Saturday, January 16, 2016

Stock market plunge dents Democratic narrative

Politico reports:
Wall Street collapsed again on Friday, extending a brutal market rout that threatens to dent Democrats’ chances in 2016 and give a boost to Republicans who say the world is an increasingly dangerous mess.

The Dow dropped 390 points on Friday amid falling oil prices, weak U.S. economic data and more fear of a major slowdown in China. The blue chip index is off over 8 percent so far in 2016, fueling arguments from Republicans that despite consistent job growth, the U.S. economy is in deep trouble.


Imagine that.