President Trump's stock tweets dwindle as US markets turn ugly | Fin24
 
  • Anticlimax

    Indications are that the 2019 general elections delivered a damp squib, says Solly Moeng.

  • Intervention

    Pravin Gordhan says govt will not hesitate to intervene to ensure SOEs are run properly.

  • Fin24’s newsletter

    Sign up to receive Fin24's top news in your inbox every morning.

Loading...

President Trump's stock tweets dwindle as US markets turn ugly

Dec 06 2018 19:11
Sarah Ponczek, Bloomberg

Stocks go south and President Donald Trump goes quiet.

Since his election, Trump has tweeted about the stock market more than 35 times. Yet since November 12, his social media account has been mum on the wild vacillations in US equities.

Continued bluster on US-China trade, a flattening yield curve and predictions for a 2019 earnings slowdown have helped send the S&P 500 Index down more than 3% since he last weighed in. It swung at least 1% one way or the other on eight days in that span, and is now negative for the year.

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

equities  |  markets  |  global markets
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...