Markets Tank After Wild Trump Tweets | The Last Word | MSNBC

Markets Tank After Wild Trump Tweets | The Last Word | MSNBC


HAS BEEN REALLY HELPFUL.>>THANK YOU.>>THANK YOU.>>YOU HAVE A GREAT WEEKEND.>>YOU HAVE A GREAT WEEKEND.>>ANY MINUTE NOW PRESIDENT>>ANY MINUTE NOW PRESIDENT TRUMP IS TAKING OFF FOR THE G-7 TRUMP IS TAKING OFF FOR THE G-7 SUMMIT IN FRANCE AFTER A DAY OF SUMMIT IN FRANCE AFTER A DAY OF CREATING ECONOMIC CHAOS IN THE CREATING ECONOMIC CHAOS IN THE UNITED STATES. UNITED STATES. THE PRESIDENT IS TAKING IT THE PRESIDENT IS TAKING IT ABROAD. ABROAD. WE’RE GOING TO DISCUSS SEVERAL WE’RE GOING TO DISCUSS SEVERAL OF THESE CRISES IN OUR HOUR. OF THESE CRISES IN OUR HOUR. WE START WITH THE PRESIDENT’S WE START WITH THE PRESIDENT’S PUBLIC MELTDOWN ON TWITTER, PUBLIC MELTDOWN ON TWITTER, PUSHING THE TRADE WAR BETWEEN PUSHING THE TRADE WAR BETWEEN THE WORLD’S ECONOMIC SUPER THE WORLD’S ECONOMIC SUPER POWERS INTO A DANGEROUS NEW POWERS INTO A DANGEROUS NEW PHASE. PHASE. TRUMP SET THE STOCK MARKET TRUMP SET THE STOCK MARKET TUMBLING THANKS IN PART TO A TUMBLING THANKS IN PART TO A SERIES OF TWEETS OVER THE LAST SERIES OF TWEETS OVER THE LAST 12 HOURS. 12 HOURS. IT ALL STARTED WHEN HE CALLED IT ALL STARTED WHEN HE CALLED THE CHAIR OF THE FEDERAL THE CHAIR OF THE FEDERAL RESERVE, THE GUY HE PICKED, HE RESERVE, THE GUY HE PICKED, HE CALLED JEROME POWELL A, QUOTE, CALLED JEROME POWELL A, QUOTE, ENEMY OF THE UNITED STATES, AND ENEMY OF THE UNITED STATES, AND COMPARED HIM TO CHINA’S COMPARED HIM TO CHINA’S PRESIDENT XI AFTER POWELL PRESIDENT XI AFTER POWELL ACKNOWLEDGED THAT TRADE ACKNOWLEDGED THAT TRADE UNCERTAINTIES WERE AFFECTING THE UNCERTAINTIES WERE AFFECTING THE GLOBAL ECONOMY. GLOBAL ECONOMY. YES, DONALD TRUMP COMPARED HIS YES, DONALD TRUMP COMPARED HIS OWN HAND PICKED CHAIR TO THE OWN HAND PICKED CHAIR TO THE AUTHORITARIAN OF CHINA. AUTHORITARIAN OF CHINA. THE PRESIDENT ALSO ORDERED U.S. THE PRESIDENT ALSO ORDERED U.S. COMPANIES TO CUT TIES WITH COMPANIES TO CUT TIES WITH CHINA, SOMETHING THAT, IN FACT, CHINA, SOMETHING THAT, IN FACT, THE PRESIDENT AT LEAST TODAY THE PRESIDENT AT LEAST TODAY CANNOT DO. CANNOT DO. AND WE SAW ALMOST IN REAL-TIME AND WE SAW ALMOST IN REAL-TIME THE EFFECT OF TRUMP’S TWEETS. THE EFFECT OF TRUMP’S TWEETS. HERE IS WHAT HAPPENED. HERE IS WHAT HAPPENED. THAT FIRST JOG DOWN IN THE THAT FIRST JOG DOWN IN THE MARKET. MARKET. THE DOW DROPPED. THE DOW DROPPED. IT DROPPED FAST. IT DROPPED FAST. IT NEVER REALLY RECOVERED, IT NEVER REALLY RECOVERED, CLOSING MORE THAN 600 POINTS CLOSING MORE THAN 600 POINTS LOWER. LOWER. IT WAS MORE THAN 700 POINTS IT WAS MORE THAN 700 POINTS LOWER AND MADE A LITTLE RECOVERY LOWER AND MADE A LITTLE RECOVERY IN THE LAST FEW MIN OUTUTES OF IN THE LAST FEW MIN OUTUTES OF TRADING. TRADING. $75 BILLION WORTH OF U.S. GOODS. $75 BILLION WORTH OF U.S. GOODS. AND THEN LATE THIS AFTERNOON AND THEN LATE THIS AFTERNOON TRUMP MADE GOOD ON HIS PROMISE TRUMP MADE GOOD ON HIS PROMISE TO RESPOND TO MOVE. TO RESPOND TO MOVE. TRUMP TWEETED HE WOULD BE TRUMP TWEETED HE WOULD BE RAISING THE TARIFF RATES ON $250 RAISING THE TARIFF RATES ON $250 BILLION IN CHINESE GOODS FROM BILLION IN CHINESE GOODS FROM 25% TO 30%. 25% TO 30%. THE PRESIDENT ALSO TWEETED THAT THE PRESIDENT ALSO TWEETED THAT HE WOULD INCLUDE THE TARIFF RATE HE WOULD INCLUDE THE TARIFF RATE ON AN ADDITIONAL $300 BILLION OF ON AN ADDITIONAL $300 BILLION OF CHINESE GOODS THAT HAVE YET TO CHINESE GOODS THAT HAVE YET TO GO UNDERTARIFF. GO UNDERTARIFF. THESE WERE SUPPOSED TO HAPPEN ON THESE WERE SUPPOSED TO HAPPEN ON SEPTEMBER 1st. SEPTEMBER 1st. AS YOU RECALL, THE PRESIDENT SO AS YOU RECALL, THE PRESIDENT SO GENEROUSLY SAID HE WILL DELAY GENEROUSLY SAID HE WILL DELAY THOSE UNTIL DECEMBER 15th SO IT THOSE UNTIL DECEMBER 15th SO IT DOESN’T AFFECT ANYONE’S DOESN’T AFFECT ANYONE’S CHRISTMAS SHOPPING. CHRISTMAS SHOPPING. THIS IS THE WORST KIND OF TRADE THIS IS THE WORST KIND OF TRADE WAR BECAUSE IT IS LOSE-LOSE. WAR BECAUSE IT IS LOSE-LOSE. EVERYBODY LOSES. EVERYBODY LOSES. FARMERS ARE LOSING. FARMERS ARE LOSING. CONSUMERS ARE LOSING BECAUSE CONSUMERS ARE LOSING BECAUSE PRICES ARE GOING UP AND WE’RE PRICES ARE GOING UP AND WE’RE NOT SELLING MORE GOODS TO CHINA. NOT SELLING MORE GOODS TO CHINA. IT IS WORSE IN CHINA. IT IS WORSE IN CHINA. THERE IS NO RESOLUTION IN SIGHT THERE IS NO RESOLUTION IN SIGHT BECAUSE THE AIM OF THIS TRADE BECAUSE THE AIM OF THIS TRADE WAR IS ENTIRELY UNCLEAR. WAR IS ENTIRELY UNCLEAR. IT IS UNARTICULATED BY THE IT IS UNARTICULATED BY THE PRESIDENT. PRESIDENT. NOBODY IN THE WHITE HOUSE HAS NOBODY IN THE WHITE HOUSE HAS ARTICULATED WHAT SUCCESS LOOKS ARTICULATED WHAT SUCCESS LOOKS LIKE. LIKE. AND DON’T FORGET, THIS IS ALL AND DON’T FORGET, THIS IS ALL HAPPENING AS TRUMP’S OWN AIDS HAPPENING AS TRUMP’S OWN AIDS ARE WARNING OF A BUSINESS ARE WARNING OF A BUSINESS CLIMATE THAT IS AT RISK OF CLIMATE THAT IS AT RISK OF FALTERING THANKS IN LARGE PART FALTERING THANKS IN LARGE PART TO THE PRESIDENT’S OWN CHAOTIC TO THE PRESIDENT’S OWN CHAOTIC POLICIES. POLICIES. AS THE WASHINGTON POST REPORTS, AS THE WASHINGTON POST REPORTS, TOP WHITE HOUSE ADVISERS TOP WHITE HOUSE ADVISERS NOTIFIED PRESIDENT TRUMP EARLIER NOTIFIED PRESIDENT TRUMP EARLIER THIS MONTH THAT SOME INTERNAL THIS MONTH THAT SOME INTERNAL FORECASTS SHOWED THAT THE FORECASTS SHOWED THAT THE ECONOMY COULD SLOW MARKEDLY OVER ECONOMY COULD SLOW MARKEDLY OVER THE NEXT YEAR, STOPPING SHORT OF THE NEXT YEAR, STOPPING SHORT OF A RECESSION BUT COMPLICATING HIS A RECESSION BUT COMPLICATING HIS PATH TO RE-ELECTION IN 2020. PATH TO RE-ELECTION IN 2020. THAT’S THE NEWS TONIGHT AS THE THAT’S THE NEWS TONIGHT AS THE PRESIDENT PREPARES TO LEAVE THE PRESIDENT PREPARES TO LEAVE THE UNITED STATES FOR FRANCE FOR THE UNITED STATES FOR FRANCE FOR THE G-7. G-7. FORMER VICE PRESIDENT STANLEY FORMER VICE PRESIDENT STANLEY FISCHER PUT IT THIS WAY IN A FISCHER PUT IT THIS WAY IN A SPEECH EARLIER TODAY. SPEECH EARLIER TODAY. HE SAID THE PRESIDENT IS TRYING HE SAID THE PRESIDENT IS TRYING TO DESTROY THE GLOBAL TRADING TO DESTROY THE GLOBAL TRADING SYSTEM. SYSTEM. WE ARE IN A SYSTEM IN WHICH WE ARE IN A SYSTEM IN WHICH THINGS ARE GETTING WORSE BY THE THINGS ARE GETTING WORSE BY THE DAY. DAY. WE ARE IN UNCHARTED TERRITORY. WE ARE IN UNCHARTED TERRITORY. HERE AT HOME, NO ONE, NO ONE IN HERE AT HOME, NO ONE, NO ONE IN THE PRESIDENT’S PARTY, NO THE PRESIDENT’S PARTY, NO REPUBLICAN SEEMS WILLING TO REPUBLICAN SEEMS WILLING TO STAND UP TO HIM ON HIS TRADE WAR STAND UP TO HIM ON HIS TRADE WAR OR ANYTHING ELSE. OR ANYTHING ELSE. JUST THINK ABOUT THIS. JUST THINK ABOUT THIS. NOT A SINGLE REPUBLICAN HAS NOT A SINGLE REPUBLICAN HAS DENOUNCED THE PRESIDENT FOR DENOUNCED THE PRESIDENT FOR CALLING THE FEDERAL RESERVE CALLING THE FEDERAL RESERVE CHAIRMAN AN ENEMY OR MORE CHAIRMAN AN ENEMY OR MORE ESCALATING HIS TRADE WAR WITH ESCALATING HIS TRADE WAR WITH CHINA OR EVEN FOR HIS GREENLAND CHINA OR EVEN FOR HIS GREENLAND DEBACLE. DEBACLE. THAT WAS JUST THIS WEEK HE WAS THAT WAS JUST THIS WEEK HE WAS GOING TO BUY GREENLAND. GOING TO BUY GREENLAND. THE HOUSE REPUBLICANS CAMPAIGN THE HOUSE REPUBLICANS CAMPAIGN ARM WERE ACTUALLY SELLING ARM WERE ACTUALLY SELLING T-SHIRTS IN SUPPORT OF THE T-SHIRTS IN SUPPORT OF THE PRESIDENT’S IDEA OF PURCHASING PRESIDENT’S IDEA OF PURCHASING GREENLAND. GREENLAND. IN THIS UNCERTAIN WORLD, ONLY IN THIS UNCERTAIN WORLD, ONLY ONE THING IS CERTAIN, THE CHAOS ONE THING IS CERTAIN, THE CHAOS NEVER STOPS. NEVER STOPS. IF YOU THOUGHT WE’D HIT THE PEEK IF YOU THOUGHT WE’D HIT THE PEEK OF PRESIDENTIAL CHAOS EARLIER OF PRESIDENTIAL CHAOS EARLIER THIS WEEK, THAT WAS BUYING

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100 thoughts on “Markets Tank After Wild Trump Tweets | The Last Word | MSNBC”

  • Reality check
    President Trump has brought the lowest unemployment rate in the history of the USA for African Americans, Hispanics and Asians because you have a businessman in the White House instead of BS politicians. MSNBC and CNN are misleading and deceptive conduct completely unfit to be a news outlet

  • news flash! DOW goes up and down all the time. this is a really dumb tact for MSNBC. only dumb people and adolescents would fall for this.

  • PO(TU)S knew EXACTLY what the market would do..he and his family will make millions on these moves..next week he will probably come up with something to do the opposite!

  • William Helfrich says:

    Just trying to distract from the DOJ hit job on Epstein and his failing domestic terrorism campaign,he will claim in campaign,sorry trailer people I tried,but the big bad corporations and rich investors wouldn't let me,but I will give them an even bigger tax break in my second term, American working class suckers

  • Septembers Whisper says:

    For eight years under obama our economy tanked, but no one talked about it. Speaking of obama, did you know he actually paid cnn to lie to you? I bet he paid msnbc as well, as often their stories are almost the same, word for word. https://newspunch.com/cnn-reporter-admits-obama-paid-them-to-lie/ People just feed off hate here, for over two years it was nothing but hate and disdain for Trump over Russia and it all turned out to be a huge lie, based on a huge lie. Just hate, and I bet half of you have those "be kind" stickers on your cars. And vagina hats for those special occasions.

  • So glad we have MSNBC to open our eyes to how truly deplorable donald trump is!!!!! The president is a sick sick man and should be physically removed from our White House!!!!!!! This is a bit of a repeat of what the economic mess that Bush left for President Obama in 2008!!!! Hopefully we can elect a democrat president who will save the economy from the mess that donald trump will leave in 2020!!!!!! Bernie, or Beto, or even Kamala would be up to task to do at least almost as good as President Obama did for America to pull the country off the economic cliff!!!!! I wish we could get President Obama back!!!!! I felt so good knowing that he was in charge and would do what is right for America!!!!!!!!!

  • Trump is so stupid. Whats next telling American's not to buy Chinese goods. Trump then should tell Wal-Mart to close its doors.

  • Greenland shouldn't buy America, who wants to inherit that kind of debt, they should build a wall to keep future asylum seeking Americans out.

  • TRUMP knows nothing about economics ! Or anything else—-but vote for him because you don't listen to this nincompoop !

  • Loser tRump will go down in history as Unamerican, moral corrupt (liar and thief ) ALL HIS TWEETS ARE ARCHIVED…STUPID STUPIDITY AT ITS BEST….

  • Es un personaje qué tiene poder.yo cofio en el Pero es peligros estado.soy un viejo.y el tenía una publicidad en pesca .

  • The nations are in a state of perplexity, as written in the end times scriptures. Recession, war and extreme natural disasters never seen are a matter of when not if. God has pre warned us of the end times, very clearly in the bible. Even as much to say that, all these thing happen in one generation. its happening thats why the evil elites are taking away the bible so people cant get Gods warning and find protecton with him. God wins against satan in the end and creates heaven on for his believers. We are so close to the tribulation, these are just the bith pains. Dosnt matter what you done in life, you can always come to God. His door is always open, until he cleans this earth of evil.

  • The only way to stop the chaos and the madness is to invoke the 25th amendment, bu apparently nobody has the guts to do it.

  • He was never qualified to be president. He's just a vacuous TV jerk and failed businessman who has been winging it. Now he's crashing.

  • And how, precisely, could a Putin-authorized Russian agent, replete with engraved certificate and letter of introduction, be any more authentic in deed than Trump in demonstrating the requisite behaviors of allegiance to Russia while simultaneously tearing down his own country, all while enjoying the immunities proffered by the Office of the Presidency? Our intelligence agencies did, indeed, find some significant evidence of Russian involvement with Trump, but just because they haven't found that engraved certificate doesn't deter me from coming to my own conclusion about Trump after witnessing his consistent anti-American, democracy-bashing behavior and rhetoric, both of which amply define this snake as an outright traitor. That's traitor, spelled T.R.A.I.T.O.R. Got it?

  • Not A RealPresident says:

    The 25th Amendment should be considered to IMPEACH Donald☝ WHY? This Blasphemous Imbecile really thinks he's the second coming of the messiah . Trump personally has some mental health problems .

    PRISON For Crooked Trump and His Entire Corrupt Administration . WHY? Collusion with Russia and using Voter Suppression to win an election . Taking money from Foreign States , Stealing money from the crooked U.S. Government .

  • Who writes this horrible smearing lying scams ! This is not news , this is a lying network trying to smear and frame a innocent ! Unplug msnbc ! Just terrible

  • clay williston says:

    Why are you Americans letting this Nazi get away with what he’s getting away with get rid of Trump do yourselves a favour

  • clay williston says:

    Does anyone really believe the Donald Trump gives a crap about what happens to the world he owes everybody he has no money he’s just a living debt

  • clay williston says:

    Does anybody believe that maybe when Donald Trump gets out of office instead of going to prison he’s going to go to Russia maybe he’s going to become a Russian citizen with all of his money over there maybe

  • Trump's trade war (easy to win) is all about INTELLECTUAL PROPERTY. rich peoples ideas COPIED by others for a cheaper price. NOT FOOD OR MEDICINES. Trump and Senator Grassley screwed the farmers over MONEY. TRUMP also has SAVED THE RUSSIAN ECONOMY. GOP REFUSES TO PROTECT OUR ELECTIONS. WHY?

  • The markets “tanked”? C’mon fake News Network, I know economics isn’t your strong suit, but the United States is still doing fantastic by every economic measure. #fakenews

  • Trump seems to think that he rules over America as a crazy King. He needs start understanding that the power of the president is not to command citizens to throw away their livelihoods for Trump’s personal and mental issues. He is just using the role as the presidency to fulfil his fantasy of being king. Sad.

  • Trump is running America into the ground. He is a national disaster. He has to go, he has to be thrown out of the oval office and held accountable for his crimes.

  • Amazing… a great President like Kennedy gets shot in the head, and we end up stuck with Trump… it's like upside-down world.

  • Seems like the liberal media have dropped the Russia Collusion BS for now. The current narrative is try to convince the sheeple that a recession is coming in 2021. Will the liberals accept this new BS? 😎.

  • Los Angeles record homeless epidemic 40% are children as trash piles up the rat infestations levels that of a 3rd world country.

  • I'm starting to think that maybe, just maybe Donald Trump might not be the greatest president in the history of The United States.

  • Lol no. Literally zero markets tanked. What a joke. These deranged Dems think they can force a recession to win against President Trump and Dems can’t even do that right. 😂😂😘

  • Chaos is his middle name. Everywhere he has been only bankruptcy, fraud and thieving. He’s not a great salesman he’s just a con man.

  • Larry Betancourt says:

    This guy is the only American to s*** in his own backyardhe needs to move back to Moscow where he belongs trator impeach indict amendment 25

  • Am I the Only One that Knows that "Trump's Tariffs" are getting paid by American Consumers????? Why Republicans and Democrats are not saying anything to PROTECT AMERICAN PEOPLE AND AMERICA'S INTERESTS?????

  • President Sad Sack has rid of himself of anyone who would check his idiocy. He's completely surrounded by lickspittles at this point.

  • wandering spirit says:

    Since Trump was elected, the stock market has hit 70 all time records.
    BTW, now that Trump is in office, there are now more 401K millionaires
    than ever before. And as a reminder, unemployment for Blacks and Hispanics
    is at a HISTORICAL LOW.

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