BLOG

Here’s Why the Dow Took a Dive and What That Means to You

The Dow Jones Industrial Average plunged nearly 1,200 points Monday, the largest single-day point drop on record. That performance came on the heels of the Dow falling 665.75 on Friday, and extended into international markets Tuesday. Despite the alarming nose-dive, advisers are calling the stock market decline a ‘price correction’ after a nearly nonstop upward climb since President Donald Trump took office.

Why did the stock market take the plunge?

There are two primary reasons for the stock market decline:

  • Fear of inflation due to higher wages, lower taxes and increased spending
  • And the expectation that interest rates are set to skyrocket

On the show today, Glenn broke down the how’s and why’s of the Dow’s recent dramatic drop and explains why he thinks there are reasons why we can all relax. Watch the clip above to see more.

What should you do about it?

According to financial advisers, the answer right now is: nothing. Just stay calm and carry on for the long-term — oh, and hang on tight, because it could be a rollercoaster-of-a-ride.

“This is something that is attention getting, but not yet something you should react to,” Certified Financial Planner, Ken Moraif, told CNN.

“Don’t be scared, and don’t be impulsive. Be disciplined no matter what the market environment, and keep saving and investing according to your long-term plan,” advised Kristina Hooper, chief global market strategist at Invesco.

“Let’s look at the big picture — the economy is improving, more people are working, they’re seeing more money in their paychecks, and tax reform will boost the bottom line of businesses and households. If the market is falling, that means it’s now on sale, ” said Greg McBride, Bankrate.com’s chief financial analyst.

UPDATE: The Dow closed up 567 points today, Tuesday Feb. 6.

This article provided courtesy of TheBlaze.
TV

CONTROL FREAKS: The Great Reset Overlords Who Will Ru(i)n Your Life

"All rich countries should move to 100% synthetic beef. You can get used to the taste difference," said holy anointed billionaire Bill Gates. Green activism has been around for decades. But what used to be wacky has now worked its way into the world's power structure. You must believe the science. You cannot question the science.

The Texas power failure provided America with a disturbing and deadly preview of the Great Reset. But Bill Gates, AOC, and other Democrats say this only proves we need to enforce MORE green policies.

On his Wednesday night special this week, Glenn Beck reveals how deep the Great Reset tentacles reach into government and business to strangle freedom and their efforts to control every aspect of your private life.

Watch the full episode below:

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

THE GLENN BECK PODCAST

Dr. Ben Carson's Prescription to Heal America | Ep 98

To the Left, "unity" means "destroy everyone we disagree with." But Dr. Ben Carson has another message: "We are not each other's enemies." As the Biden administration insists America is systemically racist, Dr. Carson's life proves just how far we've come. Despite facing poverty as a child, he became a renowned neurosurgeon, a candidate for president, and former secretary of Housing and Urban Development — one of the only Cabinet members to survive all four years of the Trump administration.

He joins Glenn to review his time in the administration, including as part of the White House's coronavirus task force, and how he discovered "the swamp is deeper and wider than I expected." But above all, he urges Americans to take courage and stand for our freedoms — and previews his newest venture to do just that as founder and chairman of the American Cornerstone Institute: "What version of America do we want?"

TV

Unmasking the OTHER Deadly Pandemic: What's Killing Our Kids

There is an all-out assault on the social fabric of our country. The kids are NOT all right. In the name of "progress," we're destroying their minds with Marxist lies. In the name of "safety," we're destroying their souls by keeping them locked down.

On his Glenn TV special this week, Glenn Beck takes on the national suicide that the Left is committing by destroying our culture and way of life and how it's also leading to actual suicide of our kids. Experts on the front lines expose how the lies of critical race theory are crippling our children's future and provide tools for parents to fight back.

Finally, Glenn hears from a parent who tragically lost his teen son, who took his own life due to COVID isolation. He has a powerful message for parents, teachers, and politicians who he says are failing our kids.

Watch the special in full below:

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

THE GLENN BECK PODCAST

IBM's Role in Killing Jews & Lessons for Big Tech | Edwin Black | Ep 97

Edwin Black is the son of Holocaust survivors and an investigative journalist with awards and best-selling books translated into 20 languages in nearly 200 countries. His book "IBM and the Holocaust" examines high tech's role in killing Jews during the Holocaust and what it can teach us about the dangers of Big Tech today.

Edwin has spent enough time in the media to see all of its warts (there are a lot). And he's speaking out about it and its role in ignoring history at our nation's peril.

He also discusses Disney actress Gina Carano, fired for comparing conservative persecution to the Nazi treatment of the Jews. Our culture is being erased. Our ideals and values are being censored and mocked. Our history is being erased. With another human extermination on the horizon in China, Edwin challenges this with bravery.