A week before Trump begins his second term, U.S. stock and bond markets are rebelling. But against what? I’ll explain below. Stocks initially rose after Trump won the 2024 election, but all three major indexes (the Dow Industrial Average, Standard and Poor’s 500, and NASDAQ) are now belo[...]
Posts Tagged ‘Stock Market’
October 29th, 2024 - 7:43 pm § in Donald Trump, Politics
Can “Trump Media” traders do math?
“There are lies, damned lies, and statistics,” the bromide goes. But statistics don’t have to be manipulated to mislead you; all you have to do is misinterpret them. So it is with Trump Media stock, ticker symbol DJT, which has exploded upwards a week before the 2024 election as (a[...]
March 22nd, 2020 - 3:36 pm § in Economics
How to correctly interpret this “stock market crash”
When you buy stock, you become a part-owner of the company, but in practical terms you’re buying a share of the company’s future earnings. The market prices of shares continually fluctuate, and at any given time, they’re worth whatever investors are willing to pay for them. This is[...]
March 6th, 2015 - 3:02 pm § in Misc.
Stocks plunge on strong hiring
The Dow Jones Industrial Index, the most widely-watched stock market indicator, plunged by 278 points today, after the Labor Department’s February jobs report showed unexpectedly strong job creation, with nearly 300,000 workers hired last month. This plunge might be hard to comprehend especial[...]