Here's how the stock market lost more than $1.4 trillion (and counting) in less than a week

on the farm goods it bought since Aug.3. These retaliation measures — China's biggest shot fired to date — rattled the markets and took nearly 3% from the S&P 500.The U.S. Treasury Department late Monday after the stock market closed, saying it's using yuan to gain "unfair advantage" in trade. The move hit stock market futures and set us up for yet another drop on Tuesday.

The monster bloodbath in stocks sparked a major flight-to-safety move. The 10-year Treasury yield plunged below 1.74% on Monday, its lowest level since November 2016 as investors flooded into Treasurys. In the meantime, gold hit its highest level since 2013. With no clear path to a trade resolution in sight, it's hard to see a relief in stocks' brutal sell-off in the near term.

"I believe the more severe a market sell-off, the more likely the US is to act in some way to counteract the effects of tariffs," Kristina Hooper, Invesco's chief global market strategist, said in a note. "I hold out hope that the US will recognize that winning a trade war with China is very unlikely; that should prompt it to abandon its masochistic bent and avoid any more self-inflicted damage.

Sadly this is the only way to get The Donald realDonaldTrump to shut up

Loss? What loss! No one knows how much money is made but one thing is sure: no one lost money or money made is more than money lost! Those made money just withdrawing and will soon “deposit” soon! Hahaha!

That’s a lie. The stock market gained 1,95 trillion US$ the last seven days. You are quoting liars and you got already sued for it. You have to pay 1,5 million US$ for this tweet.

Buy bitcoin and ignore the noise.

No loss of anything! Instead, people are making money! They won and just taking chips off the table ! Hahaha! Or they are withdrawing. And will deposit back soon! Hahaha!

そもそもクソど天井で強気になることの愚かさを知ろうなヽ(・∀・) いい加減なヽ(・∀・)

One mans loose is another mans 🏆win

TRUMP IS AN A S S AND HAS TO FREAKIN G O

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Source: CNBC - 🏆 12. / 72 Read more »