As of this writing at 12:46 CDT here at the moment, the Dow futures look POSITIVE. It shows now being up by 208 points, which is .5% of the total holdings of the stock.
Unless something really happens on a positive note during trading when the markets open, the DOW will drop again by another 500-700 points.
In order to stop this, something really good has to happen that would really make news. But the facts are that the only thing we are talking about here most of the time recently is TRUMP TARIFFS. That talk will not help the stock markets but that’s pretty much all that’s making Trump news at the moment.
We benifit from a global trade market, and Donald Trump doesn’t want to trade in a reasonable fashion globally. He would rather make all of his competitors throughout the world move their businesses to America, and then as he says, there would be no tariffs for whoever moves here.
He’s also mentioned the fact that Canada should be our 51st state, and that they wouldn’t have to pay any tariffs if they were annexed to the United States. The same with Greenland. Trump wants to take over Greenland, which will never happen, in order to excavate the minerals he has lost because his poor tarrifs to Canada and now the lack of cooperation between the two countries. If he truly was their friend, he would be able to obtain the minerals he would like to have without Canada being annexed to the United States. Again, it’s another imposiblity, and another pipe-dream of Donald Trump.
In short, when Trump mentions tariffs, the market tanks. When he keeps his mouth shut for at least 24 hours without any threats, the markets will rise. Let’s see where it goes today.