Stocks plummet as JP Morgan commentary calls Trump's tweets about a China trade deal 'completely fabricated'

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 52%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

'It doesn’t seem like anything was actually agreed to at the dinner and White House officials are contorting themselves into pretzels to reconcile Trump’s tweets,” traders from JP Morgan wrote in their desk commentary Tuesday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Trade balance with China in 2018 Q2 charts:

Fabricated - meaning Trump lied again. Millions of people are being affected by his lies. Market losses. Businesses upended.

This is what he has done every single time he deal with world leaders. He ramps up the crisis, blames everyone, then tweets how in love they are with each other. Then BAM, comes the truth from the other country (not our WH though, they just keep spinning) about no deal.

China says no trade agreement happened. Can't believe Trump....AGAIN.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 468. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JP Morgan misses on earnings | Stocks face pressure | Shutdown enters Day 25Futures were higher earlier this morning but came under pressure after Dow stock J.P. Morgan missed estimates on earnings. HUGE miss. Shows you how media has pumped up this market just to get people back into stocks . Fact is we had 10 year bull market , it’s OK to have slowdown it’s healthy . Stop artificially pumping market before next Lehman federalreserve Seems major banks suffered from lower earnings. Not good! Lucky me sold banks stocks yesterday. $BAC $WFC
Source: CNBC - 🏆 12. / 72 Read more »

JP Morgan sees a 'window of opportunity' for stocks in the first months of 2019The first three months of next year will likely see stocks rally, J.P. Morgan says, so long as the Federal Reserve 'skips' its March meeting and does not hike interest rates again. CNN NBCNews waff48 TODAYshow Probably not Ford. Have you walked into their dealership lately? They keep giving me some of my own money back and calling it a dividend.
Source: CNBC - 🏆 12. / 72 Read more »