Dow plummets 666 points, capping worst week in 2 years

[LateToCult 42,094]

Just now, Economy said:

Lol ok. No one can truly ever predict recessions tho. If ur gonna make life decisions based on what ppl will tell u, take it with a grain of salt

 

Always understand that in economics and financials nothing is ever certain

Issa joke. He likes Chris Stapleton so it would never work. 

[reditaccount288 377]

Dow falls more than 450 points as stocks extend losses

 

The Dow Jones Industrial Average lost over 450 points during trading on Monday as a global sell-off in equities continued on markets across the globe. The blue-chip index plunged over 650 points during Friday’s session in its biggest one-day sell-off since June 2016. The Dow was 1.82% in the red at 25,051.54 points at 7:29 pm CET. Meanwhile, the S&P 500 fell 1.40% at 7:33 pm CET, while the Nasdaq 100 declined 0.77% at the same time.

Markets in Europe closed with losses as well, buoyed by heightened expectations of interest rate hikes as various economic reports last week signaled a stronger global economy.

 

 

[scallywally 626]

The Orange man is causing a recession. 

[imnotyourbabe10 6,120]

As a social anarchist, this is great news.  Down with Capitalism!   

Who knew that the move from Late Stage Capitalism to something more egalitarian, altruistic, enlightening and loving may be ushered in during an era of a dumbass failed businessman turned orange dictator.  What a time to be alive! 

 

Also curious as to how business creating monopolies and those that centralize business could be contributing to this (like Amazon).  Maybe there isn't a connection but it's worth thinking about.  

[Retron 2,605]

I'm available to join the revolution if anybody needs me.