Home Stock Markets The Stock Market Dances To The Music Of The Chinese Yuan

The Stock Market Dances To The Music Of The Chinese Yuan


The Trumpster went to El Paso to pay his respects to the city he verbally abused when he tried to make his case to build a Southern border wall. Mr. Trump called El Paso a crime-infested nightmare back then. But in reality, El Paso is one of the safest cities in the country, according to the New York Times.

The mayor of El Paso tried to call Trump before he got on Air Force One and began shade-tweeting Texas Democrats. Trump said he was too busy to talk to the mayor, so she ghosted him when he finally had the guts to visit the hospital where some victims hang on to life.

Twenty 26 percent of El Paso voters wanted Trump to win the election in 2016. But the chances of him getting that many votes in 2020 are slim-to-none, according to the Washington Post.

Mitch McConnell told the press he can’t come back to Washington to address gun control legislation. Mitch enjoys to delay and then trashing Congressional bills. Congress sent Mitch two gun-control bills six months ago, and he put them on hold. McConnell doesn’t support background checks, and he won’t ban assault rifles thanks to his love for NRA support, according to the Post.

Mr. Trump said he might take a look at background checks, but he wants Social media sites to do more to identify possible shooters. Mr. Trump also told the press the country doesn’t have an appetite for banning assault rifles even though the latest poll shows more than 60 percent of the population wants them banned.

Russian President Putin thinks General Bone Spurs wants to put updated missiles in Europe and Asia. Mr. Putin told Trump he would match him missile for missile, but he would put them in places like Cuba and Venezuela. Putin also told Trump not to worry about devaluing the dollar. Putin has a plan to use euros instead of dollars to trade with other countries. China plans to circumvent Trump’s sanctions when they buy their next shipment of oil from Iran.

Wall Street knows the trade war is bad for business. When the Chinese devalued the yuan to show Trump they are ready to empty his deep economic pockets, the Trumpster cried currency manipulation. China calls the yuan a tariff buster. The Chinese know Trump’s tariff war will throw the world into a recession by the first quarter of 2020, according to the Chinese news agency.