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Showing posts with the label Dow drops more than 1000

TODAY AND TOMORROW

SORRY FOR THE DELAY.  THE INTERNET IN THIS BUILDING WAS OUT MOST OF THE DAY. This was a generally bad Monday for much of humanity, and tomorrow could well be pivotal.  Today is August 5, with the U.S. presidential election three months away on November 5.  I'll start with Mike Lukovich's latest cartoon, indicating what is happening to the Trump presidential campaign, which I guess is good news for Freedom. The world stock market might well be crashing: The  U.S.  Dow Jones Industrial Average dropping 1,030.5 points ( -2.72% ), with the Nasdaq Composite  -3.38% and S&P 500 -3%. But the  Japan Nikkei had its worst day since 1987, falling 12.4% , mainly caused by disappointing U.S economic data. Some blamed the Federal Reserve for not acting expeditiously last week. European markets  were all down around 2% today. Is this a sign of a coming recession? Republicans will benefit from what is happening.   But it would have been worse for Democrats if this occurred in September, as