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Comic: Donald Trump’s Latest Twitter Tantrum Triggers More Market Volatility

EconomyMay 21, 2019 08:52AM ET
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Investing.com - Market sentiment remained fragile on Tuesday, as the latest Twitter tantrum from U.S. President Donald Trump caused another bout of increased volatility across global financial markets.

It all started when Trump tweeted on May 5 that he would raise tariffs on $200 billion worth of Chinese goods to 25% from 10%, shocking financial markets and fueling worries that trade talks between the world’s two largest economies may be derailed.



Indeed, the S&P 500 has dropped around 4% in the two weeks since, as global investors who were caught off guard dumped risky assets in response.

President Trump then turned his focus to Iran, when he ratcheted up his rhetoric toward the Islamic Republic in a tweet on May 19, warning that a fight with the U.S. would "be the official end of Iran."

The tweet comes amid rising fears over a potential military confrontation between the two countries.

Besides the U.S.-China trade dispute and Iran, Trump has been busy on Twitter this week, launching attacks on “fake news” and the Democrats.

To see more of Investing.com’s weekly comics, visit: http://www.investing.com/analysis/comics

-- Reuters contributed to this report

Comic: Donald Trump’s Latest Twitter Tantrum Triggers More Market Volatility
 

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John van Leeuwen
John van Leeuwen May 24, 2019 12:53PM ET
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Chinese and USA delegation all smiles as the trade deal get's butchered. Something is off for sure
Hank Williams
Hank Williams May 21, 2019 4:14PM ET
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Due to coming commodity short falls the Fed will be forced to raise rates by year end.
Ji Go
Ji Go May 21, 2019 4:14PM ET
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They have stats that subtract the cost of gas. I want to get your take but I can't see it.
Michael Falanga
Michael Falanga May 21, 2019 2:24PM ET
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The author of this article OBVIOUSLY hates the US. Thanks for the your opinion!
Kira Nelson
Kira Nelson May 21, 2019 2:24PM ET
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Well, it’s what actually happened. He did trigger the volatility. Can’t say the article is informative, though. Nothing new to learn here.
Jeff Boulter
JeffBoulter May 21, 2019 1:57PM ET
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The market always gets weathered through the storms of presidents
Titus Polichnia
Titus Polichnia May 21, 2019 1:35PM ET
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Trumps taking the hard road that other presidents didn't want to take, kicking the can down the road and watch America go down the side commode
Kent Brook
Kent Brook May 21, 2019 1:21PM ET
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He's definitely rigging the S&P.  Things are running smoothly, negotiations are going great, looks like we'll have a deal soon.  Nope, tariffs going up to 25%.  The Chinese are playing the exact same game too, it is open knowledge and I have seen it with my own eyes that they front run the triple R changes on Fridays.  I have never seen politicians so happy after failed trade negotiations.  They were literally high fiving each other at their press conferences afterwards.  Trump bragging and has disclosed that he made $441 million last year.  Huh, I wonder how?  Even the NYTimes article about his finances showed that the only time he made money in all those no income years in the eighties and nineties, was when he took bets on companies he marketed as takeover opportunities pretending to be a corporate raider.  Then quietly sold out of them and didn't following through with all the hype he'd created.  Yup, he's trying to rig it.
Anthony Peters
Anthony Peters May 21, 2019 1:21PM ET
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he made me 10k buying workhorse stock.when he.said. gm was selling 4 vehicle plants in Ohio. followed by everyone invest in ohio. stock was at .81 cents and sold at 3.42 the next morning just before the stock hit rock bottom on fake hype. im surprised he hasnt be hit with any fines from sec
John van Leeuwen
John van Leeuwen May 21, 2019 1:21PM ET
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Sec has been heavily erouded over the last 10 years. I'm not sure who is responsible, but insiders can do whatever they want as long as they don't tweet and brag about it after the fact.
Anayet Android
Anayet Android May 21, 2019 1:21PM ET
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Waiting to for massive change in commodities market.
Doug Ryan
Doug Ryan May 21, 2019 1:15PM ET
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Non of you have the slightest clue as to what you're talking about.
Mohammed Faiz
Mohammed Faiz May 21, 2019 1:15PM ET
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And you ofc know everything.
Zhenguo Zhang
Jack_A May 21, 2019 1:13PM ET
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market manipulator!!!
Charles Milani
Charles Milani May 21, 2019 1:05PM ET
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All true ! Get on board
Ivan Davis
Ivan Davis May 21, 2019 1:04PM ET
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I worry that he will continue to be reckless and eventually it will cut down alot of the gains. Time to buy VXX in spades.
Ji Go
Ji Go May 21, 2019 1:04PM ET
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Brother we are in agreement. I'm holding and adding as things get frothier. #WealthTransfer
Swiggsy McZiggsy
Swiggsy McZiggsy May 21, 2019 9:38AM ET
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When insider trading and market manipulation happens, institutions get fined and people get arrested. When the potus does it, it's just another day. .The guy even stole from charity funds given to the Trump Foundation. If you think there is a chance he has benefited himself/friends/family/relatives financially from all these market movements created by non other than himself, give a thumbs up. If you think he's clean, give a thumbs down.
Andrew Hook
Andrew Hook May 21, 2019 9:38AM ET
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SEC should investigated on Trump organization and take the adequate actions. We want his taxes return it is a must do.
Ji Go
Ji Go May 21, 2019 9:38AM ET
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Why do we have to see his tax returns? I don't want anyone seeing mine. And in that spirit he shouldn't have to show his. Don't care if he's elected or not. If people want to volunteer their returns, good on them. My returns would look like black construction paper if you asked to review them. Period.
Andrew Hook
Andrew Hook May 21, 2019 9:38AM ET
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Ji GoMaybe, but you DONT HAVE THE POWER to manipulate the market. We should know his fiscal situation before he enter and after he leave the office. If you don't understand that simple fact you are not a smart FOX fan.
Ji Go
Ji Go May 21, 2019 9:38AM ET
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Or maybe I'm not a fan of anything besides thinking for myself. Him saying goofy things that effects markets doesn't mean you need to see his paycheck: president or not. He makes a business decision of a publicly traded company: the Board will be jailed and doors will be closed for not reporting it. So will he. If his family trust starts making an unusual string of winning trades, they'll be investigated by the SEC and fined/imprisoned: so will he. If the businesses are privately held and make a ton of money they'll have to report the money and the sources. They lie and get caught, they go to jail: so will he. There's no need to snoop to satisfy your curiosity. Anything illicit has enough controls and safeguards in place to elucidate any malfeasance. Let's see how many $5 words you know without looking them up Chief Witch Hunt....
 
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