So how bad does the Dow respond to the apparent tariffs and departure of Cohn?

[NightWatcher]

700?

More?

I'm not cheerleading disaster just wondering how hard this hits.

I can't wait for the Powers That Be to remove this Putin puppet.

[still_one]

1. It depends whether they believe the repukes in Congress will try to stop him

[Eliot Rosewater]

2. Well, Putin is in charge and destroying our country, our economy, etc, is his goal.

So, trump will do anything and everything he can to that end.

He has been given personal assurances from Putin that he will be kept whole even if all his buddies and all american business is destroyed. That is all he needs to know, trump.

[bearsfootball516]

3. Probably not very much

Dow is nearing 25,000 again. It's had its days where it dropped a few hundred points, but always makes it up in the next couple days.

[Fred Sanders]

5. Wall Street is still drunk on the massive corporate tax cuts, cheap offshore reparation of profits

and inflated stock prices on the backs of stock buybacks. Not to mention huuuge personal tax cuts they see every day!

But when that party ends.....

[LanternWaste]

7. Wall Street does not minimize instability and a lack of surety.

Wall Street does not minimize the instability and a lack of surety the US has experienced over the past month as much as you do.

[unblock]

4. S&p500 futures are down about 1% at the moment.

That’s about 250 points on the Dow.

[BigmanPigman]

6. They didn't announce it today until AFTER the market closed

for good reason. Of course that will only delay a market reaction for less than 24 hours. Ryan is not happy since the tariffs will effect blue collar workers and the GOP base will not be happy when they vote in the midterms. That is all they care about. They don't care about hurting the poorer voters through the Tax Scam since those effects won't really be felt for a few years. The tariffs and Cohn leaving could turn the economy sour before the midterms.

The markets are already down 300 points BEFORE tomorrow!
https://www.cnbc.com/pre-markets/