General Discussion

bearsfootball516

(6,377 posts) Sat May 11, 2019, 04:35 PM May 2019

Trump's influence on the stock market is scary.

Tweet that talks with China have stalled? Dow drops 300 points immediately.

Trump says later that same day that trade talks are back in? Dow jumps 500 points.

How fragile is the market when one sentence uttered by someone can cause jumps of hundreds of points?

5 replies

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Trump's influence on the stock market is scary. (Original Post) bearsfootball516 May 2019 OP

And who's profiting on those utterances? Anyone think for ONE SECOND he and his cronies mr_lebowski May 2019 #1

How many of us believe that trump is morally upstanding enough to not try to take advantage of this? Salviati May 2019 #2

And that is why I have been keeping my money.... Bonhomme Richard May 2019 #3

On the other side of that 'coin', trump does stupid stuff that obviously hurts the empedocles May 2019 #4

What's scary is they *want* this, they want one man to tell them what to do ck4829 May 2019 #5

mr_lebowski

(33,643 posts)

1. And who's profiting on those utterances? Anyone think for ONE SECOND he and his cronies

Reply to bearsfootball516 (Original post)

Sat May 11, 2019, 04:42 PM

May 2019

are not doing EXACTLY THAT?

YOU KNOW THEY ARE!?!

Salviati

(6,008 posts)

2. How many of us believe that trump is morally upstanding enough to not try to take advantage of this?

Reply to bearsfootball516 (Original post)

Sat May 11, 2019, 04:50 PM

May 2019

Bonhomme Richard

(9,000 posts)

3. And that is why I have been keeping my money....

Reply to bearsfootball516 (Original post)

Sat May 11, 2019, 05:11 PM

May 2019

out for the time being.
What little money I had in IRA's is still invested but I sold a property at the end of 2017 and kept that sizable chunk out for now.

empedocles

(15,751 posts)

4. On the other side of that 'coin', trump does stupid stuff that obviously hurts the

Reply to bearsfootball516 (Original post)

Sat May 11, 2019, 05:20 PM

May 2019

economy, [scuttling Trans Pacific, etc.], and the markets seem unimpressed.

ck4829

(35,071 posts)

5. What's scary is they *want* this, they want one man to tell them what to do

Reply to bearsfootball516 (Original post)

Sat May 11, 2019, 06:54 PM

May 2019

Shows how meaningless the stock market is.

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