General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsStock Futures went into the red within minutes.
I think he timed the announcement for the end of the trading day so the news shows wouldn't show a ticker while he was talking.
I think things will be very, very bad tomorrow.
Edit: At 4:54 est the NASDAQ is down -502.25

obamanut2012
(28,364 posts)Bernardo de La Paz
(53,892 posts)ImNotGod
(565 posts)

BoRaGard
(4,721 posts)Midas had a thing with gold, republicon Krasnov has it with krap.
Disaffected
(5,482 posts)Nothing too unusual about that.
Mike 03
(18,323 posts)Bloomberg is reporting that the markets reversed -1% in after-markets trading during the speech. Their analysts think it is because there will be no carve-outs or exemptions.
Unless they've reversed again, I think Bloomberg is probably right.
Disaffected
(5,482 posts)Off 206 now, about 0.5%
I guess Bloomberg's guessing is about as good as anyone's (with Trump involved, guessing is about all you can hope for).
W_HAMILTON
(8,837 posts)Note: these are not guesses -- they are based on actual trading that has already occurred and will be reported once the DJIA opens tomorrow.
Mike 03
(18,323 posts)It will be interesting (but not necessarily predictive) to watch Asian and European markets overnight.
madaboutharry
(41,801 posts)Dow Futures
41,368.00
- 1,124.00
2.65%
S&P 500 Futures
5,488.50
- 223.75
3.92%
NASDAQ Futures
18,826.50
- 931.50
4.71%
Maybe this is on purpose.
COL Mustard
(7,314 posts)But it seems like the administration is deliberately trying to drive down prices. The stock market will tank tomorrow because of these tariffs, residential real estate will likely decline because of the mass layoffs of Civil Service employees, farms will be put in danger because of the reciprocal tariffs and the cancellation of USAID contracts, etc. The idea seems to be to drive down values across the economy. The question is who will benefit from the reduced prices? I'm sure it won't be Joe or Jane Doe.
Bernardo de La Paz
(53,892 posts)But driving down the Dollar makes US markets less attractive which means foreign money gets pulled out and new foreign money is withheld. That also applies to other investments like real estate, housing, manufacturing plants, etc.
beaglelover
(4,225 posts)ashredux
(2,712 posts)orangecrush
(23,964 posts)The FSB has been working to establish this in the US forever.