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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSo why did the market like Trump's trade deal today?
Nasdaq hit a record high.
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So why did the market like Trump's trade deal today? (Original Post)
triron
Aug 2018
OP
lapfog_1
(29,205 posts)1. because he did just blow up trade with a major trading partner
Trump tantrums are priced in at this point... and when they don't materialize....
bearsfootball516
(6,377 posts)2. In theory, the new deal would provide market stability.
And the stock market likes stability.
Turbineguy
(37,343 posts)3. Because trump said
they like it.
underthematrix
(5,811 posts)4. I got the sense the market was being manipulated
by Trump friendly criminals. I based this on a remark Trump made during his most recent Fox interview. He said if he were impeached the market would crash and people would be poor.
triron
(22,007 posts)6. Yeah, that thought passed through my mind as well.
It would sure be interesting to see where the movement came from (investor wise).
ornotna
(10,803 posts)5. The market loves having smoke blown up it's ass n/t
tirebiter
(2,538 posts)7. With the new trade deal nothing really changed except for the name
That has to be a relief.
triron
(22,007 posts)8. I fear this may help repukes in the midterms.
elleng
(130,974 posts)9. Because there are no details???
NCjack
(10,279 posts)10. Trump always finds greater fools to follow him. nt
GeorgeGist
(25,321 posts)11. Lot's of gullibility drives of the markets.
Squinch
(50,955 posts)12. We've been showed this for decades: financial people
are mostly ignorant republican twits.
They're just not that bright.