The Dow Jones is the stock value of the top 30 publicly owned businesses. It is used as an indicator for the rest of the stock market. With Trump as president, the Dow Jones has reached the highest point in its history. However, on February 28, the Dow Jones fell over 1000 points which is one of the biggest drops in history. The drop is due to the people’s fear of the coronavirus, and its potential impact on the global markets. The coronavirus has slowed down the production of many Chinese factories and Chinese products. Also, many consumers are afraid to buy things from overseas because they are afraid of catching the disease. Another effect of the coronavirus is the lack of travel. This affects many major industries including the fuel and energy industry. With no cure to the coronavirus in sight, no one knows how long the drop could potentially last.
How long do you think the drop will last?
I think that the drop will last until a cure for the coronavirus is created, or the government steps in and puts lots of money into the market.
Do you think that this will have an impact on the 2020 election?
I think that if the Dow Jones hasn’t recovered by the time of the election it would be very hard for Trump to beat out the Democratic candidate.
Replies
I think when doctors find out more about the Coronavirus the drop will stop and it will start to go back up. If it doesn't improve by the election it could maybe have an effect on the outcome.
I don't think this drop will last long, considering that it is already going up. I don't think that coronia is as big as we all think and I also think that everything will blow over very soon and will not affect the 2020 election.
It is crazy how the Dow Jones is going on with my toes of the coronavirus. I don't think it will rob too much more but I'm not completely sure. I do not think this will have an impact on the 2020 election at all because it was not trumps fault it was coronavirus is bothering people fearing what could happen.
I agree with you completely Dominic. I also think that the drop will mostly last until less money is spent on finding the cure for the Coronavirus. I may agree with you on this, however I disagree with you on your second question. I don't think anyone has a chance of beating President Trump in this election. Even if the Dow Jones is done by 1000 points, I really don't think that will play much of a factor in the election. I think that Trump has too much going for him for voters to let that affect it too much. Besides, as you stated, Trump has brought up the Dow Jones numerously over his term than past presidents. So with this being said, I think the Dow Jones drop won't last too long.
I think that the drop will start to increase again once the coronavirus begins to end because we are spending a lot of money on the coronavirus right now. Also I dont think that this will have an impact on the presidential elections because I believe that the Dow Jones will be up again by the time the election comes around.
The downward drop of the Dow Jones dropped has sort of stopped. The Dow right now is around 26,000, which seems like a more resonable number, since the Dow had been on an upward clim which had to come to an end at some point. Since the Dow has now sort of recovered, will probaly affect the 2020 election.
I think that its going to continue to keep dropping because since the coronavirus its been dropping and its going to keep dropping until they find a cure for the coronavirus. I think it will because of the Dow Jones keep dropping and the money keeps dropping to
I think the markets will stay down untill they solve the corona virus issue that has been a big part of the stock market crash. I think the stocks will effect the election a little bit because some people will try to blame trump for it, Just like they did with Hover in the 1920s
I think that the coronavirus is going to have a very pronounced effect on the stock market but I doubt it will kickstart another Great Depression. If it gets bad enough it will certainly have an effect on the 2020 election because the condition of the economy is what really affects the popularity of a president.
I do not think that this drought with the Dow Jones will last very long and that it will not affect the 2020 presedental election. I think that the big drop in points is not beacause of the president and that it is becasue of the coronavirus and all of the deaths within that.
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