Good god. We’re so fucked.
With the Dow down 500+ points…A major warning about corporate earnings from @WhiteHouseCEA who just told me “a heck of a lot of U.S. companies that have sales in China are going to be watching their earnings being downgraded…until we get a deal with China.” WATCH: pic.twitter.com/JiClOpaHso
— Poppy Harlow (@PoppyHarlowCNN) January 3, 2019
Trump economic adviser says “a heck of a lot” of U.S. companies are going to see reductions in their earnings because of Trump’s hard line on China — but he suggests that’s a good thing, since “that puts a lot of pressure on China to make a deal.” https://t.co/1FJNJ4f7Sj
— Daniel Dale (@ddale8) January 3, 2019