General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSoonerPride
(12,286 posts)It fell a lot at the opening bell and then went up all day after that
dchill
(38,609 posts)Danmel
(4,940 posts)dchill
(38,609 posts)gab13by13
(21,487 posts)I stopped watching cable money news programs. Only down 225 after a 33% drop of GDP when the next worst drop was -10%.
I heard what Fed chair Powell said yesterday, if needed central banks are prepared tp pump trillions more into Wall Street to keep the DOW up for Trump. Well, paraphrasing his talk.
Yavin4
(35,454 posts)The stock market is getting propped up by the Fed.
Hoyt
(54,770 posts)Honestly, I dont think the Fed is propping it up for trump, but it does help trump a little, other factors equal.
If the market doubles, trump is still likely out if people are out of work and worried about future relief. Lots of us wouldnt vote for him if he gave us a $ 5 Million stimulus check, healthcare, etc.
Alacritous Crier
(3,825 posts)but, of course, it's all silly putty these days anyway.
GOTV.