Markets stage worst Christmas Eve ever after Trump tweet
Published on December 25, 2018 at 08:38AM by Thomas Heath and Philip Rucker, The Washington Post
The Dow Jones industrial average followed its worst week in a decade with a 653-point drop Monday, and President Donald Trump once again took to Twitter to interject himself into financial markets. As blue chips sank even deeper into the red after weeks of chaos, Trump tried to assign sole blame for the sell-off to the Federal Reserve, likening the central bank to a golfer who "can't putt." "The only problem our economy has is the Fed," the president said in a tweet. "They don't have a feel for the Market, they don't understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders.
Published on December 25, 2018 at 08:38AM by Thomas Heath and Philip Rucker, The Washington Post
The Dow Jones industrial average followed its worst week in a decade with a 653-point drop Monday, and President Donald Trump once again took to Twitter to interject himself into financial markets. As blue chips sank even deeper into the red after weeks of chaos, Trump tried to assign sole blame for the sell-off to the Federal Reserve, likening the central bank to a golfer who "can't putt." "The only problem our economy has is the Fed," the president said in a tweet. "They don't have a feel for the Market, they don't understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders.
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