Dow tumbles nearly 900 points after Trump reignites trade war between the world’s two largest economies
Source: Rock-n-roll-Kevin
Dow tumbles nearly 900 points after Trump reignites trade war between the world’s two largest economies
Source: Rock-n-roll-Kevin
18 Comments
14th dimensional chess
Jeebus. It’s like he’s never even HEARD of that great documentary, *Tropic Thunder*, where we learn the object lesson of the thing one should **never** do …
Just a little stock market manipulation for his friends. This will be TACO material next week after the profits have been reaped.
I wonder how the soyboys [soybean farmers] are doing thanks to Donny Diaper’s tariffs?
These are futures? Isnt there a time of day?
Well, I sure picked the wrong week to stop sniffing glue.
This is just the beginning. The entire market is primed for a massive crash – it’s a when not if thing, you only have to look at the charts.
Just open market manipulation so he and his buddies can get richer buying the dip
This is when he crashes the capital markets. For those reading along, we’re on page 32, step #324.
All because he had to throw a tantrum because he didn’t get the Nobel Peace Price.
Buy your gold now folks.
What happened the last time America passed 100% tariffs on China? Has anything changed since then that one can expect a different outcome?
Don’t worry it’ll rebound on Monday for no apparent reason.
Always found it fishy that it was Trump running over to announce that a great deal was coming and yet nothing ever happens on the other side. He’s trying so hard to be the alpha in the room that gets things done but he’s is left holding his limp dick at the end of the day. Xi is just stringing him along. And Putin, and Benji, …
Oh look, the stock market finally got a whiff of reality.
Oh man black Monday here we come
Damn he really doesn’t want those Epstein files released
Back in April, when the DOW was down 7000 points from its high because Trump was destroying it day by day, this sort of thing was a big story. It made for great politics for the Dems to point out that their guy had seem the market climb and climb and then imbecile Trump was wrecking it.
But the market since then has rebounded completely and it is now at its highest ever. Yes, we will see a crash at some point fairly soon (the internal numbers are awful and stagflation appears to be around the corner), but a one-day drop like this is barely a story anymore. It’s just either a correction or a manipulation, only resetting the gains of the last month. As it climbs higher and higher, there will be more volatility like today.
Trump is dangerous and evil and stupid, the economy is not on solid ground, and the tariffs, while in theory useful in some ways, make no sense and are just being applied punitively in order to soothe Trump’s ego. All true. But this dip isn’t much of a story anymore. It will only become a story again when the DOW loses another 5000 points.