Please keep related news in this thread rather than making separate posts. Remember to include sources and avoid spreading rumours.
Please keep related news in this thread rather than making separate posts. Remember to include sources and avoid spreading rumours.
The DOW jumped 800 points after he said this. Somebody needed to offload some stocks.
I think this is why he started the war in the first place. For him it’s just stock market manipulation. To hell with the impacts on anyone but him or anything but his accounts
It’s more about the volatility of day trading. Volumes of stocks are algorithmically set to buy or sell when a price point is hit.
When people are exitting the bond market and they are keen to buy an asset to hold some value against inflation, they look at stocks. The demand pushes the prices upwards. The Dow is only 30 “blue chip” stocks selected by committee. Its connection to oil markets is pretty convoluted.
Media often concoct a narrative for these price movements: “Trump quote moved the line! (Watch us for the most up-to-date Trump quote!)”