Speaking in a Cabinet meeting from The White House, President Trump suggested that December’s bloodbath in stocks was a “little glitch” and that as soon as he has the trade deal “fixed,” stocks will gain once again…
“We had a little glitch in the stock market last month.”
So Trump appears to have removed the blame for the collapse from Jay Powell’s shoulders and taken them upon his own – signaling that the “glitch” was due to his trade war… not rate-hikes?
So, Trump’s trade war sparked the worst December “glitch” since the Great Depression?
via RSS http://bit.ly/2BTpS9P Tyler Durden