Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

pbmus

(12,422 posts)
Mon Feb 5, 2018, 04:52 PM Feb 2018

Market mayhem puts Trump in a tough spot

President Trump didn't just take credit for the booming stock market. He outright cheered it to go "up, up, and up."

But all of a sudden, the stock market that Trump attached himself to is in turmoil, putting the White House in a difficult spot. The Dow has plunged more than 2,100 points, or 8%, in just six trading days as investors fret over cracks emerging in the bond market.

"We're always concerned when the market loses any value," a White House official said in a statement on Monday morning. "But we're also confident in the economy's fundamentals."

http://money.cnn.com/2018/02/05/investing/dow-jones-trump-stocks-markets/index.html?

5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Market mayhem puts Trump in a tough spot (Original Post) pbmus Feb 2018 OP
he'll blame it on Dems not applauding his SOTU rurallib Feb 2018 #1
these money folk know more than us angstlessk Feb 2018 #2
You will hear about a few more repukes coming out to denounce the pbmus Feb 2018 #3
Looks like the Billionaire Tax Cut is kicking in. lagomorph777 Feb 2018 #4
Bingo.. pbmus Feb 2018 #5

rurallib

(62,431 posts)
1. he'll blame it on Dems not applauding his SOTU
Mon Feb 5, 2018, 04:57 PM
Feb 2018

and sending a bad message.

Never, never underestimate this guy's ability to lie and twist reality.

pbmus

(12,422 posts)
3. You will hear about a few more repukes coming out to denounce the
Mon Feb 5, 2018, 05:03 PM
Feb 2018

Big Con...

When stock market goes down, so does Big Con...

lagomorph777

(30,613 posts)
4. Looks like the Billionaire Tax Cut is kicking in.
Mon Feb 5, 2018, 05:06 PM
Feb 2018

What a brilliant plan.

Dems need to get out there and blame this crash on the tax scam. This is the week many people are seeing that their share of the big bonanza is $1.50. They're finally getting it. I can hardly wait for the next round of polls.

Latest Discussions»General Discussion»Market mayhem puts Trump ...