Thread: Stock market plunges, with Dow down a record 1,176 points

Remember the DemoQuacks claiming our corporations would just their windfall to buy back their stocks?? DemoQuacks are so stupid. No, if they were doing that the stock market would have bloomed up to 30,000. They are doing exactly what we want them to do, raising wages and investing in new plant and equipment which will be expenses with earnings, profits and increased asset value to show themselves later on. Economy is great. Trump needs to stick to his Agenda and keep moving the ball forward, it's also nice to see the bond market and interest rates coming up for CDs and bondholders, because that is spreading the economic growth across all sectors, not just the stock market.

Interesting timing. The market was the lowest while Trump was giving his speech. I am not a big believer in coincidence.

It was interesting, in fact, Fox News cut off his speech to go cover the market and as soon as they did, in just a few minutes it rebounded to half of the drop, then later in the afternoon fell again. It's just trading and correcting overvalued stocks competing with the much recovered bond market. When you can buy safe US treasuries and earn almost 3%, a lot of funds are going to diversify, sell some overpriced stocks, take the profit and reinvest in the bonds. That's what people were doing so 401 K's will still be fine, if not stronger with more safe bonds, and be more diversified.