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 SierraCulture.com. Jeff covered business and technology for The San Francisco Chronicle for years, was a founding editor and Editor of CNET News, and was Editor of The Union, a 145-year-old newspaper in Grass Valley. Jeff has a bachelor's degree from UC Berkeley and a master's from Northwestern University. His hobbies include sailing and trout fishing.

3 thoughts on “Is Trump shorting the stock market?”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s