6pm DC joy ride was to impact the Asian markets

[irisblue]

Link to tweet

So 1. How much money do the trumps and their devil dogs have vested on India and China?

2. Tomorrows is going wild as hell at the Nasdaq and Dow Jones

[JI7]

1. It was mainly for his ego

[irisblue]

4. I can imagine Jarvanka pitching that as a win win.

Ego and money for apricothellbeast

[soothsayer]

2. Interesting

[stillcool]

3. other than vanity, does anything else matter?

oh, and Vlad.

[tulipsandroses]

5. Thats what i figured. Only 2 things Trump cares about. Looking "strong" and the stock market

That's what I figured when they started talking about discharge tomorrow. To protect the stock market.

[Hoyt]

6. Nah. He did it to wave at Proud Boys and maybe score drugs. Besides, futures don't show big bump.

[lunasun]

16. +1 Same thoughts

[Disaffected]

7. Dow futures up 124 now

but will probably be volatile.

[octoberlib]

8. According to the NYT , Trump dumped most of his stock because he's broke, so this

must be for his donors.

[58Sunliner]

9. Stock market was fine on Friday.

[irisblue]

10. It is now Monday Morning in Beijing, 7:20 am their time.

Markets do not stay still

[58Sunliner]

15. I appreciate that, but DT in a car will probably have very little effect.

And if the market didn't seem to care on Friday-why would Monday be so drastically different. People have bigger fish to fry. DT is not a market maker. If anything, his chronic instability is potentially harmful. Market historians and analysts have already stated that DT himself and his leadership is the problem, the covid diagnosis being par for the course.

[njhoneybadger]

11. Nah, He wants to control the news cycle.

[AngryOldDem]

12. Unless he takes a turn I don't see the markets reacting much.

Friday was the test for that.

[ProfessorGAC]

13. Seems Like A Reach

First of all, what makes you think these "all eggs in one basket" families have money in India & China. Their debt exceeds assets now!
Second, the markets were pretty steady (no big drop, no big gain by end of day.). Yes, the S&P went down about 1%, but that was when we knew practically no details. Friday would have been the panic day. But it didn't happen.
Suggests that investors & analysts are riding it out and doing business as usual for now.

[irisblue]

14. I never said your quoted statement. I do not know where you found it, but it is not mine

Please do put your attribution source to it.