Unsettled DOW is taking another nose dive right now. Was 50 down, then 100, then 150, now almost 200

[ffr]

What's going on?

[Botany]

1. What's going on?

Trump and that GOP tax cut for the top 1%.

[ffr]

5. The markets are suppose to represent "futures," not the past.

Is this a delayed reaction to the pummeling the U.S. Treasury is taking from the tax cuts for conservatives?

[LanternWaste]

13. Stocks are leading, rather than trailing indicators.

Stocks are leading, rather than trailing indicators.

[Botany]

15. many reasons

This may just be a correction because the market can't just keep going up
and up but we have tried republican economics before and millions of Americans
have suffered ..... think great depression, the w bush crash, Reagan's deficit,
and so on. Supply side economics doesn't work. And I might be wrong but
I think the good economy we enjoyed over the past year was the result of Obama's
skilled leadership and now we have somebody who doesn't understand anything
in the White House.

My predictions when Trump "won" still holds.

The market will crash
The economy will tank .... unemployment will go up.
The deficit will jump
Trump will start a war.

[rzemanfl]

2. Besides the country going to hell in a handbasket? Dunno. n/t

[MineralMan]

3. Because...Trump.

[Wounded Bear]

4. Correction, for now...

Expect it to continue for a few days, at least. Perhaps some bounce back coming, but since it's been on the rise for 9 years, a correction is overdue.

Let's just hope it doesn't turn into a crash.

[question everything]

18. But for the moment we can enjoy the Trump crash

add to "I alone."

[ck4829]

6. Fox News sez: After the Trump rally, are we experiencing the Obama slump?

Purely hypothetical, and here's the problem with using the stock market as in indicator of the economy at all:

http://rw-infopedia.pbworks.com/w/page/117407481/Oracle%20of%20the%20Dow

[Proud Liberal Dem]

9. Huh?

Did Obama re-assume the Presidency and we all didn't notice?

[DemocratSinceBirth]

7. "The market can remain irrational longer than you can remain solvent."

Attributed to Keynes.

[NewJeffCT]

8. the uptick in wages

has sparked a real fear of inflation.

[flamingdem]

17. this

[NewJeffCT]

22. Another big factor

that might not be admitted to, but the markets could be nervous about losing Janet Yellen's steady hand on the market. She did help guide the country through the recovery. Knowing that Trump is neither very stable, nor a genius, the markets might be worried about her replacement.

[flamingdem]

23. Yes, but I think it's clear the amount of increase in rates

and when. So not sure if there is huge concern about the direction of things, but overall yes who wouldn't be concerned.. They're nearly all incompetent. And crooked!

[LuckyCharms]

10. Literally any type of chaos or uncertainty can crush the market. n/t

[MFM008]

11. Let's see if babyfists

Takes credit for it....

[LanternWaste]

12. All the bumper-stickers and fortune cookies keep repeating "correction."

All the bumper-stickers and fortune cookies keep repeating "correction."

Oddly enough, these prognosticators of public pesos apply "correction" to merely one direction.

[D_Master81]

14. Interest rates are going up too

[AlexSFCA]

16. but its not just US, global markets are down also

[Spider Jerusalem]

19. Day to day volatility matters less than the longer-term trend (n/t)

[C_U_L8R]

20. Trump and Dump

There's no bottom in sight with this clown at the helm.

[Gothmog]

21. Winning???