Dow plunges 500+ points after Trump blasts ‘hostile’ China, threatens ‘massive’ tariffs

[todd down under]

To the contrary, I’ve done so well in the market that I retired in my 50s.

I don’t get paid for posting it. You’re confused with all the foreign antisemites. (We’ve had a new slew of them recently.)

Sure you did, honey. That's why you sit here all day spewing "anti-semite" in posts about sports and food.

 

[Lisa558]

Sure you did, honey. That's why you sit here all day spewing "anti-semite" in posts about sports and food.

And you’re one of the foreigners crapping all over an American website.

BTW, Australia has been invaded by some really hateful Muslims. Maybe you’re one of them.

 

[Cellblock2429]

View attachment 1171908

MSN

US stocks nosedived Friday after President Trump threatened a “massive increase” of tariffs on China, accusing the nation of “becoming very hostile” in its rare earth restrictions.

The Dow Jones Industrial Average plunged 518 points, or 1.1%, by approximately 12:25 p.m. ET, while the S&P 500 and tech-heavy Nasdaq fell 1.3% and 1.8%, respectively.

Investors quickly grew fearful of heightened trade tensions as Trump appeared to cancel a planned meeting between himself and Chinese counterpart Xi Jinping later this month.

Damn, it does not take much to panic the market!

I swear I went into town and things were around 150 points into the green the Boom! when I looked after lunch the bottom dropped out!

Oh well, a pull back was expected so may as well get it over with.

/-----/ It will settle down and will be a buying opportunity for ADM.

 

[1srelluc]

Another internet stock guru!

I don't know, even vile dems can make money in this market....Well of course unless they were some of the chumps that panicked back in April.

 

[Zincwarrior]

1) I’m still way ahead for the year.
2) Market will bounce back.

You hold onto that. Winter is coming.

 

[Lisa558]

You hold onto that. Winter is coming.

Since you have a crystal ball, why don’t you buy some puts and clean up?

And besides, my timeline extends beyond three months. With the reset that Trump has set in motion, the future looks bright.

 

[Zincwarrior]

Since you have a crystal ball, why don’t you buy some puts and clean up?

And besides, my timeline extends beyond three months. With the reset that Trump has set in motion, the future looks bright.

Yes once he is out of office it will be bright. We just have to survive the coming Trump depression

 

[1srelluc]

You hold onto that. Winter is coming.

Dude, if you don't have a portfolio that has grown fat enough to choke a horse then you are doing it wrong.

 

[Winco]

1) I’m still way ahead for the year.
2) Market will bounce back.

Way ahead?

The market (DOW) is up 3.3% for the year.

So how do you describe the market (DOW) when it went up over 10% on average in each of Bidens 4 years.

You must consider that Biden Market a HUGE or YUGE boom.
Amirite?

 

[Zincwarrior]

Dude, if you don't have a portfolio that has grown fat enough to choke a horse then you are doing it wrong.

Inflation up. Housing costs up. Job growth nonexistent, tariffs taxing Americans. There will be retribution for this.

 

[1srelluc]

Inflation up. Housing costs up. Job growth nonexistent, tariffs taxing Americans. There will be retribution for this.

Not from me, I'm setting pretty.

Sucks for you if you failed to look after you and yours.

 

[Lisa558]

Yes once he is out of office it will be bright. We just have to survive the coming Trump depression

No, he’s set the field in motion. Then Vance or Rubio will run with it for the following 8 years.

You don’t actually think an airhead like AOC will be able to beat Vance, do you?

 

[BackAgain]

China announced new rare earth export controls. This will cause supply chain disruptions.

Yep.

China has a right to sell or not sell as it sees fit.

But we have a right to let them know that we can return the punches just as ******* hard.

If they can’t play fair, then I’m down with beating them down economically.

 

[HikerGuy83]

Oh well, a pull back was expected so may as well get it over with.

Not this kind.

I had one that was flying today and it nosed over and augured in.

I wish he'd keep his stupid mouth shut.

But I'd still vote for him again (for all you guys whose loyalty blows with the wind).

 

[Lisa558]

Not this kind.

I had one that was flying today and it nosed over and augured in.

I wish he'd keep his stupid mouth shut.

But I'd still vote for him again (for all you guys whose loyalty blows with the wind).

Especially if we were given the same choice: Kamala would have been a disaster.

 

[Muhammed]

Yep.

China has a right to sell or not sell as it sees fit.

But we have a right to let them know that we can return the punches just as ******* hard.

If they can’t play fair, then I’m down with beating them down economically.

I think it's part of their "Made in China 2025" program. Green Fence was part of it too.

 

[JWBooth]

Down some 800 points when I looked a little while ago.
It remains to be seen if it does anything different going forward.

 

[CrazyTrader55]

Good. Time for a pullback.

 

[Lisa558]

Good. Time for a pullback.

If people would diversify properly, they’d be cushioned against this type of thing. What’s wrong with “balanced” funds that invest in both bonds and stocks? Or, separate stock funds and bond funds? And a little precious metal - gold and silver - as a hedge?

Instead of public high schools teaching about “social justice” and “whiteness problems,” they should be teaching basic savings and investing.

 

[CrazyTrader55]

If people would diversify properly, they’d be cushioned against this type of thing. What’s wrong with “balanced” funds that invest in both bonds and stocks? Or, separate stock funds and bond funds? And a little precious metal - gold and silver - as a hedge?

Instead of public high schools teaching about “social justice” and “whiteness problems,” they should be teaching basic savings and investing.

Amen.

But there's a reason that they aren't. The government and corporate masters want a dumbed down population. Smart enough to run the machines and follow orders..... not smart enough for critical thinking.

George Carlin called it! It's a big club. And you ain't in it.