Trump crashes the stock market

Cypress

Well-known member

Dow falls 800 points as Trump’s tariffs threaten a dangerous trade war​

US stocks tanked Tuesday morning after President Donald Trump made good on his threat to levy tariffs on Canada and Mexico, paving the way for a global trade war as leaders of both trading partners threatened retaliation.

The hefty tariffs imposed by the Trump administration could contribute to a crash in the global economy, similar to the Great Depression of the 1930s, said Andrew Wilson, the deputy secretary-general of the International Chamber of Commerce, according to the Wall Street Journal.


 

Dow falls 800 points as Trump’s tariffs threaten a dangerous trade war​

US stocks tanked Tuesday morning after President Donald Trump made good on his threat to levy tariffs on Canada and Mexico, paving the way for a global trade war as leaders of both trading partners threatened retaliation.

The hefty tariffs imposed by the Trump administration could contribute to a crash in the global economy, similar to the Great Depression of the 1930s, said Andrew Wilson, the deputy secretary-general of the International Chamber of Commerce, according to the Wall Street Journal.


I doubt the Oligarchs will be happy with this for long much less middle and lower income Americans.
 
2-05-2018

https://www.justplainpolitics.com/showthread.php?90770-trump-Crashes-DOW-1500-Points

3-01-2018

https://www.justplainpolitics.com/showthread.php?91875-trump-Crashes-the-Eonomy

3-02-2018

https://www.justplainpolitics.com/showthread.php?91917-trump-Crashes-Global-Economy

3-07-2018

https://www.justplainpolitics.com/showthread.php?92153-trump-crashes-the-economy-yet-again

3-13-2018

https://www.justplainpolitics.com/showthread.php?92435-trump-Crashes-the-DOW-Yet-Again

3-19-2018

https://www.justplainpolitics.com/showthread.php?92710-Yet-Again-trump-Crashes-the-Economy

3-27-2018

https://www.justplainpolitics.com/showthread.php?93115-trump-Crashes-the-Economy-Yet-Again

4-24-2018

https://www.justplainpolitics.com/showthread.php?94549-trump-crashes-the-economy-yet-again

5-15-2018

https://www.justplainpolitics.com/showthread.php?95544-trump-crashes-the-economy

5-29-2018

https://www.justplainpolitics.com/showthread.php?96329-trump-Crashes-the-DOW

5-31-2018

https://www.justplainpolitics.com/showthread.php?96476-trump-crashes-the-economy-yet-again

6-15-2018

https://www.justplainpolitics.com/showthread.php?97404-Yet-Once-Again-trump-Crashes-the-Economy

6-25-2018

https://www.justplainpolitics.com/showthread.php?97986-trump-Crashes-the-Economy-Yet-Again

7-19-2018

https://www.justplainpolitics.com/showthread.php?99451-trump-Crashes-the-Economy-Again

7-30-2018

https://www.justplainpolitics.com/showthread.php?100083-trump-Crashes-the-economy

8-10-2018

https://www.justplainpolitics.com/showthread.php?100732-trump-Crashes-the-Economy

8-30-2018

https://www.justplainpolitics.com/s...p-Crashes-the-Economy-on-new-Proposed-tariffs

10-04-2018

https://www.justplainpolitics.com/showthread.php?104248-trump-Crashes-the-Economy

10-05-2018

https://www.justplainpolitics.com/showthread.php?100732-trump-Crashes-the-Economy

10-10-2018

https://www.justplainpolitics.com/showthread.php?104603-trump-Crashes-Dow-728

10-10-2018

https://www.justplainpolitics.com/showthread.php?104587-trump-Crashes-the-Economy-Yet-Again

10-11-2018

https://www.justplainpolitics.com/showthread.php?104644-trump-Crashes-the-DOW-again

10-18-2019

https://www.justplainpolitics.com/showthread.php?128350-trump-Crashes-the-DOW

10-23-2018

https://www.justplainpolitics.com/showthread.php?105360-trump-Crashes-Dow-Again

10-24-2018

https://www.justplainpolitics.com/showthread.php?105447-Trump-Crashes-the-Economy-Again

10-26-2018

https://www.justplainpolitics.com/showthread.php?105591-trump-Crashes-the-Economy-Yet-Again

11-02-2018

https://www.justplainpolitics.com/showthread.php?106107-trump-Crashes-the-Economy-Yet-Again

11-14-2018

https://www.justplainpolitics.com/showthread.php?106833-trump-Crashes-the-Economy-Yet-Again

11-15-2018

https://www.justplainpolitics.com/showthread.php?106869-trump-crashes-the-economy-yet-again

11-12-2018

https://www.justplainpolitics.com/showthread.php?106688-trump-crashes-the-DOW

11-19-2018

https://www.justplainpolitics.com/showthread.php?107058-trump-Crashes-the-Economy-Yet-Again

11-20-2018

https://www.justplainpolitics.com/showthread.php?107117-trump-Crashes-the-Economy-Again

11-20-2018

https://www.justplainpolitics.com/s...rump-Crashes-the-Economy-950-Points-in-2-Days

3-07-2019

https://www.justplainpolitics.com/showthread.php?114447-trump-Crashes-the-DOW-again

3-08-2019

https://www.justplainpolitics.com/showthread.php?114509-trump-Crashes-the-DOW-some-more

4-09-2019

https://www.justplainpolitics.com/showthread.php?116446-trump-Crashes-the-Dow-Again

5-01-2019

https://www.justplainpolitics.com/showthread.php?118045-trump-Crashes-the-Dow-Again

5-10-2019

https://www.justplainpolitics.com/showthread.php?118643-trump-Crashes-the-DOW

5-17-2019

https://www.justplainpolitics.com/showthread.php?119105-trump-Crashes-the-DOW-Again

5-20-2019

https://www.justplainpolitics.com/showthread.php?119304-trump-Crashes-the-Dow

5-24-2019

https://www.justplainpolitics.com/s...ump-Crashes-the-DOW-Again-and-Again-and-Again

6-03-2019

https://www.justplainpolitics.com/showthread.php?120077-trump-Crashes-the-S-and-P

6-25-2019

https://www.justplainpolitics.com/showthread.php?121488-trump-Crashes-the-DOW-Again

7-09-2019

https://www.justplainpolitics.com/showthread.php?122187-trump-crashes-the-DOW

8-14-2019

https://www.justplainpolitics.com/showthread.php?124360-trump-Crashes-the-DOW-yet-again

6-15-2020

https://www.justplainpolitics.com/showthread.php?142715-ASG-Crashes-the-DOW-Again
 
This might be the thing that turns the billionaire class against trump. It's all well and fun until someone loses billions.
Agreed. It's been reported that Warren Buffet has moved his investment into a cash position.

Buffett, whose every word is watched closely by investors, drew attention over the past year due to a growing cash pile at Berkshire Hathaway.

Berkshire amassed its cash and cash equivalents to a record $334.2 billion in the fourth quarter, up from $167.6 billion the year prior. Berkshire added to its cash position while selling stock in blue-chip companies like Apple (AAPL) and Bank of America (BAC), raising questions about his thoughts on the US market.

Berkshire’s operating earnings in the fourth quarter surged to a record, and both its class A shares (BRK.A) and class B shares (BRK.B) closed at a record high just last week. Buffett said most of the money he manages will always be in the United States.

“It’s the best place,” Buffett said. “I was lucky to be born here.”
 
Gotta be Biden's fault.
The Orange Jesus will both blame the Democrats, including Biden, and try to placate MAGAts with something like "this takes time" along with his patronizing claim that the pain felt by most Americans will be worth it.


By following through on his tariffs campaign pledge, Trump may also have simultaneously broken his promise to voters in last year’s election that his administration could quickly reduce inflation. That means the same frustration he is facing from other nations might also spread domestically to consumers and businesses.

“WILL THERE BE SOME PAIN? YES, MAYBE (AND MAYBE NOT!),” Trump said in a social media post. “BUT WE WILL MAKE AMERICA GREAT AGAIN, AND IT WILL ALL BE WORTH THE PRICE THAT MUST BE PAID.”
 
This might be the thing that turns the billionaire class against trump. It's all well and fun until someone loses billions.
It was also said that Russian oligarchs would restrain Putin.
American billionaires worked hard to put Trump in office, I can't see them turning on him this soon.
 
It was also said that Russian oligarchs would restrain Putin.
American billionaires worked hard to put Trump in office, I can't see them turning on him this soon.
If it hurts their bottom line, they will turn. OTOH, those close to Trump may have rearranged their portfolios in preparation for this.

Still, the millions of Americans who voted for him will not be so lucky. Many will say “I voted for Donald Trump. But this is not what I was expecting”
 
If it hurts their bottom line, they will turn. OTOH, those close to Trump may have rearranged their portfolios in preparation for this.

Still, the millions of Americans who voted for him will not be so lucky. Many will say “I voted for Donald Trump. But this is not what I was expecting”
Presidents usually get a honeymoon of several months, but Trump's honeymoon may be over.
 

Dow falls 800 points as Trump’s tariffs threaten a dangerous trade war​

US stocks tanked Tuesday morning after President Donald Trump made good on his threat to levy tariffs on Canada and Mexico, paving the way for a global trade war as leaders of both trading partners threatened retaliation.

The hefty tariffs imposed by the Trump administration could contribute to a crash in the global economy, similar to the Great Depression of the 1930s, said Andrew Wilson, the deputy secretary-general of the International Chamber of Commerce, according to the Wall Street Journal.


That's not a stock market crash, Sybil.
 
Gotta be Biden's fault.
Biden doesn't control the stock market, moron.
Neither does Trump.

Biden DID, however, commit several acts of treason:
* giving weapons and supplies to the enemy in time of war.
* inviting invasion of the United States.
* calling for civil war against citizens of the United States.
* espionage.
 
Agreed. It's been reported that Warren Buffet has moved his investment into a cash position.

Buffett, whose every word is watched closely by investors, drew attention over the past year due to a growing cash pile at Berkshire Hathaway.

Berkshire amassed its cash and cash equivalents to a record $334.2 billion in the fourth quarter, up from $167.6 billion the year prior. Berkshire added to its cash position while selling stock in blue-chip companies like Apple (AAPL) and Bank of America (BAC), raising questions about his thoughts on the US market.

Berkshire’s operating earnings in the fourth quarter surged to a record, and both its class A shares (BRK.A) and class B shares (BRK.B) closed at a record high just last week. Buffett said most of the money he manages will always be in the United States.


“It’s the best place,” Buffett said. “I was lucky to be born here.”
You are still hallucinating, Sybil.
 
The Orange Jesus will both blame the Democrats, including Biden, and try to placate MAGAts with something like "this takes time" along with his patronizing claim that the pain felt by most Americans will be worth it.


By following through on his tariffs campaign pledge, Trump may also have simultaneously broken his promise to voters in last year’s election that his administration could quickly reduce inflation. That means the same frustration he is facing from other nations might also spread domestically to consumers and businesses.

“WILL THERE BE SOME PAIN? YES, MAYBE (AND MAYBE NOT!),” Trump said in a social media post. “BUT WE WILL MAKE AMERICA GREAT AGAIN, AND IT WILL ALL BE WORTH THE PRICE THAT MUST BE PAID.”
Inflation is already slowing, Sybil.
 

Dow falls 800 points as Trump’s tariffs threaten a dangerous trade war​

US stocks tanked Tuesday morning after President Donald Trump made good on his threat to levy tariffs on Canada and Mexico, paving the way for a global trade war as leaders of both trading partners threatened retaliation.

The hefty tariffs imposed by the Trump administration could contribute to a crash in the global economy, similar to the Great Depression of the 1930s, said Andrew Wilson, the deputy secretary-general of the International Chamber of Commerce, according to the Wall Street Journal.


“Biden’s fault”
 
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