Is Trump shorting the stock market?

” Markets plummeted Tuesday, with the Dow closing down nearly 800 points, or 3.10%,” as Barron’s is reporting. “The S&P 500 dropped 3.24%, and the Nasdaq lost 3.80%. Monday’s trade-linked rally now seems a distant memory. As trade jitters resurfaced, Treasury debt narrowed—raising fears that the yield curve could invert, signaling a recession. Markets will be closed Wednesday to honor the passing of President George H.W. Bush. “

Author: jeffpelline

Jeff Pelline is a veteran editor and award-winning journalist - in print and online. He is publisher of Sierra FoodWineArt magazine and its website Jeff covered business and technology for The San Francisco Chronicle for 12 years, and he was a founding editor and Editor of CNET News for eight years, among other positions. Jeff has a bachelor's degree from UC Berkeley and a master's from Northwestern University. His hobbies include sailing, swimming, and trout fishing in the Sierra.

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