Dow crashes 653 points 18 months of gains lost worst December since the 1931
 

3,300 points lost since October, 13% of market wealth evaporated.

The stock market has dropped down to July 28, 2017 levels.

Out of 2 years being POTUS Trump now only has just 6 months of stock market gains.

Analysts are saying those remaining 6 months of gains will be wiped out this week after the stock market opens Wednesday.

"Last week was the index's worst in 10 years -- since the 2008 financial crisis. This month is currently on track to end as the worst December since the Great Depression."

Stock market has worst December since Great Depression

But at least we can say Merry Christmas again!

Dear idiot, tell us what the interest rates were for the 30 years preceding Obama and get back to us. I realize as someone who doesn't live in America you are clueless to this.

If the balloon is ready to pop you don't keep pumping air into it.. They needed to give it a break. Instead they may have stuck a needle in it.

Raising interest rates by 2% is not going to cause the DOW to have its worst December since the Depression. The fuck do you think the interest rate was during Reagan? If you lived in America you wouldn't post such nonsensical retarded bullshit.

Remember when he told us you have to show ID when you buy things with credit cards?! That's some third world shit right there :1orglaugh:1orglaugh

They all just mimic what Trump says like the fucking brainless sheep that they are.

This is what happens when you simulate a growing economy its why when your bozo leader was dropping tax rates and letting corporations return their stolen loot people like myself and Thommy were screaming IDIOT, while people like yourself cheered it along.

No one is more responsible for the market than your dear leader, he owns this and the scary thing is.. he's already raided the recession buffer piggy bank.

BTW Australian economy was on exactly the same path... 2019 budget is for a surplus and local stocks are doing well, dam pity for those with US connections however, and because there's so many of them here and around the world where the USA rapes cash from... worldwide recession bells are now ringing..

IMPEACH THIS FUCK.. ASAP.

Stocks were high because companies were borrowing cheap money and buying back stocks

US companies spent $4T buying back their own stock
https://nypost.com/2017/08/19/us-com...eir-own-stock/

That was due to Trumps tax cuts, how on earth do you not know this? So basically the tax cuts artificially stimulated the market and when that wore off we have the reality of the past month. The economy is in worse shape than we know.

This December is the worst December market crash since the great depression in 1931.

But tRumplestiltskins say nothing to see here.

well i have never seen him but i assume if i would be at the POS and would see such a strange idiot i would ask for the ID too.

hahaha - you made my day. finally i found someone more stupid than a piece of bread.

"It’s the “shock” market rally —  cash-rich US companies have plunged nearly $4 trillion of their cash into buying back their stock since 2008"


So Trump cut taxes in 2008?

There's no argument that the Fed is doing what they are doing because Trump cut taxes.. That should give EVERYONE great pause. They are literally telling the World "What you giveth, we taketh"

Facts Are Facts=> Obama Owns Worst Economic Numbers in 80 Years, Since 1932

Over the first five years of Obama’s presidency, the U.S. economy grew more slowly than during any five-year period since just after the end of World War II, averaging less than 1.3 percent per year. If we leave out the sharp recession of 1945-46 following World War II, Obama looks even worse, ranking dead last among all presidents since 1932. No other president since the Great Depression has presided over such a steadily poor rate of economic growth during his first five years in office. This slow growth should not be a surprise in light of the policies this administration has pursued.

Keep trying, BladeLiar :1orglaugh

He filed bankruptcy how many times? LOL!

I'm sure being handed the worst recession since the Great Depression had nothing to do with that.

Blade, are you surprised? Don't you know that any economic gains are because of Obama, and any economic losses are because of Trump? That's the way it works. Because we all agree with Obama politically, and disagree with Trump politically.

Is there one Trump supporter on this board that isn't mentally challenged?

You can tell that the Robbies, onewebcams, asspimples of gfy have no retirement funds or investments of any kind...


Otherwise they wouldn't be making excuses still...

They are playing 4d Special Olympics

Japan's Nikkei drops 5 percent after Wall Street slide deepens

https://www.cnbc.com/2018/12/25/asia...month-low.html


SSE Composite −60.72 (2.40%)

Orange Man Bad is bringing the World to it's knees.. Just like he did in '08. Who's hoarding all the cash?

..yet again, you fools have no idea on these type things. This started way back with Clinton, (Glass–Steagall) Bush, (yellow cake) Obama, (QE). It's starting to look like, blame the goyim Orangeman-bad or like he was set up too win from the start. Honestly.

IMO, here's how this is going to play out.

The markets have been trading in fucking fantasyland for the past decade. Now that all the QE is gone and not returning they are all crying crocodile tears. This bloodbath will continue and nobody can stop it now.

Prognosis: This culture of perpetual debt is now malignant and terminal. The FED will protect itself first and foremost as priority #1, they always have and always will.

Forecast for 2019 Q2-Q3

S&P to 1100

Dow to 11000

Gold Bullion 1500

Silver Bullion 40

For the clueless: We never left the last recession, now that all the bailouts and buyback pump & dump games are pretty much exhausted... it's now all being counted down and dropped onto the shoulders of the bag-holders over the first two quarters of 2019.

Burn all the paper and then we'll all see who remains standing.

All this talk of the economy is SO funny to me! I started immediately after the crises of 2008. Everyone said I would fail because.....? The economy stupid! But I've grown and made more every year, all through Obama and now Trump.

All I can say is: hallelujah for recession-proof porn!!

Time grab Federal Reserve by the butt

True :thumbsup

Tax cut - stimulate real sector economy, when peoples get work and start work) :2 cents:
Federal Reserve stimulates financially sector economy, it not a real sector, when rich become richer on computer numbers moni.

Federal reserve movements were as predictable as the moon rising based on the stimulus given to the American economy during a time of growth and winding back of QE. It was a MORON economic move by Trump and his party to simulate in a time of growth, all he had to do was steer the ship.

Trump has proven beyond a doubt that his chaos style management ends in bankruptcy more than success. All it does is manage to keep his name in the headlines so he can move on to his next project and draw more suckers in... and that scenario is fine for property development and flipping over inflated shit apartments, but in no way how you want a country to be run.

The big one to watch now will be trade deals with China, without them both countries are fucked. But if these deals are not exclusive US/China trade Trump has failed and fucked the USA in the ass.

China's population has a MAJOR problem on the horizon.. 75% of their wealth is in real estate.. And it's crashing... It's not even really began yet and the people are already literally ATTACKING people who sell below market.

So?... 75% of Australians, Americans, British, Germans and every population on the planets wealth is real estate connected.... To the vast majority its the single biggest investment they make.

China is basically the only country lending the USA money to keep it afloat, China is the USA's biggest trading partner, More trade with China imperative if American big businesses want to grow. However it doesn't matter a fuck what deals you have with China, what matters is.. do the Chinese want to buy your product.

I would not wish a chinese crash if I would be you.
A crash in china is a crash for the whole world economy. and like MrBaldBastard wrote correctly china is not only the biggest trading partner of the US it is also the biggest creditor.

i will never understand that people whose prosperity depends on export can assume that it is good when buyers and lenders are broke. seems to be a big black hole in the education system you guys went through.

loool japan is your second biggest buyer you fool !
you seems to think that US is on another planet. if the world is on it´s knees america is on it´s knees.
the only difference between the other countries and america is that america have the highest debts already and no way to borrow more when creditors need the money for their own problems.

wake up you stupid fool and learn a bit how economy works before you post such shit and praise your own suicide.

in 2019 i complete 22 years in this industry and in all this time the porn-sales have been directly connected with the stocks market.

so yes what you saw since the 2008 crash was a permanently growth of the stocks-market.
but game is over now.

I could see already in the past 3 month sales and even free joins going 1:1 along with the curve of the german DAX (as we are focused on the german speaking markets).

as the numbers i can look at are really high and over a lot of niches and products I talk about reliable numbers.

as soon as the americans have realized that their economy was feed by their own credit card limits you will see the same issue (just harder and on a bigger drop)
a good example are the US-november numbers of private spendings versus private income.
spendings went up +0.4% income +0.2% - nobody have to be an einstein to see where that ends. and the even bigger problem is that those people who spend more as they made did not even get more for their money because of the inflation rate.

so now let´s make some maths:

more increase of spendings and less increase of income for same prosperity can only be balanced with a decrease of spendings and decrease of prosperity.
the first thing people save money are the things they do not really need.

it is scientifically proven that the human libido falls in economically worse times. so porn will be something they can save first because they don´t want it that much anymore.

The Chinese as a whole have 75% of their money invested in real estate... As opposed to the US roughly 20%... As in most of their eggs are in 1 basket.

China's '08 is on the brink...And it will be DISASTROUS.

The government's been propping up the market by buying up the inventory.. There's an estimated 100+ million unoccupied homes/flats NOT including the government inventory.. The government funded program is set to end in 2020.. People/developers are already having to slash prices this past year... Why? Because the government is taking people who might buy those homes and placing them in the now government owned ones.... Communism/socialism doing what it does best.. Killing productivity and the only real market the people have left..


It's not a wish. It's reality. Welcome to it.

ahhhh now i get it. you LIKE to see america failing and this is why you support this idiot who makes this reality happen.

sou you are NOT american, right?

aha - so 80% of american real estate is owned by nobody ?

do you sometimes read what you write?

BTW. the chinese investements worldwide between 2005 and 2018 are 1870 billion 180 billion of that is invested in real estate

LOOK HERE

You're not getting it Mr Economics.. Let me repeat in a dumbed down fashion.. The people of China have 75% of their money invested in real estate.. Not stocks, not businesses, etc. Real Estate alone.. As an investment.. Understand? Most of their eggs in 1 basket? If that 1 big basket breaks...

And it's not just breaking.. It's going to tsunami. In the past 10 years they've quadrupled their basket size. Balloon is going to pop.. No doubt.. BIGLY