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DemocratSinceBirth

(99,710 posts)
Mon Dec 24, 2018, 11:26 AM Dec 2018

Can you smell the flop sweat from Trump and his team of fools?

Dow falls below 22,000 after Steven Mnuchin's odd statement fails to calm markets

New York (CNN Business)The Dow fell below 22,000 on Monday as Treasury Secretary Steven Mnuchin's attempts to calm investors backfired.

Mnuchin on Sunday released an unusual statement to say he had called the CEOs of the country's biggest banks. He said the executives assured him their banks are healthy and have "ample liquidity" to lend to consumers and businesses. "Markets continue to function properly," he said.
"This is the type of announcement that raises the question of whether Treasury sees problems that the rest of the market is missing," Cowen & Co. analyst Jaret Seiberg wrote in a note to clients. "Not only did he consult with the biggest banks, but he is talking to all of the financial regulators on Christmas Eve. We do not see this type of announcement as constructive."
Mnuchin plans to convene a call on Monday with the President's Working Group on financial markets, which includes the chairman of the Federal Reserve and top market and business regulators.

https://www.cnn.com/2018/12/24/investing/stock-market-today-dow/index.html

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Can you smell the flop sweat from Trump and his team of fools? (Original Post) DemocratSinceBirth Dec 2018 OP
republican flop sweat is drenching & befouling America Achilleaze Dec 2018 #1
Let the economy (that he fucked up) DESTROY him before Mueller. At this point whatever it takes UniteFightBack Dec 2018 #2
Are they running a stock market scam? Cracklin Charlie Dec 2018 #3
Yes, and I can hear the squishy wet sounds coming from MineralMan Dec 2018 #4
And Mnuchin called them from Cabo Docreed2003 Dec 2018 #5

Achilleaze

(15,543 posts)
1. republican flop sweat is drenching & befouling America
Mon Dec 24, 2018, 11:31 AM
Dec 2018

from all their stinking lies and cheating - now coming home to roost.

 

UniteFightBack

(8,231 posts)
2. Let the economy (that he fucked up) DESTROY him before Mueller. At this point whatever it takes
Mon Dec 24, 2018, 11:31 AM
Dec 2018

because he gotta go like yesterday.

Docreed2003

(16,858 posts)
5. And Mnuchin called them from Cabo
Mon Dec 24, 2018, 11:38 AM
Dec 2018

Prolly while seated by the pool with an umbrella drink in his hand...that fucker knows exactly what he's doing and it wouldn't surprise me in the least if he's poised to make a killing on the market tanking.

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