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Stock Market Enters Longest Losing Stretch Since 2008 Financial Crisis

Thursday, November 3, 2016 13:48
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Wall Street suddenly has the flu:

“The S&P 500 fell for an eighth straight session Thursday, its longest stretch of declines since October 2008.

The index has fallen nearly 3% since Oct. 25 as polls have tightened in the U.S. presidential election. Still, that decline is much milder than the 23% the S&P 500 lost in its previous eight-session losing streak during the financial crisis, according to WSJ Market Data Group. The index slid 5.3% over two sessions following the U.K.’s vote to leave the European Union in June. …”

Is the globalist establishment about to lose election?

“The 2016 election has confounded pundits, upended precedent and now it’s spurring unusual patterns in the U.S. equity market. To wit: stocks almost always rise in the days before the country picks a president. This year, they’re falling.

The S&P 500 Index has advanced in the five days before the vote in 20 of the past 22 cycles, according to data compiled by Bloomberg and Bespoke Investment Group LLC. While the gauge has climbed an average 1.9 percent in the run-up to elections going back to 1928, it’s down 1.8 percent since Monday, with two market days left until polls open Nov. 8. The index fell 0.4 percent to 2,088.67 at 4 p.m. in New York., slumping to the lowest since July 5 as losses accelerated in the late afternoon …”

What will happen to the stock market if Trump wins? How much money does the oligarchy stand to lose? Better cash out now!

Note: Wall Street always wins the election because both candidates are in its pocket. The plan was to run ¡Jeb! against Hillary. It didn’t work. This time around there was a second candidate who was independent of Wall Street, ran against Wall Street, and owes Wall Street nothing.


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