Wall Street Bloodbath: Dow, Nasdaq Plummet As Renewed Recession Fears Trigger Global Sell-Off

Posted • August 5, 2024: The markets are aflame right now. We all saw the futures market before the opening bell, and it was brutal. Our less-than-stellar jobs report last Friday, which has triggered fears of a US recession, has arguably nuked the Asian markets. Nikkei suffered its worst day since 1987, sinking 12 percent, whereas Taiwan endured a market loss not seen since 1967. South Korea’s stock exchange suspended sell-offs. We all knew the opening bell would be a frenzy of chaos. Currently, over $1 trillion has been wiped off the books. It’s an absolute bloodbath. As the market crashed, the Trump campaign was on the money, finding an old tweet from the Biden-Harris operation mocking Donald Trump for suggesting there would be a massive crash under their administration, and he was right.

Biden even claimed he “cured” the economy, while Harris has touted this presidency’s list of supposed accomplishments. This is not the best news when Harris is due to pick her running mate within the next 24-36 hours. -- Flashback: Kamala Harris in January: "We have historic accomplishments in terms of the economy." Yikes… (…)

• More at: Twitchy - Biden-Harris Tweeted Something About Trump That's Come Back to Wreck Them Today
https://townhall.com/tipsheet/mattvespa/2024/08/05/biden-harris-operation-tweeted-something-thats-come-back-to-wreck-them-today-n2642979
New York Post: Wall Street bloodbath: Dow, Nasdaq plummet as renewed recession fears trigger global sell-off
https://nypost.com/2024/08/05/business/bloodbath-on-wall-street-as-dow-nasdaq-futures-plunge-amid-recession-fears/
Rumble: Flashback: Kamala Harris In January, "We Have Historic Accomplishments In Terms Of The Economy"
https://rumble.com/v59vdb9-flashback-kamala-harris-in-january-we-have-historic-accomplishments-in-term.html