{"id":31820,"date":"2018-03-02T10:26:41","date_gmt":"2018-03-02T15:26:41","guid":{"rendered":"http:\/\/olduvai.ca\/?p=31820"},"modified":"2018-03-02T10:26:41","modified_gmt":"2018-03-02T15:26:41","slug":"the-dow-jones-industrial-average-falls-another-420-points-as-investors-panic-about-a-potential-trade-war","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=31820","title":{"rendered":"The Dow Jones Industrial Average Falls Another 420 Points As Investors Panic About A Potential Trade War"},"content":{"rendered":"
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The Dow Jones Industrial Average Falls Another 420 Points As Investors Panic About A Potential Trade War<\/a><\/h3>\n<\/div>\n
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\"\"<\/a>Many had been hoping that the financial shaking on Wall Street that we witnessed in February would subside in March, but so far that is definitely not the case.\u00a0 On Thursday, the Dow fell another 420 points as investors fretted about the potential for a trade war.\u00a0 Over the past month, we have seen many days when stock prices have been way down and other days when stock prices have been way up.\u00a0 This is precisely the sort of wild volatility that we would expect to see if a major financial crisis was brewing, and the truth is that our financial system is far more vulnerable today than it was back in 2008.<\/p>\n

Many Americans have assumed that the U.S. economy must be in great shape since the stock market has just kept going up for the past several years.\u00a0 But the reality of the matter is that stock prices are no longer connected to economic reality whatsoever.\u00a0 The U.S. economy has not grown by 3 percent or more in 12 years<\/a>, but stock prices have been shooting into the stratosphere thanks to relentless central bank intervention.<\/p>\n

But what goes up must eventually come down, and on Thursday we witnessed another stunning decline<\/a>\u2026<\/p>\n

The Dow Jones industrial average<\/a> closed 420.22 points lower at 24,608.98 after rising more than 150 points earlier in the day. The 30-stock index fell as much as 586 points.<\/p>\n

The S&P 500<\/a> declined 1.4 percent to end at 2,677.67 \u2014 erasing its year-to-date gains \u2014 with industrials as the worst-performing sector. It also briefly broke below its 100-day moving average, a key technical level. The Nasdaq composite<\/a> fell 1.3 percent to 7,180.56 and dipped below its 50-day moving average.<\/p><\/blockquote>\n

So why did this happen?<\/p>\n

Well, the mainstream media is placing the blame for Thursday\u2019s decline on Trump\u2019s new tariffs<\/a>\u2026<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Dow Jones Industrial Average Falls Another 420 Points As Investors Panic About A Potential Trade War Many had been hoping that the financial shaking on Wall Street that we witnessed in February would subside in March, but so far that is definitely not the case.\u00a0 On Thursday, the Dow fell another 420 points as […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[14994,88,16048,16049,122,7551,6069,302,6061,8989,312,16877,18384,7070,1529,4190,6065,4901,12750,6066,8443,14656,2731,16878,18385,5221,753,16051,7554,14099,860],"class_list":["post-31820","post","type-post","status-publish","format-standard","hentry","category-economics","tag-14994","tag-bonds","tag-buy-stocks","tag-buying-stocks","tag-central-bank","tag-dow-jones-industrial-average","tag-economic-collapse-blog","tag-fear","tag-financial","tag-financial-assets","tag-financial-crisis","tag-financial-crisis-2018","tag-financial-crisis-of-2018","tag-global-stock-market-crash","tag-global-stock-markets","tag-investing","tag-investors","tag-michael-snyder","tag-pain","tag-panic","tag-panic-selling","tag-selling","tag-stock-market-crash","tag-stock-market-crash-2018","tag-stock-market-crash-of-2018","tag-stock-prices","tag-stocks","tag-stocks-go-up-no-matter-what","tag-the-dow","tag-the-pain","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/31820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31820"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/31820\/revisions"}],"predecessor-version":[{"id":31821,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/31820\/revisions\/31821"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}