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Tue Dec 6, 2016, 04:49 PM

Did Donald Trump tank Boeings stock because he was mad about a news article? [View all]

This discussion thread was locked as off-topic by OKNancy (a host of the Latest Breaking News forum).

Source: Washington Post

The Fix
Did Donald Trump tank Boeing’s stock because he was mad about a news article?

By Philip Bump December 6 at 1:50 PM


Shares of stock in aircraft manufacturer Boeing fell nearly $2 a share before markets opened on Tuesday.

https://img.washingtonpost.com/wp-apps/imrs.php?src=&w=1484

Were Boeing to lose a $4 billion contract, that would certainly cause people to be skeptical of future earnings. But this, as seems always to be the case with Donald Trump tweets, is not the full story.
(snip)

"Last year, we delivered 495 737s from our factory in Renton, Wash., to customers around the world," Muilenberg continued, noting that a third of the planes were sent to China. "This phenomenon would have been unimaginable when I started at the company in 1985."

Those are pointed comments. It was Trump, of course, who robustly criticized free trade during the general election. And it is Trump who, this week, seemed to threaten a trade war with China.

That story has a dateline of 7:30 Central time -- 8:30 Eastern. Trump's tweet came out a few minutes later.

We don't know that Trump was responding to the Tribune story. We do know that the last time he tweeted an out-of-the-blue opinion, about flag-burning, it was immediately after a Fox News segment showing students burning flags.
(snip)



Read more: https://www.washingtonpost.com/news/the-fix/wp/2016/12/06/did-donald-trump-tank-boeings-stock-because-he-was-mad-about-a-news-article/?utm_term=.1991a9836f3a



So The Donald is ticked off about comments the Boeing CEO made about free trade, and so Donald decides to tank Boeing stock.



Jesus= this is going to be a LONG 4 years....

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Reply Did Donald Trump tank Boeings stock because he was mad about a news article? [View all]
James48 Dec 2016 OP
bucolic_frolic Dec 2016 #1
Fichefinder Dec 2016 #2
NYC Liberal Dec 2016 #3
OKNancy Dec 2016 #4