“Trade wars are good, and easy to win.” — Donald Trump, on March 2, 2018
All the same, despite ridiculously low interest rates that Desperate Donald wants to see lowered to nil, if not negative, in the vain hope that will turn things around, the market is fluctuating more or less in a downward direction. The people on Wall Street, who know what's what, say it's his tariff war that's making it happen. And remember, these are Wall Streeters, not lefty ideologues.
I make mention of this just as a reminder to my Republican friends, that in addition to Donald Trumps' total disregard for law, rules, and ethics, which has prompted the current impeachment investigation, Americans have more than one reason why we'd all be better off if he were out of the White House.
New York, Oct. 2, 2019 (Reuters): Wall Street's main indexes hit fresh one-month lows at the open on Wednesday, extending losses from the previous session, as a contraction in domestic factory activity pointed to impact from a prolonged U.S.-China trade war.Of course, as J.P. Morgan once solemnly declared when asked by reporters what the stock market will do, "The market will fluctuate."
All the same, despite ridiculously low interest rates that Desperate Donald wants to see lowered to nil, if not negative, in the vain hope that will turn things around, the market is fluctuating more or less in a downward direction. The people on Wall Street, who know what's what, say it's his tariff war that's making it happen. And remember, these are Wall Streeters, not lefty ideologues.
I make mention of this just as a reminder to my Republican friends, that in addition to Donald Trumps' total disregard for law, rules, and ethics, which has prompted the current impeachment investigation, Americans have more than one reason why we'd all be better off if he were out of the White House.
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