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The dow is down over 360 points and falling.
This is just so predictable: it’s the shutdown. If no one’s getting paid, of course the market responds by crashing. |
Haha, no that’s a Tuesday. That’s what 0.2%? It’s probably a little profit taking. |
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The Dow is up like 1000 in a week.
No one cares about the shutdown. -Fed |
| Sigh. You're so stupid, OP. Wall Street couldn't care less about federal shutdowns. It couldn't care less about the suffering of the average person either. It is responding to market pressures from large corporations that have nothing to do with the lives of millions. |
| LOL… what should we do now, OP?? |
No one cares. Indeed that is why the dems are making a mistake here. They think that there will be outrage when in fact no one cares. |
Wrong BS Absurd Moronic answer |
BS absolutely absurd. No Dems are not the ones holding the Shutdown moron Republicans have the votes they can open the government anytime This is all to distract from Esptein and then privatize everything so Trump's sycophants can charge us ridiculously high pricing on everything how do you not understand what is going on! Epstein files!!!!!!!!!! Privatization !!! Neither are hard concepts you dam traitor. |
Conflating several things here. Dems aren't outraged over the stock market. But everyone knows that the longer the shutdown does on, the more people will realize that the party holding the country hostage is the party in power. Dems only have to wait. The stock market is its own beast. |
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One thing that does happen is that the furloughed workers no longer contribute to their TSP accounts because they are not getting paid. The government match is also not getting invested. I'm not sure how much this affects the stock market, but a little bit I'm sure. The other thing is that people could be taking money out of their TSP accounts if the furlough goes on for long. They could take loans and that would take money out of the stock market. But again, I'm not sure how much that is or how it would affect the market. |
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^ People can take a general loan from their TSP account. |
360 points is NOTHING when the market is this high. Now in 1920s, that many points would be a big deal.
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| 360 points? Lol |
+1000000 Market will hold steady - fluctuations but the bubble of those doing well is significant enough no market prob into next yr. See how things are later next yr but my feeling is the market won't tank unless something significant disrupts - gold will continue to rise though too though! |
| This post didn't age so well; the Dow is up 151 points today. |