General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Dow on a 2nd day drop......
Down close to 400 points because of the Tariffs and lack of a Trade Deal with China. Companies with business ties to China In the Tech industries are nervous. Farmers still shut out of Markets as Farm incomes continue to drop.
If this continues, Trump will have nothing to brag about.
ProudMNDemocrat
(16,784 posts)Response to ProudMNDemocrat (Original post)
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malaise
(268,964 posts)-440.70
Johnny2X2X
(19,060 posts)Zero doubt in my mind that he tells investors who are donors when he's going to tank and boost the markets.
First it's "Tough on China" and then a few days or weeks later he blubbers about what "Great progress is being made on China deal."
It's pump and dump greenmail and Old Yeller has been called on it a few times. But, nobody listens and the Senate isn't about to do anything about it.
The money laundry now includes essentially the entire Stock Market. It's so manipulated, I don't even attempt to track it anymore.
I guess when the majority of Americans think the stock index is a major indicator of the economic health of America... They'll eventually get what they deserve.
Johnny2X2X
(19,060 posts)It was a lie, when he said we have a deal in principle but it might take a few weeks to work out, China said they had no idea what he was talking about.
Wounded Bear
(58,648 posts)Liars calling liars liars.
That's what we're down to.
Hugin
(33,135 posts)Which he has successfully done several times this year. When everyone outside of the Trumpanzees knows rates should be headed up.
Like you are saying, I guarantee there are a select few who have been queued in to watch for the "buy" "sell" signals to time their trades. Maybe not directly, in fact, it's deliberately not directly communicated. (Like in the Ukraine Affair) It is communicated via some back channel and innuendo. Let's face it... The Trump gang, aided by the Republicans, are organized crime.
ProudMNDemocrat
(16,784 posts)Farmers going out of business.
Manufacturing stopping in this country.
Stagnant wages.
Income inequality rising.
Recession is looming around the corner. Trump is happily destroying this country.
Wounded Bear
(58,648 posts)when everybody knew it was coming, but Bush and the Repubs were trying every trick in the book to push the actual bomb dropping out past the election. They failed by several months.
Will they succeed this time and get Trump re-elected based on the "great" economy?
Time will tell, but I've been feeling the Trump Slump is coming for a long time. They can only milk the vestiges of the Obama economy for so long before the bills come due.
RainCaster
(10,869 posts)Yet the deplorables will insist that this is the winning strategy.
TheFarseer
(9,322 posts)To get you to sell so they can buy at lower prices. Dont fall for this trick again! Of course, just my opinion.