william104
Senior Member
- Oct 16, 2018
- 579
- 68
- 45
It appears the experiment of lawlessly hacking, rigging and trolling in this counterfeit so-called president tRump in violation of constitutional law and the will of the majority has resulted in a curse in more ways than one. In particular, it also appears the economy reacts to anything that is of a fraudulent nature in a negative way, and in this case, it further appears the economy is reacting negatively as a result of this Russian puppet and felonious imposter tRump. The DOW fully recovered prior to this demagogue power grabbing his way in there and now that the economy is suffering, tRump plays the projecting blame game. Also, the type of blaming this fraud is engaging in is just too asinine for words. Yet it appears this so-called president is projecting the fact that it could be his war on the global economy as in a trade war which is having a adverse impact on the Stock Market.
Trump makes baseless claim that the stock market is plunging because of the prospect of Democrats investigating him
Trump on Monday attempted to pin a recent decline in stocks on Democrats, baselessly blaming the possibility of investigations by House committees.
"The prospect of Presidential Harassment by the Dems is causing the Stock Market big headaches!" Trump tweeted.
The Dow Jones Industrial Average was down by just over 400 points as of 11:30 a.m. ET.
While the stock market has been on rough footing lately, most analysts attribute the issues to major companies signaling weaker-than-expected future earnings and continued trade-war fears, rather than the results of the midterm elections, in which Democrats won control of the House and the GOP held the Senate as expected.
Analysts say the likelihood of gridlock with a divided Congress is a neutral result for stocks and is likely to have little impact.
But Trump has for weeks claimed that a Democratic victory in the midterms would be negative for stocks, and he increased his focus on the market in the run-up to Election Day last Tuesday.
Following the midterms, Trump has doubled down on arguing that there is no reason for investigations into possible connections between his campaign and Russia and that his tax returns shouldn't be released.
But the biggest political problem for markets may be of Trump's own making. Analysts have cited continued pressure from the president's trade war and the possibility that the conflict could escalate as among the biggest threats to the market's continued growth.
"This trade issue is clearly the wild card for both the global economy and investing," David Kelly, the chief global strategist at JPMorgan Funds, wrote in a note to clients. "
source: businessinsider .com
Trump makes baseless claim that the stock market is plunging because of the prospect of Democrats investigating him
Trump on Monday attempted to pin a recent decline in stocks on Democrats, baselessly blaming the possibility of investigations by House committees.
"The prospect of Presidential Harassment by the Dems is causing the Stock Market big headaches!" Trump tweeted.
The Dow Jones Industrial Average was down by just over 400 points as of 11:30 a.m. ET.
While the stock market has been on rough footing lately, most analysts attribute the issues to major companies signaling weaker-than-expected future earnings and continued trade-war fears, rather than the results of the midterm elections, in which Democrats won control of the House and the GOP held the Senate as expected.
Analysts say the likelihood of gridlock with a divided Congress is a neutral result for stocks and is likely to have little impact.
But Trump has for weeks claimed that a Democratic victory in the midterms would be negative for stocks, and he increased his focus on the market in the run-up to Election Day last Tuesday.
Following the midterms, Trump has doubled down on arguing that there is no reason for investigations into possible connections between his campaign and Russia and that his tax returns shouldn't be released.
But the biggest political problem for markets may be of Trump's own making. Analysts have cited continued pressure from the president's trade war and the possibility that the conflict could escalate as among the biggest threats to the market's continued growth.
"This trade issue is clearly the wild card for both the global economy and investing," David Kelly, the chief global strategist at JPMorgan Funds, wrote in a note to clients. "
source: businessinsider .com
