No tweets from President Putin's Hand Puppet?
He loves to take credit when it goes up?
Largest single day loss in history?
First 1,000 point drop ever?
You would think the Human Cheeto would be all over this one.
Funny how it also correlates to more people working and earning higher wages causing concern about inflation. As well, the money isn't disappearing, it's simply being plowed into other securities and investments like T-bills, bonds, etc.
Maybe you should actually try reading articles and learn how the markets operate instead of making asinine comments based on the thread title or the selective quoting done by our resident propagandist.
In a nutshell, the stock market plunged
after a better than expected jobs report sent interest rates higher. To put it bluntly and right from the article the flosstard quoted, it wasn't just gains in employment, there was also a gain in overall wages.
You anti-Trumptards f*cking kill me. The Trudeau govt announces big economic gains and higher employment levels. Add that to the increase in minimum wage across most provinces and oh my god, you'd think Trudeau pulled a miracle out of his ass.
But when there's big economic gains in the US with higher employment levels and higher wages Trump gets blamed for the markets reacting to it.
The markets have dropped by more than 500 points 17 times in the last 25 years, not including Friday's decline. And guess what happened every time. Using Kensho, a hedge fund analytics tool, the findings show benchmark market indexes tend to rebound the next day and the next week following such big drops.
The fact that this thread is laughingly titled "US stock market OFFICIALLY crashes" is just more proof that Donald Trump is OFFICIALLY living rent-free in that big empty cavernous space twixt the flosstards ears.