Breaking News: Stocks slumped as President Trump’s attacks on Jerome Powell, the chair of the Federal Reserve, added to investors’ concerns about the economy. The S&P 500 fell 2.4%.
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Remember when Republicans wanted to wean Americans off Social Security and onto 401Ks because the stock market would always be a solid investment. In fact, in Pennsylvania, Republicans did that with pensions for new employees. Oh, the pain.
This is a course correction. The stock market is inflated along with the housing market since Covid. Historically, this rate of growth is unprecedented and always was. The bubble for both must pop.
Even if Trump tries & fails to fire Fed chair Powell, he only has a year before his term ends and Trump picks his successor. People don't realize the stabilizing force the Fed plays and the shit show that Trump will unleash on the economy then--as bad or worse than the tarrif tornado.
You know, I don't mind getting on a roller coaster, but this type of roller coaster is way beyond anything I could ever get comfortable with. What a brutal start to Trump's presidency. Wake me up in November 2028
This is what happens when we have a felon in Chief, who has bankrupted numerous businesses, and is completely unreliable. Everybody sees it except the MAGA cult. Now the economy is suffering
This piece SHOULD be titled:
Breaking News:
Congressional Republicans stay silent and enable President Trump’s attacks on Jerome Powell, the chair of the Federal Reserve, added to investors’ concerns about the economy. The S&P 500 fell 2.4%.
Funny: US stock markets and medias rely on Trump to justify the drop of all US indices: « because he threatens to fire Powell » while the drop is actually due to China who does not bend the knee, quite the contrary…😑
Donald Trump’s attempt to fire the Chairman of the Federal Reserve is clearly illegal. Trump routinely ignores the Constitution, the law and the courts. He has empowered Republican Fascists to break the law to protect his ongoing criminal acts. Trump must be impeached, prosecuted, and imprisoned.
Every time this despicable so called human opens his vile pie hole everything turns to💩💩…"King Midas in reverse" where instead of everything the FOTUS touches turning to gold, its worthless or undesirable, essentially signifying the FOTUS brings misfortune or negativity to anything he interacts with
Trump 2025: Everyone will feel the pain of tariffs, but do not worry — soon you will be making 28 cents an hour in a sweatshop without the burden of pesky union dues.
Ian Malcolm: [to the security camera in the tour car] Ah, now eventually you do plan to have some actual great things on your, on your ‘Make America Great’ tour, right? Hello?
Trump wakes up on Monday ready for a full week of stupid comments and bad decisions. Friday cannot come fast enough for the American people. At least Jethro Vance is off playing global dunce for the week.
What would one suppose Vladdy would be doing if he wanted to destroy America?
Maybe destroying the economy and choosing the most incompetent slugs available for sensitive National Security positions…???
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BYD +1%
This is going well.
This piece SHOULD be titled:
Breaking News:
Congressional Republicans stay silent and enable President Trump’s attacks on Jerome Powell, the chair of the Federal Reserve, added to investors’ concerns about the economy. The S&P 500 fell 2.4%.
I hope they drop this storyline next season, there are really more interesting ways for the antagonists to threaten doom than this
Making the rich richer. Making #america weak.
#powell doing his best to make #america stable, prosperous and investable.
https://www.cnbc.com/2025/04/20/stock-market-today-live-updates.html
Now that’s all over.
Something to think about when your alarm goes off to go to work tomorrow morning
The promise of America was if you work all your life and pay taxes and invest your money, you’ll have enough to not die in poverty
Now that’s all over.
Something to think about when your alarm goes off to go to work tomorrow morning
This will mean that we won’t be able to borrow like in the past, while Congress is trying to add $7T to the debt
The world has subsidized our way of life for way too long and now it’s all crashing down
Otherwise likely not.
Maybe destroying the economy and choosing the most incompetent slugs available for sensitive National Security positions…???