Switzer on Saturday

Donald’s ducks were lining up until last night

Founder and Publisher of the Switzer Report
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Friday Close
Change
Change %
Week Change %
Dow Jones
26,935.07
-159.72
-0.59%
-1.05%
S&P 500
2,992.07
-14.72
-0.49%
-0.51%
NASDAQ
8,117.67
-65.20
-0.80%
-0.72%
ASX 200
6,730.80
13.30
0.20%
0.92%
Data for week commencing 16 September 2019

Just when I was toying with the idea of using the headline that “Donald’s ducks are lining up in a row”, along comes the man himself with a bombshell to scatter those damn creatures! Yep, stocks went down and it followed a Chinese delegation of trade officials going home early from an agricultural tour. Wall Street didn’t like the news and the concerns were doubled down, with the President saying he’s not in the market for partial trade deals.

And Donald added to the negativity by throwing in that he didn’t expect the big deal to be done before the election. With this President and his negotiation tactics, you have to think what a normal person would be thinking and then flip it!