This article appeared online at TheNewAmerican.com on Wednesday, December 5, 2018:
It was President Trump’s tweets that set Wall Street’s teeth on edge on Tuesday, with the popular averages losing more than three percent by the close of business. On Monday it was the president’s assurance not only that a “truce” had been declared in the tariff war between the United States and China, but that the Chinese had 90 days to come to terms with the president, or else.
The Dow gained 300 points on Monday over the perceived good news.
And then the president appeared to backtrack slightly on Tuesday, letting a lot of air out of Wall Street’s balloon: