Wall Street In Turmoil As Dow Jones Plummets 1,150 Points – Its Largest Single-Day Drop Ever

Wall Street In Turmoil As Dow Jones Plummets 1,150 Points – Its Largest Single-Day Drop Ever
US stocks plunged during a highly volatile day of Wall Street trading with the Dow Jones falling by more than 1,150 points, erasing all the gains it has made for the year.

At the end of a rollercoaster day, the Dow Jones Industrial Average fell by 1,175.21 points, or 4.6%, to 24,345.75.

At one point, the Dow fell 6.3 percent or 1,597 points, as it breached both the 25,000 and 24,000 levels during trading.

Fears of interest rate rises in the US in an effort to keep inflation under control  are making markets nervous.

The S&P 500 and Nasdaq indices, both key benchmarks of Wall Street, were also down considerably.

Stocks close down more than 4 percent, the biggest drop since 2011; Dow falls 1,179 points t.co/QawhgmQuSMpic.twitter.com/BT7WIOkHw3
The decline followed months of market increases, which had fuelled concerns that share prices were over valued.

The Dow’s biggest point loss until now was a 777-point drop in the global economic crisis of September 2008.

The stock market has climbed to record peaks since President Donald Trump’s election and remains up 23.8% since his victory.

Unlike many if his predecessors, Trump has frequently touted the rise of the stock market during his presidency.

As the stock market fell on Monday, the White House said the fundamentals of the US economy are strong.

London’s main share index, the FTSE 100, had earlier closed down 1.46%, and the biggest markets in Asia fell between 1% and 2.5%.

Many investors have been bracing fora backdraft for months, as the stock market has reached record high after record high with investors encouraged by solid economic data and prospects of corporate profits, the latter bolstered by recently passed tax cuts.

Friday’s January jobs report sparked worries over inflation and a surge in bond yields, as well as concerns that the Federal Reserve will raise rates at a faster pace than expected.

www.huffingtonpost.co.uk/entry/wall-streetd-down-points-ever_uk_5a78c27ae4b00f94fe94062e

Trump Accuses ‘Un-American’ Democrats of ‘Treason’ for Not Clapping During His State of the Union Address

Trump Accuses ‘Un-American’ Democrats of ‘Treason’ for Not Clapping During His State of the Union Address
trump treason

Donald Trump, whose campaign is under investigation for colluding with Russia during the 2016 election, accused Democrats of “treasonous” behavior for not clapping during his State of the Union address.

“You have the [Democrats] – even on positive news…they were like death. And un-American. Somebody said ‘treasonous.’ I mean, yeah, I guess. Why not? Can we call that treason? Why not?”

Trump likens the reaction of Democrats during State of the Union to “treason,” says it’s “un-American.” (via ABC) pic.twitter.com/cdOhzVVAel

— Kyle Griffin (@kylegriffin1) February 5, 2018

No. Treason is colluding with Russians to win an election.

Earlier, in the spit take tweet of the day, Trump followed up his attacks on Congressman Adam Schiff by piling praise on “Great American Hero” Rep. Devin Nunes (above, right), who prepared the GOP memo which Trump wrongly declared “totally vindicates” him in the Russia investigation.

Tweeted Trump: “Representative Devin Nunes, a man of tremendous courage and grit, may someday be recognized as a Great American Hero for what he has exposed and what he has had to endure!”

Representative Devin Nunes, a man of tremendous courage and grit, may someday be recognized as a Great American Hero for what he has exposed and what he has had to endure!

— Donald J. Trump (@realDonaldTrump) February 5, 2018

Trump also attacked Nunes’ fellow House Intel Committee member Schiff.

Tweeted Trump: “Little Adam Schiff, who is desperate to run for higher office, is one of the biggest liars and leakers in Washington, right up there with Comey, Warner, Brennan and Clapper! Adam leaves closed committee hearings to illegally leak confidential information. Must be stopped!”

Little Adam Schiff, who is desperate to run for higher office, is one of the biggest liars and leakers in Washington, right up there with Comey, Warner, Brennan and Clapper! Adam leaves closed committee hearings to illegally leak confidential information. Must be stopped!

— Donald J. Trump (@realDonaldTrump) February 5, 2018

Schiff has consistently called out the nonsense tactics of the House Intel Committee Chair Devin Nunes (R-CA), so it makes sense Trump would come for him.

Schiff responded on Twitter: ‘Mr. President, I see you’ve had a busy morning of “Executive Time.” Instead of tweeting false smears, the American people would appreciate it if you turned off the TV and helped solve the funding crisis, protected Dreamers or…really anything else.’

Mr. President, I see you’ve had a busy morning of “Executive Time.” Instead of tweeting false smears, the American people would appreciate it if you turned off the TV and helped solve the funding crisis, protected Dreamers or…really anything else. t.co/lVqQRu2Gjl

— Adam Schiff (@RepAdamSchiff) February 5, 2018

Schiff rebutted Trump’s claim over the weekend that the Nunes memo “totally vindicates” him in the Russia investigation.

Said Schiff to George Stephanopoulos on ABC News’ This Week: “Of course not at all. What the memo indicates is the investigation didn’t begin with Carter Page, it actually began with George Papadopoulos, someone who was a foreign policy adviser for candidate Trump and someone who was meeting secretly with the Russians and talking about the stolen Clinton e-mails. So quite to the contrary, even this very flawed memo demonstrates what the origin of the investigation was and that origin involved the issue of collusion.”

Trump also praised state TV news channel: “Thank you to @foxandfriends for exposing the truth. Perhaps that’s why your ratings are soooo much better than your untruthful competition!”

Thank you to @foxandfriends for exposing the truth. Perhaps that’s why your ratings are soooo much better than your untruthful competition!

— Donald J. Trump (@realDonaldTrump) February 5, 2018

And attacked the Democrats on healthcare: “The Democrats are pushing for Universal HealthCare while thousands of people are marching in the UK because their U system is going broke and not working. Dems want to greatly raise taxes for really bad and non-personal medical care. No thanks!”

The Democrats are pushing for Universal HealthCare while thousands of people are marching in the UK because their U system is going broke and not working. Dems want to greatly raise taxes for really bad and non-personal medical care. No thanks!

— Donald J. Trump (@realDonaldTrump) February 5, 2018

The post Trump Accuses ‘Un-American’ Democrats of ‘Treason’ for Not Clapping During His State of the Union Address appeared first on Towleroad.


Trump Accuses ‘Un-American’ Democrats of ‘Treason’ for Not Clapping During His State of the Union Address

Trump lobt im TV seine Steuer-Reform – plötzlich bricht der Dow Jones ein

Trump lobt im TV seine Steuer-Reform – plötzlich bricht der Dow Jones ein
Donald Trump jauchzt, die Börse crasht.

  • Die US-Börse hat einen historischen Einknick erlebt
  • Ausgerechnet als US-Präsident Trump seine Steuerpolitik pries, brach Panik am Markt aus

“Wir haben richtig was geschafft”, jubelt US-Präsident Donald Trump. Die Menschen hinter ihm tragen Bart und Kappe, manche von ihnen mit “Make America Great Again”-Schriftzug. Sie applaudieren. 

Plötzlich schaltet der konservative Sender Fox News in der Live-Übertragung um. Für eine Sondermeldung. Donald Trump, der gerade im TV seine große Steuerreform anpreisen darf, wird zur Nebensache.

► Denn: Die US-Börse hat gerade einen historischen Abrutscher erlebt.

Der Sender @FoxNews unterbricht gerade die Liveübertragung einer Rede von Präsident #Trump, in der er den Effekt seiner Steuerreform auf die Börse rühmt, um als #BreakingNews über einen Kursrutsch des #DowJones zu berichten. @tagesschau@tagesthemen@Weltspiegel_ARDpic.twitter.com/5u7HANSEPH

— Jan Philipp Burgard (@JPBurgard) February 5, 2018

Der Investor Christian W. Röhl analysiert bei Twitter: Es war der größte Verlust binnen 5 Minuten, den der Dow Jones je erlitten hat.

Und so sieht das aus, wenn die Trading-Computer einfach mal ‘ne Runde freidrehen. #DowJones binnen 5 Minuten mit dem größten (Intraday-)Verlust der Historie… Vielleicht wär ‘ne globale #Finanztransaktionssteuer doch nicht so schlecht!? pic.twitter.com/h4ZOdDtMhy

— Christian W. Röhl (@CWRoehl) February 5, 2018

Wie kam es zu dem Abfall?

Zeitweise rutscht der Index gar um über 1500 Punkte ab. Das ist höchst ungewöhnlich. Das “Handelsblatt” spricht von einem “freien Fall”.

Starke Konjunkturdaten heizen die Sorge an, dass die Zinsen schneller als erwartet steigen. Am 26. Januar hatte der Dow bei 26.616 Punkten noch ein Rekordhoch erreicht.

Nun fiel er kurzzeitig unter 24.000 Punkte.

Was hat das mit Trump zu tun?

Die “Zeit” analysiert, dass Trumps Steuergeschenke an Superreiche und die hohen Kreditaufnahmen der US-Regierung in Zeiten der guten Konjunktur höchst problematisch sein können.

Denn: Viele Unternehmen haben bereits Schwierigkeiten, offene Stellen zu besetzen. Es drohen Lohnsteigerungen. Die wiederum werden die Preise in die Höhe treiben, die Inflation steigt.

“Darauf dürfte die Notenbank mit höheren Zinsen reagieren – und höhere Zinsen sind Gift für die Börsen”, beschreibt die “Zeit” das Dilemma. Durch Donald Trumps konjunkturpolitisch “extrem schlecht getimtes milliardenschweres Steuergeschenk” steige das Risiko einer ungeordneten Kurskorrektur.

► ”Es ist nicht mehr auszuschließen, dass der Crash kommt”, so die “Zeit” am Montagmorgen.

Vielleicht hat er heute Abend bereits begonnen. Ausgerechnet, als Trump sich für seine Steuerpolitik feiern lassen will.

Skurrile Situation: In den USA rauscht der Dow Jones grad richtig massiv ins Minus. Zeitgleich lässt sich Donald Trump für seine Tax Reform feiern. pic.twitter.com/rbycwXUmTS

— Martin Hoffmann (@martinhoffmann) February 5, 2018

www.huffingtonpost.de/entry/trump-lobt-im-tv-seine-steuer-reform-plotzlich-bricht-der-dow-jones-ein_de_5a78c10fe4b00f94fe9403b6

稲垣&香取、テレビCMに復活「生きてるーーーー!」と絶叫

稲垣&香取、テレビCMに復活「生きてるーーーー!」と絶叫

ジャニーズ事務所を離れた稲垣吾郎と香取慎吾が独立後、初めて出演するテレビCMが、2月10日から放映される。

SMAP解散後、立ち上がった草なぎ剛と3人による「新しい地図」。彼らは「逃げよう。自分を縛りつけるものから」という意味深なメッセージをネット上に公開し、活動を始めた。

昨年11月にはインターネットテレビ局「Abema TV」で72時間の生放送番組に挑戦。SNSでの情報発信を始めるなど、ジャニーズ時代とはひと味違う活躍を見せている。

その2人が、ついにテレビCMに戻ってきた。

サントリーのノンアルコールビールのCMで、2人は青空に向かって「生きてるーーーーーーーーーー!」と絶叫。大空に向かって、翼を大きく広げている。そこには、どんな思いが込められているのか。

CMは、足早に歩く通勤スタイルの人々の間を縫って、稲垣・香取が颯爽と歩くシーンから始まる。

人混みを抜け、階段を上がって、開放感のあるビルの屋上に着いた2人はノンアルコールビールをぐいっと一飲み。笑顔で「ぷはーっ」と声をあげると、背中にばさっと翼が広がる、という展開だ。

「生まれ変わった僕らの気持ち」

ビルの階段を駆け上るシーンでは、監督から「25歳に戻ったつもりで勢いよく」と指示を受けていたという。

香取が「吾郎ちゃんは、2回NGを出しました」と明かすと、稲垣は「階段がちょっと滑るんですよ。朝露があって」と釈明しながら、「25歳の気持ちでフレッシュに 生まれ変わった僕らの気持ちを合わせてやりました」と思いを語った。

「前に向かって突き進んでいく」

2人は、今回のCMの見どころについて以下のように話した。

「前に向かって突き進んでいく」

SMAP解散後、「新しい地図」として芸能活動を続けている2人。インターネットテレビ局「Abema TV」で72時間の生放送番組に挑戦したり、SNSを通じて情報発信したりと、活躍の幅を広げている。

ついにテレビCMに戻ってきた2人は、今回のCMの見どころについて以下のように話した。

(稲垣吾郎)この2ショットっていうのもなかなかないし、最近ちょっと仲がいいという噂もあるので ちょっと新鮮な二人ですし、前に向かって突き進んでいくカッコイイ感じのCMになっていると思い ます。

(香取慎吾)ここまで年齢を積み重ねて新しいことを始めようという二人が、「オールフリー」ととも に、監督の「25歳の気持ちで」という指示のもと階段を駆け上がるところが見どころです。

▼CM撮影を振り返るインタビュー動画

サントリーが2人に託した思い

中身やパッケージを大幅にリニューアルした本商品のCMに、2人を器用した理由について、サントリーは2人の”チャレンジ”に触れながら以下のようにコメントしていた。

稲垣さんと香取さんは、9月22日(金)に公式ファンサイト「新しい地図」を立ち上げ、今注目を集めている2人です。

『逃げよう。自分を縛りつけるものから。ボーダーを超えよう。塗り替えていこう。 自由と平和を愛し、武器は、アイデアと愛嬌。バカにされたっていい。心をこめて、心を打つ。さあ、 風通しよくいこう。私たちは、新しい地図』をコンセプトとして新たな一歩を踏み出しました。

当社は、今回中味・パッケージともに大刷新して新たな一歩を踏み出す「オールフリー」の圧倒的なおいしさをお伝えいただくメッセンジャーとして、稲垣さんと香取さんが最適と考えました。

40歳を越えた稲垣・香取が「新しさ」や「革新」の象徴として起用された。今後のシリーズにも期待が高まる。

▼CM撮影のメイキングをチェックしたい方はこちら。

www.huffingtonpost.jp/2018/02/05/inagaki-katori-cm_a_23352875/

May’s Post-Brexit Customs Partnership Plan Is ‘Unrealistic’, EU Officials Warn

May’s Post-Brexit Customs Partnership Plan Is ‘Unrealistic’, EU Officials Warn
Brussels officials have dismissed Theresa May’s latest plan for a customs ‘partnership’ with the EU as “unrealistic” and warned that time is running out for her government to reveal what kind of Brexit it wants.

As EU negotiator Michel Barnier declared barriers to trade would be ‘unavoidable’ if Britain left the EU customs union, senior officials told HuffPost UK that they were still waiting for clarity and precision from the UK.

And they warned that May’s plan to treat new and existing EU migrants differently during a transition period would also be illegal under European law.

On a visit to London, Barnier told the Prime Minister and Brexit Secretary David Davis that he urgently wanted detail on Britain’s plans before the next European summit in March.

Just hours after the meeting Barnier also tweeted that “when the UK leaves the single market, the financial passport is gone” – his most stark warning yet that the City of London will suffer when Brexit kicks in for real in 2020.

Downing Street has in recent days delighted Eurosceptic MPs by declaring clearly for the first time that no kind of ‘customs union’ would be acceptable to the UK.

Brexiteers like International Trade Secretary Liam Fox have won their battle to rule out any replication of the customs union, arguing that it would make it impossible to sign new trade deals with non-EU states.

One alternative proposed by the British Government is a new customs “partnership” which would continue trade without the need for border checks, thanks to a complicated new ‘dual tariff’ system for goods.

But a senior EU official was swift to point out the plan was impractical and would add a regulatory burden to EU business and all its external borders. “The option is unrealistic,” a senior EU official said.

In a clear signal of the hard line taken in Brussels on behalf of the other 27 EU nations, May’s other firm line on migrants was also thrown into doubt.

Some campaigners have claimed that up to two million migrants could head to the UK during the two-year transition period before the country formally severs its existing ties with the EU.

The PM said in China last week that those who arrived after March 2019 would have to be treated differently from their predecessors “because they will be coming to a UK that they know will be outside the EU”.

However, HuffPost understands that European Commission officials believe that there can be no deviation from its ‘acquis’ – a common body of rights and laws binding on all member states – on citizens’ rights during any transition period.

The next, crucial phase of Brexit talks between the UK and the EU begin this week.

On Wednesday, the EU27 are set to present a legal text of the withdrawal agreement, while on Friday the UK is due to make a presentation in Brussels of what it wants from the ‘future relationship’ after any transition.

Speaking in Downing Street, Barnier said the “time had come” for the UK to choose what it wanted after its 2019 exit.

“The only thing I can say, without a customs union and outside the single market, barriers to trade in goods and services are unavoidable. The time has come to make a choice,” he added.

But Brexit Secretary David Davis said the UK’s position was “perfectly clear”.

The UK wanted a free trade deal with the EU but also the freedom to strike deals with other countries, where trade opportunities were growing.

“There’s no doubt about it. We are leaving the customs union but we are aiming for a good future for Britain,” Davis said.

www.huffingtonpost.co.uk/entry/mays-post-brexit-customs-partnership-is-unrealistic-eu-officials-warn-michel-barnier-migrants-plan-illegal_uk_5a78b771e4b00f94fe93f86c