A late-day selloff amid growing concern about the world economy sends the Dow down nearly 500 points ahead of Friday’s closing bell.
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Been waiting for this to happen for quite a while. Market has been artificially inflated by the Fed. Been in a recession since 2008 with no relief in site. Now we are in the 2nd great depression!!!!!
ReplyDeleteJust the tip of the iceberg, September is coming.
ReplyDeleteThis administration has no clue about what drives the economy and with trillions funneled offshore due to exorbitant corporate tax rates investments are not being made in this country. A good example is GE with a lot of their manufacturing already in foreign countries. The automobile industry is doing the same thing building in Mexico and South America. Eight years and the current administration has done more to screw up this country that may never get back to normal. You simply cannot keep giving free stuff and expect things to ever get better.
ReplyDeleteHere comes another Obama failed policy like "cash for clunkers".
ReplyDelete