Don't Call It A Crash - But The Stock market bust Dow Jones drops 1000 points for the first time in history on Monday.
After months of witnessing an historic climb in the stock market the seemingly inevitable has happened as predicted as the Dow Jones drops 1000 points. The abundance investors had enjoyed from this affluent rise that seemed to have no end has had one large reality check. Google stock which has enjoyed an overall rise since the very beginning of the company's creation suffered 40 million in losses to its prestigious market cap equaling 80 billion in losses to investors of Google's parent company Alphabet Inc. (or should I say Umbrella Inc. or perhaps Skynet). Now we know the ads on the internet reporting to us that "expert investors predict crash" were at least a little bit more than just gimmicks. Alphabet as giant as they may be lost only a fraction of what the overall Dow Jones experienced. The Dow Jones Industrial Average lost over 500 billion dollars in value as a result of this record-breaking drop. Even the favorite cryptocurrency of many Bitcoin dropped approximately 23% and shed around 18 billion in market value.
Proportional to the overall value of the Dow index 1000 points is actually a fairly small percentage. As the market continues to increase overall the change in point value on any given day becomes less significant. Therefore the number of points lost as striking as it sounds does not technically constitute a crash. The definition of a crash is 20% or larger drop. The 1,000 point record drop actually pales in comparison to any of the prior recent crashes we have witnessed including:
- The 2008 Lehman Brothers' collapse
- The 1929 Black Tuesday crash
- The 1987's Black Monday crash
- The-com bust in 2000 or
- The 2008 financial crisis.
None-the-less Call it's a crash call it at Market correction call it what you want but the bottom line is most investors lost big during this Market drop. A market correction incidentally is defined when prices fall at least 10% . In fact the only two stocks that rose were Church & Dwight manufacturers of baking soda and a Trip Advisor and online travel company.
Ranking among the top two largest drops are Wells Fargo dropping 9% and Boeing dropping approximately 6%. According to quote on quote experts in the dirty business of Usery and the control of entire nations through their flow of currency a chick on the continuous increase was due or overdue. After 9 years of a bull market so to speak it's really easy to predict a drop was coming. Again according to Economist who spend their careers studying these systems a bear Market is unlikely. They believe there is an absence of the likelihood of a recession which tends to bring on the bear Market situation.
Apparently the Dow's growth rate is increasing exponentially. It reached 20,000 just over a year ago and within one year of that Milestone surpassed the 26,000 mark.
As investment indexes grow more and more overall so does the opportunity to earn or lose money proportionately. This is a fact that investors must just accept.
Incidentally a new chairman was appointed I highly doubt he was elected by anyone other than the top .1% to head the Federal Reserve the same day the market had experienced its Plunge. A little bit about the Federal Reserve. If you've ever taken a high school algebra class this formula will be very easy to understand although many people never give it a second thought. If one entity prints money and loans it to another entity who is forced to pay that money back with interest where is the money that constitutes that interest supposed to come from? You need to think about that. It is 100% absolutely impossible to ever alleviate a debt when one entity only (the creditor ie. the one practicing usury) prints the money. It is a very very simple formula, a formula for enslavement and it works very well. The Federal Reserve is not even part of our government.Yet they rule through the control and monopolization of the currency. All stock market news and interest rate fluctuations are influenced like ripples from the insidious top of the hierarchical pyramid. But thank goodness, people are waking up and things are shifting in consciousness for the better 😉