Trump announces tariffs on Steel and Aluminum. Fear of trade wars cause Markets to tank.

[politicaljunkie41910]

His buddy Carl Ichan than goes into a babbling speech about inflation and the longer Ichan talks, the more the market sinks.

[politicaljunkie41910]

1. Carl Ichan says that Paul Tudor Jones believes the Tax Cut was a bad idea.

Paul Tudor Jones is a hedgefund boss who predicted the 1987 Stock Market Crash and is warning of a selloff of bonds. I hate that CNBC allows Icahn to come on their show and he just runs off with the mouth as we watch the market tank. In this case he's not even spouting his own opinion. Icahn is spouting someone else's opinion of what that other person thinks is going to happen in the market, and the market tanks. This is the second time that I've seen this happen on CNBC. They ought not to let Icahn back on the show. He shouldn't be able to call into the show and spout another person's opinion and tank the market. Now if they want that other person as a guest they should invite that person on. Since this is the second time I've seen Icahn do this, I think he does it on purpose, or because he's senile. Either way, he should never be a guest on that show again.

[Wellstone ruled]

2. CNBC is so far to the Right,

And now that Icahn has completed his rehab from Heart problems,look for him to be one of their regular so called Contributors.

As you noted,his followers,(coat tailers)will jack the market as to allow Icahn to steal another Company.

[politicaljunkie41910]

3. Icahn when asked what stocks he was buying responded, "nothing". He said stock prices were too high.

He also thought bond prices would fall. He then proceeds to talk and talk and everything he said was negative regarding the market and you could just watch as the market prices kept going down. Yes, the tariff initially played a role in the market decline but the longer Icahn talked about other negative issues in the market, the faster and further the decline.

My guess is that he will put in a market order before the day is up and buy since he achieved his goal of driving prices down.

[Wellstone ruled]

5. Understand Icahn is one of Trump's daily

phone calls.

Heard this same spiel before. And each time the market did head south. And of course,Ichan made a killing.

[dembotoz]

4. there has to be a joke in there about how he wanted tanks for his parade and now he has one