Monday, March 27, 2017

STOCK MARKETS TUMBLE AS TRUMPS REPEAL AND REPEAL STUMBLES

Repeal and Replace was always a joke the republicans planned to play on their constituents. The GOP wanted to Repeal and Repeal and Repeal Obamacare so they could get 600 million to 1 trillion dollars in taxes back to the one-percent or at least back to where that money would do the one percent some good.

The stock market stumbling is how you know The One Percenter's Agenda has actually taken a hit. 



Feeling Rebloggy 

Headline

Stocks tumble as doubts over Trump’s agenda build
U.S. stocks fell on Monday, extending the market’s recent weakness as investors reassessed the prospects for President Donald Trump’s ambitious economic agenda after a Republican plan to repeal and replace Obamacare was scrapped last week.
The Dow Jones Industrial Average DJIA, -0.29%  lost 104 points, or 0.5%, to 20,493. The DJIA has finished lower for seven consecutive sessions. An eighth straight loss Monday would mark the longest losing streak for the blue-chip average since August 2011.


Read More:
http://www.marketwatch.com/story/dow-futures-slide-more-than-150-points-as-doubts-over-trumps-agenda-build-2017-03-27

The stock market may recover shortly. But if Trump's agenda takes repeated hits, it'll stay down for a while.  If the democrats have any sense, and that's doubtful most days, there should be some corresponding benefits for the middle class and especially the poor. 

The first thing the democrats need to do is fix Obamacare while showing DJ the Chump for the unAmerican coward that he is. His hoping that Obamacare implodes leaving millions without healthcare is unacceptable.