So much winning. Dow Jones down 600 points.
So much winning. Dow Jones down 600 points.
Dow plunges more than 800 points in worst drop since February, Amazon and tech shares lead the rout
The tech sector had its worst day in seven years, leading the Dow to its worst day in eight months.
"People are getting out of the high-flying tech names right now," says Larry Benedict, CEO of The Opportunistic Trader. "I think people are under-hedged; there could be more pain ahead."
Read more
https://www.cnbc.com/2018/10/10/us-m...-in-focus.html
Trump Steps Up Fed Pressure With ‘Gone Crazy’ Jab After Sell-off
Latest attack on central bank for interest-rate increases
Downplays significance of ‘correction’ he says he expected
President Donald Trump slammed the Federal Reserve as “crazy” for its interest-rate increases this year in comments hours after the worst U.S. stock market sell-off since February.
“The Fed is making a mistake,” he told reporters on Wednesday as he arrived in Pennsylvania for a campaign rally. “They’re so tight. I think the Fed has gone crazy.”
Trump’s latest attack on the U.S. central bank appeared to blame the Federal Reserve for a stock rout that market analysts mostly attributed to fresh concern about his trade war with China. Trump has been publicly criticizing the Fed since July for interest-rate increases and declared he was “not happy” in September when the central bank raised rates for the third time this year.
https://www.bloomberg.com/news/artic...espite-selloff
Jeff Bezos's Fortune Just Dropped $9.1 Billion
https://www.bloombergquint.com/marke...thy#gs.rjqXJIA
This worth a read. It's by Olivia Nuzzi writing in the New Yorker magazine.
My Private Oval Office Press Conference With Donald Trump
Just in time for the mid terms.
Result!
Considering there was a break in the transcript which was off the record, I'd say he knew well enough. He's so confident of himself he would have had no idea how stupid he sounds when it's not just sound bites. Sound bites from him sound stupid, but he waffling is stupider.
it's fooking hilarious, that said, what else there is to say, really ?
Obama would lecture journalists with non-sense crap that meant nothing, except they were very well said and articulate, all talks, no actions
Trumpo at least is what he is, a jet set billionaire with nothing to say, would probably say the same boring crap at an expensive party if anyone would hear him, but people would usually escape and not bother listening to him
here, journalists have no choice. The problem is not really Trumpo, but the obsession of the media with the POTUS, any POTUS, like it was a position that would save us from everything, in a god position
We had God, his name was Obama, and couldn't do fuck all
the POTUS is about PR, he doesn't do anything, and can't do anything. The real power is Congress and the Deep state at the Pentagon. Next time, you can vote for Ophra and it wouldn't change a thing.
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It's a long report, but I can't link the original source.
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Donald Trump's supporters rain down insults, boos and laughter at reporters kept in media pen at Iowa rally
It started badly and then just got weird. Arriving at the mid-America arena in the city of Council Bluffs, Iowa, we were drenched in cold rain — part of a front that even brought early snow to nearby Nebraska.
Our plan to get the views of flag-clad Donald Trump supporters queuing to see the President literally had cold water poured on it and we ran for the press entrance.
No worries — we'll just mingle and find some people to talk to inside, I thought. But, no.
When we picked up our press pass we were ordered straight to a media pen where we would be effectively caged with volunteers guarding the only break in the fence.
I protested but was told, even though there were at least 10,000 people present with the leader of the free world arriving soon, it was a "private" event. Say what?
After the rule imposer took a phone call we began to edge away but were intercepted by a White House aide and told to take our place in the pen.
To be fair she was polite, professional and funny as we trudged back to our home in the cage.
Contained in a cage
With two hours at least until the President's address and our objective unfulfilled, I was left to make pleading eye contact and gestures at the many fans already in their seats.
An older guy in a navy hat obliged and came down for an interview, him on one side of the fence and me on the other.
He returned to his seat with a message from me and another four fans from high school age to pensioner came down to chat.
They were all polite, engaged and helped us achieve the aim of our rather lengthy trip to gauge the mood of the President's supporters ahead of the mid-terms.
While they seemed to enjoy the conversation, their demeanour changed markedly later (more on that later).
With time still to kill, I needed to go to the bathroom but had to have an elderly volunteer escort me lest I wickedly try and get direct perspectives from Trump voters.
Again, being fair — he was a lovely bloke.
He told me he couldn't be on his feet too long so he was getting his shift in early as he wanted to sit later and watch a President live for the first time in his life.
Thankfully he let me into the cubicle unaccompanied but as soon as I emerged my elderly chaperone shuffled me back to our little square cage surrounded on its four sides by the local faithful.
I got back just in time for the first warm-up speaker who predictably railed against the press.
I saw the faces of the people I'd just interviewed become animated and angry as they yelled at the reporters and camera operators in the pen.
This continued on and off as speaker after speaker including the President exhorted the crowd to lob insults.
That would result in people on all four sides raining down insults, boos, laughter and finger pointing.
A tramp chair comes to mind
It was never unsafe and I don't want to give a false impression that it was anything more sinister than loud mockery.
It was an extremely odd experience though to be effectively trapped while the people whose views you'd taken trouble to seek out shouted things at you over a couple of hours.
Media restrictions at campaign rallies are standard now, but not usually confined to such a small space and with such barriers to accessing the faithful.
It reminded me of reading about the aptly named tramp chair — a 19th-century instrument of humiliation where undesirables were strapped into a metal chair and pushed down the street for people to yell insults and for kids to poke them with sticks.
One young filmmaker who was in the crowd undercover came over to the pen and told me he was too afraid to approach people for interviews.
I'd earlier eyed him enviously, seemingly free to walk around and chat to whoever he wanted.
Turns out he was scared and just ended up furtively taking photos of people and pretending he was just there for the rally.
That restrictions left him too fearful to seek views seemed an own goal.
The fact that more than 10,000 people were there on a rainy Tuesday night left me with the impression the looming blue wave will still face serious red opposition and surely that's a story Republicans want to be told.
And yes, I can confirm it's true what the President has said before, that people were queueing outside and watching on screens — even in the rain.
I can also confirm though that the complaints about why they weren't being filmed are because we were stuck in the bloody pen, rather than bias by omission.
Why do they insist on disrespecting the flag so.flag-clad Donald Trump supporters
This link works;
Donald Trump's supporters rain down insults, boos and laughter at reporters kept in media pen at Iowa rally - Donald Trump's America - ABC News (Australian Broadcasting Corporation)
Weird, it doesn't once it's on here.
Oh well.
Aussie ABC news links don't work.
It's not that, I pasted it into Notepad first and it was intact.
Something on here is wiping out the domain name.
Mods?
They always come up as xxx.xxx.....dunno what the problem is
copyright issues, probably owner got an email about the hot linking
in 2016 trump said the bull market was a bubble manipulated by low interest rates.
in 2018 trump says the bull market is legit and fed is 'crazy' and 'loco' for raising interest rates.
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