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RandySF

(58,809 posts)
Wed Feb 26, 2020, 10:15 PM Feb 2020

Stock Market Futures Drop After Trump Press Conference

U.S. stock index futures fell as President Trump’s speech failed to assuage investors’ concerns of the novel coronavirus derailing global growth, Bloomberg reports.

“March contracts on the S&P 500 Index were down 0.4% as of 9:19 a.m. in Tokyo, after slumping as much as 1%, as the president held a press conference to update the country on the administration’s response to the growing crisis. The underlying index is mired in a five-day losing streak that wiped out more than $2 trillion in value from American equities.”


https://politicalwire.com/2020/02/26/stock-market-futures-drop-after-trump-press-conference/

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Stock Market Futures Drop After Trump Press Conference (Original Post) RandySF Feb 2020 OP
Tomorrow is going to be another record drop on Wall Street and the Markets.... Pachamama Feb 2020 #1
Well done, President Dipshit. smirkymonkey Feb 2020 #2
The markets don't like uncertainty... Wounded Bear Feb 2020 #3
Brace for impact. 2naSalit Feb 2020 #4
Blame others central scrutinizer Feb 2020 #5
That thing really said that? Hermit-The-Prog Feb 2020 #6
Yes central scrutinizer Feb 2020 #7
Reality doesn't live there any more. Hermit-The-Prog Feb 2020 #8
Fake News budkin Feb 2020 #9

Pachamama

(16,887 posts)
1. Tomorrow is going to be another record drop on Wall Street and the Markets....
Wed Feb 26, 2020, 10:31 PM
Feb 2020

Watched the Dotard's briefing....

Now watching Rachel Maddow and the expert she has on explain that 2% death rate is 10 times what the Seasonal Flu rate is....

The transmission rate is 2-3 times what the seasonal flu is...

There is no vaccine....

We don't have tests or testing taking place....

He said that 2% of Billions of humans on the planet is a very very big number of dead people.

But hey - Donald J. Trump the stable genius said everything is fine and 2% death rate isn't high....

OMFG

Wounded Bear

(58,654 posts)
3. The markets don't like uncertainty...
Wed Feb 26, 2020, 10:34 PM
Feb 2020

The Prez and his staff contradicting each other in the same press conference is a bit much to take.

central scrutinizer

(11,648 posts)
5. Blame others
Wed Feb 26, 2020, 11:01 PM
Feb 2020

“It’s the failing, low-ratings network like CNN and MSNBC that are blowing it out of proportion and causing the Wall St. panic. There’s no problem and the do nothing Democrats aren’t acting.”

Only an idiot wouldn’t see that those remarks are self-contradictory. Oh, wait....

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