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Old 12-24-2018, 02:27 PM   #3
wdmso
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Join Date: Jun 2012
Location: Somerset MA
Posts: 9,111
Quote:
Originally Posted by Jim in CT View Post
cnbc says it’s because secretary munchin hinted banks weren’t as solvent as they need to be, and that investors are worried about increasing rates. i’m sure you know better, it’s all trumps fault. would
you feel better about a market crash if trump did it?

his tweet was pathetic. it didn’t cause the market to drop, the market already knows he’s a baby.
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who is munchin boss and who caused muchin to feel the need to make Those call’s. Hint. Trump

The Dow Jones Industrial Average was down roughly 200 points for the day at the time of Donald Trump’s tweet. After he reminded investors that he has no idea how economics works, they began selling off further, and the DJIA quickly dropped another two hundred points (Update: now down 650 points at close)
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