The Stock Market Is Having its Worst Second Quarter Since the Great Depression
 

Haven't we seen this before with our last great Republican president?



U.S. stocks are on track to have their worst April start since 1929, according to data compiled by Bloomberg. The S&P 500 index slumped 2.4 percent as of 1:10 p.m. in New York, a rout exceeded only by its 2.5 percent decline 89 years ago, a prelude to the devastating crash later that year that brought on the Great Depression. (Back then, the index only comprised 90 stocks.)

China’s retaliatory trade tariffs combined with President Donald Trump’s criticism of Amazon.com Inc. to send equities into a tailspin Monday. Shares in the online retailer tumbled, encouraging a sell-off in consumer discretionary and technology stocks. The S&P 500 broke through its 200-day moving average — a key technical support — sending volatility higher.

The stock slide also looks pretty bad when compared to the beginning of other quarters. Equities are on pace to lose more than on any other quarterly first day since October 2011, when stocks plummeted 2.8 percent, Bloomberg data show.


NYSE Having its Worst Second Quarter Since the Depression | Fortune

Trump supporters are too busy attacking underage shooting massacre victims to care about the economy.

Trump supporters like watching Trump attack Amazon, an American company, that is the second largest employer in America

Trump supporters like watching Amazon lose $30 Billion in worth because of Trump's illegal false attacks.

Suddenly it will be Obama's fault...

Thanks CHUMP, you fucking moron

why did Trump stop tweeting about how great the stock market is doing?

he cost me several thousand dollar over the last weeks

Nope, Trumps nothing like previous Republican fuckups, he's doing long term damage that America will never recover from.

To be fair Regan did massive long term damage as did both Bush fucks ups..

Regan put tariffs on Import cars which allowed the big 3 to have unfair market advantage so they built shitty cars all through the 80s and 90s then couldn't compete with the imports and all three almost went bankrupt and one was bought by a foreign company. Lets not forget Reagan is also the one who startrd shipping our manufacturing jobs to China..

He also created federal road tax on gas and diesel which was supposed to pay for our road maintance.. It gets raised all the time but for some reason the roads are still shit.. he also spent us into massive debt..

Bush Sr fucked up Iraq the 1st time and left it in Squalor and spent us to oblivion.

Bush jr started 2 wars, grew the govt by massive amounts, fucked the economy, spent us into oblivion once again and gave us the 2nd great depression...not to mention he started spying programs on American citizens..

Now it's Trump's turn..

Honestly, I don't think we've ever had a Republican president who didn't cause massive problems for this country.. They lead by emotion and nonsensical ideology..

Your aware Team Trump is in the process of rolling back EPA requirements for cars?

United States EPA to cut Obama-era rules for cars and trucks | afr.com

China is already the largest car market.. they buy 23 million cars a year.

American car market is stagnant, if they can maintain current sales they will be fucking lucky! China's is going to TRIPPLE IN THE NEXT 10 Years..

China is demanding pollution free/ reduced cars, ford is already investing more money in China than the USA, as is every other notable car maker, American made cars will quickly be known as stink bombs and not saleable anywhere.

Its actually a classic example of what I said, Team Trump is not only doing damage they are doing long term UNRECOVERABLE damage.


You think kicking Trump out will fix it? nope damage is done, no country is trusting the USA again on trade deals, even if there's another Obama by the time wounds are healed.. Its too late deals are done and in that time frame.. China takes over.

Trumps fucked the USA forever.

^^^ Truth

It's all downhill from here.

#thanksrobbie.

Dude if you are going to be so involved in American politics then learn to spell one of our most famous Presidents names right ok? You look like an idiot when you spell "Reagan" "Regan".

It makes you look like you know nothing of which you speak.
How is your Prime President Truedough doing?

^^^ Spelling Nazi

When all you can do is pick at someone spelling instead of come back with a strong argument to state your case :evil-laug

Happens to the best of us

https://thenewdaily.com.au/news/worl...e-sean-spicer/

I have no argument because I do not give a shit about this or that projection concerning the Stock Market.
But a non-US citizen who posts daily about American politics like an obsession who can't bother to get RONALD REAGAN's name right offends me.

But I am a journalist and published writer so yeah, learn to fucking spell people. God is in the details. You want to be taken seriously? Learn to spell a famous President's fucking name right.

Abrahem Lincoon. That doesn't bother you?

Yes Trump is doing all the things to fuck America in 1 shot.. Pretty much everything he's doing has been in the Republican plan book for years.

However now when it all goes wrong Republicans will go into denial mode claiming it's all Trump's fault.

Oh please tell me which country I'm a citizen of oh great one..

:1orglaugh:thumbsup

Well if it's America and you don't know how to spell Reagan then I'm guessing Alabama. Arkansas?

But it's probably Canada.

O Canada!

When Republicans win it is a great time to short...

LOL the dow is literally like 8% off from the highs...talk about cherry picking data.

:1orglaugh:1orglaugh:1orglaugh

A confirmed liar pointing out cherry picking. lol. You're just like Chump lol

well if you look at the charts trump just lost almost 50% of the gains during his entire presidency and most of those gains were from riding the obama wave...

charts dont lie...pimps dont cry...

On 1.19.2017 the Dow was 19,805 (thanks Obama ), the day Trump took office.

Right now the Dow is 23,786 :evil-laug:evil-laug

Read em and weep princess! :1orglaugh:1orglaugh:1orglaugh

The Dow is having its worst week ever since The Great Depression and OneHungNut sees no problem :evil-laug typical trumpelstiltskin :evil-laug :1orglaugh :evil-laug

Also Fortune isnt some liberal rag.

Hey Fred, crockette, and BladeLiar- you guys are clueless. Hillary lost, Trump is doing great, move on with life.

:pimp

:thumbsup

It's Obama's fault :1orglaugh

You're getting worse than that pussy bladewire..

Like either of you even have money..lmao sucks to be poor.

I'm not poor and why you keep bringing up my pussy in all these threads stud?

No that's not true. The market reacted to Trump when he was elected. The market doesn't wait till inauguration to start digesting Trump's presidency. The dow was 18,332.74 when Trump won. It's now 24,264.30. The dow is still up almost 35% in a little over a year. But thats not to say things could get ugly with China, but it's much needed. China will bend to the US and the markets will recover even higher.

Stick to losing your money on your fart-in-the-jar coins.

Do you realize how ridiculous you sound? Even with your fudged number the dow is still up 20% in a year....jesus fucking christ

Trump Ranks Sixth In Stock Market Performance Behind Obama And Clinton | Forbes


You Trumplestiltskins really are brainwashed into your false reality.

That was back in October of 2017. Based on an annualized return of 20% he is now #1! lolol



https://i.imgur.com/M9gqcTe.gif


And on top of that, Trump is basically cleared by Mueller!!! You guys are having a bad week!

Wrong! And you know it. Sad :disgust

:1orglaugh:1orglaugh:1orglaugh



the problem is domestic...everybody wants to paul markham...there is no cure for paul markhaming...no solution to this...

Still much higher than when he got elected 1,5 year ago.
So Trump did still make you money, or did you buy at the top?
And why did you buy stocks at the top than, while a lot of people say how stupid he is?

I want to buy low, i am waiting for the big sell of.
Facebook is going down hard, could get much much worse.

huh?

Trump doesn't "make" anything - just a big mess.

We think alike you beat me to it! :1orglaugh

Funny how all these years economy was skyrocketing Trump supporters denied it until the DAY Trump still the election.

If everybody knows Trump is stupid and ruin Wallstreet. just buy put-options and make money.
But saying he is a fool, and than invest in the Dow Jones and related stockmarkets... and than complain when it goes down.
why would you do that?

^^ he's right. you guys suck at math.

Stanton struck out 5 times a few nights ago, does that mean he sucks and will have a bad year?

Re"a"gen... isn't one of our most famous Presidents.. He was a traitor who had to let his staff take the fall for him. He was also the 1st president to double our national debt..

He deserves to be forgotten not made into your jesus messiah..

Trump is even worse... and he's only getting started.

Trump is going to run this country into the ground like he did his companies he forced into bankruptcy after taking out millions in loans right before filing for bankruptcy. But hey the hateful racist xenophobic sexist people get to be more openly so for the duration of Trumps presidency and that's all they want at any price and they got it at more of a price than they bargained for :evil-laug

From Seeking Alpha - "The major thrust of economic policy during the Obama Administration was the belief that the monetary policy of the Federal Reserve would pump up the stock market creating a wealth effect that would drive consumer spending which would spur the economy on to more rapid growth.

The Federal Reserve engaged in three rounds of quantitative easing during the Obama reign and this resulted in the stock market hitting new historic highs creating a wealth effect that produced more consumer spending, but the rapid economic growth never materialized."
https://seekingalpha.com/article/404...cy-trumps-time

https://norberthaupt.files.wordpress...bama-trump.png
In other words, QE (printing money we don't have and causing massive debt) was what caused the stock market to go up during Obama.