wall street unlike any of his predecessors. jay carney, former press secretary to barack obama, tweeted today that they never spoke about the stock market. that s a slight exaggeration. they did once in a while, but it was very rare. obama and the presidents that came before him would do this infrequently because they knew of the dangers. they knew they could have an image like this today. the president in ohio giving a speech about the economic benefits of their tax cut, and while he s talking, msnbc and the other cable networks put the graphic up in the corner that shows the dow plummeting as the president s speaking. that is a nightmare image for any white house, but particularly for one that has wedded itself to the markets like this one. stephanie, it steeeems like brian, we should point out that president trump does have some experience in the markets. his company trump brand did issue debt bonds years ago, and it was an absolute disaster. and while he is flanked by steve
were knocking down some of the barriers to business growing. he was the business? that s right. he was the art of the deal business guy. he would both woeboast at ti that he understood why the markets would boom once he got in the office. we would hear it at the white house where he would tie himself to the fortunes of the market unlike any of his predecessors. a former press secretary to barack obama tweeted today that they never spoke about the stock market. that s a slight exaggeration. they did once in a while, but it was very rare. obama and the presidents that came before him did it infrequently. they knew of the dangers. they knew they could have an image like today. the president in ohio giving a speech about the economic benefits of their tax cut, and while he s talking msnbc and the other cable networks puts the graphic up in the corner that shows the dow plummeting as the
he was the business? that s right. he was the art of the deal business guy. he would both boast at times that he understood why the markets would boom once he got in the office. we would hear it at the white house where he would tie himself to the fortunes of the market unlike any of his predecessors. a former press secretary to barack obama tweeted today that they never spoke about the stock market. that s a slight exaggeration. they did once in a while, but it was very rare. obama and the presidents that came before him did it infrequently. they knew of the dangers. they knew they could have an image like today. the president in ohio giving a speech about the economic benefits of their tax cut, and while he s talking msnbc and the other cable networks puts the graphic up in the corner that shows the dow plummeting as the president is speaking. that s a nightmare image for any white house and particularly for one that has wedded itself to the markets like this one. we should p
small towns. and we will remember them. and there are 7 million waush washingtonians embrace them. reporter: four other firefighters injured, one critically. across the west, a million acres have already burned. oregon governor kate brown met with firefighters battling a blaze close to 50,000 acres. 36 homes were destroyed. a tragic scene playing out across the west with no end in sight. still to come, donald trump s answer about his military advisers as critics asking questions, hear how trump is responding ahead. this is your cnbc market wrap. stocks tumble on worries about global growth and rising rates. the dow plummeting 358 points. the s&p sliding by 43. both indexes have their worst day of the year. the nasdaq dropping a whopping 141 points. shares of hewlett-packard are
stick around. i m here with your cnbc market wrap. stacks slid across the board in monday s session, the dow plummeting 331 points s&p down 37, and the nasdaq ends down by 74 points. steep decline in crude oil one of the reasons for today s sell-off. oil prices falling beloaned $50 a barrel intraday before settling down 5%. prices were down 46% in 2014. and lower fuel costs helping boost auto sales. gm says december was a blockbuster. we re first in business worldwide. music .the getaway vehicle!