Trade Uncertainty Soars due to Trump's Flip-Flopping on tariffs

[Luckyone]

Ok I assume you know what an "index" is related to stock. A gauge or estimate of stock or bond performance, assigned some arbitrary number. You know there are other things happening in the world besides whatever Trump is doing to trigger you, don't you? There are wars and threats of wars, Brexit upheavals, a possible EU breakup, not to mention inflation and debt causing havoc in the world. If someone would have replaced the labels "Trump did this" on your chart with "Biden started shit" or "Deep state threatens Iran" would it change things? That's just a lot of opinion you got going there.

Look, I have been an official stock analyst for 48 years and was trained by the best in the industry (Merrill Lynch and Pru-Bache). I FULLY understand how the market works and the ups and downs involved. There has NEVER been anything in the last 48 years that has been like what has happened now. President Carter was the closest thing that has caused the market to do the gyrations it has done when something was said by him, and even then the gyrations seen under Carter were miniscule compared to Trump.

Yesterday evening, a Federal court judge declared the following:

US court blocks most Trump tariffs, says president exceeded his authority​

and right after that announcement, the DOW was trading 560 points higher (last night). It opened 90 points higher and then it got down to as much as 170 points lower. It is now 23 points higher. That is a 750 point move over a period of about 10 hours and yet nothing has actually changed as Trump can appeal that ruling and probably will win. This is the definition of UNCERTAINTY and it is not due to normal market action.

Stop the bullshit excuses. They don't work except with Trump supporters.

 

[John Edgar Slow Horses]

Are you not a patronizing little snot.

"Little Taco" is certainly one, so you get it honestly.