CNN reporter on Wall Street: It was a bloodbath

CNN reporter on Wall Street: It was a bloodbath 1

 

CNN's Cristina Alesci explains why the Dow fell 800 points after the bond market, for the first time in over a decade, flashed a warning signal that has an eerily accurate track record for predicting recessions.
#CNN #News

68 Comments on "CNN reporter on Wall Street: It was a bloodbath"

  1. william demby | August 14, 2019 at 8:23 PM | Reply

    Ok Republicans setting the country back, what’s new?.

    • Scribbles Scribbles | August 15, 2019 at 10:13 AM | Reply

      You are clearly not an economics major. Presidents don’t manipulate the economy, the federal reserve does. The fed “recovered” from the last recession through “quantitative easing” or, in layman’s terms, “propping it up with toothpicks”. Seriously, look it up. This goes as far back as Nixon.

    • @Anthony Vrooman Please give an example how President Trump said something racist. You seem HOMOSEXUAL or someone that accepts HOMOSEXUALS.

    • Russell McAfee | August 15, 2019 at 10:33 AM | Reply

      @Scribbles Scribbles I think you attribute way too much authority to the Fed. They have the power to influence borrowing and temporarily inject liquid onto the market by holding bonds and other gov assets, and thats about it. Debt is the authority. The demand for goods is always there. The need to work to pay/avoid debt is what runs the economy. Policy influences the labor market more than the Fed

  2. James Charles | August 14, 2019 at 8:26 PM | Reply

    If the stupids vote for the Orange Head again, expect extreme volatility in the markets that will create chaos on wall street.

    • Maybe he should only be president of the stupids

    • Shut up go cleanup aisle 9 working class fool.

    • @Scuba Steve You are working class also. You just have a low IQ.

    • Yup going to be a recession. Just like Trump conspired with Russia. Just like Trump is going to get impeached. Just like the left doesn’t instigate violence. How can you fucks still be butt hurt from 2016? We delt with your shitty Obama for eight years.

    • Snaggle Toothed | August 15, 2019 at 12:27 PM | Reply

      @GotTwins29 Obama brought us out of recession, not into one.
      You manipulated, barely educated, imbecile.
      People like you hold back this nation worse than any epidemic of disease could.

  3. Pyro OneExSeven | August 14, 2019 at 8:40 PM | Reply

    Donald’s # 7 Bankruptcy.. and boy oh boy is going to be a doozy, ,,, but hey, at least the Dems will be there to bail America out,

  4. Wonder if Trump is gonna try and blame Obama for the new recession?🤔

  5. DeathCeroKing | August 14, 2019 at 8:52 PM | Reply

    The moment they said “don’t worry” it was time to definitely worry.

  6. Bruce McDonald | August 14, 2019 at 8:54 PM | Reply

    It must all be fully under control because trump is confident enough to take a two week family vacation. RIGHT?

  7. Good economy = Donald Trump
    Bad economy = Everybody else’s fault

  8. Republicans; if Trump could only run the country like a business! 😆😆😆😆

  9. The rich will come in and buy everything for cheap and further consolidate their wealth.

    • Pete Fraser Again ?

    • Maybe that’s Trump’s plan, wreck the economy, buy up the real estate.

    • @Colin Silver Trump claims he made LOTS of $$$ in 2008 and during the 2016 campaign he was extremely dismissive about the millions of jobs lost and millions of homes foreclosed on because of 2008.

    • @Colin Silver Yeah, but it seems like his history is, wreck his business. and then wreck his next business, and then wreck his next business, and so on and so on………….never got to that last part……….why he was 1.7 billion in debt

    • I believe this is the plan now…

  10. Linda Hidalgo | August 14, 2019 at 9:48 PM | Reply

    Professor Richard Wolff has been predicting this scenario since Trump came in office.

    • Linda Hidalgo This was the Federal reserve who created this dummy. They are private and not part of the government 🤦‍♂️SMH

    • @Thomas Marshall Pretty much every president ever has driven the market to a historic high. As a percentage growth of the Dow, Obama got 70% his first 4 years and 42.5% his second four years. Trump is currently at about 25% growth with a year and a third left. I doubt he’ll even catch Obama’s second term.

    • @Thomas Marshall
      The debt under Obama was accumulated because of the bailout of the banks.
      Guess who profited most from it? The rich upper class. Bailing out the banks allowed them to keep and even increase their wealth while the common people had to bear the debt.
      And still Obama managed it to bring back the US economy to a growing pace.

      However most of the economical growth ends up in the hands of the rich people while the middle class and the working class suffers a lot.

      And what is Trump doing? He managed to get tax cuts for the rich.
      He also started trade wars with China and the EU because the interest rates of the Federal Reserve were too high in his opinion. This forced the FR to reduce the interest rates to stabilize and boost the US economy.
      But this boost is only superficial because it mostly ends up profiting the rich upper class.
      It doesn’t help much if you have an all high stock market but the common people aren’t able to profit from it because their wages aren’t growing as much as necessary. It’s not the rich people who keep the economy running in the end. That is mostly accomplished by the common people.

  11. Trickled down economics people!

    This is what happens every time you vote republicans in power!

    • @Scuba Steve Hey clown, Hilary never invented it, it is you retards that keep repeating how successful it will be even though it is not! Lol

    • We need trickle up economy Yang 2020!

    • Trickle down doesn’t work but neither does tax tax tax. Ask CA how that worked or Seattle. Both sides need to figure out that we need a balance.

    • @Michael 0788 wait how do you know that ? We have never done universal basic income trickle-up economy how would you know are you a time-traveler?

  12. Raymond McComas | August 14, 2019 at 9:52 PM | Reply

    Trump’s recession will make Bush’s Great Recession look like Happy Days !!!

  13. No bailouts this time. I will go protest on the White House lawn.

  14. Blake still in the game | August 14, 2019 at 10:03 PM | Reply

    How did this happen? I mean didn’t this country elect a stable genius, Even though the so called stable genius filed bankruptcy 6 times 🙄🙄🙄

    • @Robb El We should deport u

    • @Robb El look a racist and also a uneducated moron

    • @Mike Ross 99% of White North Americans are uneducated and moron they use their big mouth to cover their legendary stupidity and this is why the devorce rate is 100% in marrage with White North American girls and females.

    • Michael Hodges | August 15, 2019 at 11:52 AM | Reply

      @TheOsmanly calls 99% of White North Americans uneducated while misusing correct grammar.. it’s moronic not moron, and misspelling divorce, not devorce. I can tell you aren’t the 1%

    • Michael Hodges | August 15, 2019 at 11:58 AM | Reply

      @Blake still in the game so do you own your own business? Are you a Billionaire? I doubt it, so until you are I would keep quiet about someone’s business practices

  15. Olmo Barragán | August 14, 2019 at 10:21 PM | Reply

    Trump is going to be golfing during at the same time he left the economy heading to a crash. Sure he is winning the trade war by destroying trade.

    • You’re a moron stock goes up and down it’s not a bloodbath if you look at history every 5 years we have a recession we’re at the 9th year look it up stupid the time to buy

  16. Donald Trump is not making America great again. High tariffs on China is costing our economy.

  17. “Hello, my name is Donald J. Trump. The ‘J’ stands for genius.”

  18. Henry Martinez1060 | August 14, 2019 at 10:40 PM | Reply

    THANK MR TRUMP WHITE SUPREMACIST LEADER WITHOUT AN IDEA WHAT HE HAS CREATED.

  19. At least trump was honest on this one….. he’ll run the country just like his businesses

  20. Independents: mad quantities of people are dying, the planet is dying, our morals and values are dying under this president!

    Republicans: yeah…but… THE ECONOMY IS GREAT! 😄

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