Trump's trade wars have cost the stock market $5 trillion and counting: Deutsche Bank

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Trump's trade wars have cost the stock market $5 trillion and counting, according to Deutsche Bank.

Key Points

"The trade war has been key in preventing a recovery in global growth and keeping US equities range bound," the bank said. US President Donald Trump announces a new immigration proposal, in the Rose Garden of the White House in Washington, DC, on May 16, 2019.'s trade battles are costing the U.S. stock market $5 trillion and counting, according to Deutsche Bank.

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Welcome to the trash Trump train! At What point are we going to stand up against IP theft etc

Fun fact: The U.S. trade deficit with Mexico in May was the highest one month total ever recorded. Trump is simply clueless on trade and deficits, and what causes them.

More lies, like the 1 JUST NOW with “expert” guest,Mark Yusko of Morgan Creek Cap Mangemt stating Trump backed out of the recent China trade deal. Oh really? Expert ugh? Still Not a peep from yr obedient toy soldier presenters. CNBC & their hidden agendas designed to deceive.

rainmakerOTA Is this the same German bank that is trying to save its own ass from bankruptcy?

aravosis Funny how Deutsche Bank will offer up THAT info so willingly, but not other info on Shitler.

Let's remind CNBBC that regardless of realDonaldTrump nonsense, people have predicted a massive economic collapse due to a bubble larger than the one that lead to the '08 crisis for YEARS now.

Deutsche Bank sucks!

This trade war is BS

Can you imaging a trade war when the market is receding? Now is the best time to sort it out.

Its just breaks me up a german bank loses money. What the hell do I care about a german bank. They wont work with us so good to hear.

charrisazrep I'm no stock wizard and I know this is bullshit.

That's a lie! Show us the numbers!!!!!!!!!!!!!

And without them....future losses would be unfathomable.

I wonder how many trillions of dollars CNBC’s socialist ideas would cost? Their writers would abolish the stock market if they could.

This is happens when you put a person with the huge ego in charge that only cares about his self indulgence and not in the global economy interests.

Well if Deutsche bank calculated it, then it is wrong

That's false. Markets are at all time highs. Who writes this crap for CNBC 🤦

Pravda

Uh, ok. Please explain. Closed near all-time high and up huge since his election. How do you get $5 trillion in losses?

Isn't Deutsche Bank about to layoff 20k people to save the sinking ship? Wasn't their stock sitting at $5 a month ago? Maybe they should concentrate on not obliterating the world economy with their $45 trillion derivatives bomb when and if they bankrupt.

Fake News

everyhumanknows Donald,the king of Bankruptcy rides again.

XrpYoda 👎🏼bullshit

How can you lose trillions when the indices made an all time high last week? Unless you got panicked and sold your positions for a loss

Whatever

Stock market is not the only victim under realDonaldTrump . Democracy and the whole world is suffering under GOP and realDonaldTrump . There will not be a peaceful transfer of power when realDonaldTrump loses in 2020. WatchOut

$5T of profit

Have to stop kicking the can sometime

Deutsche Bank? Really? Aren't they in bed with Herr Trump up to their tonsils?!?

Fake news!

More lies. Just think how much it would cost future Americans if we had more wimp Presidents like Obama, Bush, Clinton. It had to be stopped, and yes a big cost but much bigger later if not handled

XrpYoda Yep...this is a big part of the reason I started opening positions in crypto currency. The tech rollercoaster was getting slightly frustrating after every tweet or comment about tariffs or threats of tariffs. I’m completely out of tech stocks now.

Good job trump they would like you to pay your loan back oh and your kids loans to. They would also like things fixed that u put in your grandkids names now that wasn't very nice of you oh they no about the money laundering to

XrpYoda why do people care to follow CNBC when it is literally controlled by goldman shits? The banks that tried to take advantage of the world are finally going down one by one.. I would rather point fingers to our government and the banks that established such corruption...

Funny you never had a story on how much Deutsche Bank has cost the US.

The swamp is hurting. Go Trump.

XrpYoda Using tariffs as leverage to fix this country's 30 year old trade imbalance, and stopping the outsourcing of US industry, factories and tech to China is mandatory to the survival of this great manion. CNBC = globalist propaganda machine. fakenews

Trump will find some ways to spin The data with the help of Larry Kudlow, Moe-nuchin, and Curly Ross.

XrpYoda Who fooking cares!!! Sick of other countries taking advantage of the USA they sell shit products I ONLY BY MADE IN USA

Stock market record high ... highest ever !!

FACTOID OF THE DAY: Jobs created in first 29 months of Trump presidency: 5.6 million Jobs created in last 29 months of Obama presidency: 6.4 million Trump falls short by almost a million. Ain't that tough pill to swallow GOP

A flayling institution a best.

Not even close. Way less. The Fed rates is the only issue.

CNBC Fascist=Socialist=Dem=Liberal news, President Trump is trying to stop China from robing America. Maybe your hate doesn't let you see that. FACT

Still loosing money Donald you will never learn...

And that's the brilliance of 'the art of the deal' writer (?)

Right...but what about the other $30 Trillion he brought to it?

realDonaldTrump

Sorry Tariff Toddler Trump but Hillary would have done better.

Orange man's trade wars have cost the stock market $5 trillion and counting, according to Deutsche Bank.

Who s trump waving to? Jim Acosta April Ryan !!!!

Lol $DB

The article is from May. A little behind are we?

I’m a Trump hater.... & I don’t believe this.

Failing Deutschland Bank also said only a month ago that Fed will hike 3 times in 2019! Perhaps execs there need to worry about their existence before worrying about Trumps record breaking stock market

Didn’t all the US markets reach record highs last week

Nonsensical leftist blather.

This estimate is correct, or it may not be. That is all.

Imagine what will happen when we get a better trade deal. Dow 35k

Worth every penny. Stocks at record highs. Love that too.

Okay

Every investment has a cost basis.

Trump it’s not the fed holding back the stock market-it’s your stupid tarrifs/you have cost the markets to lose 5 trillion $$ you really suck at business 💰💰💰

How much $ has trump made off himself manuipulating markets as president with his tweets and tariffs.? a lot.

Not my stock market.

Stock market is up 50%. How about working Americans?

Stock market is at record highs😂🤣

$34 trillion in stock “value” = $0 real money stocks stockmarket Ponziassets investing investors wolfofwallstreet

Not as bad as when it crashed under Obama... and it’s still higher under Trump

Funny source.

😡

Yet the market is at an all time high. Imagine when those trade deals are worked out.

his mistake was concentrating on Middle East it was waste of time and money.

Its almost like he's setting himself up for a 'yuge and beautiful' trade deal right before the next presidential election campaign hits the home stretch.

Bullshit

He lost all the gains and still the recession on the way manipulated markets never sustains it profits add currency wars and sanction that will hit back

I dont care. The stock exchange lost value on thursday because the jobs numbers were good. So f the stock exchange. It's just the big track to gamble at. Far removed from its citizens

I narcissistic egomaniac putting himself first not 🇺🇸‼️We Americans are paying the 🐂💩 tariffs that DJT 🤥💩 claims are going into the treasury IMPEACH IMMEDIATELY‼️

That number sounds inflated. But, I’m sure the tariffs have cost a lot.

Monkey billionaire see, Monkey billionaire do MAGA-Hoax GOP

So according to DeutscheBank , when the trade war ends, we will normalize up $5T in value? Ok, let’s all remember and see....😳

Our President has a KNACK FOR LOSING MONEY, hence his MANY, MANY, MANY bankruptcies.

That shoots Bernie's message in the foot. Again.

*Trump Wins Tariff Oscar* The Gold Milk? award goes to President Trump for his unprecedented performance as a celebrity manipulating global tariffs. The award was named in honor of one of the hardest hit groups from the ill-considered tariff wars, the U.S. dairy farmers.

TrillionDollarLoser

Actually Democrats denial of a crisis at the border has costs lives, all those lives that democrats were saying trump was affecting . So many lies by the Democrats now one picture and they are screaming crisis at the border ?

RT : Trump's trade wars have cost the stock market $5 trillion and counting, according to Deutsche Bank. aw

So what? We’re in it for long run. Will save us 10 times that, likely will save us period! Trump is awesome! No guts no glory.

Worst businessman ever...

how can you trust anything that Deutsche Bank says after they allowed Trump to service for years on no money.

Sure... Deutsche Bank market analysis are spot on. Trust me, they are pros, they know what they are doing BTW... How do the Deutsche Bank shares do? 😂😂

CHINA.

How many people are afraid to admit you regret voting for this idiot?

What do you expect when a multi-times bankrupt run a once-great country? Now this 'GREAT' leader is dragging down the corporations, investors and the people down with him!!! Really need GOD TO BLESS AMERICA!

👀

You can’t take Deutschland Bank seriously. Not credible.

How much as Deutsche Bank cost the stock market with it’s underhanded behavior?

...and that’s just the tip of the iceberg when totaling Tumps cost to the American People. 😢😢😢

Follow the money! DJT could personally stand to gain big from this

DeutscheBank needs to sell a consonant. A T from Trillion and from their name.

Why do you think Trump wants the fed to cut the rates. Because he needs to offset the loses by keeping the economy going. A blind person could see that. Problems that are started by Trump need to end. Everyday it’s a new drama. Vote 2020

Not this bull$hit story again...

Haha Deutsche Bank!!!

Thanks Trump

Not as much as IP theft and future, if we don't get China to stop. Liberals short term thinkers.

Good.

Paper money!

Market crashing due the Trump economy

But China is paying it- so it don’t worry

To this argument is about People who invest money in Stockmarkets and earn big money Vs People who wants employment and earn. The latter is winning so its all good.

Dismal Performance, Multiple Scandals, Poor Strategy have cost the Deutsche Bank Shareholder 93% of its investment in Deutsche Bank since 5/07 or 178 Bio. EUR overall, in stark contrast to the enormous gains shareholders generated in the S6P since 11/2016.

Based on end of May. June is a record month.

And he could care less about you or for that matter, anyone else !!!

Stock market tanking does not mean economy is doing bad, that is the rich and crooked economists point of view, so long as we are making good things internally, markets will always bounce back, so stop lying cnbc wsj cnn

This is short-term. I figured you money fucks would be smart enough to think long-term.

People saying “good, screw the rich” have zero clue that ordinary Americans are the ones who take the brunt of the hits with their 401ks and pensions. Ignorance is overly abundant in the replies to this tweet.

Isn't DeutscheBank just about as much of a shit show as Enron?

Damn, and the National Debt is only 20 Trillion

$db should wry about their cost to their shareholders lol

Fake news.

Where was it at election? Perhaps there are other things like employment and wages that matter.

CrazyBob48 Still winning Mr. T? I have to think your intent is to bankrupt America just as you bankrupt so many of your own companies. Criminal TrumpRussia Treason

And yet people say Trump is obsessed with stock market performance. Hmm!

mr_jettlife

Good! Fuck the rich. We put the PEOPLE first. Not profits. I know CNBC forgot that a LONG LONG LONG time ago!

Good, I love when rich people lose their money.

Douche bank would know. Huh.

Don’t worry, SenSanders will fix it, he will pay off everyone’s debt and give everyone free housing like his buddy HugoChávez did in the socialist utopia

Yes if we kick this traitor out the market would zoom higher

Does this figure include the lost in Deutsche Bank’s stock?

Yes, a dwindling German bank that has to compete with American banks and really cannot estimate such a number!

That’s too bad. My stocks are up 27.3% so far this year. I’m available to consult. 🤪

Congratulations!The first settlement in Golan heights will named Trump!Unfortunately!

Isn’t what he said about crash... he is leading into that... into bankruptcy

MrConnieS You vote Trump, you get Trump !

And China has cost us?

You know people by what they do. Jesus warned you 2,000 years ago and you didn't hear..

Oh but what does he care.

Trump is not the God of the Stock Market. He only owns the building.

realDonaldTrump is so ignorant he probably thinks the $5 trillion loss will be a check written FROM the stock market TO Deutsch Bank. For him.

Well you can bet he sold his shares

It's a part of his re-election campaign policy.

The bankrupt bank can't add

China undermining our economy costed us 50 trillion

Would we need to believe Deutsche Bank, knowing that they have laundered some of TheDonald’s dough. I also tend to think of them as douche Bank.

USA/China relation is litteraly one of the main pillar of the world economy. The trade war has negative effects not only on both economies but on all the world. Economists are now talking about a recession for the US and a major slowdown for China. crisisiscoming

So now self-described stock market gurus are blaming Trump for their predictions going awry. These guys are frauds. They just guess and claim brilliance when they get lucky.

Ever wonder how much Deutsche Bank has cost the market over the years?

Joe will Make America Nice Again!

Like Deutsche Bank knows how to count money 😂

and he's eyeing for a 2nd term

the $5 trillion has not lost. it’s still there in the economy. if it’s not the stock market it’s probably in bond markets.

And it's just begun. I look for a major economic crash by October.

DB is also worth zero in a month so....

Off illegal transfers in receiving that first 3 trillion

That’s why Wall Street doesn’t like it . It cost them money

GOP GOP 10h “The American people are starting to feel the economic benefits of the President's leadership…When it comes to 2020, they’re going to vote to continue it.” -marc_lotter

But he lost nothing, it makes no difference

Sensationalism.

Should be Douche bank.

What did Obama’s regulation cost the market or the higher corporate tax rates? You’re journalism sucks .

上周特没普还吹牛逼说是一年中最好的一周

Who really gives a sh!t. He’s making America great again 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

Can't fix Stupid! Trump was warmed not to start a Trade War but he said a Trade war would be healthy for America, yep! Rising Prices and no common sense to his Trade Wars; Trump is a Failure and his time is over!

That one method he has doesn't work in this arena. The people he is trying to bully won't bow down and just take it.

The Dow is up 43% since he was elected in November of 2016.

Not sure Deutsch Bank should be doing any talking! BK

What a ridiculous statement. That 5 trillion among with trillions more in the stock market has not ever and does not now exist. It never has.

He did enough money for his retirement.his son.his relatives. did you wait other thing from a speculator_----

GREAT NEWS- putting middle class more in line with the rich- Donnie is the man of the people

The Dow is UP over 43% since Trump was elected President. Not too shabby.

Thanks Trump!

Impeach the mothafkr ! ImpeachmentInquiryNow ImpeachmentHearingsNow ImpeachDonaldTrumpNOW

The stock market is still extremely overpriced! Dow should be around 6k

Would you trust Deutsche Bank?

Deutsche bank is a German bank. Might there be a conflict of interest with American foreign policy?

How do you know whether it will help or hinder the stock market long-term? What you are saying is that you’re reporting date today stock market fluctuations. Who the hell cares!

This from the bank going to zero? Ok

Definitely fake news CNBC. Just like it was fake news when I missed his election they had it all figured out that he would lose remember lost big time on the way up. Since Trump was elected what is the net gain CNBC That’s why am calling you fake news

After the Mexico deal this weekend the SP 500 will open up and be less than 2% from an All Time High

Not my stocks.

But it will right a sinking ship. We hope. No one else was going to change the sails any how!

Fake new

Deutsche Bank is costing Deutsche Bank shareholders $5 billion and counting, according to stock market.

The annual US economy is 7 trillion where does duish bank get 5 trillion stock mkt damage.

But what’s the cost of not changing our trade imbalance? EVERYTHING!!! winning

President Donald Trump on Monday slammed AT&T as he arrived in the United Kingdom for a state visit, suggesting a boycott of the company over what he says is negative coverage by CNN. AT&T BOYCOTT

How much did China stealing technology, forcing technology sharing, dumping products in the U. S. cost Americans?

Funny math. Stocks are up since the trade war began.

I cannot stop laughing -- CNBC is using Deutsche Bank as their source. Is CNBC aware of Deutsche Bank's involvement in illegal activities and with the failing German economy?

How in the fuck are you calculating this? 😂 the Dow has hit its highest mark all year. S&P has been growing steadily. GDP Is high, unemployment is low, we are fixing immigration, being strong with China who is actually costing Americans hundreds of Billions! God, fakenews

Well, he’s a StableGenius

But the market is still up some 7000 points after his election win?

let's rephrase it properly: Deutsche Bank still moving towards bankruptcy and will require a bailout

Which stock market ? Nigeria’s? Who cares , the us stock market is at 52 week high

Most of the stocks are at 52 week high , CNBC is fake news

Ha...ok...the Dow is at 26000...and Monday it will rise substantially...don’t know why anyone would ever listen to the goofs on CNBC...

Perhaps so; Perhaps not. To be fair, we have to see Trump's trade wars in terms of broad economic strategy and consider the results acquired so far.

What was stock market when he was elected? More to an economy than stocks.

That's BS

Thank you realDonaldTrump !

Trump economics.

Tariff toddler Trump CERTAINLY has cost Me lots of money. Twitter should throw him off their platform.

Hasn’t Deutsche Bank went under yet?

Started financially and morally bankrupt. Leaves his country the same?

This story is over a week old and outdated. Why post again?

Long term it will cost more than that if we don't fix the problems with China

thanks,Chinese Communists love you

More importantly how much have they cost the 🇺🇸 people and how much will DJT 🤥💩 cost us in the future⁉️

It will bounce back Monday

don't worry, most people don't own enough stocks to get rich.

Stocks go and down. I don’t need DB to tell me what the daily market cap is.

My holdings do not reflect this math

According to Douche Bank

CNBC needs to avoid politics

How much have China's closed markets cost the United States? Why only focus on half the story. Are you owned by China? If now, why are you pushing their propaganda?

The Chinese appreciate your hard work on the 'matter'

Less money for DB to loan him again.

Nonsense

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