Tuesday, December 18, 2018

The Economy - Didja Notice?

On election day, the Dow stood at 26,180 and change. Today, as of 10:03 EST, it's at 23,900, a loss of 2880 points.

The Dems don't get to start warming their chairs in the House for another month yet, and the Dow is down 11%. You'd think the Dems had taken the whole banana and Hillary was about to name BHO as her chief economic adviser. Still, the DJIA is a forward-looking indicator so maybe the market mavens see something coming that we don't, and the MSM won't.

Remember, if the market crashes, the only thing to change is the makeup of the House so that would be the place to lay the blame.

Since taxation and spending bills originate in the House, and the House seems to be preparing for 2 years of all out effort to overturn the results of the '16 election and nothing else, maybe there is some cause to worry.

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