General Discussion

bucolic_frolic

(52,985 posts)

3. Dropped like a stone about 11:30am

Fri Oct 10, 2025, 05:11 PM

Oct 10

I said what's going on .... Trump announces new tariffs on China.

Tech and AI got smashed. Of course once this plays out he'll TACO and up we go. Play the cycles.

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RandomNumbers Blasphemer

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Stock market CRASHED today. [View all] AZ8theist Oct 10 OP

Trump was so butthurt about losing his precious prize C_U_L8R Oct 10 #1

Down 870 at closing. multigraincracker Oct 10 #2

Dropped like a stone about 11:30am bucolic_frolic Oct 10 #3

Huh! I thought it crashed because he didn't "win" the Nobel Peace Prize. patphil Oct 10 #4

DOW is still Greg_In_SF Oct 10 #5

The market is bullshit. This will end like 29...although Trump and his billionaire friends will Demsrule86 Oct 10 #7

No it won't Greg_In_SF Oct 10 #9

Like 00 and 08 5 too many alarms ringing uponit7771 Oct 12 #26

They were saying that in 1987 and 2000. It happened. . . . nt Bernardo de La Paz Oct 12 #32

While the market has some major issues, it's not going to crash like 1929 EdmondDantes_ Oct 10 #11

Nope, more like 08, has 5 too many alarms ringing uponit7771 Oct 12 #27

But the 2007 crash was nothing like the 1929 crash that spiraled into the Great Depression and WWIi EdmondDantes_ Oct 12 #37

True, MAGA will bail out their rich buddies and screw everyone else who can't afford to lose 5 years of equity value ... uponit7771 Oct 12 #43

To put that in perspective, since Trump took office, the DJIA is up just half (%-wise) compared to Biden's final year. W_HAMILTON Oct 10 #13

2024 was a hell of a year for the market WarGamer Oct 10 #16

And 2023 was even better. W_HAMILTON Oct 11 #20

2021 was way better... WarGamer Oct 12 #23

The Dow is not the market. You can do better. . . . nt Bernardo de La Paz Oct 12 #33

Ahh, wouldn't it be nice to return to the good 'ole Biden days? W_HAMILTON Oct 12 #38

Not the very first vax surge... got my two in May/June, IIRC WarGamer Oct 12 #48

DJIA is not the market. . . . nt Bernardo de La Paz Oct 12 #34

That's not a good thing seeing how far it fell uponit7771 Oct 12 #25

You are cherry picking edhopper Oct 12 #28

This message was self-deleted by its author BannonsLiver Oct 12 #39

Dow is not the market. It is basically arithmetic BS. . . . nt Bernardo de La Paz Oct 12 #31

Equity markets fluctuate...always have, always will. anciano Oct 10 #6

1.8% isn't a crash Fiendish Thingy Oct 10 #8

Sorry, "crash" was hyperbole. AZ8theist Oct 11 #21

Well, hopefully it was an equally small percentage Fiendish Thingy Oct 11 #22

If you are a billionaire with lots of cash doc03 Oct 10 #10

It did not CRASH, Disaffected Oct 10 #12

This message was self-deleted by its author W_HAMILTON Oct 10 #14

To anyone that has ever complained about Democrats being bad at messaging... W_HAMILTON Oct 10 #15

I don't see anyone defending Trump EdmondDantes_ Oct 12 #41

I basicly agree with your post but add that 2.7 pct is dramatic (though not a crash). And tRump's tantrum sparked it. Bernardo de La Paz Oct 12 #45

He will now say something over the weekend to pump it back up and place his buy orders. GoodRaisin Oct 10 #17

The market Greg_In_SF Oct 10 #18

Tuesday then. GoodRaisin Oct 10 #19

Stock market is open Monday. Bond markets are closed. n/t LuckyCharms Oct 12 #24

Shows how much you know about what you are talking about. . . . nt Bernardo de La Paz Oct 12 #35

Just to be clear, gab13by13 Oct 12 #29

Evidence? Or your sayso? Bernardo de La Paz Oct 12 #36

There's this report EdmondDantes_ Oct 12 #42

Very interesting. Thank you. . . . nt Bernardo de La Paz Oct 12 #44

Bad day on Wall Street SocialDemocrat61 Oct 12 #30

He's periodically crashing the stock market on purpose to hurt the middle class & enrich the already rich. lark Oct 12 #40

Instead, I think he is profoundly incompetent, but there may be people using inside knowledge Bernardo de La Paz Oct 12 #46

He has stated previously that stock market crashes are wonderful for the rich. lark Oct 12 #47