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Excuse me, we don't question Trump's tac(o)tical genius here. This is only temporary pain while he guides us to a land of oil and freedom.

Sometimes economic damage ends up being deadlier than bombs. I don't care about billionaires, but I do care about people who suddenly can't afford to travel to their job or pay for groceries or healthcare.

Shit they don't care about little white girls being raped either, I don't understand where they draw the line... Oh, that's right, there is no line and they will never draw one. These are not good people with principles. Deplorables is too kind.

Americans don't care regardless of political party. Democrats are not upset about the people dying, they're upset the money is wasted on a losing war. They are very eager to continue finding Israel to slaughter children.

Okay, I will count to five!

wall street crumbles

Don't make me count to ten!

He literally thought everyone bowed to the US because we were, like, the king of countries or something. Look at all the alliances he burned and expected to continue supporting us anyways.

Yeah cuz that went well

Even as everyone has learned by now his words don't mean anything "real", there's still something to be gleaned.

The fact that he's even looking for an exit speaks to how far he is "committed" to this path. So sure, the "peace talks" don't really exist, but the fact he says they do exist and keeps claiming they are going well means he wants to reverse course on the flimsiest excuse. So if the circumstances might give him an excuse, it might go away. Iran's reactions seems they are disinclined to give him that excuse easily, so the chance isn't huge, but his deadline extension based on nothing suggests he is open to other opportunities to let him back out while somehow saving face. He still cares about saving face enough to make the chances problematic, but at least he's looking for an exit.

Conversely if he said that there's no need to let up until the job is done, and his forces are going to imminently secure the strait, then that's a lie that suggests to not expect relief anytime soon.

It's about the direction the lie indicates he wants things to go and how that may play into outcomes.

Every rational person stopping for a minute while every stupid crazy mark reacts to Trump is enough to move the market.

Traders react to what they think is going to happen, not what is currently happening. Also they usually do not trade as emotionally, but rather based on processed information.
It becomes clear that this war is going to last and oil supplies will be further delayed, lowering economical prospects worldwide, which causes the market to react. A volatile market also creates some opportunities for profit as traders can gain both when the market value increases and decreases, depending on how they are trading (although it also increases risk). If you are skeptical, market manipulation is also a possibility as Trump administration is already being investigated for this.

Wait…rich people go on their phones on the bog too?

He's got a concept of a plan.

It's Friday here in Australia!

Offtopic, but I just think the Dow is just the dumbest thing.

We judge the entire economy based on 30 hand picked companies. And that membership evolves basically to fit a positive narrative if possible. One of the companies does poorly and drags the index? Just swap in a better performing company!

It's sad but true: until such a time as the US markets bounce back, Trump really did rape those children and try to cover it up. About 3500 more points to go.