Trump is finally making investors nervous

[Yo_Mama_Been_Loggin]

Investors spent most of last year ignoring the president’s antics. They’re not anymore.

If the stock market was in a Trump rally before, it’s in a Trump slump now — even if the president would rather not admit it.

Wall Street largely embraced — or, when necessary, ignored — Trump’s antics during the first year of his presidency, and the markets surged. This year started off strong as well. The benchmark S&P gained almost 6 percent during the first month of 2018, and US equities indexes hit record highs.

“The stock market never goes down anymore,” Bloomberg’s Elena Popina wrote in January.

And then, in February, it did. The Dow saw its two biggest one-day point-losses ever in the span of a week, and while markets recovered somewhat after, they’ve remained choppy. All three major US equities indexes are in now in negative territory for the year. Stocks tumbled on Monday, the first day of the second quarter. It was their worst start to April since 1929.

President Donald Trump routinely bragged about the stock market when it reached record highs. His decision to tether himself to its metrics means he has to own both its rises and its falls.

https://www.msn.com/en-us/money/savingandinvesting/trump-is-finally-making-investors-nervous/ar-AAvq5SD?li=BBnb7Kz

[BumRushDaShow]

1. Futures are all down at the moment

https://www.cnbc.com/pre-markets/

I expect they might be worse tomorrow before the open once they analyze and digest what just happened with the new tariffs (notably the NASDAQ).

[Wellstone ruled]

3. Watch the VIX over night.

That should be our clue for tomorrows action. If the Chamber of Commerce is nervous,and this is their Boy,,not good.

Watch out below????

[BumRushDaShow]

7. 8 hours later and at post time, the futures

Dow = -417.00
S&P = -37.25
NASDAQ = -128.25

AND China just announced more tariffs included on soybeans, whiskey, and cars.

[Wellstone ruled]

8. Sad that we have a White House that

wants to relive the Bush 41,Reagan,and Bush 43 failures all over again. Still will never forget comments from a Republican Senator who came before our Teamsters Local Endorsement Committee in the mid 70's. He just flat out said,we have to crash our economy, in order to fix . When I asked what are you saying,you want a depression in order to declare War on Someone in order try and replcate a GOP version of FDR. His answer,YES.

Needless to say,we asked him to leave and don't let the door hit you on the way out. That sucker did get reelected.

[BumRushDaShow]

10. It boggles the mind

that in their opposite world, they keep repeating Hoover and will never be able to replicate FDR because they refuse to think of "people" as living breathing entities that need nurturing to promote a viable society... so they go the selfish route instead and fail every time.

[Wellstone ruled]

11. All we need to know is this,

their Policies are Focus Grouped at the Heritage Foundation,Hover Institute,the Southerlund Institue(Birchers),and all those Koch Industries so called Social Environmental Councils. Talk about fake news.

[BumRushDaShow]

12. At this point, all of those orgs are too "high brow"

It seems the policies are now coming from Breitbart, InfoWars, and Faux Snooze.

[Wellstone ruled]

13. My mentioned Groups are funded by

the same Players. Your mentioned noise outlets are just amplifiers for the Koch's,Mercer's,Walton's and other Libertarians with more money than sense.

[BumRushDaShow]

15. But you know...

the "monster" that gets created often goes off on its own (and way off-script) and that can throw off the creators' ability to get what they want.

[Wellstone ruled]

16. Histroy is full of

similiar People and Groups that finally over reach or become so corrupt,that they fail. And that happens when awareness takes over.

[BumRushDaShow]

17. Well said.

[mia]

2. Heard the same last week from a Republican voting friend.

Her income is from dividends. When we talked about Trump last week, she reminded me that she's a registered Independent. It's a start. She's a nice person and I love her, but politically, her vote is based on economics. There must be others like her.

[american_ideals]

5. You and I can be clear: "economics" means "selfishness"

We stand for a fair shake for everyone in society. For doing our patriotic duty to pay taxes so the less fortunate and unlucky can have a social safety net.
I'm sure she's a nice person, but Republicans who vote for "economics" are just being selfish.

[mia]

6. So true. n/t

[TomSlick]

4. People tend to vote their pocketbook (to the extent people still have pocketbooks).

You don't have to be a PhD economist to know that Trump's trade war and market slump are going to have serious effects on the economy, retirement accounts, etc. When (in my opinion not if) people's family budgets start to hurt, it will not be good for the GOP. If there is real economic pain before November, GOP candidates will have to reconsider their support for Trump.

[peggysue2]

9. Bread and Butter Issues always . . .

have an impact. Yes, as Dems we believe that everyone should have a place at the table, expand the place settings and real opportunities to succeed across the board. We rise together.

But when it comes to elections and political attitudes, start hurting various parts of the electorate--particularly in Republican circles but all circles really--in their pocketbooks and you'll hear a loud squeal and see political affiliations shift, be it teachers, farmers, investors, retirees or ordinary consumers who can no longer afford goods they once took for granted.

I'd also note that as soon as someone says: the stock market will never go down, you know we're in for a slump. Remember the housing market? This is certainly true with bogus economic policy in place--tax breaks to the wealthy, enormous expenditure on military and now the threat of additional trade tariffs. The Trumpster and his acolytes will pay the piper with these ideological-driven, proven-to-fail policy dictates.

We've seen this play before; it always ends badly.

[DFW]

14. The Dow went down 750 today and then up more than 750 up today

Nothing is engraved in stone yet. Trump continues to have the attention span of a gnat, and until we know who was whispering in his ear five minutes ago, no one knows which country will be granted an exception next.

If major countries continue to negotiate waivers for the tariffs, and the only countries really stuck with them are Paraguay and Bhutan, it was all for show, and the stock market will stabilize sooner rather than later.