HAPPENING DOW DOWN OVER 500 POINTS

I’m a complete fucking brainlet when it comes to economics. Can someone please explain to me how this shit works in the most basic way possible

2008 crisis times a thousand incoming

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Total crash incoming on christmas eve, mark my words

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Well it looks like my digitz confirm it

Oh boy

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checked and rekt

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DIGITS CONFIRM HAPPENING

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Doesn't this usually bounce right back up the next day?

Jews are crashing this economy for the Syria withdrawal with no survivors. It's over.

lel based

no one but richfags even have money there probably. ha ha!

NOT SINCE DEC 3RD

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All markets are run by complex computer programs that the FED in America is in charge of. The FED printed a lot of money in 2008 to bail out corporations/ banks. Inflation was paused because it was hidden in the stock market. The only people buying large amounts of stocks were the companies themselves and the FED. Since no other country wants to hold US Dollars now because of 2008 there are no countries to sell our debt to [US Treasury Bonds]. Prices of milk, gas, and others will go up. This won't happen obviously tomorrow but you'll notice that a 20USD can barely buy a meal at McDonalds.

No, it's over leaf

Ummm

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america killing it self, HAHAHAHHAHA

SHORT SHORT SHORT

DAX hasn't had the most beautiful preformance either

There goes a lot of boomers retirement funds. Hopefully it keeps dropping.

THREADLY REMINDER DOW PRODUCED DEATH CROSS YESTERDAY, SAME DAY THE FED RAISED RATES. THEY ARE CRASHING THE GLOBAL ECONOMY WITH NO SURVIVORS. BUY FREEZE DRIED FOOD AND GOLD AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

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AAAAAAAHHHHHHHHHH

TRUMP DO SOMETHING

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>-658

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AAAAAAAAHHHHHHHH

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>3 indexes, DOW, S&P, Nasdaq
>Nasdaq is for tech stocks mostly
>S&P 500 is most important, it is Dow + Nasdaq
>companies use something that was illegal 30 years ago, called stock buybacks
>all of the money gained by tax breaks and profits in general they use to buy back their own stocks instead of reinvesting in new tech or expanding production as they always say they would do
>with this the upper management and ceo's artificially pump the price up so they can get bigger bonuses by the end of the year or to ensure their own stocks in the company they work in are worth more, ensuring their own increased wealth

Over 80% of stock market gains in the last 11 years was thanks to stock buybacks.

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only -570 now

PHEW crisis cancelled

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I predicted this last year

>all the tech stocks were literally in exponential growth curves were are always almost 100% unsustainable
>all trading at record highs relative to their actual earnings
>in other words, retarded millineals keep going "NEW PARADIGM" and everyone buys fucking amazon and facebook stock
>of course has a huge correction

I like how Trump will be blamed for this when it wasn't his fault

Classic fake news, its actually down over 600. Drumpf crashing the economy to own the libs faggots!

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>I like how Trump will be blamed for this when it wasn't his fault
If he is so ready to claim he caused the stock market to go up then he has to accept the blame if it goes down too lmao

who this is Doug Jones ?

Well he should have never taken responsibility for it

>Dow down over 500 points
so just another day in the Trumpanzee regime?

Thank you based econ bitch

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Is it cheap enough for regular folks to get in on? Otherwise this is just news about rich people losing pretend money.

Mother of God...

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>end of year
>there is no way in hell people would take profits home

smells like Jow Forums in here

interesting. what does the 5 year tab look like?

God, please let our economy crash and burn. I just want good wage jobs to be abundant. I want to secure a future for my mixed race family.

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Sidenote the dollar is going down too rn

Best invest in a sure thing.
Planning long term is the key to success.

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OH WAH-A-A-A

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The DOW Jones industrial average is a stock index. It is a reference to industrial companies across the stock market. The NASDAQ is an index that is primarily tech stocks. The S&P 500 is the largest 500 public traded companies.

Stocks are not the economy although they are a very powerful part of it.

Basically what is happening is the collapse of the American economy. After the housing market crash in 07-08 the federal reserve (research on your own time) decided to lower the "federal funds rate" to basically 0% for basically the entirety of the Obama presidency. What this means is the federal reserve gave basically 0% interest loans to large banks. These banks could then give loans to corporate and financial entities, along with personal loans, at very low interest. The idea is that if financial entities, corporations and individuals can get low interest loans then the economy will be stimulated.

What has happened is there has been many many many loans given out during this 7 year period. This in turn means there is a fucking shit-ton of debt at every level of our economy.

Now the federal reserve is rapidly raising interest rates and many of these loans now have a much greater monthly obligation. This in turn is beginning to put a lot more pressure on all debtors, which is everyone and everything, and this is creating economic problems. The raising of the federal funds rate also limits the ability for people to take out loans which compounds the problem.

If we keep rates low for too long, as we have done, then we begin to inflate our currency. Our currency is the world reserve currency. If our currency goes to shit then the entire world economy goes to shit.

What we are witnessing is the downfall of our system and the global economy.

Pretty cool, huh?

Things went to shit after 2008. What makes you think this time will be different?

thank you based crashi-chan

usually. but things change

TRUMPPPPPPPPPPPPPPPPPP WTF

Biz is probably just talking about Crypto Ponzi scheme coins

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Who cares it's all a scam anyways.

-434.25

BOOOOOOO!!

Please be real

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Thank You Bobo, very cool!

literally true, there is more stock market news on pol by far

>good wage jobs
In your place I would rather ensure that I am fit enough so I could elbow my way through the 5 miles long soup kitchen lines that are coming.

People aren't buying as much shit as expected for Christmas?

Cash for Clunkers 2 when

its the fed rate hike and promise of more rate hikes.

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confirmed

Me and a friend both have mutual funds, he panicked and pulled out all his money and I'm putting more in and buying cheaper units, am I a retard?

FUCKING BLUMPFFFFFFFF

I'm on /fit, been lifting and running for three years. Leave the malnurished hordes to me.

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vix @ 30. i'm thinking we hit 22.5-22.6k by closing bell.

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thank you, based crashi-chan

Remember when everyone is panicking is when you should be buying

VIX is crypto tier BS.

Oh boy time to get comfy

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I've been buying like a shopping addicted roastie.
Picked up comfy but hype affected companies.

Last three days, I've invested 50k.
Amzn: Amazon sold out of their hottest xmas toys earliter this month.
MO (cigaretes): this is a marijuana play, also they picked up some JUUL stakes.
ADM: muh farmers

Due to the oil deluge from the 6 exemptions to the Iran oil embargo, I've picked up some big oil, and some frackers.

If you don't think this is a buying opportunity, then In my opinion, you are missing out.

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No one is panicking yet

Fuck this is not a happening.

somebody is running it back up really fast toward 23k

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no I'm getting my degre... not now please.

>has seen nothing yet

Dead cat.... support probably at 22,000

Nothing personal kiddo

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62 years in that dump of a city and dump of an apartment. WTF.

every day is quite significant, but i suppose you guys dont think its as scary as limiting immigration or free speech

What does this mean for the housing market? are we going to see boomers sell their houses for dirt cheap ?

Bull trap

"i know what i got". cant reason with a boomer, can only wait for sweet sweet death

ONE NOTHING WRONG WITH ME

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its a trap

I mean shutdown is imminent so sure, speculators got the heeby jeebies right now

They drive school buses until they are 80

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you don't want to blow your whole wad too quick.
steady in, steady out.
we could definitely be going lower

Market correction

Counter roll, the economy needs to last long enough for Trumps re election.

IT'S NOT FAIR! First I got justed by crypto and now in stock market. AAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHH

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Let it all burn.

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