Markets Stage One of Worst Christmas Eves Ever, Closing Down More Than 600 Points as Trump Blames Fed for Stock Losses in a Tweet

THE WASHINGTON POST: The Dow Jones industrial average followed its worst week in a decade with a 653-point drop Monday, and President Trump once again took to Twitter to interject himself into financial markets.

As blue chips sank even deeper into the red after weeks of chaos, Trump tried to assign sole blame for the sell-off to the Federal Reserve, likening the central bank to a golfer who “can’t putt.”

“The only problem our economy has is the Fed,” the president said in a tweet. “They don’t have a feel for the Market, they don’t understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders. The Fed is like a powerful golfer who can’t score because he has no touch — he can’t putt! » | Thomas Heath & Philip Rucker | Monday, December 24, 2018