Dow PLUNGED Over 600 Points! GE is COLLAPSING and Will Need A Bailout!
The US stock markets are sinking, led by Apple as we see the October chaos spill over into November. There are several excuses which the mainstream media have made for today’s fall but the truth is that the underlying cause has yet to be addressed and that’s why the market can’t shake this off. We can’t even envision a world without trillions of printed dollars being used to buy up US assets and ultra-low interest rates. Just the thought causes a fallout in the markets.
Dow plunges 500 points as Apple leads tech rout
https://www.cnbc.com/2018/11/12/stock-market-dow-futures-lower-on-thin-trading-on-veterans-day.html
Markets: Indexes, Bonds, Forex, Key Commodities, ETFs
https://www.cnbc.com/markets/
^DJI 25,496.35 -492.95 -1.90% : Dow 30 - Yahoo Finance
https://finance.yahoo.com/quote/%5EDJI/
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GE 8.07 -0.51 -5.94% : General Electric Company - Yahoo Finance
https://finance.yahoo.com/quote/ge/
CEO Larry Culp: GE will reduce leverage through asset sales
https://www.cnbc.com/2018/11/12/ge-ceo-culp-says-he-will-use-asset-sales-to-raise-cash-and-bring-leverage-down-feels-the-urgency.html
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Flash - 10 years after the recession, Americans wake up to rising prices - France 24
https://www.france24.com/en/20181111-10-years-after-recession-americans-wake-rising-prices
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crazy fall on the djia today.. panic selling
Ya & the Bond market was closed today, tomorrow could be really interesting
Guilty until proven otherwise with a close above 2780. Just stay away until then
I can’t say it enough NO MORE FUCKING BAILOUTS‼️You play the game called free market enterprise , and if you loose , then you lick your wounds , and try again . You don’t get a fucking bailout , and you don’t get special privileges . You get to take it like everybody else . This is a survival of the fittest contest , and a mind your own business REPUBLIC . And if you idiots didn’t pass so many comfort laws you’d have money to rebuild your infrastructure instead of filling your prisons with NONE OF YOUR BUSINESS CRIMES . Meaning consenting adults doing whatever they want with their own bodies . This financial collapse is not just about poor economic policies , its also about a poor social structure . We have to reward business that is wise and true , and those who are not efficient , and are wasteful must suffer the consequences of participating in this system . Otherwise we have chaos and mayhem . The purging of the system will be a necessary thing to do . But we must not return to the same money manipulation , and money managers who are responsible for the collapse in the first place .