Trump tanks the markets

[Jim in CT]

i don’t know why munchin was concerned about liquidity. my point is that trumps tweets did not do this, and you claimed they did.

as of right now, our economic fundamentals are solid. unemployment is low, corporate profits are sound, retailers had a good black friday and cyber monday. the market is reacting to concerns of global stability, global growth, interest rates, ninenif which trump controls. husbtariffs have not helped, he deserves criticism for that. and a recession is coming, that’s inevitable.

today’s sell off isn’t trumps fault, except i guess that he appointed the fed chairman who likes raising rates. his tweets had nothing to do with it. sorry if that fails to fuel your narrative.
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[wdmso]

Originally Posted by Jim in CT

sorry if that fails to fuel your narrative.
Posted from my iPhone/Mobile device

not my Narrative about every money site on the internet

he rode the stock market pony at all his rallies taking credit whenever possible

all because Trump can't handle the heat .. Trump then talked about firing the fed chief and then cried to Mnuchin who tried to slow the market fall

if you dont think Trump's WORDS cant cause these market fluctuations you haven't been paying attention ... their are reasons why past POTUS try to be specific when they speak ... so their intention are not misunderstood...

Trump isn't that kind of President... or that kinda of administration sorry

[Jim in CT]

Originally Posted by wdmso

not my Narrative about every money site on the internet

he rode the stock market pony at all his rallies taking credit whenever possible

all because Trump can't handle the heat .. Trump then talked about firing the fed chief and then cried to Mnuchin who tried to slow the market fall

if you dont think Trump's WORDS cant cause these market fluctuations you haven't been paying attention ... their are reasons why past POTUS try to be specific when they speak ... so their intention are not misunderstood...

Trump isn't that kind of President... or that kinda of administration sorry

show me a link from a finance site, which says that his stupid tweet triggered a sell off.

i didn’t say his words “can’t” cause a selloff (once agin, responding to something i never said). i said that in this case, it wasn’t his words. it was concern about banks and interest rates.
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[wdmso]

Originally Posted by Jim in CT

show me a link from a finance site, which says that his stupid tweet triggered a sell off.

i didn’t say his words “can’t” cause a selloff (once agin, responding to something i never said). i said that in this case, it wasn’t his words. it was concern about banks and interest rates.
Posted from my iPhone/Mobile device

here the start

https://www.washingtonexaminer.com/o...be-the-economy


The Dow Jones Industrial Average was down roughly 200 points for the day at the time of Donald Trump’s tweet. After he reminded investors that he has no idea how economics works, they began selling off further, and the DJIA quickly dropped another two hundred points (Update: now down 650 points at close). This guy is wrecking the economy in real time.

all this and they closed at 1pm


it must be hard to see the world in black or white / win or lose

and be unable to see Gray

[Jim in CT]

Originally Posted by wdmso

here the start

https://www.washingtonexaminer.com/o...be-the-economy


The Dow Jones Industrial Average was down roughly 200 points for the day at the time of Donald Trump’s tweet. After he reminded investors that he has no idea how economics works, they began selling off further, and the DJIA quickly dropped another two hundred points (Update: now down 650 points at close). This guy is wrecking the economy in real time.

all this and they closed at 1pm


it must be hard to see the world in black or white / win or lose

and be unable to see Gray

He made a stupid tweet. And the market tanked. Doesn't mean one caused the other, and if it matters, a lot of people agree that the fed is getting ahead of itself with rate hikes. There is a huge likelihood that the markets would be higher, if the fed wasn't as aggressive with rate hikes.

Please tell me what I said, which is wrong...

if idiotic tweets caused the market to drop 600 points, how was the market up so much in 2017? Was he restrained and mature in 2017? Nope.