Drudge Retort: The Other Side of the News
Sunday, March 24, 2019

The Dow fell 460 points Friday after a US recession indicator blinked red and a report on German manufacturing raised concerns about Europe's most important economy. The index shed 1.8%, while the S&P 500 closed down 1.9%. The Nasdaq plunged 2.5%. It was the worst performance for all three major indexes since January 3. The yield on 3-month Treasuries rose above the rate on 10-year Treasuries for the first time since 2007 -- a shift that scared Wall Street. Investors have piled back into stocks after a sell-off in late 2018.

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Pump and dump. 6000% for Blankfein, Dimon, the Kochs and Waltons... and nothing for you. Fear not, the Fed will watch their back.

#1 | Posted by bayviking at 2019-03-24 11:13 PM | Reply | Newsworthy 1

Now is the time to start getting prepared for a recession. Pay off your bills, start buying investments that do good in recessions, silver, oil, etc. Start hoarding cash..

#2 | Posted by boaz at 2019-03-25 07:54 AM | Reply

Will the-------------------'s recession eclipse Dumya's?

#3 | Posted by reinheitsgebot at 2019-03-25 09:22 AM | Reply

If hard times come, learn how to keep chickens and raise vegetables. Keep a few oil lamps and plenty of tools. If you look for a helping hand, look at the end of your arm first. The dependent are ultimately slaves.

#4 | Posted by docnjo at 2019-03-25 11:06 AM | Reply | Newsworthy 1

The quickest way to start a recession is, of course, to start saying there is a recession.

Also, it's amazing we can't ever just be in a standstill market. It says we have been in a bull market for decade. Now we may go into a recession. Why can't all these smart financial people get us into a "neutral" market where growth is at a level that isn't helping or hurting us, unemployment is acceptable but not great, etc. etc. It always has to be one way or the other...at least that's how the media wants us to think.

#5 | Posted by humtake at 2019-03-25 12:11 PM | Reply

If hard times come, learn how to keep chickens and raise vegetables. Keep a few oil lamps and plenty of tools. If you look for a helping hand, look at the end of your arm first. The dependent are ultimately slaves.

#4 | Posted by docnjo

But, most of all...and this is very very important!

When hard times do come.. and they will.. don't forget to blame Obama!

#6 | Posted by donnerboy at 2019-03-25 01:22 PM | Reply | Funny: 1

The quickest way to start a recession is, of course, to start saying there is a recession.
Also, it's amazing we can't ever just be in a standstill market. It says we have been in a bull market for decade. Now we may go into a recession. Why can't all these smart financial people get us into a "neutral" market where growth is at a level that isn't helping or hurting us, unemployment is acceptable but not great, etc. etc. It always has to be one way or the other...at least that's how the media wants us to think.

#5 | POSTED BY HUMTAKE

The smart financial people have shown us ways to get at least more stable, long term growth in the economy.

The problem is you are too dumb to listen and keep electing Republican Presidents who bring on recessions...every single time...

#7 | Posted by Sycophant at 2019-03-25 01:41 PM | Reply | Newsworthy 1

#7 | Posted by Sycophant, I guess you are too young to remember Carter.

#8 | Posted by docnjo at 2019-03-25 01:52 PM | Reply | Newsworthy 2

#6 | Posted by donnerboy Affixing blame for a desperate situation will not do a thing to improve your or my situation. Better start thinking what you can do for yourself.

#9 | Posted by docnjo at 2019-03-25 03:20 PM | Reply

Geeze W at least waited until the end of his second term crash the economy. Made it easier for the mouth breathing GOP base to blame Obama.

Trump is doing it well within his own term and will really tax their mental gymnastics abilities.

#10 | Posted by jpw at 2019-03-25 07:16 PM | Reply

Its getting harder and harder for those that matter, the 1%, to make money. But fear not the Federal Reserve will rush in and save them agaoin, while setting the rest of the country adrift in the storm. That's what low interest rates, which only the 1% have access to and the bailout. QE1 and QE2, and QE3 in the USA is between $4.5 and $5.5 trillion. Worldwide, meaning add the EU and Japan and somewhere between $25 and $30 trillion.

#11 | Posted by bayviking at 2019-03-25 08:33 PM | Reply

global economic collapse by year end. this time couple billion people will die.

#12 | Posted by gitmboy at 2019-03-25 10:01 PM | Reply

Too many folks are hoping for failure. It's why the market is vulnerable

#13 | Posted by eberly at 2019-03-25 10:04 PM | Reply

Too many folks are hoping for failure. It's why the market is vulnerable

#14 | Posted by eberly at 2019-03-25 10:04 PM | Reply

Too many folks are hoping for failure. It's why the market is vulnerable

#14 | Posted by eberly

The market is vulnerable because everyone remembers what happened 10 years ago. And no one went to jail and very little was fixed, and now repubs are removing the few weak reforms that were instituted to prevent a reoccurance.

If obama and holder had thrown some bankers in jail and done some hard core reforms and regulations over the objections of screaming republicans, people would have a lot more faith in the market today.

#15 | Posted by SpeakSoftly at 2019-03-25 10:22 PM | Reply

Now is the time to start getting prepared for a recession. Pay off your bills, start buying investments that do good in recessions, silver, oil, etc. Start hoarding cash..

#2 | Posted by boaz

You mean it's not the time to blow up the budget to hand out tax cuts for the rich? Then why do you vote for people who do that?

#16 | Posted by SpeakSoftly at 2019-03-25 10:23 PM | Reply

Too many folks are hoping for failure. It's why the market is vulnerable

#14 | Posted by eberly

Too many people aren't optimistic that the people in key leadership positions are a. competent or b. interested in the trials and tribulations of the little people.

When those at the top are more interested in the capitalizing on a downturn instead of trying to prevent or minimize the downturn, it doesn't bode well for the people most likely to be affected.

#17 | Posted by jpw at 2019-03-26 10:14 AM | Reply

You libs have been saying that ever since Trump ran for office.

#18 | Posted by Sniper at 2019-03-26 11:59 AM | Reply

#18; Yikes and its playing out pretty much spot on with what they predicted. Darn. I thought this time the tax cuts would work for sure!

#19 | Posted by IndianaJones at 2019-03-26 01:08 PM | Reply

You libs have been saying that ever since Trump ran for office.

#18 | Posted by Sniper

I guess trump is a lib? Libs were saying look how much the economy improved since 2008. Trump was the one telling everyone it was a disaster.

#20 | Posted by SpeakSoftly at 2019-03-26 02:59 PM | Reply

You libs have been saying that ever since Trump ran for office.

#18 | Posted by Sniper

The difference is that Libs are more believable given they form opinions based on data and past experience.

We had nothing but eight years of "Obama is destroying America!" from you idiots only to watch the hand off of a far better situation than was inherited get turned into a wealth extraction scheme and predictable economic downturn.

Seriously, anybody who voted for Trump should never be allowed to vote again. You have proven that you clearly have zero ability to assess reality and form cogent opinions that aren't detrimental to the rest of us.

#21 | Posted by jpw at 2019-03-26 03:00 PM | Reply | Newsworthy 1

If worried, build up a cash position, if you haven't already, to take advantage of a bear [down] market.

#22 | Posted by MSgt at 2019-03-26 05:50 PM | Reply

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