• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Stocks unravel as factory report unleashes uncertainty on the economy

grip

Slow 🅖 Hand
DP Veteran
Joined
Dec 1, 2011
Messages
33,000
Reaction score
13,973
Location
FL - Daytona
Gender
Male
Political Leaning
Independent
Stocks unravel after factory report; Dow sinks 325 points

U.S. stocks were battered on Monday, with benchmark indexes falling through key support levels after a gauge of factory activity disappointed, heightening concern about the economy before Friday's monthly jobs report.


Explain the Market Drop? There's been a run down the last week, is it due to normal fluctuations (10% correction), or something more?
 
Good now my CAD will hopefully be worth something. When things go bad in the U.S. they invest in our dollar.
 
We've had straight growth for almost 2 years. That doesn't happen often, and we're probably going to experience some normal market corrections.
 
The stock market is an overrated indicator of economic health. I apologize for being blunt, but the only people that are hurting after that 320 point drop today that weren't hurting previously are rich investors and CEOs that dominate the money supply. very few "average Americans" in the middle or lower classes have stocks, and those that do usually invest significantly less in significantly more stable companies. So yes, some investors took the "L" today. But they have been getting the "W" for the past 4 months as stocks have hyper-inflated due to the Fed's policies. Regular, everyday Americans are in the same boat today as they were yesterday.
 
The stock market is an overrated indicator of economic health. I apologize for being blunt, but the only people that are hurting after that 320 point drop today that weren't hurting previously are rich investors and CEOs that dominate the money supply. very few "average Americans" in the middle or lower classes have stocks, and those that do usually invest significantly less in significantly more stable companies. So yes, some investors took the "L" today. But they have been getting the "W" for the past 4 months as stocks have hyper-inflated due to the Fed's policies. Regular, everyday Americans are in the same boat today as they were yesterday.

Well some winners are the fund managers who will churn the accounts, make a commission while 'saving' the investor's money. oh and all the guys who took short positions. To the casual glance the stock market looks more like a game of Keno/Casino capitalism than a good place to convert the Social Security program into...

But what do i know, i invest in land and cattle and the USDA just announced the national cattle herd is at it's lowest since 1951. :peace
 
A huge market correction is inevitable of-course due to QE.

I keep flipping to CNBC to see whether or not the "curbs" are up.

When you see enough change in the currencies, bonds, PM's and other investment tools that could be a sign of a bigger move.

The stock market is an overrated indicator of economic health. I apologize for being blunt, but the only people that are hurting after that 320 point drop today that weren't hurting previously are rich investors and CEOs that dominate the money supply. very few "average Americans" in the middle or lower classes have stocks, and those that do usually invest significantly less in significantly more stable companies. So yes, some investors took the "L" today. But they have been getting the "W" for the past 4 months as stocks have hyper-inflated due to the Fed's policies. Regular, everyday Americans are in the same boat today as they were yesterday.

The average American isn't directly impacted by Market drops but sustained dumps, like the 2008 run are an indicator of overall economic health. There's no way the big corporations can take a sustained hit (money shortage) and not pass it on to us, in less jobs/benefits, lower wages, layoffs, price increases, higher commodities etc. If it's only a 10% correction as they've been predicting, due to over investing and exuberance, then it won't affect us.
 
Back
Top Bottom