Dow Plunges 1,100 Points; Where Is Trump's 'Very Major' Coronavirus Stimulus?

Because there aren’t. My bank account is fueled by my hard work

 

Of course it is.

 

Yeah when the market was responding to the booming economy it was time to buy as it did nothing but go up. Now its responding to corona panic and it's time to buy the dips.

 

After the dip caused buy this announcement things will bottom out. Probably by the end of today would be my best guess. After that it could go down more but getting in during this time frame virtually guarantees you big profits within the next year or two.

 

Lol. Trump haters... Never give anything he says time to play out, just like the day he was inaugurated and all of y'all were screaming "Where's that wall he said he would build!!!"

Shouldn't you be more concerned with the apocalypse that's about to kill us all?

 

Dude. You are definitely not helping by pretending that anyone is calling this an apocalypse. It is not.

It is a very serious virus that is already wrecking havoc and will continue to get worse. Prepare accordingly.

 

You are also not helping by pretending that everything is under control. The NBA just suspended its season and Trump issued a 30 day travel ban to most of the European countries (excluding the countries where he has a golf resort, of course).

It is not. This is a very serious virus that is not under any semblance of control currently and you need to prepare accordingly.

 

No no... the question was where is the wall Mexico was supposed to be building. Its cute how y’all always leave out the Mexico part. Instead we have to pay for it.

 

Market DOWN almost -2000 in the first hour.
https://www.ccn.com/the-real-reason-why-the-dow-jones-crash-is-far-from-over/
Trump's "roaring economy"! #MAGA

Countless TRILLIONS...LOST...

Thanks Alot, Trump!:smh:

 

And how do we know that liberals didn't invent and released the Corona virus to bring down Trump/Trumps economy?

 

Just between us, and don't tell anybody:

It is all part of a sinister scheme being hatched by Bat Boy and Hillary to WIN the Presidency in a 3rd Party Bid.

Serious Bidness.

Anyway, these losses are way up into the TRILLIONS of "Lost Value" (since the 2020 High Point).

Really scary.

 

The emergency measures were spent during the economic good time: interest rates are already at emergency lows; tax breaks for the wealthy are already in tact, and deficit spending is already maxed out. Like the host of the feast, who included the emergency rations in the main course, we have nothing left to use now that an emergency may be upon us.

President Obama began the 2009 recovery by lowering the Prime Lending Rate and increasing our Deficit spending. After the Recovery was moving smoothly the Prime Lending rate was not raised back to normal (about 4-6%). Nor was the increased deficit paid down, and Deficit spending continued. Trump followed suit and additionally granted massive corporate tax breaks, benefiting the wealthiest among us, but supposedly meant for bolstering a failing economy. Now we have no emergency policies left in place for addressing any real emergency.

 

The NBA suspended the season they didn’t cancel it.

and the travel restrictions have been in place since Jan...he just added more. That is being in control. Not doing anything would be out of control

 

Easy come, easy go.
I believe the US was already 21 trillions in debt before DJ Trump arrived.

 

I said suspended, but thanks for repeating me on that front.

And he added more travel restrictions AFTER the virus is already found in ~46 US States. What the **** does banning travel from European Countries* going to do?

*Excludes countries without a Trump owned golf resort

 

Has Trump explained yet why the UK has not been included in the travel ban considering much of Asian, Middle Eastern, African and European flights have a stop over for connecting flights or refueling at Heathrow Airport (London) before flying onto the US?

 

You are absolutely correct and I have heard it explained like this:

The fiscal policies used by Obama's economic team to handle the financial crisis was akin to using a firehose to put out a fire. The continuation of that policy after Trump took over was akin to using that same firehose to fill up the pools of the wealthy. They continued to drain from the same reserves and instead of refilling the reserves after the financial crisis ended, they just kept dumping and now we are in a place where the federal government has very few, if any, tools to help stop the next financial crisis.

 

Keep people from Europe from coming here....duh

The EU is a mess now, they haven't been on top of this....Great Britain isn't as bad.

 

No explanation as far as I have seen.

I did see where he had to get on twitter and clarify his travel ban.

https://www.usatoday.com/story/news...emark-says-ban-doesnt-apply-cargo/5028734002/

 

Dow Record High (2/12/20) = 29, 551.42.

29 Days Later (NOW) = 21, 750.74

- 7, 800 (In less than a Month).

Wow.

Trump really has a handle on this economy.

Everybody is getting rich on their 409ks (sic).

Thanks alot, Trump!:smh:

 

The UNITED STATES has NOT been on top of this!

We were slow to roll out testing and we have a ****ing moron in charge who has lied about the virus, downplayed its threats, contradicted his experts, and convinced roughly 2/3rds of Republicans that the media coverage of coronavirus is being over-hyped while his own health experts are testifying before Congress that this will get much worse.

Banning travel from the parts of Europe that do not have a Trump owned resort ain't going to do ****.

 

Don't worry. In the next few minutes it will be thousands up because of all the Trump supporters buying as bargains to be made as surely they are true to their words in their posts. So expect to see the index up 2000 by end of day

 

Yeah we have. Hence why things aren't as bad as China, and the EU.
It has been overhyped. Risk is low, and it's not deadly to the vast majority of the population.

 

Buy Low, Sell High.

it will probably be Up 5,000 by the Closing Bell.

Trudat. No foolin'.

 

So it looks like another ill-thoughtout-out policy of his to add to the many