Stock Market Today: Dow down almost 800 points, S&P 500, Nasdaq tumble after Trump refuses to rule out recession
- Thread starter runkpanole
- Start date
Which is it, can the moron Trump control the stock market or not?
Wait for April. Unless we get another 30 day pause. That’s when the next slide will come.
They'll never blame Dear Leader.
If you check my post history, I’ve long said Presidents have little to no impact on things like eggs, gas, markets, etc. I said this consistently during Biden, and prior.
However, I agree with DFS’s post earlier, this may be the exception. Most of the time executive actions have a laggard impact, whereas Trump’s actions are having immediate impact.
However, I agree with DFS’s post earlier, this may be the exception. Most of the time executive actions have a laggard impact, whereas Trump’s actions are having immediate impact.
No clue, but I figure that is where I will start slowly buying back in, with the hopes that it continues down so my average looks even better.
I don’t know if that’s the best strategy or not, but it’s what I’m hoping for.
Eh. CPI came in a bit lower than expected. It’ll green candle a few days before Consumer Sentiment Friday.
Barring any tariff nonsense
I read this morning that Europe is planning on imposing duties on us to counteract what we're doing. Not sure if this is new news or if it is already built into the market.
EU targets €26 billion of U.S. products from red states in tariff pushback
The EU launched countermeasures against new U.S. metals tariffs, with plans to impose duties on US$28.3 billion worth of goods. Read more.
I think his goal is to get the experience of what it feels like to be a mob boss or a dictator, or as close as he can get to it.
There is no defense for this. He either:
1. Thinks tariffs are a good idea. Crazy
2. Intentionally is trying to derail the economy because stocks were over priced and he wanted to be in control of whatever narrative of a recovery there is.
1. Thinks tariffs are a good idea. Crazy
2. Intentionally is trying to derail the economy because stocks were over priced and he wanted to be in control of whatever narrative of a recovery there is.
Trump views himself as a master businessman and negotiator. Remember when he said trade wars are easy to win? He's mistakenly preached since his first term that imposing tariffs will be beneficial for middle class America. His massive ego and narcissism won't allow him to admit error. No one in his current administration has the courage to stand up to him and explain the truth.
The end goal in the MAGA mind is to prove Trump right even if he's not and it causes pain for all of us.
