Breaking News: Stocks erased losses suffered in the days after President Trump’s chaotic rollout of tariffs in early April, bolstered in part by a healthy report on the labor market.
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Remember, kids, the stock market is NOT the economy. It's welfare for rich people and corporations, that Govts have tied our savings to further enrich those rich people and corporations but we ignore that because they throw us some scraps to shut us up. Pretty sweet gig.
“Stocks have barely recovered since massively stupid economic decisions and it’s only because the American people have desperately held on jobs” —> fixed it for you 🙃
Tariff effects have yet to kick in; don't count your gains quite yet. It's going to be long, dreadful and completely unnecessary carnage brought on by Trump himself.
Losses erased, knowing it’s the index, but most stocks have not recovered or 401’s, Still lost trillions worldwide and damaged smaller countries greatly
I don’t agree. Check the daily chart. Bounce and volume into the 2 big earnings weeks. I expect a downward trend to begin next week. Recession by end of summer even if tariffs lifted completely. Damage irreversible to farming and tourism industries.
The fact that journalists aren't focused on Dozing Don's profound mental illness is a disservice to all of us. The guy is lost in a world of delusion, and completely divorced from reality. 😵💫
Jesus Christ, the markets have once again sucker on its metaphorical pacifier and soothed itself into that bling that Trump will actually lift the tariffs soon, haven't they?
They were taken aback by Trump doing what he ran on (tariffs) and they will be surprised again when those stay...
Pathetic.
“Still, despite the recent optimism and recovery, the S&P 500 is more than 7 percent below its recent high in mid-February. It has fallen about 5 percent since Mr. Trump’s inauguration in January.”
Erratic behaviour on the sharemarket? Where have I seen this before? What tariffs have actually been signed? The job gains are apparently more like 62,000.
Stocks erased SOME losses, but not all. The labor market reports weren't healthy, unless you mean not catastrophic. Plus, all numbers coming out of the federal government right now range from suspect to bogus. With no disrespect to people still left trying to tell truth. Doge will get to them soon.
And no one believes Trump will impose the tariffs for any significant duration. The Waffle House is jealous of Trump’s waffling. As soon as he looks bad Trump grovels…typical abuser behaviours.
In other news, President Trump will erase @nytimes.com editors from existence following his declaration of martial law, because press-hating fascists are impossible to appease.
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May 1: 41,317
-5%
They were taken aback by Trump doing what he ran on (tariffs) and they will be surprised again when those stay...
Pathetic.
It's almost like trading is not based on rational assessment of the data, but something else. Hmmmmm. What could that be?
One must be very naive to go long.