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Thread: Markets fall for the second day after the election.

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    wazi99's Avatar Senior Member
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    Markets fall for the second day after the election.

    According to preliminary calculations, the Dow Jones Industrial Average fell 121 points, or 0.93%, to 12812, the S&P 500 dipped 17 points, or 1.2%, to 1378 and the Nasdaq Composite slumped 41.7 points, or 1.4%, to 2896.

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    Cigar's Avatar Senior Member
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    If I were you, I'd take all my money out of the Market.

    Think of all the money you've lost since March 2009.
    "And in their defense, there are two reasons why coming up with an alternative has proven to be difficult," Obama said. "First, it's because the Affordable Care Act pretty much was their plan before I adopted it!"

    ~ Barack Hussein Obama - The 44th President of The United States

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    Conley (11-08-2012)

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    Quote Originally Posted by Cigar View Post
    If I were you, I'd take all my money out of the Market.

    Think of all the money you've lost since March 2009.
    Business count on raising money from the stock market to build and hire people. That is why they go public is to raise funds. If this continues for just 3 more days we could be looking at a major reduction in capital that can be used to grow mid size business.

    Mid and small businesses are responsible for 70% of jobs. If people are unwilling to invest in them do to higher taxes or uncertainty than it will be much harder to grow the work force in the US.

    You can say punish the successful people but I never got a job from a poor person...

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    coolwalker (11-08-2012)

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    You will reap what you sow...seems I heard that somewhere.



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    Beevee's Avatar Senior Member
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    Quote Originally Posted by wazi99 View Post
    According to preliminary calculations, the Dow Jones Industrial Average fell 121 points, or 0.93%, to 12812, the S&P 500 dipped 17 points, or 1.2%, to 1378 and the Nasdaq Composite slumped 41.7 points, or 1.4%, to 2896.
    Perhaps the third paragraph under 'Today's markets' has something to do with it.

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    GrassrootsConservative's Avatar Senior Member
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    Quote Originally Posted by Beevee View Post
    Perhaps the third paragraph under 'Today's markets' has something to do with it.
    Something, yes. If you believe Barack Hussein Obama actually does anything for America as a nation, you're an imbecile. You and almost have the country.

    The best thing he has done for us is to not keep any of the insanely Communist promises he made in his first campaign.
    Government cares about people like fishhooks care about fish.

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    Quote Originally Posted by GrassrootsConservative View Post
    Something, yes. If you believe Barack Hussein Obama actually does anything for America as a nation, you're an imbecile. You and almost have the country.

    The best thing he has done for us is to not keep any of the insanely Communist promises he made in his first campaign.
    I care not what he has or hasn't done for the US. My view is that he is keeping out of western foreign affairs far more than his predecessor which is a plus for the rest of us.

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    Quote Originally Posted by Beevee View Post
    I care not what he has or hasn't done for the US. My view is that he is keeping out of western foreign affairs far more than his predecessor which is a plus for the rest of us.
    What happens in the world affects us. We are intertwined and can never break apart from what happens in the world. Our economy is built on selling goods around the world. Our market is not big enough to support the people in it with out exporting. Even back when this country was founded we exported goods like cotton.

    Please explain to me how turning a blind eye to the rest of the world helps us?

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    Please do - take your money out of the markets.

    More for the rest of us.


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    Also, just to show how silly this whole "the sky is falling" $#@! is, if conservative bedshitters were smart, and they clearly are not, they would be investing in the stock market by selling short.

    Again, which I wouldn't mind seeing. A transfer of wealth from idiocy to sanity.


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