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Originally Posted by Cannon Shell
1. But it IS complicated and it IS political.
2. The stock market continues to plunge BECAUSE of the policies and decisions made by the new administration and his team.
3. That is the class warfare that the Democrats wish to use to get votes.
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1. yep
2. I have a huge problem with the financial news networks "finding" reasons why the stockmarket has an up or a down day. No one ever seems to question the rather dubious claims made and very often taken as gospel. "The stock market plunged on news that..." bull you dont know this.
The stock market has been extraordinarily shaky for a while now and is in a downward spiral and it seems that the most likely reason is uncertainty. People dont know if the "cure" will work or not, or even if there is a cure...
I heard some people say the only cure is 2 years of pain. This is as good as any I have ever heard.
The stock market looks backwards (monthly/weekly etc... reports that come in 1 month after the fact) and forwards. It seems to me it is much more complicated than "the stock market reacted to Iran's bellicose statements towards Israel"
3. The thing I hate most about the Democratic party.
Its way too easy and dangerous- setting people against each other.