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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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shouldn't "plunge" refer to a % drop minimum. /s
1 posted on 12/04/2018 1:35:29 PM PST by SMGFan
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To: SMGFan

Someone can belch and the market will tank. It does it all the time.


2 posted on 12/04/2018 1:38:10 PM PST by Terry Mross (On some threads it's best to go jst inraight up his seat. to the comments..)
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To: SMGFan

A great deal of trading is based on models which assume that Trump’s approach simply cannot be correct. Free Trade is no longer an economic theory or approach, it is now a fetish and/or quasi-religion.


3 posted on 12/04/2018 1:38:13 PM PST by cdcdawg
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To: SMGFan

The globalists are scared. Good. Let it drop.


4 posted on 12/04/2018 1:38:54 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: central_va

There will now be an article on Yahoo - “What you need to know about the Dow plunging” with all sorts of snide comments by liberal snowflakes.

I am 99% sure it’s coming. We’ll see.


5 posted on 12/04/2018 1:41:01 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: SMGFan

Stupid, dishonest.

China bought a bunch of long US Treasuries.
Should be a good thing, maybe not in the very short term.


6 posted on 12/04/2018 1:41:08 PM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: SMGFan

Careful, Mr. Trump.
This is a high stakes game of Word-Poker.
What you don’t deal can have as much weight as what you do obviously throw on the table.


7 posted on 12/04/2018 1:41:16 PM PST by lee martell (AT)
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To: SMGFan
No problem....they'll simply buy it back in a month or so....at a lower price.

Hardly anything new.

8 posted on 12/04/2018 1:41:22 PM PST by Sacajaweau
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To: SMGFan

Just little snowflakes...


9 posted on 12/04/2018 1:43:27 PM PST by Guenevere
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To: SMGFan

Hilarious that the idiots in the NYSE can’t figure out his tactics and go with it.


10 posted on 12/04/2018 1:43:36 PM PST by Regulator
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To: central_va

This is a sure sign of their panic as justice is about to slam down on them.


11 posted on 12/04/2018 1:44:09 PM PST by DarthVader (Not by speeches & majority decisions will the great issues of today be decided but by Blood & Iron)
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To: Terry Mross

Which is why I dont invest in the stock market, too volatile..you can look at it funny and it can plummet


12 posted on 12/04/2018 1:44:29 PM PST by Sarah Barracuda
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Because correlation is causation. 🤪
13 posted on 12/04/2018 1:44:32 PM PST by proust ("The rule is, jam tomorrow and jam yesterday, but never jam today.")
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To: DarthVader

I had no idea that the stock market reads Trump’s tweets LOL


14 posted on 12/04/2018 1:44:57 PM PST by Sarah Barracuda
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To: lee martell

I am glad it dropped that means the world ( gloBULLists ) takes him seriously AS THEY SHOULD.


15 posted on 12/04/2018 1:45:02 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: SMGFan

So the msm media is finally giving credit to Trump for movement in stocks? I thought it was all obumber’s doing.


16 posted on 12/04/2018 1:45:26 PM PST by JoSixChip (He is Batman!)
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To: SMGFan

Tariff tweet didn’t cause it. Truth: MSM saw 2 yr treasury curve invert by 0.01, literally, and then pronounced, “Recession”...recessions happen months after, like, the 10-yr curve inverts. This is not now with 3.5% unemployment, etc. Does it feel like a recession??? No way!

Why did this happen? Because they want PDJT out of office, no more, no less...and programmed sells pilled on and on, many likely from Buffet, Steyer, Soros...

Tomorrow the market is closed; I have already sent “Contact the Whitehouse” two ideas of getting ahead of this and not letting MSM control the message...

Also, MSM knows PDJT will not want to steal the limelight from GHWB, so they caused it now. Duh.

I hope PDJT does address this and call them out. Fake recession. Fake sell off cooked up by MSM and the Dems...of course, that is redundant.

I’m pissed as it cost me a LOT of money today.


17 posted on 12/04/2018 1:45:34 PM PST by CincyRichieRich (No provisional ballots allowed; ever notice there have never been Republican ballots found?)
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To: SMGFan
New economic theory:


18 posted on 12/04/2018 1:45:36 PM PST by dead (Our next president is going to be sooooo boring.)
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To: SMGFan

The liberals who did not give Trump credit for their former 401 gains are hurting today, and I say: Haha, too bad, so sad. Go ahead and blame it on Trump; I am just happy that you are distressed today.


19 posted on 12/04/2018 1:47:26 PM PST by EnquiringMind
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To: DarthVader

It’s good to have someone around wearing rose colored glasses.


20 posted on 12/04/2018 1:48:22 PM PST by JoSixChip (He is Batman!)
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