under Biden. So by his reasoning, this correction is also on him
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Offline catfish1957

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I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.

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Donald Trump tried taking credit for the record stock market under Biden. So by his reasoning, this correction is also on him

I haven't kept up with the Trump rallies, so, I haven't heard him taking credit for the market. So, you don't think in anyway, that the stock market has been propped up at all?  Stocks may have been up, but that doesn't equate to lowering inflation and helping people put food on the table, paying rent/mortgage and putting gas in their cars.

....and how much has Joe added to our deficit???

War in Ukraine and open borders haven't helped.

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I haven't kept up with the Trump rallies, so, I haven't heard him taking credit for the market. So, you don't think in anyway, that the stock market has been propped up at all?  Stocks may have been up, but that doesn't equate to lowering inflation and helping people put food on the table, paying rent/mortgage and putting gas in their cars.

....and how much has Joe added to our deficit???

War in Ukraine and open borders haven't helped.

https://www.nbcsandiego.com/news/national-international/trump-blames-harris-biden-for-stock-market-meltdown-after-taking-credit-for-past-upswing/3588548/?amp=1
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The Election Just Changed Dramatically. Now You Have a Choice- You Can Vote for Abortion on Demand, DEI and Open Borders…or for Your Job, Income, Assets & Future of Your Children.
August 5, 2024
Wayne Allyn Root
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With stock markets in America and around the world crashing today, the US election has just changed dramatically. The country and the world desperately need an adult, economic expert and lifelong CEO at the controls.

That would be President Donald J. Trump.

The Democrat’s current savior Kamala Harris is a DEI hire and cackling fool who has never held a private sector job, never created a single private sector job, never started or run a business, never raised money, never managed money, never studied finance, or economics. ...

Poor Kamala. Everything changed today. The election is no longer about abortion, abortion and more abortion.

The stock market meltdown of the past few days has been a reflection of two factors…

First, US markets were at all-time highs in expectation of a Trump landslide victory over Biden. As soon as Biden stepped aside and polls showed Kamala with a chance to win, markets collapsed.

This has been “The Kamala Crash.”

Secondly, sometimes things suddenly become crystal clear. The entire world just woke up to the fact that you can’t run economies based on massive spending, debt, taxes and welfare, DEI, ESG, killing fossil fuels, the fraud of green energy…and especially open borders and lavishing trillions of dollars on illegal foreign invaders.

This is how you destroy a country, economy, capitalism, opportunity, mobility, prosperity, and wipe out the greatest middle class in world history. ...
The abnormal is not the normal just because it is prevalent.
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Offline mountaineer

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Joe Biden said last week that he “cured the economy” and not one media member will mention how wrong that was ...

https://twitter.com/ianmSC/status/1820473999304151132
The abnormal is not the normal just because it is prevalent.
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If things stabilize, Harris is likely to point to a 9% annual return on the Dow, which is typical if not a little better.  Stocks do seem expensive though (along with everything else).

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I'm not getting excited until we see about a 20% correction.   It's been so long since there has been a bargain for an equity, I've about given up.



I'm sure no expert...but aren't the markets still abnormally high, even after the last couple of days.


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The Election Just Changed Dramatically. Now You Have a Choice- You Can Vote for Abortion on Demand, DEI and Open Borders…or for Your Job, Income, Assets & Future of Your Children.
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