The Dow Jones Industrial Average saw its steepest ever one-day point drop, wiping 4.6 per cent off the value of America's 30 largest companies to finish at 24,345.75, havingat one point plummeted almost 1,600 points to a low of 23,923.88. "Un-American. Somebody said, 'Treasonous.' I mean, Yeah, I guess, why not", the President said.
The insane stock market isn't dampening Treasury Secretary Steven Mnuchin confidence in the nation's economy.
White House spokesman Raj Shah, in an adjustment to the administration's message on stocks, told reporters aboard Air Force One en route to Trump's speaking event in Ohio, "Look, markets do fluctuate in the short term". You might have heard about them from President Trump.
While there could be various factors behind the market's volatile plunge the last several trading days, Trump has frequently credited himself for the market going up, seemingly with little regard for the fact that it can also move in the other direction.
But for Trump, who has constantly boasted about nearly daily record highs on Wall Street since his election and told Americans that he alone is responsible for their healthy 401 (k) balances, the mismatch was even more pronounced. For a year, he took credit for stock market gains that were the continuation of a nine-year bull market (a market he had called a "bubble" before assuming the presidency).
Including boasts he has made in speeches, he has celebrated stock market gains roughly 100 times.
President Donald Trump has repeatedly touted the strong stock market performance since his election victory as key proof of his success.
"I believe the stock market from that level, the initial level, would have been down close to 50 percent", he said.
In Illinois, reality is catching up with Trump, and Republicans, in a less amusing way. The White House had dubbed it the "Trump bump". But what goes up inevitably must come down.
This prompted fears about an increase in inflation, meaning the Federal Reserve would have to raise interest rates to control it, prompting traders to ditch shares. Since stocks tend to attract the wealthiest of Americans, highlighting rampaging stock values always seemed an odd way for him to connect to the "forgotten men and women", who helped put him in the White House.
The Lava Red OnePlus 5T brings a more pinkish hue to the stage, but tends to shift with the way the light reflects on the surface. This is not the first time we've seen holiday-based smartphone releases - we just saw one last week for the Chinese New Year.
After losing the iPhone business, Qualcomm will be more aggressive in securing orders from Chinese smartphone vendors. Kuo believes Apple prefers to diversify its supplier base and it wouldn't want to rely entirely on Intel for long.
Angle also announced Nia Jax will wrestle 2018 Royal Rumble victor Asuka in a singles match at Elimination Chamber . Roman Reigns beat Bray Wyatt to pick up the 4th spot before The Miz defeated Apollo Crews to become 5th.
He asked them to chalk out plans to get the maximum benefits from the schemes announced by the Centre for all the states. People are dissatisfied because there is no specific mention of state issues in the Union Budget.
It was the 10th time in the past 11 seasons that a quarterback won the award, a streak broken only by Adrian Peterson in 2012. Should Brady actually win, it would be the third of his career and only Peyton Manning, at five, would have more .
Despite losing the first leg at Espanyol , 1-0, Barcelona won the tie thanks to a 2-0 victory in Camp Nou . But, with Ernesto Valverde throwing Messi into the fray Barcelona did manage to get back on to level terms.
Do keep in mind that all seven of the previous Brady/Belichick Patriots Super Bowls have been decided by a touchdown or less. It wasn't a surprise when Tom Brady was named The Associated Press' NFL MVP on Saturday night at the annual NFL Honors show.
Frazier and the Yankees would embrace the symbol as their own, frequently giving one another a thumbs down after reaching base. The fact that the Mets signed a third baseman means they don't have high hopes for David Wright contributing in 2018.
Crystal Palace have surged up the table since former England manager Roy Hodgson took over the reigns at Selhurst Park. He said: "The way we were playing in the first half I would certainly have taken [a point]".
Trump promotes GOP tax bill in Ohio
The episode highlights the political risk Trump runs tying his presidency too closely to a bull market. The president went to the Sheffer Corporation in Blue Ash, a suburb north of Cincinnati.
SpaceX Falcon Heavy Launch Delayed By Atmospheric Wind
The auto could be traveling between Earth and Mars' neighborhoods for a billion years, according to the high-tech billionaire. The three booster rockets used by Falcon Heavy to generate this power will land back on Earth, if all goes according to plan.
The annual revenue of Metafrax Group exceeded USD 660 million and the annual volume of investments amounted to USD 80 million. CHEMICAL ASSETS In 2014 Seyfeddin Roustamov became the major shareholder of the chemical company Metafrax (Perm region).