Stock Market's Wild Ride Continues
By Douglas V. Gibbs
Author, Speaker, Instructor, Radio Host
The Stock Market is once again in the news. The liberal left is screaming that its going to crash, the Trump’s horrendous anti-Keynesian economic policies have somehow unleashed a beast in the machine that is ready to rampage through our economic safety like a greyhound chasing a false rabbit.
The key thing about the stock market is to understand that change is normal. Up, down, and up again is the nature of the beast. While it can, sometimes, be an indicator to what is going on economically, the Gross Domestic Product (GDP) and rise and fall of manufacturing are more accurate things to watch when trying to gauge what is going on in the economy.
The mileage of the ups and downs have been greater than normal, with the Dow Jones industrial average traveling more than 22,000 points this week.
They say it’s the worst it’s been in weekly losses since January 2016, and at one point looked like it might be the worst week since October 2008, when all economic hell was allegedly breaking loose.
The “Russian Collusion” story is disintegrating, and the internal workings of the deep state is being exposed. Americans are beginning to realize how criminal the Obama administration, and the Democrat Party as a whole, really is. FBI and DOJ officials, it turns out, have been involved in lying to the FISA Court, and memos are waiting in line for release.
Do you think the media would be acting like this if it had been about a Bush DOJ and FBI accused of wiretapping abuses?
We have confidence and a strong stance of anti-establishmentism on one side, and a rising reality of panic and hypocrisy on the left on the other side. While Democrats have decided their only hope is to persuade Americans that Trump is a Hitler that must be impeached, the Republicans are beginning to stand behind their President and grab a hold of the tug of war rope. Congressman Adam Schiff, an in-law of George Soros, is in the center of much of it, who claims we have a national security emergency. But, isn’t it also true we have a personal freedoms emergency? Was the Obama FBI and NSA and so on and so forth practicing outrageous abuses of authority? Was not the Democrat controlled and leftist infiltrated FBI acquiring personal information on U.S. citizens?
Source: http://politicalpistachio.blogspot.com/2018/02/stock-markets-wild-ride-continues.html
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