Posted on 12/04/2018 1:35:29 PM PST by SMGFan
Stocks took a nosedive on Wall Street as investors worried that a US-China trade truce reached over the weekend wasnt all it was cracked up to be.
The Dow Jones Industrial Average sank almost 800 points Tuesday.
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The markets plunged after Trump unleashed a threatening tweet Tuesday morning.
President Xi and I want this deal to happen, and it probably will. But if not remember, I am a Tariff Man, Trump tweeted.
(Excerpt) Read more at nypost.com ...
Yep, it’s Fake News, and such liberal propaganda always makes its way to FR.
Here’s a different take on the drop.
Fixed.
No I see and know what is going on for real. All that you do is bellyache like a woman with PMS.
Opps everywhere...if one looks.
Profit-taking.
The wimps on Wall St. should never have gone into the gambling business as a career. The economy hinges on these Nervous Nellies and their computers’ algorithms, that can bankrupt them in nanoseconds.
It makes you want to buy gold and hide it in the basement.
Me too. The stock market is way too manipulated by the big players/insiders for me. There are way better investments in my opinion, such as property/realestate.
Btw, I think what is happening right here right now is exactly this.
No it was a right on description. All iI ever see from you is gloom and doom. Take a break from the media and relax.
One can make money on the ups and downs.
Just in time for year end reinvesting of LT/ST Cap Gains and divs.
I was up $46,000 yesterday and now down $40,000 today.
I wish Trump would stop tweeting!
You have to remember- Trump only want China to play fair. He is not trying to screw them over.
China will NOT play fair if it thinks it can get our media on their side (against Trump)
But Trump does not give a $hit what the media thinks, and the longer it takes for them to realize it, the longer it takes to reach an agreement.
So the msm media is finally giving credit to Trump for movement in stocks? I thought it was all obumbers doing.
Are you being facetious, everyone knows when the market go’s up it’s all 0bama’s doing (at least till the end of Trumps second term), and if it go’s down it’s Trumps fault!
9at least till the end of Trumps second term
That’s the plan for 2020: crush the markets before elections.
Worked like a charm in 2008.
Lots of “yield curve inversion” talk.
Don’t see that as significant these days since QE.
And also a big purchase of long-term Tbills would affect it- even though a good thing.
Trump said China would IMMEDIATELY take steps. A big purchase of USTreasuries to support the Yuan would be in line with that.
Besides causing an inversion it would also temporarlty hurt bank stocks by bringing interest growth expectations down. And hurt investors who were betting against Trump’s success.
But I’m no expert, not even in the market. Most of what goes on makes no sense to me.
I was up $46,000 yesterday and now down $40,000 today.
I wish Trump would stop tweeting!
......
I hope you don’t mean the second line; without tweets, the MSM brainwashes ALL THE PEOPLE, not just some of them.
How about the conservatives that are feeling the same pain
Lovely for those of us looking to retire in 2020
Invest in the USA.
Be glad you have the money to invest.
I had to refinance my mortgage just to pay off bills.
I’ve worked my entire life and because of circumstances still struggle. Not complaining, but fortunate I have a mother who is well off.
I love my mother.
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