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Jerry Holbert for August 15, 2019

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    cageywayne  4 months ago

    Policy counts. Economic, foreign and domestic.

    Anarchy: a state of disorder due to absence or nonrecognition of authority.

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    Aussie Down Under  4 months ago

    It’s all a case of what goes up must come down. Some people will take the credit for the upside, however have no interest in wearing the downside (it’s always someone else’s fault). A true win-win situation, at least in their limited self absorbed mentality.

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    EdMeiller Premium Member 4 months ago

    ‘But it’s not tariffs or fear of a recession’, it’s the damn Fed. I wonder how many of Trump’s army he will have believing that?

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    WaitingMan  4 months ago

    The economy going in the tank would be far less dangerous than a second term for Trump. Recessions are survivable.

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    Darsan54 Premium Member 4 months ago

    Honestly, the DOW Jones isn’t what should worry you economically. It’s only a helpful number for the media.

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    NeedaChuckle Premium Member 4 months ago

    Portents of things to come. Republicans are ambivalent about the presidential election. If a Democrat wins they can blame the recession on him/her like they did with Obama. That way they can take congress back and obstruct for another 8 years.

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    Zebrastripes  4 months ago

    Some one sneezes and the market topples…sick of it…scaredy cats!

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    Pickled Pete  4 months ago

    Also posted elsewhere:

    He naturally looked outside of himself to pin the blame, and found it in his handpicked Fed Chair, Jerome Powell:

    https://www.vanityfair.com/news/2018/10/donald-trump-blames-fed-for-market-plunging-800-points

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    Dianne Lee Premium Member 4 months ago

    Obama inherited the worst economy we had since the 1930’s. We were on the edge of another great depression. He pulled us out of it, got companies running again, basically saved us, and left the economy on the road to recovery. Trump took over, deeply cut taxes on the rich- with a temporary small cut for the rest of us, and destabilized the economy— due to the fact that if it looks good in the short run, he plans to be hiding in Trump tower when the whole mess crashes, and his supporters are still going to blame Obama anyway.

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    Rad-ish. Premium Member 4 months ago

    In Trump’s market fall, we sinned all.

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    Alberta Oil Premium Member 4 months ago

    trump has bankrupted most everything he has touched.. Now, with his (the trumps) astute business sense a good many Americans will go bankrupt as well.

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    OldCoal  4 months ago

    Once again, we’re going to get the lesson that “policy matters”. We got a beating over that in 2001, but apparently it was a lost lesson.

    Pay attention this time people!

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    brwydave Premium Member 4 months ago

    Rule 1. Never buy on the margin. Rule 2. Ride it out, the loses are only on paper until you sell. The losers sell when they are scared, the winners hold on through the recovery.

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    Ross Shales  4 months ago

    Uhmmm, weren’t the right-wing populists ascribing the Dow to the POtuS?

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    braindead Premium Member 4 months ago

    Obama’s fault, right Holbert? After all, Trump is an economics expert, graduating at the top of his class from Wharton.

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    Zev Bellringer Premium Member 4 months ago

    Anyone with half a brain could see this coming. Of course this leaves out the current administration. And I would lay odds Donnie is going to double down on his policies and ensure a recession.

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    The Wolf In Your Midst  4 months ago

    When you elect a man who managed to bankrupt a casino….

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    tabby  4 months ago

    My financial adviser hasn’t been thrilled ever since Trump came into office. I have no idea whether he’s Republican or Democrat – he just doesn’t like instability!

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    Pat Towey Premium Member 4 months ago

    If the DOW drops 1,000 points in two days the President should be impeached immediately!” Donald J. Trump Nov 6, 2012

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    Concretionist  4 months ago

    I must be losing my clever: Took me three tries to see the “DOW” in “DOWN”. At least ol’ Holbert’s got a point today, even if his artwork is as primitive as I’ve come to expect.

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