Still, I wish POTUS would understand that a POTUS’ comments reach far and affect much. His China comments today had their reaction in today’s market. My portfolio lost $3750 today. And the Dow is down 630.
One other thing to worry about. Pres Trump has made these market damaging tweets several times in the last dix months. How long before the Dems accuse him of doing so yo affect the market prices allowing his friends, associates etc to sell esrly and then buy back more at a lower price and then do it all again. Crazy? Yes! But so are the Dem witch hunters.
My take on today is that Trump did a classic dirty martial arts move. He kicked them in the balls and took his penalty point (market drop). Then the rest of the fight the opponent is doubled over in pain and way off his game. I love how he does that.
In the end, I think he will break China for the sole reason that makes the USA great. We can react when needed because the economy is filled with independent entities that are all doing what is best for themselves. That in turn makes the country strong. Countries like China that use central controls can’t keep up. As long as Trump keeps them off balance, they can’t counter.
At least you came clean about how your portfolio got zapped as you were obviously in the wrong position and took a hit
Pick a side and choose, this is not gonna change cause you were on the wrong side of things and it seems leveraged in stocks that are heavily tied to Chinese products
Boom