On Monday this week the Dow closed down 278 points. On Tuesday this week the Dow closed down 1,032 points. On Wednesday this week the Dow closed down 879 points. On Thursday this week the Dow closed down a record 1,191 points. Well today is Friday and the Dow started off falling down over 700 points in the first minute. It has stabilized a bit in the last 20 minutes at still more than 700 points down. So whatever happens today to the Dow the week has been one of a mighty fall. good thing tomorrow is Saturday and the Dow being closed for the weekend otherwise there would likely be no relief for trump and his handling of all things in our society.
Of course trump will blame everyone else for whatever happens that is bad and claim all credit for anything that happens that is good. But his blaming anyone or anything else is not going to play well with the big money boys who are taking a huge financial hit right now. That trump cut funding for disease control by about two thirds leading up to the latest pandemic coming from China downplays his narrative of not his fault. Just like when the republican Congress cut funding for embassy security before the Benghazi embassy attack, no shuffling of blame away will work. Yet neither that republican led Congress nor trump now will ever accept the blame for their doing.
The thing though about this Friday being the stopgap trump needs to end the free fall of the Dow Jones and other trading indexes, it is only a short stay. Then the new week will have it's own narrative to write. As I am writing this post I am also checking on the updates for the Dow and as of this very moment it is now down more than 900 points as of 10 am Eastern time. Yesterday was a record breaker for the largest drop in American history for the Dow and today may have that same kind of story to tell when the final closing bell for the week rings.
Of course trump will blame everyone else for whatever happens that is bad and claim all credit for anything that happens that is good. But his blaming anyone or anything else is not going to play well with the big money boys who are taking a huge financial hit right now. That trump cut funding for disease control by about two thirds leading up to the latest pandemic coming from China downplays his narrative of not his fault. Just like when the republican Congress cut funding for embassy security before the Benghazi embassy attack, no shuffling of blame away will work. Yet neither that republican led Congress nor trump now will ever accept the blame for their doing.
The thing though about this Friday being the stopgap trump needs to end the free fall of the Dow Jones and other trading indexes, it is only a short stay. Then the new week will have it's own narrative to write. As I am writing this post I am also checking on the updates for the Dow and as of this very moment it is now down more than 900 points as of 10 am Eastern time. Yesterday was a record breaker for the largest drop in American history for the Dow and today may have that same kind of story to tell when the final closing bell for the week rings.
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