Just a few days ago he could not quit discussing the stock exchange. Cenk Uygur, host of The Young Turks, simplifies. Tell us exactly what you think in the comment section listed below.
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" WASHINGTON– As President Trump boasted concerning the economic climate throughout a speech on Monday, he omitted one of his favored lines. Nowhere did he state the increasing stock exchange.
Audiences at home understood why. In the corner of their television screens, a visuals showed the Dow Jones commercial standard apparently in free loss– down 500 points, down 600, down 800, down 1,000.
By the time a favorable Mr. Trump was done speaking in Blue Ash, Ohio, the bearish market had plunged by almost 1,600 points before recuperating somewhat to close 1,175 points down.
No president in modern times has connected his political fortunes to the securities market as long as Mr. Trump, who non-stop mentioned its speedy increase as an indication of his success at restoring confidence in the American economy. But the extreme sell-off on Friday and Monday demonstrated why most presidents scrupulously prevent talking about short-term gyrations in share costs: If you live by the Dow, you might pass away by the Dow." *.
Hosts: Cenk Uygur.
Cast: Cenk Uygur.
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Young Turk (n), 1. Young dynamic or insurgent participant of an establishment, motion, or political event. 2. A young person that rebels versus authority or societal expectations.( American Heritage Dictionary).