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View Full Version : US Economy in Tailspin!!



walpurgis
06-02-2018, 00:03
Is this the start of a new global crash?

http://www.latimes.com/business/la-fi-markets-20180205-story.html

http://www.chron.com/business/article/Stocks-plunge-Dow-has-biggest-point-loss-in-12552949.php

http://www.independent.co.uk/news/business/dow-jones-record-fall-points-latest-us-stock-market-financial-crisis-2011-a8196121.html

Blackdog
06-02-2018, 02:17
Not a global crash. This is a Trump reaction I think. His protectionist attitude, threats to pull out of NAFTA, and rejection of Pacific Rim is making some of the major companies and their stock holders nervous.

Andy831
06-02-2018, 08:18
Or it could of course just be the correction the economists have been predicting for months.

Macca
06-02-2018, 08:27
The economy and the stock market are not the same thing.

hifi_dave
06-02-2018, 11:49
Stock markets across the globe have had a re-adjustment, not just the US. It happens from time to time and means nothing except that the money men make more profit.