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Big dip in the stock market yesterday

Posted: Mar 22, 2017

Hillary and Obama must have done something.

;

Maybe Obama's Yellen's rate hike? You are more - correct than you know.

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!!!

The market is losing confidence in Trump's ability to steal from the little guy - sm

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It looks like Trump is going to fail at repealing Obamacare. If he fails at that, he might not be able to cut the taxes on the rich and deregulate Wall Street and corporations. Many warning signs--the lack of continued upward movement and the big drop yesterday and an expected drop in home sales, as well as global unrest with the NATO, Russian, Korea situations.

Traders are starting to talk about the "Black Swan".

How is Trump responsible for North Korea? I can - link Obama to Iran.

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.

If you read post, that is not what is said. - However

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The market no doubt would be happier with a more mentally stable president in charge of the nuclear button.

Most people are concerned about the unstable leader of Iran - being in charge of nukes.

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We will probably be saying that about North Korea soon.

Unlikely it was the rate hike - Old and burned out

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As the other poster said, the markets are beginning to see that Trump does not know how to govern and may not be able to get his tax cuts and other schemes passed.

Yup - sm

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saw that. Oh you know, Obama tapped into the market, saw it was creeping up and got on the phone to Clinton and said "we better get this dropped" and then like magic. Sad thing is someone actually would believe that.

It was the Russians! - NM

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NM

My goodness, the market reacts to price hikes and potential - government regulations.

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When there is uncertainty is goes down. When there is confidence is goes up.

The market has not been based on current economic reality for years, but pumped due to past QE 1 and 2, ZIRP, and other factors. We have several financial WMDs (including derivatives) out there now, and it seems that Yellen, the Fed, and globalist forces want to burn down the house and crash the economy.

The economy was barely growing with interest rates near 0% and it’s safe to say that the U.S. dollar doesn’t even have a basis in the U.S. economy anymore. Its value is now driven by foreign interests.

Fed rate hikes equal low growth.

You are complaining about the interest rates but - turn around

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and complain about the Feds hiking the rates? Do not understand the inconsistency. By the way see below: GDP growth has not been stellar, but Obama and the Democrats seem to be the only ones who cared about digging out of the Bush crash.

Dec 31, 2016 3.50%
Dec 31, 2015 3.00%
Dec 31, 2014 4.07%
Dec 31, 2013 4.31%
Dec 31, 2012 3.24%
Dec 31, 2011 3.64%
Dec 31, 2010 4.56%
Dec 31, 2009 0.11%
Dec 31, 2008 -0.92%

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