Today was looking like a good day. What happened?

Wall Street looking for any excuse to take profits.

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What happened?

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The market is full of pussy arse bitches who are only looking at the short term.

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Jpow

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This right here. He had to get back at trump for making him look like a goob the other day

Too Late Jerome

Trump also raised the tariff to 50% on copper. We import about 50% of the copper we use. This does have the possibility of being inflationary.

Nope, excluded. TACO trade, Copper down 20% today.

It was a good day if you were invested in Humana...

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President Donald Trump on Wednesday signed on order imposing a universal 50% tariff on copper
imports, the latest metal he has targeted with a steep import tax.

U.S. copper prices plunged as much as 18% in after-hours trading as soon as the White House announced the new tariff rate. Copper miners Freeport-McMoRan
and Southern Copper
were down about 10% and more than 6%, respectively.

The sell-off, if it holds through Thursday’s trading session, will mark the metal’s largest single-day decline since 1989.

Seeing there are some exclusions on autos.

The new, higher copper tariffs go into effect Friday, according to a fact sheet released by the White House.

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CNBC

This is the report I saw[quot]The Trump administration says that the new duties, which follow 50% U.S. tariffs already imposed on steel and aluminum, are aimed at boosting domestic industries and addressing “trade imbalances.”

But experts warn that they could raise prices on all sorts of products, ranging from construction materials to electronics, that utilize the versatile metal.

And Trump’s other sector-specific tariffs and ongoing trade investigations, which target imported autos, lumber and pharmaceuticals, could dampen overall U.S. growth, according to the Tax Foundation.

Copper is the third-most-consumed metal, behind iron and aluminum. The U.S. imports nearly half of the copper it uses, most of which comes from Chile, according to data from the U.S. Geological Survey.[/quote]

I was watching Jpow speak on Fox Business and all gains in the Dow, S&P and Nasdaq started plummeting after about 10 min in. By the time he shut up all were in the red except for Nas, but had dropped to +0.15%.

How many times has this bastard done this in the last 3 years? Basically every time he opens his mouth. And he knows it.