Wall Street is plummeting due to fear of the coronavirus worsening after a surge in key geographies around the world. There are also concerns another stimulus package may not get done due to negotiations in Washington with the Supreme Court decision, CNBC’s Dominic Chu reports. Aired on 9/21/2020.
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Wall Street Plummets On Fears Of Worsening COVID, Supreme Court Decision | Hallie Jackson | MSNBC
OMG! President Trump will of course invoke the Defense Production Act for his precious economy, for American lives, not so much. 🙄
Trump told Woodward that he gives himself an A over his corona virus response.
@Doug Lowe l can’t understand it either. If you look at how other countries are mitigating the economy in the pandemic it appears the key is in masks, social distancing, fast lockdown quarantines, to limit the spread, contract tracing and mass testing. Its working, their economy’s while not at full steam are coming back. Trump seems incapable of making the connection. Perhaps he thinks ‘market forces’ will take care of the virus? Which is a joke but maybe not. Perhaps he thinks people are stupid enough to risk their lives for a few beers at a ball game or whatever?
@Karen Byrd if the A stands for awful, yes.
@SoCal Surfer16 with 200,000 dead you’re not in the position to call the shots on whats stupid pal.
@SoCal Surfer16 Twenty-three states and Washington, DC have a higher COVID-19 death rate per 100,000 people than California, so I can understand why a Californian might not grasp the gravity of the situation.
No stimulus package but I’m willing to bet they’ll vote on a justice nominee. Their priority is themselves, always has been.
@Ricky Spanish Where there’s a will, there’s a way. They are willing to make a way to maintain power but not to protect or assist those in need. You know, the basic tenets of governmental responsibility.
@Ricky Spanish bullsheeet
@Ricky Spanish Pelosi & Co passed a package months ago. They have asked the GOP to meet half way between the two plans. Yeah, totally unreasonable and stubborn. GTFO.
Ricky Spanish
sad, deluded, blind and stupid.
congratulations on achieving your trump university degree.
or are you too dumb even to achieve that
Exactly right!
Donald Trump is killing this country
@Felix Frost The virus was made in China and China knew it to be deadly and allowed its spread anyway. Trump called for a travel ban, but the left called it racist.
@Ricky Spanish trump knew all about it, and he downplayed it and let people die.
@Felix Frost all those are Trumps fault…sincerely yours Democrats
@Ricky Spanish American agencies already claimed that the virus wasn’t man-made or genetically modified.
The China Travel ban only applied to Chinese people. Americans who had been to China could still go back to USA and seemingly they weren’t checked upon return to see if they were Covid-19 carriers.
Likewise, Covid-19 arrived to the American Continent from Europe, through people who had been in nations with high infection numbers, such as Italy or Spain.
The China Travel ban was just for show, it was useless in preventing Covid-19 from reaching USA.
I agree Dan Dan, ironically it was Trumps rushing the American workforce back , without the resources to self isolate and properly social distance that was his strategy to keep Wall st. afloat has come back to bite him in the a$$. He’s losing millions every day with his fleet of empty hotels, and with the covid spike, of Comrade Orange’s own making, is Wall st . is now tanking. If Trump had given the work force the financial resources to self isolate, and allow the covid curve to flatten, Wall st. would be in recovery now. His truest words” I’m a pioneer in covid mortality” the most honest thing Agent Orange ever said.
Nice job Trump
the DOW goes up and down all the time, it’s not the end of the world…
About time the markets start reflecting the reality on the ground.
@Otay Buckwheat Trump was trying to soften the blow for some Americans for a few weeks, he did right. Its the Democrats fault that there’s no stimulus, they’re insisting on paying off state deficits that existed pre covid.
@Peter Dyste
Republicans refused to go to the table until almost midnight after the 11th hour.
At that point not long ago, they didn’t even know what was in it the 3 month old relief bill that had passed in the House, there were already many states in distress and they’re not just blue! The red states in trouble rely on the blue states, so it’s a trickle down situation and without help, as McConnell suggested, states can just go bankrupt.
It is what it is? 🤔
Local taxes that cover law enforcement and the fire department are depleted, and they’re ultimately being defunded by the Republicans if you just pull back and use a panoramic lens. The bigger picture, is screaming STOP because the only focus is reelection and now even though the Senate has done squat they’re going to crawl out of their coffins to ram through something to stay in power?
Okay sure. Problem is, even the stock market realizes this reality show just tanked in the ratings.
They have no campaign money or direction either because they’d just changed direction again.
Once they read the room will Trump double down or will they appear to be understanding and crawfish back in their swampy mudholes?
Obama was 11 months out but were 46 days and people have started voting, and I have yet to see anyone in those lines with their masks on, wearing a MAGA hat.
@Otay Buckwheat I don’t like either party, I just think that 3 trillion is too much to print out of thin air. The Democrats will funnel money to certain people who aren’t even suffering just like the Republicans will. The restaurant or hospitality worker who worked 55 hours a week before and is in dire straits now is never the main beneficiary of these packages. They’ll be high and dry again in three months again, just wait and see.
@Peter Dyste The Democrats weren’t in charge of where the monies went after the last stimulus and figures are negotiable when both sides will come to the table and Mr Bankrupt gambled and lied, and if a Cat 5 hits Houston in 2 weeks, the stock market will be the last of the GOPs worries!
Gold, property, classic cars, some cash, multiple accounts, leases and lots of open credit but no more Annuities, 501Ks or IRAs.
I almost invested in a startup last week but I decided that it wasn’t a good time to possibly lose money.
Looks like the stock market took my advice even though I’ve only given advice on medigap insurance recently and not investing. Gold was 137 in the spring and it’s been in the 180 range, and that’s what I would recommend but not right now, however it is a good gauge!
The stock market is the wallet of the rich.
Trump sacrificed many American lives, jobs and small businesses to protect this wallet. But now Trump totally gave up on Covid … he’s simply destroying your economy.
Open up Democrats
@SoCal Surfer16 The Democrats need to crash everything with restrictions so they can get their states bailouts. California should have gotten rid of restrictions months ago and they know it.
@Peter Dyste California has a lower COVID-19 death rate per 100,000 people than 23 other states and the District of Columbia.
@Constituent A California is a healthier state than so many.
@Peter Dyste As a result of being prudent, apparently.
Here comes another Fed Pump. Welfare for the 1 percent. Meanwhile enjoy your impending homelessness everyone else.
There won’t be anything left, no money or credit, for Biden to put the USA back together again.
@D MP I think this will be even worse than the Great Depression. Biden can’t fix this alone. It’ll take decades to undo Trump’s disaster. But with Biden we can at least start to rebuild. Biden/Harris2020 and God help us!
Politics is a side show, the global corporate debt bubble popped in February and they made things worse with corona shutdowns to try to hide the real cause. Now we get a bunch of bad.
Even before Covid, Job Growth was slower under Trump. FACT!
1) Obama’s last 3 years: 224 K / month
2) Trump’s first 3 years 182 K / month
Facts don’t matter to Don the Con and his cult.
Stock market also increased at 10.5%/year for Obama last term and just 5.1% for Don the Con’s first (and last term). If you extrapolate the Dow using the rate when Obama left it would be at 38K today.
The trade deficit with China is at it’s highest in 12 years even with Don the Con’s tariffs. The same tariffs that China has paid us not even one penny for. US consumers pay for all of his tariffs.
The tax cut that Don the Con claimed would pay for itself with a delusional 4-6% GDP was actually paid by adding $1T/year to the national debt.
Trump’s tax cut:
* 83% went to the top 1%
* 17% went to the ‘’bottom’’ 99%
Trump is fighting for his rich friends. 🙄
💙💋🖤💗
Don’t forget, Trump is a member of that top 1% club he’s pandering to.
@Kim Coates He has stolen enough to be in the 1% and so has his republican family, and friends of family.
“I don’t think science knows” person who claimed there were airports in 1776
.
When Snoopy shot down the Red Baron USA won the war of the Roses, eh Donald?
@Doug Lowe 😂😂😂 I had a visual.
LATINOS FOR BIDEN2020
he learned that in the meeting he had with Frederick Douglas..
“Matthew 10:16, Ephesians 5:11, Revelation 3:9″, 2 Thessalonians 2”
Follow the white rabbit…
Vids: 1. “SOLID PROOF WHO DID IT” (by riss flex).
2. “When You Weren’t Looking Billionaires Did This” (by reallygraceful).
3. “The Global Health Mafia Protection Racket” (by amazing polly).
4. “Fall Cabal too – Part 30 (August 2020) New Content” (by Fall Cabal too).
5. “Deep State Voter Fraud Agenda” (by riss flex).
6. “George Soros Confession – His Goal To Overthrow USA” (by ProjectLifeCommand Channel.).
#sorosblm
#soroshaiti
#clintonfoundationhaiti
#theclintonbodycount
#whytheestablishmenthatestrump
#TheGreatAwakening
43 days till Nov 3! tik tok tik tok tik tok! America’s coming for you trumppeee! My how time flies! *Vote Biden/Harris! Vote Democrat! Vote for American Democracy, Decency & Justice! Vote!*
How many people got shot in the streets this week Chicago boy.
Chicago Boy Says the boy from Chicago where Democrats have managed it for generations yet has a very high violent crime rate, is chokingly dirty with all kinds of air and water pollution, has heavy car traffic, people and businesses are moving out the list continues.
No riots or lockdowns for me, I’ll vote the lesser evil Trump.
Peter Dyste will you be voting twice as instructed?
@CMUNIC8 I live in Washington State so I can only vote once by mail…sadly😂
CHUMP has DESTROYED America!
There won’t be any stimulus since the GOP is focused on appointing a SCOTUS nominee. The Republicans will help themselves in the long-term but shoot themselves (and the country) in the foot in the short-term
And Trump attempted buying votes for $300 with FEMA disaster relief funds!?
Stimulus in moderation might be humane but 3 trillion more printed money will be inflationary.
Peter Dyste money sent to people who need it means money gets injected straight into the economy, which is far more beneficial to the economy than not spending the money. On top of that our t-bills are still wanted all over the world, which means we get more value out of stimulus than it costs us to repay it. The value of dollars directed to people who need it far outweighs the interest we’d have to pay on printing it
its funny mitch is moving pretty fast on this on the covid relief, not so fast
* fails on all other fronts, leaving hundreds of thousands dead *
Trump: but look at the stock markets! aren’t they fabulous?
* stock market plummets because still nothing has been done about covid *
Trump to his administration: spin this for me will you? i’m off for some golf
Kudlow will blame the fall of the stock market on Biden being on the ballot. These insane, sick SOBs need to be voted out!!! Vote blue!
Democratics need to fight or extend the courts if not young voters will vote them out. We need to fight in memory of John Lewis and RBG
That can’t ge done until Democrats actually hold some power. Young voters need to realize that this is all in their court now.
Now the market can feel how the rest of average America feels
the more of us that die, the less the stock market is going to be worth. let it rip!
They also should feel how they have treated the American citizen, the taxpayers, and small businesses, when they STOLE the stimulus money from them.
Buckle up ppl. That fried mango is really going to drop a turd in America’s punch bowl.
Heh, heh, heh…”fried mango” Too funny
*Trump would care if the STOCK MARKET went down 200,000*
#GettrumpNOW
Another day—another trump failure. This is just routine.
Trump is singly the worst president in American history.
No ….thats Obama by a mile…😨
Worst human being in history!