Discussion: Dow Drops 700 Points As US Stocks Veer Sharply Lower Even After US-China Trade Truce

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“The trade dispute has rattled markets in recent months as signs emerged that it has begun affecting corporate profits. That’s stoked traders’ fears that if it drags much longer it could further weigh on global economic growth.”

Clearly, the S&P got tired of all the winning.

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MAGA = Make America Gyrate Again!

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Spankee is gonna be hopping mad that he’s gonna be cheated out of his “best economic prez ever” award by a stoopie Dem-infiltrated S&P.

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someone work up a ditty called Tariff Man to the tune of Rocket Man…

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US Stocks Veer Sharply Lower Even After Alleged US-China Trade Truce

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I love that Beatles tune.

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The bull that brings his own licensed, name-branded china shop with him.

And also ) ( tells { } to stop fidgiting.

(video with tweet)

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Yeah, Wall Street, in the morning light that truce looks a lot more like a regular old ongoing trade war than it did last night. And you could have sworn you went out with 800 points in your wallet and now there’s only a couple of singles there. Oh, and the trade war wants to know what’s for breakfast! How’s that headache, you dumb SOB?

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:notes::notes:You hit at me, I’ll hit at you,
Ten times back and then I’ll sue.
O yes I’ll sue ya, I’ll sue ya.:notes::notes:

Sung to the insipid tune “Alleluia”.

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J.P. Morgan is apparently telling investors that the supposed China “deal” is a mirage:

No wonder the markets are falling. Despite the Dotard’s assurance that “this is one of the greatest deals ever made.”

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That should have been this headline, there never was a truce.

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So maybe the glorified craps table called The Market isn’t really a good indicator of the overall economy?

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Piss on Wall Street.
Capitalist jackals.
Only allegiance = $$$$$

The Dotard’s economic ideas never progressed beyond 16th-century mercantilism. Perhaps by “the great wealth of our nation,” he means our supply of gold bullion.

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and explain to me why it took “the market” two years to catch on to the lies and chaos

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Aunt Crabby nails it:

Aunt Crabby calls Bullshit
@DearAuntCrabby
·
1h
It looks like the Stock Markets thinks
@realDonaldTrump
it not telling the truth about his being “Tariff Man.”

It’s more like he’s “Full of Shit Man”

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+1. The market has come to doubt anything that Trump - who has a habit of lying - says. The promised deal with the EU was nothing, the North Korea deal was a nothing, the new NAFTA is basically a slightly worse (environmental/labor) and slightly better short term (more high wage content in cars) and worse long term (higher costs will push car MFG entirely outside of NA) deal. And on China is all talk.

And at some point the markets have to wake up to the fact that the tax cut rush is over and that Trump is doing real damage to the real economy as he shoots off his mouth and lies to try to make himself look bigger than he is.

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With the gap down on the open, the candles were signalling that yesterday was a blowoff top…

Great day to be short… :slight_smile:

Edit: Not only short but with good slug of gamma for the ride down…

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Don’t worry Tariff Man will come to the rescue.

After all trade wars are easy!

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