• Dow jumps 100 points after Trump reportedly gets concessions from EU
    17 replies, posted
https://www.cnbc.com/2018/07/25/us-stock-index-futures-bumper-earnings-in-focus.html
When it comes to Trump making deals, wait until you're holding the receipts, gentlemen...
You mean Anglea Merkel threw some Starbursts back at him?
Starbursts are the best form of political banter. Throw red ones and people agree your generous, throw yellow or pink and you're the next Hitler.
From the buried lede Stocks also rose off their lows after a bipartisan group of Senators announced a bill that could potentially delay any auto tariffs implemented by the Trump administration.The bill would require "the International Trade Commission (ITC) to conduct a comprehensive study of the well-being, health, and vitality of the United States automotive industry before tariffs could be applied."
Throw me pink Starburst and I'll give you whatever country I run.
The dow is literally just based on people speculating as to the future value of stocks. If Trump came out and said "I will be doing lots of things to improve the value of Ford stock" then the stock price would probably rise because idiots would believe him. It doesn't mean he's actually done anything to create value.
Dow Jones reported, citing an EU official, that the EU has agreed to import more U.S. soybeans. Hardly much of a concession, although it does mean we can now legally refer to Trump as a soy boy.
The Dow speculates that they might get richer after trump maybe gets concessions from the EU. meanwhile, trump is planning to bail out farmers after his very own trade war fucks them up hard
So, how long until he starts bragging about this, if he hasn't already? And any guesses of how far the market will plunge when he does?
After finding out they worship a soyboy, /pol/ literally implodes, takes large chunk of internet with it.
They had to put soy in the deal to balance it out!
Wallstreet and the stock markets are run by a bunch of psychopaths, Trump threatens nuclear war stocks don't budge, Trump threatens to throw tarrifs at everything stocks drop, Trump suggests he's not going to do that with zero evidence to back that up and they soar, Trump actually does the thing he previously threatened to do then backed off doing then decided to do again stocks have a meager slide. don't even get started on how Jannet Yeller sneezing used to cause massive ups and downs yet the fed being potentially run by a bunch of nitwhit politically motivated old men that let inflation go nuts isn't a cause for alarm because Trump is "Pro business"
Hopefully the same happens to Canada as well as Mexico, Japan ect.
Achthully, dumb people dying would drop the IQ of remaining people, since IQ is set as an average and with the bottom being removed, the scale slides upwards since smarter people are now setting what 'average' is.
canada mexico the EU, japan, china, and south korea. Nothing to worry about
Why the fuck would the EU concede anything. Quit being stupid investors its not going to happen.
The EU has engaged in some of the most protectionist practices. Internally its trade is great, but externally it is as gnarly as one can expect. I think it is awesome they want to get closer to free trade. It is benefit to consumers on both sides.
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