The 7 Largest Dow Jones drops in US history....ALL TRUMP

[IrishBubbaLiberal]

https://bsky.app/profile/muellershewrote.com/post/3llwtojlcn22f

‪@muellershewrote.com

I'm no good with patterns. Can someone help me out here?

https://bsky.app/profile/strandjunker.com/post/3llwsjccamc2h

The 7 largest Dow Jones drops in American history:

1. Trump, 3/16/20
-2,997.10

2. Trump, 3/12/20
-2,352.60

3. Trump, 3/9/20
-2,013.76

4. Trump, 6/11/20
-1,861.82

5. Trump, 4/3/25
-1,679.39

6. Trump, 3/11/20
-1,464.94

7. Trump, 03/18/20
-1,338.46

Tired of winning yet?

[Callie1979]

1. Thats a "half truth". A true comparison would be by percentages not points

I dont know where he stacks up there, but I'm sure 1927, 1987, 2000 & 2008 would likely be the highest percentage losses

[Ocelot II]

2. The top five by percentage:

1 1987-10-19 1,738.74 −508.00 −22.61%
2 2020-03-16 20,188.52 −2,997.10 −12.93%
3 1929-10-28 260.6 −38.33 −12.82%
4 1929-10-29 230.0 −30.57 −11.73%
5 2020-03-12 21,200.62 −2,352.60 −9.99%

Today's loss was 3.98%

https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average

[Callie1979]

11. Thank you! So today wasnt even close to the top.

Still a very shitty day though

[Bernardo de La Paz]

21. Good. Percents are key. You are halfway there and should look at the S&P 500 (re downthread post of mine). . . . nt

[BannonsLiver]

3. Half truths are just fine. Nobody cares about the minutia. This is a good TP.

Hopefully, it's spread far and wide.

[Callie1979]

13. No, we should use the WHOLE truth. Stuff like this is disingenuous.

[rpannier]

16. When they stop being disengenuous then we should join

They've used dishonesty and obfuscation for decades to a good deal of success
I'm for going with what works, not what gains us moral points

[Callie1979]

17. Stuff like this is so easily dismissed though

[onenote]

27. Yep. It just invites someone to say that the three largest Dow gains of all time were under Trump

and that the top 9 were all under Repub presidents.

[Callie1979]

36. Great point. And you can bet they'd do it

[slightlv]

20. You need to keep it simple

for the magas to understand. Dollars they understand; percentages don't mean a thing. That's why our messaging always sucks. We insist on absolute truth and the only way that can usually be delivered is by language that's too hard for the average maga to understand. YMMO

[Callie1979]

37. Oh, our messaging certainly sucks, but forget the MAGAs

The voters you need to reach aren't MAGAs. The MAGAs are pretty much a lost cause & will ignore ANYTHING negative about trump because they're a CULT.
But they also didnt win this election. The voters that won looked at the disaster at the border & changed their mind from 2020. THOSE are the people we need to focus on with the right messaging. And you dont even need to change that many minds; he won by a couple 100k votes over a few states I. believe.
But After this past election I'm afraid we're still not "getting it" as far as messaging goes. We've got 18. months to get it straight

[BannonsLiver]

32. You're fighting the last war.

[Bernardo de La Paz]

33. We are not talking to maga here. I condemn spreading half-truths among DU members. . . . . nt

[Ms. Toad]

9. Just came here to say that.

Lying by half-truths is still lying.

[JI7]

12. This isn't some academic research. It's just posts on social

and things like this should be used by us to go after the other side.

Most people are simple minded fools.

[onenote]

29. And simple minded fools won't question that the three greatest Dow gains were under Trump.

Sort of takes the oomph out of the claim.

[Bernardo de La Paz]

34. You are talking to DU here, not maga. Please don't assume most DU members are simple minded fools. . . . nt

[JI7]

35. I'm not talking about people on here

Nobody here needs to be convinced about how bad Trump is.

I'm talking about fools that get "informed" about politics through stupid memes and think the Apprentice was real.

[Bernardo de La Paz]

22. Yay for percentages. Day losses are dramatic and attention getting, but what really costs are the long declines. . nt

[SocialDemocrat61]

4. Ok

https://www.hartfordfunds.com/practice-management/client-conversations/managing-volatility/top-10-stock-market-drops-recoveries.html
Note that 2 of the top 3 were under Trump and 9 of the top 10 were under Republican Presidents.

[Wiz Imp]

23. THE TOP 9!

saying the top 9 is a stronger statement than 9 of the top 10 when #10 is the only one which happened under a Democrat.

[SocialDemocrat61]

24. Good point!

[LetMyPeopleVote]

5. Who is surprised by this?

trump is an idiot who does not understand even simple economic concepts

[malaise]

18. And this is important

Rec

[Doodley]

26. He thinks he sounds smart though by saying the words tariff and reciprocal.

[Meowmee]

6. This is what happens when you put an insane murderer who thinks he knows

something about business but who went bankrupt several times and had to be bankrolled by Russia in power, again. I guess once wasn't enough.

[LetMyPeopleVote]

7. For this thread

Link to tweet

[Richard D]

8. Number 7 is missing? nt

[kimbutgar]

10. I used to work in Wall Street and this is so disastrous

But I thought repukes were good for economy?

They always end up crashing our economy. This is a record for the orange Hitler only in 73 days!

[Bernardo de La Paz]

19. Republicons face at least six debilitating factors:

1) Incompetency.

2) Impracticality, favouring ideology over practicality.

3) Emotional, to the point of it interfering with decision making. We see it in the shit about DEI and trans, the racism, the insatiable need to own the libs, the fear of furriners, and the difficulty they have dealing with the non-American world because it is non-American.

4) Rejection of science, including economics, and law when reality gets in their way.

5) An attachment to simple analysis and simple solutions over truer but more complex analysis and solutions.

6) Authoritarian tendencies. Leads to cabinets of yes-men.
6b) Nepotism and buddyism which exacerbate problem 1.

[Bernardo de La Paz]

14. The Dow is a useless broken price-weighted index easy to calculate with 1900 era adding machines.

Give it up. The S&P 500 is capitalization weighted and much more accurately measures the market action.

Get with 2025.

[Wiz Imp]

25. Here's the top 10 from the S&P 500

RANK DATE DROP
1 10/19/1987 ( 20.47 )
2 10/28/1929 ( 12.34 )
3 3/16/2020 ( 11.98 )
4 10/29/1929 ( 10.16 )
5 11/6/1929 ( 9.92 )
6 3/12/2020 ( 9.51 )
7 10/18/1937 ( 9.27 )
8 10/15/2008 ( 9.04 )
9 12/1/2008 ( 8.93 )
10 7/20/1933 ( 8.88 )




8 of the 10 have been under Republicans (Hoover 3, Trump 2, W.Bush 2 & Reagan 1). 2 were under FDR during the 30's

Today's drop was the 2nd largest single day drop ever, but percentage wise it was only -4.84% which places it well below the top 20 percentage drops.

[Bernardo de La Paz]

30. Thanks. 1987 was dramatic, for sure, but I was not paying attention in 2020 or 2008. Nice to review again. . . nt

[Bernardo de La Paz]

15. You list useless point changes. Another thing: Counting helps. You list six, not seven

Point changes are useless for these kinds of purposes. A 1000 point change on a 40,000 point base is less meaningful than a 500 point change on a 15,000 point base.

Use percentages. Really.

If I say the price of a painting has risen by $1,000 dollars it makes a difference if the original price was 2,000. If the original price was $800,000 then 1,000 is hardly noticeable, and not meaningful, just noise.

Cut to the chase, use percentages.

[Doodley]

28. If you ever have to have a conversation with a MAGA, it may come in useful.

[Bernardo de La Paz]

31. Your devious psychological approach made me chuckle . . . . nt

[onenote]

39. And if the MAGA points out that the three greatest gains were under Trump

and the top 9 were all under Repub presidents, what's your response?

[Emile]

38. I take this personal, he is gambling with our money!

He needs to be removed from office.