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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDow Average Down Almost 3% at the Close
23,959.06 Price decrease 723.25 (2.93%)
I guess maybe Trump's tariff idea wasn't so good after all, eh?
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Dow Average Down Almost 3% at the Close (Original Post)
MineralMan
Mar 2018
OP
If China slaps meaningful tariffs tomorrow, itll drop -1,000 on Friday alone.
bearsfootball516
Mar 2018
#6
Botany
(70,490 posts)1. So much winning!
Market summary > Facebook, Inc. Common Stock
NASDAQ: FB - Mar 22, 4:05 PM EDT
164.89USDPrice decrease4.50 (2.66%)
moondust
(19,972 posts)2. Ali Velshi says
his concern/worry threshhold is -2.5%.
MineralMan
(146,286 posts)3. Well, I guess he's worried now, then.
Johnny2X2X
(19,038 posts)4. Trump is an idiot.
China could slap massive tariffs on us tomorrow that will rank the markets further.
MineralMan
(146,286 posts)5. He is, indeed.
bearsfootball516
(6,377 posts)6. If China slaps meaningful tariffs tomorrow, itll drop -1,000 on Friday alone.
Johnny2X2X
(19,038 posts)7. We all lose in a trade war.
What Trump doesnt realize is China is more willing to sacrifice than the US is. If their economy slows they wont blink, they dont answer to the people. If ours does Trump will get blasted.
Renew Deal
(81,855 posts)8. This is the "tank the economy" portion of his presidency
It's almost as if he's doing any crazy thing America's enemies suggest
Achilleaze
(15,543 posts)9. The republicanomics of Comrade Dirty Donny* & cronies is a Time Bomb
set to weaken America even further.
* aka republican Draft-Dodger-in-Chief
Cicada
(4,533 posts)10. US Stocks are worth 30 trillion so loss today is about 900 billion
Markets worry about a trade war. 900 billion is a big price to pay.