Last week the Dow lost 1,655 points, or 6.8 percent. That was the Dow’s worst week of trading since October 2008 during the financial crisis. The S&P 500 also lost 7 percent for the week and is now down 17.8 percent from its record reached earlier in the year. Wall Street traditionally considers a drop of 20 percent or more from recent highs to be a bear market.. The Nasdaq Composite is now 22 percent below its record reached in August and is in a bear market.
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December is typically a buoyant month for stocks. Yet both the Dow and S&P 500 are down more than 12 percent this month — on track for their worst December performances since the Great Depression in 1931.
Continue reading: Dow drops 150 points, S&P 500 on the cusp of a bear market
Yep. The wheels are BOUNCING off the Trump bus! Just wait. It’s gonna get much worse in the stock market.
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The Dow is now down about 500 points just before closing time.
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Yeah, well, SO WHAT!!! It’s ALL Obama and Pelosi’s fault! Just use some steel slats, and the bleeding will stop! Damn Dems! They’re to blame for EVERYTHING!! 🙂
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I’m afraid you are right and it’s too late now to move money out without a loss.
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Reblogged this on sdbast.
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