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Trump Plunges Nation Into Chaos as Markets Tank
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Dec 26, 2018 11:38:23   #
Bad Bob Loc: Virginia
 
https://www.politicususa.com/2018/12/25/trump-plunges-nation-into-chaos-as-markets-tank.html

Democratic leaders of Congress blasted President Donald Trump yesterday for “plunging the country into chaos.” Senate Democratic Leader Charles Schumer (N.Y.) and House Democratic Leader Nancy Pelosi (Calif.) issued a statement expressing their concerns about Trump’s behavior that have caused a drop in the stock markets and a government shutdown.
“It’s Christmas Eve and President Trump is plunging the country into chaos. The stock market is tanking and the president is waging a personal war on the Federal Reserve — after he just fired the Secretary of Defense,” Schumer and Pelosi wrote in their statement after the financial markets closed.


It was a short trading day yet the Dow Jones Industrial Average still dropped 653 points Monday in the worst day of trading on Christmas Eve in history. The benchmark average has declined over 4,000 points since the beginning of the month, and has now entered bear market territory.

Other market indices, such as the S&P 500 and the NASDAQ have also experienced huge declines, for the day and for the month. The year-to-date returns for all market indices is extremely bad, with declines of around 15% for the year.
Oil prices also plummeted by nearly 7 percent yesterday, going to an 18-month low. This is sharp decline is a signal predicting weak demand and an economic slowdown in the coming year.

Trump has increased financial market volatility by expressing criticism of the Federal Reserve. The U.S. central bank raised interest rates by a quarter of a percentage point last week, but they are supposed to operate independently of politics and their fiscal policies are not subject to the whims or dictates of the president.
Even though he has created turmoil, Trump continued his attacks on the Fed yesterday, tweeting “the only problem our economy has is the Fed.” He also has reportedly threatened to fire Federal Reserve Chairman Jerome Powell, causing more uncertainty in world markets.

The federal government, of course, is still mired in a partial shutdown caused by Trump’s demand for $5 billion to build a border wall with Mexico. By refusing to sign legislation for government funding he triggered the government shutdown at midnight on Friday. The shutdown may last into 2019 unless Trump compromises.
Schumer and Pelosi have said there will be no government funding for Trump’s border wall, which they believe is a bad idea and a waste of taxpayer money.
“Instead of bringing certainty into people’s lives, he’s continuing the Trump Shutdown just to please right-wing radio and TV hosts,” Schumer and Pelosi said in their joint statement.

Reply
Dec 26, 2018 11:42:08   #
lindajoy Loc: right here with you....
 
Its definately been a bad week in stocks and shows with the fed rate increase and wall street moving in to tank it on a false f**g, their efforts to remove Trump has been ramped up with this financial scare...

..
Bad Bob wrote:
https://www.politicususa.com/2018/12/25/trump-plunges-nation-into-chaos-as-markets-tank.html

Democratic leaders of Congress blasted President Donald Trump yesterday for “plunging the country into chaos.” Senate Democratic Leader Charles Schumer (N.Y.) and House Democratic Leader Nancy Pelosi (Calif.) issued a statement expressing their concerns about Trump’s behavior that have caused a drop in the stock markets and a government shutdown.
“It’s Christmas Eve and President Trump is plunging the country into chaos. The stock market is tanking and the president is waging a personal war on the Federal Reserve — after he just fired the Secretary of Defense,” Schumer and Pelosi wrote in their statement after the financial markets closed.


It was a short trading day yet the Dow Jones Industrial Average still dropped 653 points Monday in the worst day of trading on Christmas Eve in history. The benchmark average has declined over 4,000 points since the beginning of the month, and has now entered bear market territory.

Other market indices, such as the S&P 500 and the NASDAQ have also experienced huge declines, for the day and for the month. The year-to-date returns for all market indices is extremely bad, with declines of around 15% for the year.
Oil prices also plummeted by nearly 7 percent yesterday, going to an 18-month low. This is sharp decline is a signal predicting weak demand and an economic slowdown in the coming year.

Trump has increased financial market volatility by expressing criticism of the Federal Reserve. The U.S. central bank raised interest rates by a quarter of a percentage point last week, but they are supposed to operate independently of politics and their fiscal policies are not subject to the whims or dictates of the president.
Even though he has created turmoil, Trump continued his attacks on the Fed yesterday, tweeting “the only problem our economy has is the Fed.” He also has reportedly threatened to fire Federal Reserve Chairman Jerome Powell, causing more uncertainty in world markets.

The federal government, of course, is still mired in a partial shutdown caused by Trump’s demand for $5 billion to build a border wall with Mexico. By refusing to sign legislation for government funding he triggered the government shutdown at midnight on Friday. The shutdown may last into 2019 unless Trump compromises.
Schumer and Pelosi have said there will be no government funding for Trump’s border wall, which they believe is a bad idea and a waste of taxpayer money.
“Instead of bringing certainty into people’s lives, he’s continuing the Trump Shutdown just to please right-wing radio and TV hosts,” Schumer and Pelosi said in their joint statement.
https://www.politicususa.com/2018/12/25/trump-plun... (show quote)

Reply
Dec 26, 2018 11:54:45   #
Comment Loc: California
 
lindajoy wrote:
Its definately been a bad week in stocks and shows with the fed rate increase and wall street moving in to tank it on a false f**g, their efforts to remove Trump has been ramped up with this financial scare...

..


Blame the stupid FERERAL RESERVE; i.e. THE CENTRAL BANKS. eliminate the FED.

Reply
Dec 26, 2018 12:14:13   #
lindajoy Loc: right here with you....
 
Comment wrote:
Blame the stupid FERERAL RESERVE; i.e. THE CENTRAL BANKS. eliminate the FED.


Right there with you Comment!!!! Federal Reserve like many others need to go but it will not happen...

Plus, who the heck in Congress would you trust to handle our money??? Damn d********g they steel as bad as the Feds and wall st..

This IS an intended act with inside trading to shuffle money to safe havens while they in effect look to oust Trump, treasonous bastards that they are...

Reply
Dec 26, 2018 12:38:53   #
son of witless
 
Bad Bob wrote:
https://www.politicususa.com/2018/12/25/trump-plunges-nation-into-chaos-as-markets-tank.html

Democratic leaders of Congress blasted President Donald Trump yesterday for “plunging the country into chaos.” Senate Democratic Leader Charles Schumer (N.Y.) and House Democratic Leader Nancy Pelosi (Calif.) issued a statement expressing their concerns about Trump’s behavior that have caused a drop in the stock markets and a government shutdown.
“It’s Christmas Eve and President Trump is plunging the country into chaos. The stock market is tanking and the president is waging a personal war on the Federal Reserve — after he just fired the Secretary of Defense,” Schumer and Pelosi wrote in their statement after the financial markets closed.


It was a short trading day yet the Dow Jones Industrial Average still dropped 653 points Monday in the worst day of trading on Christmas Eve in history. The benchmark average has declined over 4,000 points since the beginning of the month, and has now entered bear market territory.

Other market indices, such as the S&P 500 and the NASDAQ have also experienced huge declines, for the day and for the month. The year-to-date returns for all market indices is extremely bad, with declines of around 15% for the year.
Oil prices also plummeted by nearly 7 percent yesterday, going to an 18-month low. This is sharp decline is a signal predicting weak demand and an economic slowdown in the coming year.

Trump has increased financial market volatility by expressing criticism of the Federal Reserve. The U.S. central bank raised interest rates by a quarter of a percentage point last week, but they are supposed to operate independently of politics and their fiscal policies are not subject to the whims or dictates of the president.
Even though he has created turmoil, Trump continued his attacks on the Fed yesterday, tweeting “the only problem our economy has is the Fed.” He also has reportedly threatened to fire Federal Reserve Chairman Jerome Powell, causing more uncertainty in world markets.

The federal government, of course, is still mired in a partial shutdown caused by Trump’s demand for $5 billion to build a border wall with Mexico. By refusing to sign legislation for government funding he triggered the government shutdown at midnight on Friday. The shutdown may last into 2019 unless Trump compromises.
Schumer and Pelosi have said there will be no government funding for Trump’s border wall, which they believe is a bad idea and a waste of taxpayer money.
“Instead of bringing certainty into people’s lives, he’s continuing the Trump Shutdown just to please right-wing radio and TV hosts,” Schumer and Pelosi said in their joint statement.
https://www.politicususa.com/2018/12/25/trump-plun... (show quote)



So the Fed hiking and threatening further interest hikes has nothing to do with the Stock Market " Tank " ? What think tank tells you what to think ?

Reply
Dec 26, 2018 12:42:49   #
Michael Rich Loc: Lapine Oregon
 
Bad Bob wrote:
https://www.politicususa.com/2018/12/25/trump-plunges-nation-into-chaos-as-markets-tank.html

Democratic leaders of Congress blasted President Donald Trump yesterday for “plunging the country into chaos.” Senate Democratic Leader Charles Schumer (N.Y.) and House Democratic Leader Nancy Pelosi (Calif.) issued a statement expressing their concerns about Trump’s behavior that have caused a drop in the stock markets and a government shutdown.
“It’s Christmas Eve and President Trump is plunging the country into chaos. The stock market is tanking and the president is waging a personal war on the Federal Reserve — after he just fired the Secretary of Defense,” Schumer and Pelosi wrote in their statement after the financial markets closed.


It was a short trading day yet the Dow Jones Industrial Average still dropped 653 points Monday in the worst day of trading on Christmas Eve in history. The benchmark average has declined over 4,000 points since the beginning of the month, and has now entered bear market territory.

Other market indices, such as the S&P 500 and the NASDAQ have also experienced huge declines, for the day and for the month. The year-to-date returns for all market indices is extremely bad, with declines of around 15% for the year.
Oil prices also plummeted by nearly 7 percent yesterday, going to an 18-month low. This is sharp decline is a signal predicting weak demand and an economic slowdown in the coming year.

Trump has increased financial market volatility by expressing criticism of the Federal Reserve. The U.S. central bank raised interest rates by a quarter of a percentage point last week, but they are supposed to operate independently of politics and their fiscal policies are not subject to the whims or dictates of the president.
Even though he has created turmoil, Trump continued his attacks on the Fed yesterday, tweeting “the only problem our economy has is the Fed.” He also has reportedly threatened to fire Federal Reserve Chairman Jerome Powell, causing more uncertainty in world markets.

The federal government, of course, is still mired in a partial shutdown caused by Trump’s demand for $5 billion to build a border wall with Mexico. By refusing to sign legislation for government funding he triggered the government shutdown at midnight on Friday. The shutdown may last into 2019 unless Trump compromises.
Schumer and Pelosi have said there will be no government funding for Trump’s border wall, which they believe is a bad idea and a waste of taxpayer money.
“Instead of bringing certainty into people’s lives, he’s continuing the Trump Shutdown just to please right-wing radio and TV hosts,” Schumer and Pelosi said in their joint statement.
https://www.politicususa.com/2018/12/25/trump-plun... (show quote)


There has been nothing so far that your mind handlers haven't blamed in the honorable Donald J Trump....another ho hum post.

Reply
Dec 26, 2018 12:50:34   #
Airforceone
 
Bad Bob wrote:
https://www.politicususa.com/2018/12/25/trump-plunges-nation-into-chaos-as-markets-tank.html

Democratic leaders of Congress blasted President Donald Trump yesterday for “plunging the country into chaos.” Senate Democratic Leader Charles Schumer (N.Y.) and House Democratic Leader Nancy Pelosi (Calif.) issued a statement expressing their concerns about Trump’s behavior that have caused a drop in the stock markets and a government shutdown.
“It’s Christmas Eve and President Trump is plunging the country into chaos. The stock market is tanking and the president is waging a personal war on the Federal Reserve — after he just fired the Secretary of Defense,” Schumer and Pelosi wrote in their statement after the financial markets closed.


It was a short trading day yet the Dow Jones Industrial Average still dropped 653 points Monday in the worst day of trading on Christmas Eve in history. The benchmark average has declined over 4,000 points since the beginning of the month, and has now entered bear market territory.

Other market indices, such as the S&P 500 and the NASDAQ have also experienced huge declines, for the day and for the month. The year-to-date returns for all market indices is extremely bad, with declines of around 15% for the year.
Oil prices also plummeted by nearly 7 percent yesterday, going to an 18-month low. This is sharp decline is a signal predicting weak demand and an economic slowdown in the coming year.

Trump has increased financial market volatility by expressing criticism of the Federal Reserve. The U.S. central bank raised interest rates by a quarter of a percentage point last week, but they are supposed to operate independently of politics and their fiscal policies are not subject to the whims or dictates of the president.
Even though he has created turmoil, Trump continued his attacks on the Fed yesterday, tweeting “the only problem our economy has is the Fed.” He also has reportedly threatened to fire Federal Reserve Chairman Jerome Powell, causing more uncertainty in world markets.

The federal government, of course, is still mired in a partial shutdown caused by Trump’s demand for $5 billion to build a border wall with Mexico. By refusing to sign legislation for government funding he triggered the government shutdown at midnight on Friday. The shutdown may last into 2019 unless Trump compromises.
Schumer and Pelosi have said there will be no government funding for Trump’s border wall, which they believe is a bad idea and a waste of taxpayer money.
“Instead of bringing certainty into people’s lives, he’s continuing the Trump Shutdown just to please right-wing radio and TV hosts,” Schumer and Pelosi said in their joint statement.
https://www.politicususa.com/2018/12/25/trump-plun... (show quote)


And don’t forget Trump turned down prior to the mid terms a democratic proposal for full funding of $25 billion for his useless wall in exchange for DACA. But now the proposal is off the table because the courts ruled in favor of DACA.

But this White House i***t still has DACA and no wall. Does this not prove how stupid this man really is.

Reply
Dec 26, 2018 13:25:51   #
proud republican Loc: RED CALIFORNIA
 
lindajoy wrote:
Right there with you Comment!!!! Federal Reserve like many others need to go but it will not happen...

Plus, who the heck in Congress would you trust to handle our money??? Damn d********g they steel as bad as the Feds and wall st..

This IS an intended act with inside trading to shuffle money to safe havens while they in effect look to oust Trump, treasonous bastards that they are...
Right there with you Comment!!!! Federal Reserve l... (show quote)


Markets are up 500 points right now, so lets stop panicking .Markets will go up and down all the time!!11

Reply
Dec 26, 2018 13:33:57   #
lindajoy Loc: right here with you....
 
proud republican wrote:
Markets are up 500 points right now, so lets stop panicking .Markets will go up and down all the time!!11


Ohhh I know that, I left what little I have in, didn’t freak and move and yes slight return is coming in but still, proud, that doesn’t dismiss the Feds or wall St from flying their false f**gs in this intended dump to get Trump.. This is only the beginning, by 2020 e******ns if no changes you can expect major sell offs to safe haven just so people don’t v**e Trump..

Reply
Dec 26, 2018 13:37:40   #
son of witless
 
Airforceone wrote:
And don’t forget Trump turned down prior to the mid terms a democratic proposal for full funding of $25 billion for his useless wall in exchange for DACA. But now the proposal is off the table because the courts ruled in favor of DACA.

But this White House i***t still has DACA and no wall. Does this not prove how stupid this man really is.


The courts were wrong on DACA. DACA was an Obama executive order. Trump has the power to rescind any executive order made by any previous President. Second of all that bill you mention had amnesty in it. Why are you for i*****l i*********n ?

Reply
Dec 26, 2018 14:36:29   #
woodguru
 
byronglimish wrote:
There has been nothing so far that your mind handlers haven't blamed in the honorable Donald J Trump....another ho hum post.


The word honorable is a word that can't be used with Trump, he's never in his life exhibited a trace of that quality.

Syria would be an example...Bolton just assured our allies in Syria that were there with them pertaining to a commitment made on strategies. Honor would dictate honoring a commitment made.

Reply
Dec 26, 2018 15:21:55   #
Michael Rich Loc: Lapine Oregon
 
woodguru wrote:
The word honorable is a word that can't be used with Trump, he's never in his life exhibited a trace of that quality.

Syria would be an example...Bolton just assured our allies in Syria that were there with them pertaining to a commitment made on strategies. Honor would dictate honoring a commitment made.


Things are happening, "right now"...of biblical proportions. I can understand that the "Unseen Hand" is a portion that is disregarded in your realm...and therefore not understood.

Reply
Dec 26, 2018 19:42:59   #
PeterS
 
Bad Bob wrote:
https://www.politicususa.com/2018/12/25/trump-plunges-nation-into-chaos-as-markets-tank.html

Democratic leaders of Congress blasted President Donald Trump yesterday for “plunging the country into chaos.” Senate Democratic Leader Charles Schumer (N.Y.) and House Democratic Leader Nancy Pelosi (Calif.) issued a statement expressing their concerns about Trump’s behavior that have caused a drop in the stock markets and a government shutdown.
“It’s Christmas Eve and President Trump is plunging the country into chaos. The stock market is tanking and the president is waging a personal war on the Federal Reserve — after he just fired the Secretary of Defense,” Schumer and Pelosi wrote in their statement after the financial markets closed.


It was a short trading day yet the Dow Jones Industrial Average still dropped 653 points Monday in the worst day of trading on Christmas Eve in history. The benchmark average has declined over 4,000 points since the beginning of the month, and has now entered bear market territory.

Other market indices, such as the S&P 500 and the NASDAQ have also experienced huge declines, for the day and for the month. The year-to-date returns for all market indices is extremely bad, with declines of around 15% for the year.
Oil prices also plummeted by nearly 7 percent yesterday, going to an 18-month low. This is sharp decline is a signal predicting weak demand and an economic slowdown in the coming year.

Trump has increased financial market volatility by expressing criticism of the Federal Reserve. The U.S. central bank raised interest rates by a quarter of a percentage point last week, but they are supposed to operate independently of politics and their fiscal policies are not subject to the whims or dictates of the president.
Even though he has created turmoil, Trump continued his attacks on the Fed yesterday, tweeting “the only problem our economy has is the Fed.” He also has reportedly threatened to fire Federal Reserve Chairman Jerome Powell, causing more uncertainty in world markets.

The federal government, of course, is still mired in a partial shutdown caused by Trump’s demand for $5 billion to build a border wall with Mexico. By refusing to sign legislation for government funding he triggered the government shutdown at midnight on Friday. The shutdown may last into 2019 unless Trump compromises.
Schumer and Pelosi have said there will be no government funding for Trump’s border wall, which they believe is a bad idea and a waste of taxpayer money.
“Instead of bringing certainty into people’s lives, he’s continuing the Trump Shutdown just to please right-wing radio and TV hosts,” Schumer and Pelosi said in their joint statement.
https://www.politicususa.com/2018/12/25/trump-plun... (show quote)

This is the worst December since the Great Depression...It's more important to take a stand for one's base than for the country.

Reply
Dec 26, 2018 19:48:03   #
proud republican Loc: RED CALIFORNIA
 
PeterS wrote:
This is the worst December since the Great Depression...It's more important to take a stand for one's base than for the country.


We have recovered,it seems like you HAVE NOT!!!......Dow Jones finished at all time high EVER!!!@1,086 points in 1 day!!!!...Take a chill pill Petey...Relax!!!!

Reply
Dec 26, 2018 21:46:32   #
son of witless
 
PeterS wrote:
This is the worst December since the Great Depression...It's more important to take a stand for one's base than for the country.


So the next major stock market correction to occur during a Democratic President, we get to impeach him on those grounds ?

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