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Dow Plunge: "I am a Tariff Man,” Trump tweeted.
Posted by: Steve G.
Date: December 04, 2018 03:31PM
Stock markets plunge after Trump’s ‘Tariff Man’ tweet
December 4, 2018 | 4:20pm | [nypost.com]
Stocks took a nosedive on Wall Street as investors worried that a US-China trade truce reached over the weekend wasn’t all it was cracked up to be.

The Dow Jones Industrial Average sank almost 800 points Tuesday.

Boeing and Caterpillar, two major exporters which would have much to lose of trade tensions don’t ease, weighed the most on the Dow.

Bond prices soared sharply, sending yields lower, as traders shoved money into lower-risk investments.

The sharp drop in yields hurt banks because it makes it harder to earn money from lending. JPMorgan Chase sank 4.5 percent.

The S&P 500 lost 90 points, or 3.2 percent, to 2,700.

The Dow dropped 799 points, or 3.1 percent, to 25,027. The Nasdaq fell 283 points, or 3.8 percent, to 7,158.

The markets plunged after Trump unleashed a threatening tweet Tuesday morning.

“President Xi and I want this deal to happen, and it probably will. But if not remember, I am a Tariff Man,” Trump tweeted.
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Re: Dow Plunge: "I am a Tariff Man,” Trump tweeted.
Posted by: pdq
Date: December 04, 2018 04:18PM
“Tariff man”, “Rocket man”... it’s getting hard to keep all these delusional wannabe autocrats straight these days.
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Re: Dow Plunge: "I am a Tariff Man,” Trump tweeted.
Posted by: Speedy
Date: December 04, 2018 05:19PM
Dotard works for me.



Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.



Edited 1 time(s). Last edit at 12/04/2018 05:20PM by Speedy.
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Re: Dow Plunge: "I am a Tariff Man,” Trump tweeted.
Posted by: bfd
Date: December 04, 2018 08:14PM
D*ckhead works for the rest of us… Mushroom man for a select few.

It's clear that he wants to throw the world's stock markets into disarray - he's done a fairly good job of it so far this year.



Edited 1 time(s). Last edit at 12/04/2018 08:15PM by bfd.
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Re: Dow Plunge: "I am a Tariff Man,” Trump tweeted.
Posted by: Markintosh
Date: December 04, 2018 09:06PM
I am guessing that "Tariff Man" was concocted at a short "informal" meeting where Trump was directed to crush the economy and cut funding for the military...



“Live your life, love your life, don’t regret…live, learn and move forward positively.” – CR Johnson
Loving life in Lake Tahoe, CA
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Re: Dow Plunge: "I am a Tariff Man,” Trump tweeted.
Posted by: samintx
Date: December 05, 2018 06:19AM
Is this orange man confused or what banghead smileyconfused smiley
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