Drudge Retort: The Other Side of the News

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Monday, August 05, 2024

Wall Street's stock sell-off intensified in a major way Monday as concerns mounted over the health of the US economy. The Dow Jones Industrial Average (^DJI) fell over 1,000 points. The Nasdaq Composite (^IXIC) was crushed by more than 3.4%. The S&P 500's (^GSPC) losses cascaded nearly 3% in its worst day since 2022, capping its worst start to any month since 2002. Wall Street's "fear gauge" " the CBOE Volatility Index (^VIX) " touched its highest level since the early days of the COVID-19 pandemic, before retreating. Treasury yields fell, with the benchmark 10-year Treasury yield (^TNX) hovering near 3.8%.


Comments

"Yeah, it's called the baby boomers' retirement
#36 | Posted by Danforth"

So, baby boomers only retired in 2024? I ask as employment for native born went UP in EVERY SINGLE YEAR SINCE 2011 other than 2021 (due to covid) including 2022 and 2023. So, 2024 we had some mystery spike in mass-baby boomer retirement not seen before and was in no way due to the ---- economy?

fred.stlouisfed.org

You are delusional as are the rest of the libturds. Time for you to face facts - the problem is the economy and that is Bidenomics in a nutshell. Biden's economy works wonders for immigrants but leave Americans behind - which is why Kamaltoe is trailing in all the swing states.

"For example, it's not about Walz's strength or credibility that earned him Democrat nomination for VP
#228 | Posted by horstngraben"

I posted this before for you -------- but I will post it again so that you can repeat it as your own original thought in your libturd friend circle and actually sound smart for once:

Unless the Dow drops 15% or Israel and Iran start lobbing missiles at each other, Trump will not pick up a single voter between now and the election. On that same note, there will not be a single voter that switches from Trump to Kamala either. And given Trump enthusiasm is still at all time highs, his voter count is more or less set at this point.

This is similar to Kamala with the noted exception being: Dem turnout is the big unknown. The election in the next 90 days will be determined by how successful the Democrats are at turning out low information voters - the choice for those that decide the election is not between Kamala and Trump - it is between Kamala and staying home.

Meanwhile, the GOP playbook IS NOT about winning over women (as said above, that is not going to happen) - it is about defining Kamala and the Democrats as a party so left and radical that independent voters are too embarrassed to actually vote for them. They may hate Trump - but not to the degree that they would vote for Dems and will choose to simply sit it out.

In that regard, Walz does NOTHING to help the libturds. His policies are straight up weird - like tampons in boys' bathrooms, supporting BLM burning down his cities, abortion up until birth (and even after in some rare cases), and sex changes without parental consent. If you can convince that voting Democrat means you OWN all those stances, the normal ones will opt out and stay home.

That is why we will see Kamy's "run to the middle" starting ASAP. The VP is not going make her look normal - so, she will need to lie about her stance on policies and hope libturds have no memories or ability to Google her past so she can present herself as a centrist.

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