NEW YORK - President Donald Trump’s tariffs have spooked investors, with fears of an economic downturn driving a stock market sell-off that has wiped out US$4 trillion (S$5.3 trillion) from the S&P 500’s peak last month, when Wall Street was cheering much of Mr Trump’s agenda.
Holy s***. If you have money in that Jones Trading company, you’re getting played, my friend. They would allow themselves to be quoted saying that no one expected that things might not go smoothly? It’s their job to plan for such things. The rest of us all expected things to go downhill, so what the heck were they doing?