Tariff Man and his tariff plan cause market plunges

bambino's Avatar
Pittsburghs own, Stanley Druckenmiller, approves Trumps tarriffs.

https://x.com/apompliano/status/1908...419135409?s=42
bambino's Avatar
China has been hit much harder than the USA, not even close. They, and many other nations, have treated us unsustainably badly. We have been the dumb and helpless “whipping post,” but not any longer. We are bringing back jobs and businesses like never before. Already, more than FIVE TRILLION DOLLARS OF INVESTMENT, and rising fast! THIS IS AN ECONOMIC REVOLUTION, AND WE WILL WIN. HANG TOUGH, it won’t be easy, but the end result will be historic. We will, MAKE AMERICA GREAT AGAIN!!!
HDGristle's Avatar
I thought it was 6 trillion. Are they revising the estimates again or did they let DOGE count again?
bambino's Avatar
This is why Trump is crashing the market. It’s really not that hard to understand. Even for those who aren’t deep thinkers.

https://x.com/ashcryptoreal/status/1...440529955?s=42

Oh, this is an X link. It’s TDS approved!!!!!!!
HDGristle's Avatar
That's a pretty oversimplified view that ignores the tick tock factor. Thanks for sharing

https://www.thedailybeast.com/elon-m...d-goes-public/

Delicious

Also...

A crashing stock market is not part of an intentional strategy by PresidentDonald Trump, White House National Economic Council director Kevin Hassett toldABC’s “This Week”on Sunday. This came after Trump shared a link to avideoon his social media platform, Truth Social, which claimed the president was causing the markets to plummet on purpose as part of his broader economic plans.
https://www.cnbc.com/2025/04/06/kevi...-strategy.html

Someone's lying. We know that Trump agrees with anything that makes him seem smarter so my bet is on Hassett being straight with us and Trump lying as usual
bambino's Avatar
Trump knew if he imposed tariffs on virtually every country in the world the markets would tank. So he did it. So it was purposeful. No need to figure out who’s lying. Because it happened.
HDGristle's Avatar
Feels more like because he wanted to than because he has a plan.

Make sure u buy the dip, my dude
bambino's Avatar
Feels more like because he wanted to than because he has a plan.

Make sure u buy the dip, my dude Originally Posted by HDGristle
Already did. Silver slipped to under $30. Bought some Maples on Friday. Plus Theta and Theta Fuel are down too. I buy more this week.
The last time the market tanked it was called the great depression. Sounds like a smart idea to idiots I suppose.
I heard Trump in an interview say the markets will come back in spades. Which is the lie?
The last time the market tanked it was called the great depression. Sounds like a smart idea to idiots I suppose.
I heard Trump in an interview say the markets will come back in spades. Which is the lie?
HDGristle's Avatar
Pittsburghs own, Stanley Druckenmiller, approves Trumps tarriffs.

https://x.com/apompliano/status/1908...419135409?s=42 Originally Posted by bambino
He also said he opposes any tariffs over 10% and has reiterated that.
bambino's Avatar
He actually said he opposes any tariffs over 10% Originally Posted by HDGristle
He said it was the better of two evils.
HDGristle's Avatar
"As long as we stay in the 10% range, ...I think the risks [from tariffs] are overblown relative to the rewards, the rewards on high, it's more like they're the lesser of two evils.
Alas, we are above 10%. Which is why he reiterated his opposition. The whole story matters
bambino's Avatar
Alas, we are above 10%. Which is why he reiterated his opposition. The whole story matters Originally Posted by HDGristle
Yeah well, several countries have already said the will go to zero tariffs if Trump does the same. So it will heading to 10% sooner rather than later.
bambino's Avatar