Dow plunges 800 points amid recession fears

Dow plunges 800 points amid recession fears


WITH PERSPECTIVE FOR US. DIERDRE: 800 POINTS DOWN, WE CLOSED AS YOU JUST SAID, AT SESSION LOWS. A WIPE-OUT DAY. NO OTHER WAY TO SAY IT. IF YOU LOOK AT THE DOW JONES INDUSTRIAL AVERAGE. THE FINANCIALS FELL HARD, GOLDMAN SACHS, JPMORGAN ACTION. WE HAVE BEEN TALKING ABOUT THE INVERTED YIELD CURVE. IT’S SHOWING BRASS TACKS TAKE AWAY. INVESTORS ARE MORE OPTIMISTIC ON THE NEAR TERM THAN THE LONG TERM. THAT DROVE A LOT OF THE SELLING AND ACTIVITY WE SAW IN THE BOND MARKET INCLUDING BUYING SO MUCH INTO THE 30 YEARS THAT WE SAW THE YIELDS AT NEVER BEFORE. IT SHOWED UP IN FINANCIALS, AS WE JUST COVERED ON THE DOW. IF YOU TAKE A LOOK AT THE OTHER SECTORS, MACY’S AS WELL. YOU HAVE BEEN COVERING THIS FROM AN EARNINGS ANGLE. THIS YEAR WILL BE A DISAPPOINTMENT TO INVESTORS. I HEARD MELISSA SAY SHE IS ON PACE. IF YOU LOOK AT SOME OF THE OTHER SECTORS WE HAVE BEEN FOLLOWING. TECH HAS HELD UP THIS MARKET FOR TWO YEARS. YOU HAD OIL DOWN MORE THAN 3%. THAT DATA COMING FROM CHINA AND THE EUROZONE MAKING INVESTORS QUESTION HOW STABLE ASIA AND

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100 thoughts on “Dow plunges 800 points amid recession fears”

  • Soros, Rothchilds and the disgusting elites at it again…STOP TRUSTING BANKS WITH YOUR MONEY, THEY CONSTANTLY PROVE THEY CANNOT BE TRUSTED WITH YOUR MONEY.

  • GEOVANNE RAMOS says:

    Hey Trumptards in the beginning you were enjoying Obama’s successful Presidency! This is now the guy gone bankrupt 6 times doing !
    enjoy 😉🍄

  • A lot of this is caused by algorithms which sell whenever market drops a bit.
    The rest is caused by morons playing with investments based on silly news.

  • Wow it took less than three years under trump to collapse: economic, trade and foreign relations. I wonder what the conman will have to say abut this. AND THEN HIS STUPID SUPPORTERS WILL BUY IT!

  • robert forsythe says:

    Don the Con is doing a great job. Great job , we do not need to trade with China 🇨🇳. Don’t worry 😉 Trump is going to make the USA 🇺🇸 great again.

  • who cares dont let anyone else control your money. when you loose money it doesn't just disappear into thin air it goes into someones pocket all carefully orchestrated by the crimminaly greedy

  • PointingOutObvious says:

    Moves those jobs back to America and other countries. The hell with China. The USA created what is today China's economy and the USA can undo China's economy. That's what China gets for trying to take over Asia.

  • James Doermann says:

    The economy is great but these people are simply trying to crash the economy so Donald Trump won’t get reelected. We don’t believe the market value was really correct

  • 1million subs without any video challenge says:

    If you want to know if a recession is coming don't look at interest don't even listen to the fed monitor bank credit creation for consumption (cpi index) and bank credit creation for productive purposes

  • Atte Iván Alejandro Cortés Aceves
    La posición geográfica de México pieza clave para la Victoria Rusa y China. … . . .. . . . . . .. . . … . .. . .. .
    Atte Iván Alejandro Cortés Aceves

  • When you vote for someone who's companies have declared bankruptcy multiple times… you think you'd get the hint…. 'Merica…

  • I'm going to say they didn't have enough information who said they had good informationdid y'all take any grammar or anything or have speak English questionable

  • Kevin O’Brien says:

    Another one bites the dust, and another one, and another one… You still got it Baby…Trump – you can trash a country/business with the best.

  • The longer chump remains in office the worser things are going to get….he's not a leader…..negotiator nor businessman….he's a wannabe and will be booted from the WH willingly or by vote….either way….it's over y'all…..go get your guns & Bibles👋👋👋😂😂😂😂😂🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

  • The Revolting Pleb says:

    Next they'll say he "meant to do that." Just the way they pumped him up over his epic business losses in the 90s. Trump is a fraud.

  • And you keep hosting people that lie and say there is no recession . We are already feeling the recession everywhere you go business are slow. Tell people the truth you screwed up and few rich are stealing the money.

  • No reason for panic. More than 300.000 new jobs were added in july. And you will see a new economic upswing when the new trade agreement between US, Mexico and Canada gets into force and again when a free trade agreement between the US and the UK is in place. And the US can develop its Asian markets further in spite of the ongoing conflict between Japan and South Korea.

    Also, internally in the US, there are a lot of possibilities to make the economy bloom even further. Once you start to bring down crime in inner cities and increase investments in renewal of schools, libraries, sport and cultural facilities, housing, infrastructure there will be a huge number of new job opportunities which will make the economical boom spread even further into all parts of US society.

    The Dems have had all the chances in the world to make the big cities work, but they have failed. If they try to obstruct Trump further, they will loose the black and the latino votes even more than already expected. Black people will not be the hostages and slaves of the white Democratic elite anymore.

    The Dow will go up again during the next years unless politicians succeed in sabotaging the economy for their personal gains. There is no need to talk about any recession. The good thing is, at the plans by Bernie & Co. to steal the money and use them on benefits for illegal migrants and criminals just went out the window.

  • Wall street is working with chinese government to bring down stock market to force trump to quit. Trump must catch those traitors.

  • Here are some rules of thumb for recession. Recession usually occurs when businesses cease to expand, the GDP diminishes for two consecutive quarters, the rate of unemployment rises, and housing prices decline. Now, GDP of the second quarter of 2019 declined a little bit, but the businesses are thriving, the unemployment rate is still quite low and the housing prices are still higher than a year ago. There's no reason to be panic when the US economy is doing well.

  • Thanks to Benedict Donald wrecking Obama's economy with his bogus trade war. Now he's begging China on Twitter to meet with him…what a farce.

  • What do you people expect? You raise everything so high, No one else can live but you🙃😤😔. Make the world a better place for all, not just the rich! I hope it keep dropping, you all need a good wake up call😔😝🙃. Poor people are the ones who make the world go round, keep pushing us out with all your antics and watch😂🤣…there is a GOD! He put us ALL here to live together😉!

  • This is what you get when you confuse a the businessman character Trump played on the apprentice, for an actual serious businessman.

    The Trump Organization is not a great business Its a collection of golf courses and hotels. Trump wasn exactly running Amazon, Google or JP Morgan, he was running the family business he inherited form his father.

  • wait wait wait!!! i thought trump said the economy was the best its ever been…. what happened why might there be a recession with the best economy? hahaha trump is a joke we all know he lied about the economy this trade war is no go for anyone…. why is it clinton left with a national surplus and a booming economy, bush left his presidency in a recession, obama left pretty much recovered from bushes economy… and now trump might have a recession? why cant republicans ever improve the economy, does this mean tax cuts for the rich are not good for the economy… if only someone woulda known this wait every democrat said this would happen….

  • THIS IS JUST UNITED STATES BANKING INVESTMENT IN CHINA BEING WATER DOWN BY THE CHINESE FALSELY INFLATING THE WORTH OF THE YUAN.

  • Republican presidents and their recessions.
    I’m waiting for all the climate change deniers to start denying the oncoming recession.

  • Dow sets record high: Trump brags
    Dow sets record one day drop: Trump says nothing (wait, I thought he "tells it like it is"?)

  • " WE WILL WIN SO MUCH YOU WILL GET SICK AND TIRED OF WINNING"
    OXYMORON NO normal human talks like that king of Tarrif wars All the morons voted him and thought he will make them rich perhaps didn't learn about his bankruptcy and failed businesses. BIGLY

  • A white average man and a billionaire walk into a bar they see this news average middle class goes IDGAF getrrrrrrrr done, Billionaire calls Trump on speed dial Dudeee Where is my Money???? Trump…… Got emmmmm 😆

  • Market manipulating Fascist Republicans stealing retirees money… gotta make them Corporate buybacks cheaper for the Fascists in Chief

  • Recession fears? What recession? I'm sure it's all Trump's fault. This isn't the first time the Dow plunged recently. It goes up and down but always comes back.

  • Trump will say "its great we're the best" as hes boarding another helicopter to go golfing. Republicans are cocksucking stooges like hank hill does to strickland

  • The US as we know it is over. Hope Trumps semen tasted good cuz thats all ur gonna be left with when all is said and done.

  • China is our competetior, so Trump placed tariffs on their products. Couldn't we just give the mexican immigrants that want to come to the USA those jobs that the Chinese have been doing for cheap? I mean China isn't the only one who can do cheap labor.

  • what's happening in hong Kong will be here within 2 yrs or sooner if America wakes up to what the Fed has been doing to us and all the bankers the last 40 or so years

  • i read this coment ( THE AVERAGE DOW JONES IS STILL UP OVER 7000 POINTS SINCE TRUMP TOOK OFFICE EVEN WITH THESE RECENT LOSSES) wich is istill very outstanding….and extraordinary ,,,,,,,,,this is correct and the only informed coment i read here

  • Michelle McGuire says:

    USA has a poTUs that gave billions in tax cuts to the super wealthy …. And he is Republikkkan ….recession is the middle name of all Republican residents …. didn't we ALL expect this ?….I did

  • Just a month ago the trumpets were ecstatic over Trump's strong economy, now that his whacky china trade policy has tanked the economy, they pretend Trump isn't burning down the house.

  • Joseph Janaman says:

    Keep falling, I want it to CRASH! Thanks TRUMP. Oh wait, you STILL ARE NOT MAN ENOUGH, to take responsibilty for this. Its the blame game!!!!!!!!!! LOL Of course even YOU are saying its all lies and everything doing great! 🙂 Loving every Moment of this!

  • I thought businesses would expand because of the tax breaks? According to Fox business was booming and creating jobs. What did they do with all the money we gave them?

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