stock markets tumbling on new variant scare

https://www.cnbc.com/2021/11/26/stock-futures-open-to-close-market-news.html

https://www.cnbc.com/2021/11/26/covid-variant-emerges-in-south-africa-heres-what-we-know-so-far.html

Up early spreading Christmas cheer I see.

Wait until rising interest rates tear the seam even more.

😎

The sky is falling, the sky is falling!

Ain't that the truth. That and Russia. It is likely to get interesting one of these days.

New covid, inflation, interest rates, Russia and Ukraine, China and Taiwan. What you going to do Joe?

He claims everything is better ??

He's nothing but gloom and doom and wears multiple tin foil hats.

True Story

Two things!

1. I'm under the impression that viruses mutate constantly, one of the reason the standard flu shot's are always changing.

2. It's my opinion that the left is going to milk this covid scare as long as they can, they love the mail in vote and will carry this well into the midterms.

We are at 6.5% inflation. Sooner or later he will be right

Play elevator music as he walks off.

Opening terrible. is it the "new" Covid variant scaring everyone?

Reality is setting in. Inflation is the word I would use. Projection for low sales today is a real sign of the economy.

It’s all manipulated. Elites will crash it on their timeline. Most likely this dip will be bought up next week.

There will always be a new COVID variant since Pfizer is running the world right now.

The sky is falling!

Pfizer is up 7%, Moderna up over 20%

Their taking us to the bank..

This too shall pass.

Getting ready to buy!!!

Sell...sell...sell



Buy...buy...buy

Gold is up.

YEP !!! This is how Peolsi just got rich (er) but she did it through insider trading.

It's that "Black Friday" name, we've got to change that racist carp.

Greatest Ponzi Scheme in human history.

orchestrated distruction of the economy , while your distracted with racism that doesnt exist

give you fake cries of racism . Oh yeah, joe is not joe........................

They are going to "pull it " for their great reset.

You can only “Build Back Better” after first tearing down everything we hold of value. That’s right, we’re in the early stages of boot camp. They will take everything we have, then give us what “they” want us to have.

If inflation was measured the way it was in the 80's it would be much higher. The Feds use their own sets of numbers. It keeps them from having to raise Social Security benefits.

John Williams Shadowstats is a pretty highly regarded authority on data. His inflation numbers look more like about 15%.

http://www.shadowstats.com/alternate_data/inflation-charts

The media running gloom and doom with the new covid variant was the trigger, but along with the factors others posted and more like treasury yields and oil taking a worse hit surely contributed. It don't take much. Trump used to cause dips like this with nothing more than a tweet. Being a long holiday weekend I bet a lot of stops got people flushed out today and also made it worse. Maybe it will come back Monday or Tuesday or maybe the media and politicians will cause more panic. Who knows. But I don't think a crash is coming. Yet.

Crash will be next year just prior to the mid-terms.

IMO , there is more to the "great reset" and history of slavery than most realize. America and the west stood in the way of such slavery. Knocking the bottom out of the economy sets up a global slave state.

New omicron variant stokes world fears, triggers travel bans
https://www.yahoo.com/news/eu-wants-stop-flights-southern-074537226.html

Amazing how accurate a lot of this still is...

I wish the mods would move that vid to the O/T myself - everybody with anything to lose should watch it...

Well heck I thought I was in the bunker...

It happens to the best of us

Roller coaster. Never stays the same.

You must be talking about our current monetary system. First time in history the entire world monetary supply is backed by nothing.

No, actually, they are taking us to the woodshed and spanking our butts.

https://www.cnbc.com/pre-markets/

XPEV

I knew china wouldn't let it fail I got in early and have added on the way up, I can only hope it does half as well as Tesla.

Loan me some money.

I will when my Pot Stocks hit the big time.

I'll look tomorrow December 1st, I was an all-time high on the 11/15, scared to look now. stay tuned

I thought trump showed everyone how the markets are flipped off and on like a switch. Guess not.

Buy Buy Buy Worry about what you did later.

That has to hurt. I saw MJUS was at an all time low today and I still don't dare buy into it.

Seriously thinking about taking some out and buying some more dirt.

I started buying into most of the US MSO's in early 2019 so I'm still doing okay the ride up has had more than a few bumps.. ACB now it ate my breakfast and lunch but when they get this banking voted on I will get that back on TCNNF.

On September 23, the Federal Reserve released its Z.1 statistical release on the Financial Accounts of the United States. The section on Corporate Equities revealed that at the end of 2019, the market value of all publicly-traded equities (stocks) in the United States had reached $38.47 trillion. By June 30, 2021, in the midst of a national emergency from an ongoing pandemic, the market value of all publicly-traded stocks had surged to $54.768 trillion, an increase of 42 percent. (See page 130, Line 29 at this link.)

At $54.768 trillion, the U.S. stock market was larger than the combined GDP of the United States, China, Japan, Germany, France, Italy, Spain, and the U.K., according to GDP data from the World Bank. And a lot of the leverage that is propping up this massive bubble is hiding out in bank holding companies that own the largest federally-insured commercial banks in America.
-----------------------------------------------------------------------------------------


when this blows its gonna be spectacular

Wow. Just unreal. What a bubble

Loving it.


Dow Jones Industrial Average / Stock Price
34,507.86 +485.82 (1.43%)
.DJI(INDEXDJX)
Dec 2, 9:56 AM EST ·

PE ratios are on the high side, but not setting new records. But they are high for a reason, as Trump predicted last year, there is a lot of pent up demand. The only thing that really scares me is a global crisis. Imagine if covid was deadly like the ebola virus.

Or if Russia invades Ukraine