Stocks drop 3% on Wall Street, their worst drop of the year, as China counters Trump's tariffs with cheaper currency https://t.co/MZTRHBHPui
— The Associated Press (@AP) August 5, 2019
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The stock market, like every other institution in this country and worldwide, is a closed system.
A very few players at the top can drive the market down or raise the market up with a few phone calls. Isn’t that right Mr. Buffett?
The market is up 80 points today. Why? Did something dramatic happen overnight to change the markets direction?
Yesterdays dive was a warning from the oligarchs and the plutocrats to Trump that he is pissing them off.