Nationalist Pundit

Yesterday was a rough one on Wall Street as the Dow Jones plunged some 1,175 points, setting a new record for biggest, one-day losses. At one point, the Dow was down almost 1,600 points. However, given the value of the Dow, the loss only amounted to a 4.6% dip, not even making the top 5 in history. All of this comes as Jerome Powell took the oath as the new Chairman of the Federal Reserve Bank. Historically, it is normal for the markets to dip when a new Fed Chair takes over. Most analysts are not too concerned about yesterday′s sell off, as the overall economy is in very good shape. Even the manufacturing index hit a new record high at 59, 2 points higher than expected.

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Reports from various sources indicate that North Korea may be planning to launch 4 missiles towards the island of Guam. Kim Jong Un wants to defy America and the world by launching four of its Hwasong-12 IRBM, Intermediate Range Ballistic Missiles, to a point some 20 miles off the coast of Guam, some 2,100 miles away. Guam, part of the United States Protectorate of the Marianas Islands, is home to some 160,000 U.S. citizens, as well as a military base with over 6,000 personnel. According to the reports, this provocative action could take place as soon as within the next week.

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