Trump: Wall Street sell-off would be 'big mistake'

[DonViejo]

Source: The Hill



BY SYLVAN LANE - 02/07/18 10:16 AM EST

President Trump said traders selling stocks are making a "big mistake" on Wednesday, his first comments about the wild gyrations in markets that have cut into stock market gains in his presidency.

Trump said the economy is strong, and those trading stocks will regret their actions.

Link to tweet

The Dow Jones industrial average was up nearly 200 points in morning trading.

It fell more than 2,000 points from midday Thursday to Tuesday morning before gaining by the end of Tuesday.



Read more: http://thehill.com/policy/finance/372706-trump-wall-street-downturn-would-be-big-mistake

[catrose]

1. Therefore, selling sounds like the best idea ever

because he said not to

[C_U_L8R]

2. Trump commands that Wall Street applaud his majestic self

Let's see how this turns out. Hopefully we'll have a Democratic President who can un-do Trump's mess.

[DetlefK]

3. Put your money where your mouth is. That is, if you have money.

[sinkingfeeling]

4. Has this guy ever really watched the stock market? I remember

Seeing it dive on 'good news' like unemployment going down.

[bucolic_frolic]

5. Donald J. Trump, Investment Adviser

bankrupt.

Rising interest rates, the GOP deficit, inflation from stimulating a full employment economy, and the aging baby boom demographic wave all about to hit the fan

Auto stocks indicating recession

The beginning of the end of the bull market is at hand

[ProfessorGAC]

9. What You Said

And, what would that idiot know.

Had the inheritance just been invested in a broad based index strategy, globally, the total net worth would be 2.5x of what was claimed, with no shafting, no BKO, no shady deals, and no Russians.

Oh, by the way, during that period, the lifestyle could have been supported by an after tax income of 400X the median household pretax income the entire 40+years.

And that is the source of this "sage" advice?

[DBoon]

6. if they sell, are they traitors?

If Trump commands them not to sell, and they disobey his directive, are they traitors?

[Ferrets are Cool]

7. Every farking day he shows himself to be

even more stupid than the day before. It's a gift I tell you, a gift.
No one before him has ever shown themselves to be this brilliant.

[AtheistCrusader]

8. It's like 'The Thing That Wouldn't Shut Up'.

OMG is he TRYING to tank the market?

[getagrip_already]

10. Nice market you have there...

It would be too bad if anything happened to it.

Is he threatening wall street?

[SWBTATTReg]

11. How the crap would you know? Just shut up already!

Why don't you shut the blank up! You don't know nothing. Period. Worthless piece of trash.

[yellowcanine]

12. Trump is clueless as to how the stock market works.

Or how pretty much anything else works as well.

[joanbarnes]

13. Now the Bankruptcy King is giving us all investment advice?

[Yo_Mama_Been_Loggin]

14. Because it would make you look bad?

It would make your corrupt and inept administration look even worse.

[SammyWinstonJack]

15. Thanks tRump voters.