"Wall Street had another very bad day yesterday. How bad? Well, the S&P 500 fell to its lowest level of the year, and the Dow Jones Industrial Average lost over 500 points, bringing its two-day losses to more than 1,000 points after a bad day last Friday.
Actually, yesterday’s very bad day is only a snapshot of what is officially a very bad month for Wall Street and a very bad year for the S&P 500. The Dow and S&P 500 are on track for their worst December since the Great Depression in 1931, down approximately 7% so far for the month. And the S&P 500 is down over 4% for the year.
Meanwhile, the Federal Reserve is holding its last policy meeting of the year and will likely be announcing an increase in interest rates tomorrow due to economic uncertainty surrounding Trump’s trade war and a shaky global financial market.
So, it should come as no surprise that Trump spent time on Twitter yesterday spreading fake news about the imaginary success of his economic policies while simultaneously criticizing the Feds for tomorrow’s likely interest rate increase."
You know how it goes. A lie that is told 1000 times eventually becomes the truth.
Jose Watson
Just wait.
Lets see how he plays the fed in the next year. He could still be our guy
Christian Williams
i know like the "world war 2", how do we know it really happened!?
Easton Hill
hopefully he completes his guns ban and starts rounding up gullible 2a people
Noah Hughes
Flaming retard despot: he did not ban guns. He banned (unregistered) bump stocks, which is almost unenforceable at this point, because they don't know who exactly has the bump stocks. Bump stocks are just a certain type of stock you could purchase for your rifle. And by the way, even though they are fun to fire with, they are very hard to shoot accurately with because the rifle goes all over the place when your aiming and shooting it off.
Second of all: we have over 100,000,000 gun owners. You calling to arrest 1/3rd the entire US population!? Fuck you despot, it would cause a civil war.
Chase Morris
funny how obama was more pro-gun than trump
Jace Walker
He did sell more guns than anyone else did due to his fear mongering, but couldn't keep the gun ban promise because republicans blocked him. And even if he had, it would have been challenged all the way to SCOTUS. Luckily we have SCOTUS on our side when it comes to this issue. Clinton's gun ban was repealed a decade later, and guess what? I still kept my guns illegally hahahaha!
Julian Fisher
Reminder: only faggots who like bureaucrats fucking them up their butts want a disarmed population. All those faggots can go get fucked.
Josiah Taylor
now republicans have power and are swifly working on banning guns. really get teh noggin joggin
trips of "what is the end of the year sell off?" Check stockmarket for years past in the end of Dec and you'll see the same thing. more evidence of fake news. Jim Kramer could tell us about this. any stock market worker could. but yet, the media will not talk about the end of the year selloff. Biug swing in market value are a good time to day trade. (don't gamble with what you can't loose, I am not a stock market professional, results may vary.)
Golly, they haven't even raised the rates but there is rumor they "likely will." No one bother to notice the entire system of currency evaluation is a con game.
"We're scared because the WTC got buttafuocoed, so let's have eighteen years of recession. Let's not build anything, transfer it all to Eurasia, and leave the American people on a welfare check. It's only an entire generation we're fucking up the asshole. We are divine gods on this planet. It says so in the Kabbalah."
Leo Mitchell
Try four rate hikes this year alone.
Hunter Cruz
I'm sure it has nothing to do with his ridiculous tax cuts to the rich. Those motherfuckers should be paying 50% in taxes. And they'll still be making more money in a year than the average American makes in their lifetime. And they have the audacity to complain about this? They should all be murdered and their wealth forcibly taken by the government if they refuse to pay their fair share.
Logan Campbell
Just like Bill Maher said, they'd rather see the economy tank than for Trump to get credit for a booming economy. The FedRes itself announced that they would be raising interest rates in response to the high economy.
Our enemy is the jew, and they work in concert to destroy our nations.
Nathan Cox
It still takes most of those people 30 years of hard work to save up enough money to buy real capital; like a country club or a franchise chain.
If you tax those people 50-75%, it will take them too long to ever man an individual achievement.
With such large percentages being taken from those people, you give financial institutions and existing corporations an extreme advantage.
Zachary Peterson
(((FED)))
Isaac Mitchell
they kept the rates low under Obama and didn't raise them when they should have
now are trying to raise shit to preemptively slow trump booming economy in hopes of getting Hillary elected in 2020
its bullshit and you know it
Brandon Kelly
Actually to be fair, communists know NOTHING about economics so don't even try explaining this to them, they have NO CLUE.
UPDATE: Trump MIGHT Have Changed His Mind About Funding Govt, Cuckservatives RINOs Now Scared
President Donald Trump is facing scathing criticism from conservative supporters after backing away from his threat to shut down the government over border wall funding, with some aggressively lobbying the president against signing a short-term deal with no wall dollars.
Trump has not said if he will support a temporary funding measure approved by the Senate, though his White House has made clear it will review whatever can pass Congress. Urging him to veto, Trump’s critics argue he will have even less leverage when Democrats take control of the House on Jan. 3, and they worry that the unfilled pledge for a U.S.-Mexico border wall could hamper his re-election campaign.
As the chorus of discontent echoed on Twitter and Fox News on Wednesday and Thursday, the president seemed to be mounting a defense. He tweeted angrily at Democrats, declaring “I will not sign any of their legislation, including infrastructure, unless it has perfect Border Security.” He also argued that border security is “tight” due to military and law enforcement efforts.
Throughout Trump’s 2016 presidential campaign, “Build the wall!” was a rallying cry for his supporters. Trump supporters sought to remind him of that as they pushed him to veto the short-term plan.
On “Fox and Friends” on Thursday, Rep. Mark Meadows, R-N.C., said: ”“If we’re not going to fight now, when are we going to fight?”
Trump is hardly the first president to be confronted with the challenges of passing a legislative priority through Congress, but the lack of progress on an issue so closely identified with his bid for the White House may prove to be a costly failure. He had promised to begin working on an “impenetrable physical wall” along the southern border on his first day in office, but little headway has been made. A March funding bill included money for 33 miles (53 kilometers) of barrier construction in South Texas’ Rio Grande Valley, but work there has yet to begin. Other work has merely replaced existing barriers that had been deemed “ineffective,” not added miles.
The president’s allies expressed anxiety Wednesday that Trump was, in the words of some, “caving” on the wall and warned of the potential backlash from his supporters and the impact it could have on his 2020 re-election effort. The failed promise, they argued, could weaken turnout and leave him more vulnerable to challengers.
FOOLS: Amazon Sends Couple's Intimate Alexa Recordings To Wrong Person
Amazon accidentally sent the wrong person approximately 1,700 audio files and a PDF containing transcripts of intimate conversations - all recorded over the company's in-home echo assistant.
In August 2018, a German Amazon customer took advantage of the EU's General Data Protection Regulation (GDPR) to request whatever personal data Amazon had on file about him. Several months later, he received a link to download a 100MB ZIP file, according to German news outlet Heise.
About 50 of the zipped files contained data relating to everyday things like Amazon searches, but there were also around 1,700 WAV files and a PDF cataloging unsorted transcripts of Alexa’s interpretations of his voice commands. Schneider was extremely surprised to find these files as he doesn’t use Alexa and doesn’t own any Alexa-enabled devices. He listened to some random sample files but didn’t recognize any of the voices they contained. -Heise
The man emailed Amazon on November 8 to notify them that they had sent the wrong customer's information, asking who they belonged to. When he hit a dead end, he contacted German computer magazine c't - feeling that the victim should be found and informed about the data breach which covered the entire month of May.
We asked him to send us some of the files (confidentially of course) so that we could get an idea of what they contained. They enabled us to piece together a detailed picture of the customer concerned and his personal habits. It was obvious that ‘Customer X’ uses Alexa in multiple locations. He has at least one Echo at home and has a voice-controlled Fire box connected to his TV. A female voice also spoke to Alexa, so there was clearly a woman around at least some of the time. -c't via Heise
The Alexa device was able to hear the customer in the shower - as well as commands given to thermostats and other smart devices around the house. The man used Alexa at home, on his smartphone and when he is out and about.
We were able to navigate around a complete stranger’s private life without his knowledge, and the immoral, almost voyeuristic nature of what we were doing got our hair standing on end. The alarms, Spotify commands, and public transport inquiries included in the data revealed a lot about the victims’ personal habits, their jobs, and their taste in music. -c't via Heise
The investigative team was able to quickly identify the customer and his female companion based on first names, last names, weather queries and other information which led them to public data from Facebook and Twitter. When they could not find any contact information for the customer, the c't investigators asked Twitter to request that the victim contact them - which they did. The victim immediately called back, and was "audibly shocked" when they revealed what Amazon had accidentally sent to a stranger. The man confirmed that the investigators had correctly identified his girlfriend, and then began running through everything he and his friends asked Alexa - wondering what secrets they may have revealed.
Amazon responded to c't's inquiries on what happened, calling it an "unfortunate mishap" which they had "resolved."
This point can't be stressed enough, anyone who thinks the federal reserve isnt culpable or that it is independent is a dangerous retard.
Jaxson Barnes
BASTARD AMERICANS!!! WHATEVER HAPPENED TO "QUANTS"!!!!! I THOUGHT THEY COULD PREDICT EVENTS LIKE THESE!!!!! I GUESS THE JEWS HAVE FAILED, AT LAST. LIKE ALL THINGS MATH, THE JEW THEORIES OF STATS & PROBABILITY WERE COOKED-UP LIKE THEIR UNREADABLE CROOKED SPAGHETTI HEBREW :D
