Dow plunges over 900 points after weak jobs report sparks recession fears

6 comments

1. Ouch. Could keep dropping all day. People may not want to buy on a Friday. Who knows what bad geopolitical news will hit on the weekend. Iran may hit Israel with just missiles. No slow drones.

2. This is 100% about geopolitical tensions and not about the fear of recession. If there were fear of recession, the Fed would have cut rates this week.

3. Good time to buy.

   This is always how it goes. Giant drop and then a recovery.

   It’s not great news but imo we need way more data before we think recession.

4. It’s just a few rich dudes taking your retirement money to build fallout shelters.

5. NY post trying to instigate a recession

6. It’s still up over 300 points for the month of July. This isn’t anything to be concerned about. By the end of the month the stock market will up nearly 3%.

   Every election year since 1896, the stock market in August has gone up on average roughly 3 percent. I don’t see any reason why this year would be different. Now is the best time to buy if you are looking into the market.