Saturday, June 13, 2020

The Dow crashes more than 1,800 points out of nowhere — here's one reason why


The Dow Jones Industrial Average fell 1505.44 points, or 5.6%, to 25,605.54 this past week, its worst weekly performance since the third week in March, when circuit breakers were triggered multiple times. It would have been worse except that the benchmark followed a Thursday drop of 1,862 points, or 6.9%, with a Friday rebound that almost lost steam before stocks surged into the close. After rising to three straight record highs, the Nasdaq Composite closed the week down 2.3%, at 9588.81, while the S&P 500 lost 4.8%, to 3041.31, and the Russell 2000 tumbled 7.9%, to 1387.68
Tendency of the rate of profit to fall - YouTube

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Karl Marx

Karl Marx
Karl Marx

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