The media laid in wait. The stock market has been taking a dive on the purposeful media driven coronavirus panic. They needed Trump’s “Katrina”, but this crisis didn’t seem to be sticking. People largely understood that this wasn’t Trump’s fault. He wasn’t commanding people to sell off their stocks in fear that the sky was falling down.
But Trump gave an address to the world last night, detailing America’s response to this dempanic. And trading has opened this morning much like it has for the past 20 days, in a tumble. But suddenly, this day is much more important than the previous 19. Trump made a speech. The leftwing media say it was ineffectual – therefore, the entire plunge is Trump’s fault.
Elect Biden.
- It took just 20 trading days for the Dow Jones Industrial Average to enter bear market territory on Wednesday, easily making it the fastest such slide in the US stock market’s history.
- Past 20% declines from the index’s peak took 255 sessions on average, Michael Batnick, director of research at Ritholtz Wealth Management, wrote in a Monday blog post.
- The median length for all bearish drawdowns since 1915 is 156 days.
- The S&P 500 narrowly avoided closing in bear territory on Wednesday but is poised to join its peer index in Thursday’s session.
- Watch the Dow Jones Industrial Average update live here.
Saw this comment at Legal Insurrection —–
‘ faboutlaws | March 9, 2020 at 10:56 pm
Want to stop this crap? Just have Trump announce that elections have to be postponed for at leasst a couple of years because of the virus. Then watch how nothingburger the disease becomes. ‘
Its one thing to criticize the president. Its another to incite widespread panic, bomb the stock market and destroy trillions in wealth and savings. Our media is rotten to the core and never is held to account for their bs
I prayed that the Coronavirus would wreak havoc through the newsrooms of the evil MSM. Hey. Those plagues in Egypt worked well for our side. 🌞
Stock market always reacts like a teenaged girl waiting for pregnancy test results. Always.
“The media laid in wait. ”
And the media will be buried. While they’re trashing Trump, dem governors are practically kissing Trump’s ass right now. Newsom of CA said Trump handled everything the way he promised he would, and he gave CA everything we asked for.
NEWSOM said that.
Doctors have come forward and explained how the regular flu is worse and has killed more people than the KungFlu. And those people have predisposed lung problems or very old.
Everyone I talked to is sick of the media hyping shit up and they’re tuning out. The media is going to destroy itself along the the Democrat party. The longer Bern and Biden sit out, the less interested voters become. And the Dem voters haven’t exactly been showing up in big numbers, either.
Watched Squawk Box this morning as Joe Kernan was ‘interviewing’ Sebelius, who is still in D.C. She said she disliked the hit at Europe travel and hoped other countries wouldn’t ban people from traveling to the U.S. There’s always Sebelius’ sneeze instructional video to UpChuckTodd, 2009.
http://www.nbcwashington.com/news/politics/top-health-official-scolds-sneezing-chuck-todd/1857031/
Bing news page:
CNBC “Stocks plummet again after Trump fails to quell virus fears ”
What a bunch of fake-news assholes.
Yeah, because Trump is telling Iranians to lick doorknobs and the Chinese to eat weird shit. lol.
They only need to look at the map and see who is causing the problem. Socialists and islam.
Dirty and filthy. From their souls to their politics.
Just checked. Trump’s poll numbers are still higher (47%) than 0bama’s during the same time in his presidency.
“The media is going to destroy itself along the the Democrat party.”
Your fingers to God’s ear.
What’s intuitively obvious to some, isn’t to most.
The Coronavirus is (mathematically, so far) less dangerous than flu, drunk drivers, catalepsy, golf clubs, brain fever, abject stupidity, and ragheads.
There, simply put, is NO crisis.
Better safe than sorry, but what a bunch of fuckin lemmings!
The country needs to get a grip, wipe its nose, pull up its pants, and quit running around in circles with its hands over its head screaming like a bitch.
50 dead is … what … 0.0000152% of the population?
30,000 people (worldwide) die every day.
Not so good if you’re one of the dead, but pretty good probabilities if you’re not.
izlamo delenda est …
I have a family member who is what I call a recovering liberal, but what he hasn’t recovered from is believing everything the left wing media, deep state and democrats say about this dumbass virus. Driving me freaking insane.
…someone said it before, and it’s true.
Hillary Clinton has killed more people than the Coronavirus.
It’s <5k dead in a world population of 7 billion!!!!!!!!
No crowds, no audience means they can prop the dumbass Joe up and feed him lines like a chatty Cathy doll, probably even edit the results….
I’d be interested to know what Dems liquidated stocks prior
It ain’t PDJT they’re gunning for. It’s us.
Listen people, I am of Italian Descent.
If it is one thing I have learned from my relatives it is this:
The Modern Italy is full of over dramatic, lazy, fashonistas that that have proven themselves to be the most unorganized delicate flowers in all of Europe.
Whatever they are doing in Italy, be sure that that is exactly what you should not do!
Now if you will all excuse me, I must go find my “man purse” and style my “man Bun” and wait for my grandmothers pension cheque!