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re: Some lib loser on CNN just said the stock market is down 200 points today because of Trump

Posted on 8/17/17 at 8:59 pm to
Posted by buckeye_vol
Member since Jul 2014
35242 posts
Posted on 8/17/17 at 8:59 pm to
quote:

Idiot it's down because a Muslim drove a van through a crowd in Barcelona and killed 13 people.
I don't think that's correct either. Markets seem to be immune to terrorist attacks nowadays.

So I think both you and the CNN commentator are picking a singular cause, when it rarely exists, unless it's completely market related.

Besides this article is actually arguing both, along with the more market related cause from Cisco's earnings report:

Stock market closes sharply lower as tech shares wither
quote:

U.S. stock benchmarks on Thursday finished down at least 1% as heightened concerns about President Donald Trump’s legislative agenda and news of a terrorist attack in Barcelona combined to foster selling on Wall Street. Technology shares suffered the worst of the beating following disappointing results from Cisco Systems.
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