News item: Dow plunges 2,314.65 today, the largest one day percentage drop since 1987.
Pres. Trump:
"The markets are going to be just fine, just
fine."
Reporter: "Why do you say
that?"
Trump heads inside. https://t.co/gYzXmYF0aF
pic.twitter.com/yYJ9k46Yoi
—
Evan McMurry (@evanmcmurry) March
12, 2020
Live shot of
Donald Trump right now...#marketcrash
pic.twitter.com/cVZElrk7SE
—
Paul Lidicul (@PaulLidicul) March
9, 2020
The stock market has fired back up so far this morning after the Fed dumped a trillion dollars into the economy. Dancing on graves, I suppose. Because I have no inkling about how this all works, I'll just scratch my head and hope for the best.
ReplyDeletedonnah -- that may result in a temporary sugar high (the market is already slowly dropping from the morning's recovery). The hope is that the most vulnerable people in our economy are targeted by the bills being developed by the Dems and that they manage to get it enacted while the crisis is most acute and the need is greatest.
ReplyDelete