Half Of The Top Ten Dow Drops Have Been In 2018

[kaz]

Trump has never gone bankrupt.

He sure has.

According to a well-known anecdote, one day when he was $1 billion in debt, Trump pointed out a homeless man to his daughter and said, "See that bum? He has a billion dollars more than me." TheGuinness Book of Records lists him as having the biggest financial turnaround in history. "In the early 1990s, I owed billions of dollars and many people thought I was finished," says Trump.

Donald Trump on Failure

Being in debt isn't bankruptcy. Where do you get this shit? Trump has never declared bankruptcy

Another excuse-maker for the Goon. So who did file bankruptcies for those companies and casinos?
Who owned them PRIVATELY, not publicly-held in case that escapes your myopic uni-celled brain?
You cons love to deride liberals by saying the left doesn't believe in personal responsibility, don't you?
Just answer the questions.

You aren't liberal, you're a leftist. I'm a liberal. I believe in free speech and limited government infringement on our lives. There is nothing liberal about you at all, you're an authoritarian leftist. Wow, your sig shows that where you bewail that you have to listen to views that differ from your own and you miss the old days where you only had to hear views that are already your own leftist views.

As for your lack of knowledge about limited liability corporations. When you educate yourself a bit on that, let me know. I have no interest in giving you a 101 lesson.

But Trump has never declared bankruptcy. You're entitled to your own opinions. You are not entitled to your own facts

 

[WaitingFor2020]

kaz refuses to answer some simple questions.
Guess that nails him down to just another bag of Trump methane.

 

[WaitingFor2020]

Trump has never gone bankrupt.

He sure has.

According to a well-known anecdote, one day when he was $1 billion in debt, Trump pointed out a homeless man to his daughter and said, "See that bum? He has a billion dollars more than me." TheGuinness Book of Records lists him as having the biggest financial turnaround in history. "In the early 1990s, I owed billions of dollars and many people thought I was finished," says Trump.

Donald Trump on Failure

Being in debt isn't bankruptcy. Where do you get this shit? Trump has never declared bankruptcy

Another excuse-maker for the Goon. So who did file bankruptcies for those companies and casinos?
Who owned them PRIVATELY, not publicly-held in case that escapes your myopic uni-celled brain?
You cons love to deride liberals by saying the left doesn't believe in personal responsibility, don't you?
Just answer the questions.

You aren't liberal, you're a leftist. I'm a liberal. I believe in free speech and limited government infringement on our lives. There is nothing liberal about you at all, you're an authoritarian leftist. Wow, your sig shows that where you bewail that you have to listen to views that differ from your own and you miss the old days where you only had to hear views that are already your own leftist views.

As for your lack of knowledge about limited liability corporations. When you educate yourself a bit on that, let me know. I have no interest in giving you a 101 lesson.

But Trump has never declared bankruptcy. You're entitled to your own opinions. You are not entitled to your own facts

Hahahaha...Didn't think you would answer my questions.
Nice meltdown.

 

[WaitingFor2020]

Trump has never gone bankrupt.

He sure has.

According to a well-known anecdote, one day when he was $1 billion in debt, Trump pointed out a homeless man to his daughter and said, "See that bum? He has a billion dollars more than me." TheGuinness Book of Records lists him as having the biggest financial turnaround in history. "In the early 1990s, I owed billions of dollars and many people thought I was finished," says Trump.

Donald Trump on Failure

Being in debt isn't bankruptcy. Where do you get this shit? Trump has never declared bankruptcy

Another excuse-maker for the Goon. So who did file bankruptcies for those companies and casinos?
Who owned them PRIVATELY, not publicly-held in case that escapes your myopic uni-celled brain?
You cons love to deride liberals by saying the left doesn't believe in personal responsibility, don't you?
Just answer the questions.

You aren't liberal, you're a leftist. I'm a liberal. I believe in free speech and limited government infringement on our lives. There is nothing liberal about you at all, you're an authoritarian leftist. Wow, your sig shows that where you bewail that you have to listen to views that differ from your own and you miss the old days where you only had to hear views that are already your own leftist views.

As for your lack of knowledge about limited liability corporations. When you educate yourself a bit on that, let me know. I have no interest in giving you a 101 lesson.

But Trump has never declared bankruptcy. You're entitled to your own opinions. You are not entitled to your own facts

P.S.
His failed wine, steaks, casinos, airline were INCs.
But go on.....

 

[kaz]

...but yet the Dow is 25% higher than when the worthless incompetent affirmative action asshole was President.

And yet the the Dow rose 230% under that asshole. 7900 to 18,000. Now how did THAT happen?

So you're arguing that Obama was the President for the rich?

I'm providing a fact, without personal bias.
Look it up.
Oh wait, you phonies never look anything up.
Google is TOO HARD for you to use.

I didn't dispute what you said. How stupid are you?

I just pointed out that you're crowing how much money the rich made under Obama. It is a fact that the gap between rich and poor expanded under Obama. Rich are rich because they are smarter than you are. So when you vote for politicians to go after the rich, they make better decisions than you do and the gap widens, it doesn't narrow

 

[WaitingFor2020]

Still waiting for someone to answer simple questions about who was responsible for Trump's business failures....all six of them.
Anybody?
Nobody?
Bueller?

#1) Trump Taj Mahal (1991): The Trump Taj Mahal casino in Atlantic City opened in 1990, with Trump financing the completion of its construction with $675 million in junk bonds at 14% interest. By the following year the casino itself was in debt to the tune of $3 billion, while Trump himself owed some $900 million in personal liabilities.

In order to keep the Taj Mahal afloat, Trump struck a deal with his lenders in which he gave up half his ownership share and equity in the casino, sold his Trump Shuttle airline and his Trump Princess 220-foot yacht, and agreed to a bank-set limit on his personal spending in exchange for a lower interest rate and additional time to make his loan payments.

#2 and #3) Trump’s Castle and Trump Plaza Casinos (1992): Less than a year after the Taj Mahal bankruptcy Trump filed for Chapter 11 protection again for two more Atlantic City hotel-casinos, the Trump Plaza and Trump’s Castle, over their inability to make principal and interest payments on bonds. The Plaza ($550 million in debt) and the Castle ($338 million in debt) were competing against each other, as well as against the Taj Mahal, and Trump gave up a 50% share in exchange for more favorable terms on the debts.

#4) Trump Plaza Hotel (1992): Donald Trump filed for bankruptcy protection a third time in 1992 over the Trump Plaza Hotel on New York’s famous Fifth Avenue, overlooking Central Park in midtown Manhattan. Once again, Trump gave up a 49% stake in the property to secure more favorable terms from lenders on the luxury hotel’s debt of more than $550 million.

#5) Trump Hotels and Casinos Resorts (2004): In 1995, Donald Trump established Trump Hotels and Casino Resorts as a publicly traded company, an entity that eventually consolidated his three Atlantic City casinos (Trump Taj Mahal, Trump Castle, and Trump Plaza), along with other properties, under one company. In 2004, Trump sought Chapter 11 bankruptcy protection for the company, with filings listing about $1.8 billion in debt. Yet again, Trump’s ownership in the business was reduced, from 47% to 27%, in order to obtain more favorable terms from lenders.

#6) Trump Entertainment Resorts (2009): After its 2004 bankruptcy, Trump Hotels and Casino Resorts was renamed Trump Entertainment Resorts (TER), and that latter entity went Chapter 11 in 2009 with a debt of $1.2 billion. Trump fought with his board of directors over how to restructure the company and ended up reducing his ownership share of the business once again (to 10%) and resigning as chairman of the board.

 

[kaz]

You can thank Trump's trade war and accelerating deficits for this trend.

The Dow is still up 4,000 points since Trump took over.

And when Trump leaves office, I'll still be in favor of free trade and you'll be opposing it again like you did before Trump

I've never opposed free trade. I do not know why you make up lies. It's as if you can't stop yourself.

You are as bad a pathological liar as Trump.

You're lock step with the Democrats who are anti-free trade. You blast Trump and you're silent to them. Sitting in the getaway car during a robbery then telling the police you were against the robbery isn't going to get you anywhere.

These views you claim to have, SPEAK UP. No one hears you. Democrats don't either, they wouldn't like you so much if you said to them what you say to me you claim you think

Still waiting for you to answer questions about his bankruptcies and how they're not his fault. Waiting.

Trump never filed for bankruptcy, so how could they be his fault?

 

[WaitingFor2020]

...but yet the Dow is 25% higher than when the worthless incompetent affirmative action asshole was President.

And yet the the Dow rose 230% under that asshole. 7900 to 18,000. Now how did THAT happen?

So you're arguing that Obama was the President for the rich?

I'm providing a fact, without personal bias.
Look it up.
Oh wait, you phonies never look anything up.
Google is TOO HARD for you to use.

I didn't dispute what you said. How stupid are you?

I just pointed out that you're crowing how much money the rich made under Obama. It is a fact that the gap between rich and poor expanded under Obama. Rich are rich because they are smarter than you are. So when you vote for politicians to go after the rich, they make better decisions than you do and the gap widens, it doesn't narrow

I stated a simple fact. Really, you're quite the drama queen today.

 

[WaitingFor2020]

You can thank Trump's trade war and accelerating deficits for this trend.

The Dow is still up 4,000 points since Trump took over.

And when Trump leaves office, I'll still be in favor of free trade and you'll be opposing it again like you did before Trump

I've never opposed free trade. I do not know why you make up lies. It's as if you can't stop yourself.

You are as bad a pathological liar as Trump.

You're lock step with the Democrats who are anti-free trade. You blast Trump and you're silent to them. Sitting in the getaway car during a robbery then telling the police you were against the robbery isn't going to get you anywhere.

These views you claim to have, SPEAK UP. No one hears you. Democrats don't either, they wouldn't like you so much if you said to them what you say to me you claim you think

Still waiting for you to answer questions about his bankruptcies and how they're not his fault. Waiting.

Trump never filed for bankruptcy, so how could they be his fault?

Whose fault is it?
Just answer the question.
The buck stops where?
You can't.
You're a fucking phony.

 

[WaitingFor2020]

Trump's corruption and illegalities will trickle down through every level of the economy if he's not removed from office. If his bankruptcies weren't a clue then his $35,000,000 Trump University class-action law suit for fraud should have been. Not to mention New York state slapping his foundation for illegitimate fundraising practices. Only idiots who can't read voted for Trump. At least they can't read past the headlines, for sure.

 

[boilermaker55]

He and his businesses filed.....bankruptcy...
Trump’s companies have filed for Chapter 11 bankruptcy protection, which means a company can remain in business while wiping away many of its debts. The bankruptcy court ultimately approves a corporate budget and a plan to repay remaining debts; often shareholders lose much of their equity.

Trump’s Taj Mahal opened in April 1990 in Atlantic City, but six months later, “defaulted on interest payments to bondholders as his finances went into a tailspin,” The Washington Post’s Robert O’Harrow found. In July 1991, Trump’s Taj Mahal filed for bankruptcy. He could not keep up with debts on two other Atlantic City casinos, and those two properties declared bankruptcy in 1992. A fourth property, the Plaza Hotel in New York, declared bankruptcy in 1992 after amassing debt.

PolitiFact uncovered two more bankruptcies filed after 1992, totaling six. Trump Hotels and Casinos Resorts filed for bankruptcy again in 2004, after accruing about $1.8 billion in debt. Trump Entertainment Resorts also declared bankruptcy in 2009, after being hit hard during the 2008 recession.

Why the discrepancy? Perhaps this will give us an idea: Trump told Washington Post reporters that he counted the first three bankruptcies as just one.

You can thank Trump's trade war and accelerating deficits for this trend.

The Dow is still up 4,000 points since Trump took over.

And when Trump leaves office, I'll still be in favor of free trade and you'll be opposing it again like you did before Trump

I've never opposed free trade. I do not know why you make up lies. It's as if you can't stop yourself.

You are as bad a pathological liar as Trump.

You're lock step with the Democrats who are anti-free trade. You blast Trump and you're silent to them. Sitting in the getaway car during a robbery then telling the police you were against the robbery isn't going to get you anywhere.

These views you claim to have, SPEAK UP. No one hears you. Democrats don't either, they wouldn't like you so much if you said to them what you say to me you claim you think

Still waiting for you to answer questions about his bankruptcies and how they're not his fault. Waiting.

Trump never filed for bankruptcy, so how could they be his fault?

 

[Flash]

...but yet the Dow is 25% higher than when the worthless incompetent affirmative action asshole was President.

Yeah, we took quite the dive in Dubya's last year, didn't we. Don't remind us.

I understand O'bama did that. With his magic time machine app on the teleprompter.

Not only was it Bush's last year but it was two years into that filthy ass Democrat elected Congress that screwed everything up.

Bush did fine for six years until those asshole Democrats came along.

You know that Congress, don't you? The one with Tits Peloski, Dirty Harry, Barney Queerboy and that piece of shit Senator from Illinois.

Of course in the eight years that affirmative action dumbass Obama was President (using Bush's last day) Obama managed to increase poverty, decrease family income, astronomically increase debt, increase income disparity and have dismal economic growth. The first President to never get even a paltry 3% growth in his administration.

Stop trying to blame Obama's failures on Bush. It just makes you look like an idiot.

Obama was by far the worst President we ever had.

 

[Meathead]

...but yet the Dow is 25% higher than when the worthless incompetent affirmative action asshole was President.

And yet the the Dow rose 230% under that asshole. 7900 to 18,000. Now how did THAT happen?

How did this happen?

 

[WaitingFor2020]

Nominal gains and losses are irrelevant. Don't you know ANYTHING about investing?

And wow, yet another self serving post intended to benefit the Democrat party. What are the odds, that's all I see from you and you're a Republican! It's incredible. I need to buy a lottery ticket ...

There's no such thing as "the Democrat party [sic]. Don't you know ANYTHING about politics?

If these mood-swing tanks over the last ten weeks are what you're calling "nominal", I'm tired of "winning", K? See what you can do. Hook a brutha up. I'm was still in the red before today's nosedive, I don't need this shit.

Sorry, Pogo.

That's OK. The shock of the realization came back in November of '16. We all knew it was coming.

Yup. All rosy because Trump promised deregulation and then delivered. But like all True sociopaths, he destroys and undermines everything he creates, too. Six bankruptcies should have been enough for most reasonable people to not vote for him in the first place.

If only we had screamed warnings from the rooftops before they took us down that road.

Oh wait --- we did, didn't we.

All you can do is lead them to the water.

But you can’t make them think.

 

[WaitingFor2020]

...but yet the Dow is 25% higher than when the worthless incompetent affirmative action asshole was President.

And yet the the Dow rose 230% under that asshole. 7900 to 18,000. Now how did THAT happen?

How did this happen?

Look at the biggest growth, under Dems.
Your chart should have a tick mark in 2008 for the Worst recession since 1929

 

[flacaltenn]

You can thank Trump's trade war and accelerating deficits for this trend.

It's not a trend.

I've been watching the markets today, and the Dow is currently down 731 points. That will put it in the top ten drops of the Dow of all time.

That's the fifth time in 2018 a single day Dow drop has hit the top ten.

ALL TIME?? Really. A statistical crap flinging exercise? You tried REALLY HARD to find some bad news here.. But it's virtually meaningless in the context of market motion. Dailies only concern the VIX (market volatility) not the over all trend or health.

Secondly -- all the rankings should be BY PERCENT. Not by value. Because if you're TRYING to make this meaningful --- A 5% drop on a 10K market is half the bucks of a $20K market.

WEEKLY or MONTHLY or YEARLY are informative. Dailies are not.

Have fun with the show. Do you do children birthday parties??

 

[WaitingFor2020]

That's our g5000. On one hand, he's a petty, hateful, greedy, ignorant leftist. On the other hand ... hmm ... sorry, that's all I've got ...

here are the top 20 percentage losses in one day.

1 1914-12-12 54.62 −16.80 −23.52
2 1987-10-19 1,738.74 −508.00 −22.61
3 1929-10-28 260.64 −38.33 −12.82
4 1929-10-29 230.07 −30.57 −11.73
5 1929-11-06 232.13 −25.55 −9.92
6 1899-12-18 58.27 −5.57 −8.72
7 1932-08-12 63.11 −5.79 −8.40
8 1907-03-14 76.23 −6.89 −8.29
9 1987-10-26 1,793.93 −156.83 −8.04
10 2008-10-15 8,577.91 −733.08 −7.87
11 1933-07-21 88.71 −7.55 −7.84
12 1937-10-18 125.73 −10.57 −7.75
13 2008-12-01 8,149.09 −679.95 −7.70
14 2008-10-09 8,579.19 −678.92 −7.33
15 1917-02-01 88.52 −6.91 −7.24
16 1997-10-27 7,161.14 −554.26 −7.18
17 1932-10-05 66.07 −5.09 −7.15
18 2001-09-17 8,920.70 −684.81 −7.13
19 (tie) 1931-09-24 107.79 −8.20 −7.07
19 (tie) 1933-07-20 96.26 −7.32 −7.07

Not one in the 2010's at all.

Yes, a long way off. The 20th all time drop was -7.07% per your chart and the largest this year was -4.6% per g5000 the left Democrat's data

Technically this also puts Obama in the clear for ever having a top 20 percentage drop.

W


It sure does, but George the dumbest on the other hand...

Yes, people who disagree with you are "dumb." Oh, and they are evil too. Typical leftist. Can't argue your positions logically, so it's right to the personal attacks.

W was a terrible speaker and a terrible President, but pull your head out of your ass, he wasn't dumb.

You’re not providing anything here except overly dramatic opinion.

 

[kaz]

kaz refuses to answer some simple questions.
Guess that nails him down to just another bag of Trump methane.

Trump hasn't gone bankrupt. Your repeating your lie that he has doesn't make it true

 

[flacaltenn]

It's going to get worse. As the Fed raises rates the DOW drops.

Not if you consider that the Treasury is SATURATING the bond market. Harder to SELL that crap when you're prodding China with a sharp stick. So it makes corporate/muni bonds MORE competitive the higher the DEBT goes. The market LOVES that motion..

 

[Meathead]

...but yet the Dow is 25% higher than when the worthless incompetent affirmative action asshole was President.

And yet the the Dow rose 230% under that asshole. 7900 to 18,000. Now how did THAT happen?

How did this happen?

Look at the biggest growth, under Dems.
Your chart should have a tick mark in 2008 for the Worst recession since 1929

Quite simply, Obama is the only president since Hoover who didn't have a single year of 3% economic growth. That despite inheriting an economy which should have made 3% growth over the previous year a piece of cake.