Trump Spoke With Banking Chiefs Wednesday as Market Fell

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President Trump held a conference call with the CEOs of JPMorgan Chase, Bank of America and Citigroup on Wednesday, the day the stock market saw a precipitous drop

The president, who is spending the week at his golf resort in Bedminster, N.J., spoke by phone to Jamie Dimon of JPMorgan Chase & Co., Brian Moynihan of Bank of America Corp. and Michael Corbat of Citigroup Inc.

, the people said. The conference...
 

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Mnuchin called the banks 2 days before Christmas 2018. Market straight up from there. Trump calls banks 2 days ago. 2 up days out of 2 so far. hmeisler These calls might even be more predictive than your Mom’s.

Still much higher than it ever was under previous president though, right? Still record highs in comparison?

So what does the Wall Street Journal think about this conference call? I will await your answer

Make it sound as if there is something nefarious going on - cool.

Said Brian Moynihan after the meeting, 'I thought we were here to talk about Epstein. No comment.' This was also what he said back in 2008. In fact, the first sentence was more than ever uttered beyond 'no comment' by Moynihan in over a decade. 🤪RPTriplett

Then Trump ignored comments about tarrifs and attacked Powell. The usual ” Anybody but me” Trump policy

The CEO of Deutsche Bank wasn’t available?

getting plans together for digital currency release

Trumpian Brand Management: as predicted, an incompetent White House begins to crater the economy, squandering an eight-year recovery gifted by the previous administration.

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Trump reportedly held call with major bank CEOs on Wednesday as the stock market plungedPresident Donald Trump reportedly held a call on Wednesday with the CEOs of three major U.S. banks, according to Bloomberg News. Yea. Gotta make sure THEY don’t lose any money. We would hate to see the millions in bonuses shrink. To tell them how he had no path to 270? If he had assembled an economic TEAM with true expertise and the willingness to give him nonpartisan, honest advice, he'd be prepared to address the issues. Heck, he'd have fewer issues to address. Chickens roosting...
Source: CNBC - 🏆 12. / 72 Read more »