and the only pic I could handily find.
So it was the only thing your Facebook algos gave you?
Pop quiz: What were those drops due to? Were those events that caused those drops seen to be momentary blips on the radar or the adjustment to radical shifts in US economic policy that Biden imposed? Did other countries respond to these drops? How? Did JP Morgan et al come out and predict a 60% likelihood of a recession during those times?
If you think people are freaking out simply
because the Dow is falling (and the NASDAQ, S&P et al) then you truly don't understand the situation. People are pointing to
WHY the Dow is tanking........and it's a symptom and a result of specific economic policies that Trump has implemented,
cratering the economy the likes of which we have not seen. It's one thing to deal with economic issues as a President that just happen to occur during your term (.com bubble recession in '01, housing in '08, hell COVID in 2020, wars, and other drops that occur as a natural result of market factors) it's another to see the market crater in real time due to a president announcing radical (and idiotic)
economic policy that was produced by chatGPT and a bad math equation.
Since you're not worried, explain why. If you can. This isn't a typical market condition drop. What policy or policies will Trump enact or repeal to fix this? If he keeps the tariffs on, how will the market recover?This isn't a two day issue. The tariffs are still going to be there Monday...and more are coming....What happens when the EU, Britain, et al respond(and subsequent tariffs that have been announced by aren't in effect yet go into effect)? What is the long term market projection of this if the policies don't change?..because Trump says they aren't changing.
Lastly, do you think these tariffs are good policy? Why or why not?....BECAUSE THAT'S THE ACTUAL POINT OF ALL OF THIS DISCUSSION OF THE DOW.
Or was all of this not explained in the Facebook post that you pulled your picture from?
Oh lastly, should we also take by your chart that Biden "fixed" the issue and then had the economy on an upward trajectory and we did in fact have a great economy under him?
You're arguing that what we are seeing is normal or "happens all the time." It doesn't.