The economy is going to be ravaged by this. Might be worth going cash no matter how much you are down right now
Its bad enough that trump goes to fox and friends as a source of support, but he has to tweet this then, then retweet his own tweet. Simply shows how desperate he is for validation...
One more bad market day and the DJIA will be back to where it was when Trump started. 19,805 (currently at 21857) His reelection seems kaput. I hate to call it a silver lining.
There's a hilarious irony about the economy under Trump. A great rise which he mostly wasn't responsible for, now a great crash that he mostly isn't responsible for.
Market lost 1/3 of its value over the last month. My poor 401k Been sitting on a lot of cash, need to determine what it is going to bottom out at, so I can buy in.
btw, the market is currently down further, the Dow is -2005 points. Trading halts after Dow plummets 1,696 points as Trump's coronavirus response fails to calm investor nerves https://markets.businessinsider.com...oronavirus-trump-travel-ban-2020-3-1028990017
"Reelection"? I don't want to go all Bill Maher on this, but one of the first things I suspected last night after the speech was, I wonder if Trump will use this to suspend the election, claiming a national emergency (for which he proved himself extremely ill suited, big surprise)?
"When it's cold outside I've got the month of May....... Through which we cannot travel for business reasons at the Fortune 100 company where I work Uh, Gotta be busier than a one armed paper hanger to look like I do not shirk And don't get downsized along with dozens of other jerks....."
If he were less of a toxic narcissist and more calculating I'd be more worried about it, but his insistence on denial and pretending everything is fine has kept him from doing this, and it's very hard to get him to change his beliefs. Yeah, we have to hope for that right now. Susan Collins, take a bow.
