It's possible the markets have decided to get off the Tariffs or No Tariffs Roller Coaster and just assume he's tanking the economy unless he can credibly (your guess is as good as mine) show otherwise.
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He and his crew were probably engaging in massive insider trading. "We're doing tarrffs tomorrow!" Market tanks. Trump, Elon, baron buy a bunch of cheap stocks. "Just kidding!" market goes up. They sell and repeat next month
Markets are fed up - and wait until April 2, when the market will really plunge on his "reciprocal" tariffs. Considering how he's blundered with CAN/MEX.. imagine the issues he'll face with other countries.. and if he tariffs oil producing countries, he is risking the US getting hit with an embargo.
Listen up everyone, my disable Veteran husband was just denied care for a serviced connected issue by a dermatologist in Las Cruces NM because the VA isn’t approving procedures anymore. Thank you trump and President musk.
Everything this effing idiot and his idiot cabinet does tanks the economy. Everything. Elon is a ketamine fueled hazard with a grandiose view of his capabilities. They are dangerous fools.
Daily News is kinda left/populist/Dem and NYP (Murdoch-owned) language seems to be blaming Zelenskyy more than Trump, so I wouldn't run with this screenshot yet.
I've personally exited about 20% of my holdings into cash. Which is like, VERY outside the norm for me. I'm a big "time in the market beats timing the market" guy and just let it ride forever because, in general, line go up.
This isn't a normal time though, I'm sure others feel the same
Trump is INTENTIONALLY TANKING THE ECONOMY!
MAY BE A PLAN TO ADD CRYPTO RESERVE AS A FEDERAL RESERVE SCAM PLOT? PLUS a Plan to tank it; buy lots of STOCK while low, then REMOVE TARIFFS As soon as they think timing is good for his MAFIA CREW? THEN HE COULD REPEAT SIMILAR TARIFFS LATER….
… THIS Is NOT WORKING WELL: CHINA ( Xi) Is Enraged: Canada, Mexico, All Of NATO, Ukraine, & EU Are Rejecting US In significant numbers! WE ARE IN BIG TROUBLE AT HOME & IN ALL RELATIONS WITH OUR ALLIES!
I HONESTLY BELIEVE THE REPUBLICANS SHOULD BE ELIMINATED! We DO NOT WANT A RUSSIAN /Putin FASCIST…
… COUP to Succeed. WE HAVE VERY LITTLE TIME TO STOP THIS COMPLETE BLITZKRIEG; WHICH HAS NOW GROWN OUT OF CONTROL. I HIGHLY RECOMMEND PREPARATIONS SHOULD BE MADE BY PRIVATE CITIZENS; IT APPEARS THE FEDS REMOVED CANNOT STOP THEM! We NEED SECURE COMM. Advise Start with Personal Contacts: Strategic…
Global capital is now flowing to other markets (see China, Germany) as investors have decided that investing in an unstable US equities environment is too risky. What is really concerning: How does the US's abandonment of its commitments effect the status of the US $ role as global reserve currency?
There are two possibilities to the flip flopping on tariffs that has been causing so much chaos in the markets. Either the trump administration has no fucking clue what they are doing or they are simply manipulating the markets for profit.
Either option will fuck up the economy in their own ways.
You know what, if he just destroyed his country that’s one thing ( not agreeing with that by any means) but he’s destroying world order and THAT I HAVE AN ISSUE WITH.
It could have been so much different if the wheels of justice turned faster and if the whole Republican party wasn’t beholden to a 34 felony count traitor.
The 78 year old convicted felon with dementia, doesn’t know how to govern the country. He’s a failed businessman. Don’t expect much from him. He’s a very unstable old man, who’s playing bullshit poker.
Curious what those close to him stock trades have looked like during the roller coaster. If you know what's coming it's easy to time it. Maybe this needs to be investigated
Worse, when the crash is sufficiently complete, & the jobless out of options except cashing in any stocks & 401Ks, the oligarchs will swoop in to purchase at rock-bottom prices. It should only take 9 months or so to reach that point.
The markets understand that the Federal Government provides tons of fuel to our economy. You shut that fuel supply off, the engine starts sputtering. That's with or without tariffs
It's almost like trump is using announcements of sweeping tariffs on major trading partners to manipulate the stockmarket.. I mean he's only been convicted of 34 felony counts of fraud.. anyone think he'd disrupt the world's stock markets just to do some insider trading?
Volatility is risk, and riskier assets require a higher return to justify holding them. Regardless of where Trump ends up, he undoubtedly will cause more uncertainty and markets will price that in.
Trump is doing things that tank the economy like a lotta NBA teams bench/trade players, and flat out lose on purpose to tank for the draft lottery… Only there is no lottery if he keeps this up. Just recession and possibly a depression (hopefully not). I cannot understand why they’re ok with this.
I feel like some of the jigsaw pattern here this week is just algorithmic trading based on historical patterns and not a real rollercoaster in sentiment
International markets are up. US markets are down. The constant tariff shuffle is causing this. Investors are tired of the bullshit. This is 100% Trump's fault, and the sycophant Republicans who say nothing.
I'd like to know what Congresspeople are doing with their portfolios. They are losing too.
Yahoo Finance : Treasury Secretary Scott Bessent said Thursday that "I am not worried about inflation" resulting from President Donald Trump’s new tariffs, although he did acknowledge "we could get a one-time price adjustment." THIS IS TONE DEAF. I mean, is he thinking about the American people ?
I saw Howard Lutnick's CNBC interview this morning and decided to move a good portion of my retirement fund into cash.
He's allegedly one of the smart ones (former CEO of CantorFitzgerald) and he sounded like a deranged cult member, going on about "audited fentanyl deaths"
What the markets crave is consistency and predictability. The tRump regime is like watching a monkey try to hump a football or a Giraffe on roller skates.
I think a bunch of people who thought they were making money actually lost a bunch of money because (surprise!) it turns out you can't believe anything that Trump or his goons say.
The billionaire class spent a lot of money buying shorts on the market. This is the deal Trump made to stay out of prison.
The Demi-Gods get to manipulate the markets to rake in corrupt cash by the truckload.
At a certain point the uncertainty becomes as much a problem as the tariffs themselves. How are you supposed to run a business if you don't know what the trade policy is going to be a month from now?
There is this proverb in my Country that says:
"In the first one everyone falls; in the second, whoever wants to falls; in the third, only fools fall.". 1st part was in Trump’s 1st term. I believe most countries will not go to the 2nd part.
They know that in a month the tariffs will be back on... so the rot has already set in. Nothing he does now will reverse the tanking. The sensible money is getting out quick before it gets worse - much much much worse.
(Also, they know 100's of thousands will be fired from gvt...
...and the social security cuts will impact spending no matter what happens on tariffs so they can see a full blown depression is on the way. Musk is destroying the economy and Trump won't stop him. The US is fucked. Time to bail.)
I am a buy and hold person. But we just happened to be reallocating and have a lot of cash. Gonna sit on it. If things stabilize, I’ll start reinvesting. Otherwise I have no idea because cash isn’t necessarily great either. It’s earning around 4% at least for now. 🤷♀️
Many years back, I was in a startup that did the "dead cat bounce".
We're not there yet. There will be buying on the dips. Unless this administration does a 180 quickly, a market correction is on the table with recession right behind.
How long do they think the median goldfish-brained American voter is going to hold Biden responsible for what looks like a genuinely bad economy coming down the pike?
It seems the market's got there faster than the press did. It'll be amazing if they would adopt the stance that he is definitely lying unless objectively proven otherwise. To constantly give him the benefit of the doubt and to capitulate for access to the press room is disappointing and dangerous
Market instability is a great way to make money…especially if you know what’s coming. He did this last time when he was in office. He let the market rise and rose and then started manipulating it. It always shocked me how no one caught on.
The events of the last few weeks should wreck any remnants of market fundamentalism. If the markets were really so good at predicting the future and correcting issues they would just keep going down. They know they are crashing the economy. They have said as much.
And he will have plausible deniability by never actually having implemented or increased tariffs on anything. Just the daily back and forth is sufficient.
Some say it's his genius: he's forcing foreign companies to relocate in the U.S. to avoid tariffs thereby creating massive capital infusion and high-paying jobs! Of course, Biden's policies he's trying to end did the same thing without tanking the economy and causing global condemnation.
Two upcoming special elections in FL-1 & FL-6 on April 1 can create deadlock with 50-50 party split in House. Third special election in NY-21 can Flip the House Blue!
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a bad jobs report is bad all the way around.
Episode webpage: https://podcasters.spotify.com/pod/show/thesocialistprogram/episodes/Lenin-and-the-Path-to-Revolution-Part-1-e2imt54
Media file: https://anchor.fm/s/35d1dba4/podcast/play/85733988/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2024-3-22%2F59db84e1-a6a7-b372-afd6-bec991246e8b.mp3
YOU are not going to be winning.
Rich people who short stocks are winning.
Fake crypto is winning.
When all the agencies fail and become privately owned, the billionaires will win.
The markets don’t like uncertainty, imagine that.
This isn't a normal time though, I'm sure others feel the same
MAY BE A PLAN TO ADD CRYPTO RESERVE AS A FEDERAL RESERVE SCAM PLOT? PLUS a Plan to tank it; buy lots of STOCK while low, then REMOVE TARIFFS As soon as they think timing is good for his MAFIA CREW? THEN HE COULD REPEAT SIMILAR TARIFFS LATER….
I HONESTLY BELIEVE THE REPUBLICANS SHOULD BE ELIMINATED! We DO NOT WANT A RUSSIAN /Putin FASCIST…
Now the real question is, is it intentional?
The wealthy get fked too!
Either option will fuck up the economy in their own ways.
Assume the worst.
I mean, remember this?
Trump Steaks - launched May 2007, discontinued July 2007. Two months!
The markets got burnt by his insider-dealing trade on tariffs.
It’s always a scam or a deal with?convicted felon.
Evidence shows he doesn’t create jobs, fiscal responsibility or target an agreed global enemy.
I wonder if the global market have now said “sell USA” until he goes”?.
https://bsky.app/profile/andrew-ukraine.bsky.social/post/3ljqcus6ans25
https://www.youtube.com/watch?v=wvcDT02a1Ec&ab_channel=JenniferGomez
Tariffs on. Then tariffs off.
Trump’s flailing makes us scoff.
A circus now runs our town.
Led by the incompetent clown!
I'd like to know what Congresspeople are doing with their portfolios. They are losing too.
He's allegedly one of the smart ones (former CEO of CantorFitzgerald) and he sounded like a deranged cult member, going on about "audited fentanyl deaths"
I can't be the only one.
They don't know what the fuck they're doing.
A couple days of that and they were done.
The Demi-Gods get to manipulate the markets to rake in corrupt cash by the truckload.
"In the first one everyone falls; in the second, whoever wants to falls; in the third, only fools fall.". 1st part was in Trump’s 1st term. I believe most countries will not go to the 2nd part.
Get
Interest
Rates
Down
For
Oligarchs.
Trump - "If Powell won't do it on his own, I will force him to..."
(Also, they know 100's of thousands will be fired from gvt...
We're not there yet. There will be buying on the dips. Unless this administration does a 180 quickly, a market correction is on the table with recession right behind.
"The money" will leave the US equities market.
🙇
https://bsky.app/profile/atrupar.com/post/3ljq257247h2f
They really think we are all idiots.
And yeah, I know some people think it’s that easy.
Two upcoming special elections in FL-1 & FL-6 on April 1 can create deadlock with 50-50 party split in House. Third special election in NY-21 can Flip the House Blue!
#FlipCongressBlue