Trump Demands Loyalty From Stock Market

Reuters reports:

U.S. President Donald Trump, who has repeatedly praised Wall Street gains during his first year in office, on Wednesday dismissed recent market gyrations, saying stocks should not be falling amid strong economic news. “In the ‘old days, when good news was reported, the Stock Market would go up. Today, when good news is reported, the Stock Market goes down. Big mistake, and we have so much good (great) news about the economy!” Trump wrote on Twitter.

CNBC reports:

Presidents have typically tried to limit talk about stock market success because equities can just as easily slide. But Trump has embraced the stock market run since Election Day 2016, tweeting about stocks at least 60 times and highlighting markets during numerous public appearances.

In trading Friday and Monday, stocks hit their first major roadblock since Trump’s election on Nov. 8, 2016. On Monday, amid the worst percentage declines for the Dow Jones industrial average and S&P 500 since 2011, Trump notably omitted the stock market as he rattled off a list of what he called his economic achievements during a speech in Ohio

  • bkmn
  • Rex

    That’s not how it works.
    That’s not how any of this works.

    • kaydenpat

      This idiot is the Leader of the Free World. What an embarrassment!

      • Steven in Texas

        Embarrassment I can handle, catastrophe is a bit more difficult.

      • AmeriCanadian

        I suspect he lost that title quite a while ago.

        • Rex

          He does retain the “idiot” title.

      • Todd20036

        No, he’s not. Merkel is.

      • Xiao Ai: The Social Gadfly

        This world has never been free. At best, only at a reduced rate for some.

      • Thsi idiot is the Laughingstock of the Free World.

        Fixed it for ya.

        • David Walker

          When he goes, the Laughingstock Market may wobble a little, but as long as there are banana republicans, it’ll never crash.

      • Nowhereman

        No, these days the Leader of the Free World is Angela Merkel.

      • Prost Seattle

        Only if the rest of the world was foolish enough to follow. Make no mistake, this is the presidency that is the beginning of the decline of America.

    • Chuck in NYC

      lol That’s exactly what I was thinking before I clicked in.

    • Librarykid

      Next he will be expecting the weather to do his bidding.

      • TKW

        After he makes the sun rise in the west. So much greatness to do!

    • Chris Baker

      Can’t the stock market people just turn up the dial?

    • JCF

      A summation of Planet Earth, since 1/19/17.

  • kaydenpat

    ??? He has totally lost his ever loving mind! WTH?

    • Gerry Fisher

      A long while ago, yes. This is just a lower plateau than previously observed.

      • olandp

        Apparently, there is always lower.

  • Rex

    Any more thought to that 25th Amendment thing?

    • Nic Peterson

      No. Fat, stupid, orange Nixon doesn’t deserve the 25th. He deserves to be picked up by Bob Mueller during the highlight of his military parade in front of the entire world.

      • Anastasia Beaverhousen

        Or just have all the military stop in front of his viewing stand and slowly turn towards him with weapons raised.

        • Todd20036

          Um, weapons isn’t a euphemism for “penises” this time.
          Right?

          • olandp

            Donald Trump has never raised a penis. Ever.

    • Frostbite

      At this point all we can do is hope he gives himself a heart attack.

      • skyweaver

        Ooooooh please please please? His supporters get to endlessly debate conspiracy theories about who actually killed him, and the rest of us can move on. Win win! (I typed in wine-wine at first, which is a much more pleasant thought than just about anything I’ve read this morning)

  • Sam_Handwich
    • Todd20036

      Gollum would make a better president.
      Hell, Sauren would make a better president.
      Fuck it. Sarumen could do better. Hell, orcs are cheap labor.

    • narutomania

      Hahaha! That is bah-rilliant!

      And it underscores my comment on Friday after the 666-point fall: Take credit for THAT, Drumpf!

    • JCF

      “orconomy”

      In terms of ever-accelerating inequality? Perfect!

      “What? You want to raise the minimum wage to $15???”

      https://uploads.disquscdn.com/images/95c88fa9d2218df8a11a84d6964f2eee6dd9e201a5cb3c0912db5f1f78bb04a8.jpg

  • Christopher
    • Christopher

      For the younger folks here, this is Perry Mason, the greatest lawyer in history. He only lost one case!

      Okay, maybe he wasn’t a real lawyer, but since we don’t have a real president, I’ll allow it.

  • Rex

    Maybe he can pay the stock market to go up like he paid Stormy Daniels to shut up.

  • shellback
    • Todd20036

      I never could understand the attraction of Jack Nickleson.

      And yet, it’s there.

      • shellback

        Maybe it has something to do with his big…

        filmography.

      • JCF

        Nicholson. [Sorry, I can’t help myself!]

  • Girlgoon

    The stock market doesn’t like wage increases especially for the lowest workers

    • BobSF_94117

      Are “we” really dumping a car on Mars?

      • BearEyes

        Actually Musk is looking for the car to be in geo-synchronous orbit between Earth and Mars to monitor the fluctuation of that orbit to gather data that could be useful for staging of ships and equipment for future trips to Mars.
        That may not fully happen though as radiation from the sun and the conditions in space will likely destroy much of the vehicle in the next year or so possibly leaving only the metal frame.

        • JCF

          It overshot (the trajectory for) Mars. Now, it’s headed to the Kuiper Belt.

  • ClevelandJim

    How DARE the stock market not stand up and applaud the Cheeto!

    • Athirson

      Treason!

      • Steverino

        Gitmo the stock market!

  • Max_1
  • MikeBx2

    “absolutely no concerns about the president’s cognitive ability or his neurological function” -White House Physician

  • Nic Peterson

    We deserve far better and nuanced incompetence than this.

  • Gigi

    It’s still the same today, asshat. The stock market went down as soon as you started to speak, a.k.a. bad news was reported. #Dolt45

  • Max_1

    You know what Donald calls his penis…
    … A disgraceful unamerican little dick that won’t stand.

  • Boreal

    Hahahahahahahaha fat shitgibbon can’t control the markets and as his ‘policies’ kick in, so will the economic downturn.

  • IAMBOWLINGGREEN
  • Rex

    In the “old days”, say a couple years ago, we had a President that was not a total embarrassment, acted like a world leader, and commanded respect by not being a despicable excuse for a man and lying douchbag. You keep acting like a blithering idiot – big mistake.

    • Anastasia Beaverhousen

      Wasn’t that just 13 months ago?

      • iambu

        Oh god…it feels so much longer…………

      • Mark

        Feels like 13 lifetimes.

  • JWC

    just get a STR8 jacket and take this guy out

    • TK

      Agreed. The guy is full-blown out of his mind.

  • Rex

    Good Lord, it’s only Wednesday.

    • Joe in PA

      Yup, and we have the shutdown-showdown tomorrow…and I think the 5 day window for #releasethememo is up on Friday/Saturday? Good times.

    • Taylor Bixler

      It’s only February…

  • TK

    What’s next? Whining about not being able to control the weather??

  • Sam_Handwich
    • Reality.Bites

      Any chance the lawyers and judge could just leave him there?

    • Leo

      Wait a minute I thought he lost his lawyers

    • JCF

      “with his lawyers Shan Wu”

      Are you with us (Juris) Doctor Wu?

  • coram nobis

    Did this great businessman ever trade in securities? Certainly he never took a Trump firm public. Sounds like he has no idea how Wall Street works, and that’s a new revelation.

    • GayOldLady

      He has no idea how anything works. He’s still trying to figure out addition and subtraction.

      • coram nobis

        His game was Monopoly, and he cheated at it, apparently.

        (I understand the streets in Monopoly were named after streets in Atlantic City).

        • Joe in PA

          And all those “billions” he has…Monopoly money.

          • Snarkaholic

            And Shitcoin.

          • The_Wretched

            We know from things like his mar-a-lago property tax fight that he regularly insists properties are worth a fraction of their real value for property taxes but then turns around and lists them 10x their value to places like Forbes for wealth determination.

        • Snarkaholic

          Yes, they are.

        • GayOldLady

          Trump wouldn’t have the patience to play a game of Monopoly to completion, he’d have to cheat.

        • Steverino

          The game needs to be updated as Oligarchy with streets named after streets in Moscow.

          • Ragnar Lothbrok

            Gulag place has a nice ring to it.

          • Steverino

            Go directly to Siberia, do not pass GO, do not collect 200,000 rubles…

    • Gustav2

      Sounds like?

    • Ragnar Lothbrok

      Trump Stock :
      ” By April 2004, someone who had invested a notional $100 in the IPO was left with about $10.”

      LOL

      https://www.marketwatch.com/story/donald-trump-was-a-stock-market-disaster-2015-07-22

      • Ray Taylor

        Lucky it’s $10. The value should be $0.10.

  • GayOldLady
    • Todd20036

      That picture is so fucking accurate.
      Every day another embarrassment.
      But hey, Hillary’s emails. Right?

      • GayOldLady

        Hillary’s email, Benghazi, Benghazi, Benghazi and Hillary’s emails.

      • Paul

        Weird how the trolls who’d shout that every thread disappeared after the election.

        Russia stopped paying them I guess.

    • ChrisInKansas

      That meme should be changed to “seconds”.

    • Ragnar Lothbrok

      One thing about him, right, wrong, guilty, or innocent – he will never ever ever ever STFU.

      • TampaDink

        Eventually everyone goes silent, permanently. He cannot do that soon enough.

        • Ragnar Lothbrok

          Some dreams eventually come true 🙂

          • David Walker

            I used to be a patient person. I’ve decided that doesn’t work.

        • Librarykid

          I would love to have the smiley face balloon concession at his funeral, heavy on the orange. The other side would just have GDGOP. Probably be a bigger turnout than for his inauguration and he would not get to see it.

      • GayOldLady

        Oh, Yes He Will! 🙂

    • Hunter M
  • The_Wretched

    Being constantly gaslighted is wearying.

    Next up, Donny the Unfit complains that water makes him wet.

  • Bambino

    In the old days a bone spur cadet would not have qualify to run the country let alone a con man who colluded with Russia.

  • Barry William Teske

    Just think how many characters could have been saved if #45 had just said ‘Do as I say not as I do.’.
    Yet #45 thinks he understands ‘stock’.
    So, now the question is back to him:
    Who is it your loyalties are placed with?

    • kaydenpat

      Russia. Putin’s Puppet.

  • TampaDink

    Not that it NEEDS to be said, but it often bears repeating, hair furor is out of his fucking mind!

    • JWC

      Ya really think???

      • TampaDink

        I only worry about those who disagree with this.

        • JWC

          i believe that is s a slowly dwindling number

  • William

    Is Trump mad with power yet?

    • GayOldLady

      He’s mad that he doesn’t have all the power.

  • Rex

    A government shut-down is looming and this is how he spends his time. He needs to go. Far away.

    • GayOldLady

      Very far away, like another dimension.

      • billbear1961

        He’s already there–what we see is a projection.

      • Bad Tom

        We do have rockets capable of lobbing large masses to Mars. I’ll spot him a spacesuit.

        • GayOldLady

          I’ll buy a years supply of diet cokes.

          • Bad Tom

            Together we can make this happen!

          • GayOldLady

            🙂 We can split the cost of a years worth of Big Macs, Fish sandwiches and french fries. When the year is up he’s on his own.

      • Rex

        Another dimension called, it want’s it’s idiot back.

        • TampaDink

          Another dementia called as well.

  • billbear1961

    Better get on this right away, Nunes!

    The stock market is conspiring with the Deep State against Dear Leader!

  • The_Wretched

    Anyone remember the movie “Trading Places” from 1983. Two rich guys make a bet that they can flip the fortunes of a rich man and poor street hustler. Someone did the same thing IRL – they took Trump and put him in charge of the US.

    • TampaDink

      I am hoping that our country & the rest of the planet will soon end up on a tropical island as did Eddie Murphy, Dan Akroyd & Jamie Lee Curtis.

      • Christopher

        But I hate tropical environments.

        I’d rather move to Iceland!

        • TampaDink

          At this point, I’d prefer living in almost any other country.

          • Christopher

            Yeah, I’m with you.

            I hear Norway is great this time of year!

            Zhera could confirm or deny this. 😉

    • jimbo65

      “Just a dime bag, …I’ll do all those things you like. “

  • Bambino
  • SFBruce

    This is what you get when you combine extreme egomaniacal impulses with complete ignorance of just about everything. It’s simply no exaggeration to say little Donnie truly believes the universe revolves around him.

  • city2city

    A King Canute for the modern world.

  • Skeptical_Inquirer

    What next? Maybe someone should get him to try to command some tornadoes while outside of a shelter. It’s like he really is trying to give Caligula some competition.

  • edrex

    in the old days i would buy low and sell high. now i buy high and sell low. big mistake.

  • Greg B.

    “Big Mistake”. As if there’s one guy named Mr. Jones sitting in room making it go up and down with a lever depending on how he’s feeling today. This clown really doesn’t understand how anything works.

  • gaycuckhubby
    • Gustav2

      If we live that long…

      • Joe in PA

        Because my liver is about shot. 🙁

        • Lumpy Gaga

          I used to abstain for a month or 2, usually in the Fall. It’s February this year. (It is the shortest month).

          • The_Wretched

            I rarely drink. it has negative consequences for muscle growth and maintenance.

          • billbear1961

            One worried more about these things before the Fall.

  • The_Wretched

    FWIW, this story is exactly what you’d expect a malignant narcissist. They can only understand the world as it impacts them. They are the center of everything and all facets of the world only have meaning with relation to them. So the stock market going down makes Donny look bad so it’s an attack on him. He’s said repeatedly that it’s his right even a duty to attack back.

    Here, he’s being attacked by something like an imaginary force (abstract stock pricing average for 30 companies). So he’s striking back.

  • Alexander Stallwitz

    Trump needs a lesson on how Wall Street works, luckly all he needs to do is call a cabinet meeting.

  • another_steve

    The awaited stock market “correction” has begun. It’s a cyclical thing, has little to do with who’s in the White House.

    The orange sexual predator is a fool to tie his “popularity” to the market.

  • Gustav2

    I can’t get this editorial cartoon to transfer:

    http://www.dispatch.com/opinion/20180207/beeler-cartoon-traitors-everywhere

  • Uncle Mark

    Can we expect Nunes to qweef out a memo about the stock market’s treachery, too?

    • billbear1961

      Great minds!

      🙂

  • “Recent Market Gyrations” sounds like a feature story in the Advocate while they’re covering Chicago Gay Pride.

    • William

      “Recent Market Gyrations” was the stage name of that stockbroker I used to date.

  • HZ81

    He puts the “Fun” in functionally retarded.

  • billbear1961

    There’s a bird with a message for you, Dump.

    https://www.youtube.com/watch?v=Hfkq-S7Vis8

  • liondon#iamnotatraitor

    Wall street doesn’t want worker wages to increase. That would cause inflation. Wall street doesn’t want inflation.

    • The_Wretched

      If Wall Street didn’t increase prices to offset worker wage increases, there wouldn’t be inflation.

      • William

        People would have more. We can’t have that.

        • The_Wretched

          We’d have twice as much if our share of the economy kept par with GDP growth from 1980.

      • liondon#iamnotatraitor

        Wage increases bite into profit.

  • Jerry Kott

    The Emperor’s hasn’t changed his underwear. The Gas Lighting is running on empty.

  • AmeriCanadian

    I think it’s time for a remake of Idiocracy. The script has already been written and is in the public domain. The casting may be a challenge but with modern CGI it can be done.

  • gaycuckhubby

    OT…
    This whole interview is kind of Bonkers. And I don’t believe his claims for a second.
    https://twitter.com/maggieNYT/status/961259370481897472

    • The_Wretched

      I suspect he ‘dated’ every woman within arms reach.

      • gaycuckhubby

        exactly. And he says that Ivanka asked to go to dinner with him one time 12 years ago. I don’t know how that translates to him dating her

    • Joe in PA

      Thanks Maggie…more crack journalism I see.

      • gaycuckhubby

        in the interview he also claims to know secrets about the clintons which is why he can’t support Hillary

        • Joe in PA

          I actually clicked…glanced…that is some whacky shit. So why would a New York Times fancy pantcy “journalist” be tweeting that shit. Oh right, Maggie.

      • billbear1961

        She has the best access!

  • Steve Teeter

    The drop in the Dow was startling, yes, but also completely normal. The market hasn’t had a correction in nearly two years, so one is overdue. If one does happen (and the markets are heading back up today), it will be the market doing just what it’s supposed to. I guess this is beyond the comprehension of the Trump team.

  • Halou

    The “old days” when there was a superpower trying to make the Command Economy work. The Soviet regime used to dictate who did what job, how much was sold and to whom. It was all rather contrary to what America stands for. Shame on Trump for idolizing the Soviet system… although, under that system the Soviet head of state technically owned the entire nation’s GDP, so maybe Trump thinks they were the most successful people of the 20th century, so rich!

  • Taylor Bixler
  • Nowhereman

    Trump has no fucking idea how the economy works.

    • Lumpy Gaga

      “Borrow moar”

      • Nowhereman

        Then go bankrupt, and hit daddy up for another trillion or so to get the country up and running again…

  • Uncle Mark

    Did Little Donny Dotard miss class the day that Wharton’s taught them all about how the Stock Market works?

  • GeneInSJ

    Hi lack of knowledge about the market is really troubling.

    • JWC

      Donny knows extremely little about a lot of things

  • Ragnar Lothbrok

    One thing for sure, you are not gaining a single supporter with all your bull shit.

  • kelven

    He speaks of the Stock Market like it’s a singular entity which can do things like determine the direction it goes. Lawd have mercy. What a dotard. What a grotesque buffoon.

  • Blake J Butler
  • Ben in Oakland

    So much good news, including that the stock market went down?
    Up is down, stoopid is smart in trumpland.

    • coram nobis

      Dow is up 259 right now, corn futures are up .34%, and low tide is expected at the Golden Gate about 10 am local time. None of this has anything to do with what the Gross Domestic Blowhard says, of course.

      • Ben in Oakland

        Of course.

  • Christopher
  • billbear1961
  • TexasBoy
  • Friday

    Uh, yeah, Drumph. Only problem is you were lying about the news by hiding the first employment statistics you could have directly affected after skating on Obama trends. And Wal Streeters may make *money* off your tax giveaways to the 1 percent, but they sure know better than to *believe* your ‘trickle down’ shit ever actually works in any other way.

  • coram nobis

    Sodden thought: if Hair Furor is this suggestible, it’s a pity that Emmanuel Macron didn’t show him a can-can review instead of a military parade. A few thousand majorettes and Rockettes prancing down Pennsylvania Avenue would have been less expensive than infantry and rocket launchers.

    • GanymedeRenard

      Why bother? A show in Las Vegas with a replica of the Moulin Rouge should suffice.

  • whollyfool

    You tell that stock market!

  • Hank

    “In the ‘old days, when good news was reported, the Stock Market would go up.”

    It is never good news, when Herr Drumpf opens his mouth!!! The Stock Market KNOWS what good new is, and it has NOTHING to do with Herr Drumpf!!!

  • William
  • kareemachan

    I’ve said this before, but it bears repeating: GOP, you embraced the shitgibbon. You kissed his ass. You are behind him 100% in public. You have an insane tiger by the tail, so whatcha gonna do now? Your creds are tanking, the US is a laughingstock, you’re gleefully poisoning the environment and people and such.

    WHATCHA GONNA DO?

  • Trump sure is demanding a lot of loyalty these days for such a treasonous coward.

  • Ninja0980

    So if it crashes, will Trump write a bunch of nasty tweets about it?

  • Judas Peckerwood

    You know what else has no goddam loyalty? The fucking tides, that’s what.

  • Jean-Marc in Canada
    • RJ Bone

      “In the old days”

      Hello dogwhistle, how are you today? 😉

  • Richard Schneider

    No, no, Donnie, no mistake. The Wall St. block party’s almost over, wages and interest rates are heading up. It ain’t gonna be just all sweet whipped cream, and sprinkles, and frosting, and double-decker moon pies, anymore.

  • Stubenville

    Like King Canute demanding that the tide stop. Cheetolini really is unhinged.

    https://uploads.disquscdn.com/images/019b74ed85cafff0781983aa9d82b67da6800b41e5fb5a00a99182d754ebf970.jpg

    • EdA

      Except that unlike our quisling fourflusher, it’s my understanding that King Canute undertook the exercise to show his followers that he could see through ass-kissing.

      • Treant

        There are two versions of the story, but yours is more commonly reported. 🙂

  • Marty Pavelka

    Ignore this sad excuse for a human being. It’s what he needs. ATTENTION.
    Do not provide it.

  • clay

    From today’s WH email blast: “In the afternoon, [Trump] will meet with the Chair of the Commodity Futures Trading Commission and then with Republican Members of the Senate Finance Committee.”

    meaning: “This afternoon, Trump thinks he’ll get to tell Wall Street what to do, and then report back to the people writing the budget.”

  • GanymedeRenard

    (Bear in mind this is from 2004; intelligent cars weren’t a thing yet, even for the rich.)

    https://www.youtube.com/watch?v=OLu-OQ-6KxI

  • 1980Gardener

    He has a good point, echoed by yesterday’s NY Times. The stock market correction is bizarre in that it occurred due to good news about the economy. Moreover, the gyrations point to underlying concerns with the market, particularly the impact of computer algorithms.

  • JamieL

    “Crazy” Dow Jones shows no respect for Trump. Many people are saying that he is a traitor, so yeah, why not, he’s a traitor. Dow is a liar and this is just an excuse for the Democrat losing the election she should have won easily because the Electoral College is rigged for the Democrat, believe me, this I can tell you.

    • Gianni

      xxx

  • RJ Bone

    That’s not how it works, you gigantic pimple. People get to panic over whatever they want to panic over, including you picking your nose on video, if they so wish.

    Some businessman. Dickhead.

  • leastyebejudged

    Writing the guy off that admits the system is rigged for him and his buddies is probably the stupidest thing you could do at this point.

  • JCF

    Another senile American President, Ronald Reagan, did something similar. I recall one wag putting it like this:

    Wall Street (responding to Reagan’s criticisms): “Sorry, we deal in FACTS here.”

    Reagan: “You’re all heart, Wall Street.”

    Wall Street: “Hey, we’re not the one who called ketchup a vegetable!”

  • gothambear

    Might be your greatest headline yet Joe LOL