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Oh, its a data point, but its pretty insignificant and useless, so to come here howling about the markets being down 200 points (in reality ~1%) is just more political bias than actual market analysis.
Yes, I am politically biased about someone who just tweets whatever pops into his head and messes with the markets for no good reason.
I'm weird like that.
Is he going to do it? Probably not. But maybe he will. No one knows..... and that is NOT a good business environment.
So yeah, I am biased against that.
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So what did he tweet this time to specifically cause the premarket to be down 200pts?
Tariffs on Mexico in 11 days.
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Oh well...we will see what tomorrow brings. I put as much value on premarket #s as I do on anything that your local town psychic has to say. I have a strong prediction, markets will either be up or down tomorrow. Regardless of which way they go at the end of the day, those who are losing sleep about daily fluctuations probably need to get out of the market and do something different with their money.
Sell all your stocks now! Please, so I can buy them up at rock bottom prices... Still waiting for you all to do it... Losers...
Moved mine right before Trump start his Twitter campaign on tariffs about a month back. My losses right now is minimal.
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