Less than an hour after Trump once again paraded with yet another all-time high in the S&P…
Donald J. Trump
New Stock Market Record today, AGAIN. Congratulations USA!
4:09 PM – Nov 27, 2019
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… and on day 510 of the trade war, it appears the president was confident enough that a collapse in trade talks won’t drag stocks too far lower, and moments after futures reopened at 6pm, the White House said that Trump had signed the Hong Kong bill backing pro-democracy protesters, defying China and making sure that every trader’s Thanksgiving holiday was just ruined.
In a late Wednesday statement from the White House, Trump said that:
I signed these bills out of respect for President Xi, China, and the people of Hong Kong. They are being enacted in the hope that Leaders and Representatives of China and Hong Kong will be able to amicably settle their differences leading to long term peace and prosperity for all.