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Stock markets plunge after Trump’s ‘Tariff Man’ tweet
NYPost ^ | December 4, 2018

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 wasn’t all it was cracked up to be.

The Dow Jones Industrial Average sank almost 800 points Tuesday.

------------------

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 ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: artofthedeal; boycotts; china; dnctalkingpoint; dnctalkingpoints; fakenews; markets; mediawingofthednc; newyork; newyorkcity; newyorkcompost; newyorkpost; nohedidnt; partisanmediashills; potus; presstitutes; sanctions; smearmachine; stockmarket; tariffs; trade; trump; trumptrade
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To: cdcdawg

Dogma!


41 posted on 12/04/2018 2:30:31 PM PST by numberonepal (WWG1WGA)
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To: Mom MD

Retiring 2020 and your money is in stock?? Bad move.


42 posted on 12/04/2018 2:31:23 PM PST by wzlboy
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To: SMGFan
Stock markets plunge after Trump’s ‘Tariff Man’ tweet

Right. Because nobody on Wall Street, and no investor, had an inkling until this tweet that Trump is using tariffs as a tool, and has been since the inauguration.

Rolling my eyes.

Cue the "O NOES" running stick figures.

43 posted on 12/04/2018 2:36:38 PM PST by M. Thatcher
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To: dead
New economic theory: When the stock market goes down, Trump's fault. When the stock market goes up, delayed effect of Obama's economic policies.

Bingo.

44 posted on 12/04/2018 2:38:06 PM PST by M. Thatcher
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To: SMGFan

Utter crap


45 posted on 12/04/2018 2:41:30 PM PST by Nifster (I see puppy dogs in the clouds)
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To: SMGFan

NYPost is as BAD as the Yahoos @ Yahoo.


46 posted on 12/04/2018 2:44:10 PM PST by CMailBag
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To: Mom MD

As you approach retirement, more of your monies should be going into less volatile markets.

One rule of thumb I recall is subtract your current age from 100 or 110. The difference should reflect the percentage of your portfolio that ought to be in stocks. So if you’re 55, then between 45 and 55% of your investments should be in stocks. The rest should be in safer instruments like bonds or money markets.


47 posted on 12/04/2018 2:45:52 PM PST by SoFloFreeper
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To: Mom MD

Are they blaming Trump?


48 posted on 12/04/2018 2:48:27 PM PST by EnquiringMind
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To: proust
"Because correlation is causation. 🤪"

I sold two share of CAT yesterday and then today - BAM! I have been feeling guilty all day that I may have started the decline.

49 posted on 12/04/2018 3:09:50 PM PST by jeffersondem
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To: SMGFan

When it comes to business - media is downright awful. They cover global warming with more coherence.


50 posted on 12/04/2018 3:35:26 PM PST by Sam Gamgee
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To: SMGFan

So-called recession...Perhaps these caused it:

Lowest ever black unemployment rate

Lowest ever Hispanic unemployment

Lowest women unemployment in 60 yrs

The Korean War is over

Economy is best it has ever been

Taxes at 60 year low

ISIS obliterated

US energy independent


51 posted on 12/04/2018 3:36:26 PM PST by CincyRichieRich (No provisional ballots allowed; ever notice there have never been Republican ballots found?)
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To: SMGFan

Must be the $1.95 gasoline we have in Cincinnati...yeah, that, too leads to a recession.


52 posted on 12/04/2018 4:05:56 PM PST by CincyRichieRich (No provisional ballots allowed; ever notice there have never been Republican ballots found?)
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To: wzlboy

It’s that or not retire at all. Portfolio is conservative but I still need growth


53 posted on 12/04/2018 5:48:44 PM PST by Mom MD ( .)
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To: SoFloFreeper

Tks. I have an excellent (and well paid) financial planner


54 posted on 12/04/2018 5:50:28 PM PST by Mom MD ( .)
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To: Mom MD

No problem. As that is the case, your comment is curious.


55 posted on 12/04/2018 7:30:26 PM PST by SoFloFreeper
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To: SMGFan

Even Yahoo Finance says it went because of the programming of the computers that do most of the trading - they did what humans could never do when a algorithm triggered.....not many note it went up about the same shortly before the dump...


56 posted on 12/05/2018 2:39:32 AM PST by trebb (Those who don't donate anything tend to be empty gasbags...no-value-added types)
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To: Moonman62

For later


57 posted on 12/06/2018 9:43:21 AM PST by LouAvul (The most High ruleth in the kingdom of men, and giveth it to whomsoever he will.)
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