Trump’s Tweets Cost Investors Over $500 Billion

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The stock market lost over $300 billion in value in 15 minutes due to six tweets from President Trump. He even joked about the Dow being down later in the day as investors lost over $500 billion on Friday.

While there may be some limited movement of manufacturing jobs back to the U.S. it isn’t a cost competitive country. And if they did the manufacturing processes will be highly automated with few workers. Companies will be looking to move to other Asian and a limited number of other countries since they will need a low cost labor force and similar supply chain infrastructure that they had set up in China.

Trump sent out a tweet when the market was open seeming to make a joke that the Dow was down 573 points due to Representative Seth Moulton dropping out of the Democratic Presidential field. This was at a time when the S&P 500 had lost over $450 billion in value.Trump continually equates a trade deficit with an economic loss. While China has taken advantage of U.S. companies in many ways and U.S.

 

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Great article laying out the fact that the US is losing, not winning under Trump. He and his cult will surely blame others without any basis in reality though as we all bare the brunt of his ineptitude and lies! AnybodyButTrump2020 LoserTrump 25thAmendmentNow FactCheckMaga

Big business is watching, still from the sidelines. How long will that continue? How long will they continue to prop up our tin hat wannabe dictator?corporateaccountability CountryOverParty

We must stop selling China food stuffs! American farmers can just cut down on production and take less money..i say stop feeding China!

Why must America support a Chinese communist government anyway.china sells us cheap crap and you all know it.only to build thier army up to possibly conquer the known world and put all of nonchinese under the whip of slavery with no human rights.american farmers are feeding China

Unpack how much money trumps businesses would make with a fed cut! No wonder the guy want fed cuts😏 pffffffff Talk about Swampy Swamps 😎

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