Stock market down
Idiot with orange face and combover along with tariffs causes 3% drop in portfolio
Discuss
Comments
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It's transitory.
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The problem is orangeman is open to the possibility of a recession, investors know it, bad slide, how to change?
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Drop the stock market, pump the bond market, Fed drops rates, refinance the debt.
This is the way.
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don't you think there is a small chance these tariffs are the cause, and they are fucking stupid? He's on the way to tanking the economy to prove some crackpot point. Also, the stock market is plummeting on only the perceived Canada/Mexico a lot of the tariffs are on hold again. If 100% invoked it will nosedive
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This isn't exactly new information ….
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the stock market crashing is only good when Trump does it.
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The main problem is the idiot wants it to be like the glory rust belt days suddenly returning with tariffs. The whole thing is crackpot at the same level as Kennedy jr
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Buying opportunity... but yes Trump needs to get his shit together with these tarrifs putting them on then holding them back is not a good look despite what his cheerleaders are saying here... he has been great everywhere else though.
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Nothing can be done! We need to just let other countries force us to finance and protect them through tariffs and open economic borders to our own country! Then we need to spend trillions protecting those same countries militarily. Pay for 40% of the UN's cost, spend billions on their wars, let them steal our technology and inventions and then let them turn around and sell it to us at undercut prices while they don't allow us to sell our products into their countries. Invent new drugs and chemistry that saves lives and sell it cheaper in foreign countries, tariff free, while American citizens pay for the invention at higher prices.
Yeah, nothing can be done and damn Trump for correcting a bad situation for the American consumer! We SHOULD be paying tariffs when our neighbors aren't. We should allow foreign countries to protect their markets when we don't!
I know the lefts voters aren't all that bright and their leaders are telling them to go out and bitch about a momentary stock market drop, but one has to be not only stupid and dependent but also anti American to not want to correct the wrongs and then use the cause to hurt a political opponent. This is just another example of liberals putting politics above people and country.
Bye the way, I don't remember hearing a peep from these liberal ass hats when bidens disastrous fiscal policies and money printing was killing the middle class with inflation. Fucking dishonest hypocrites.
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Either CWU breeds a special kind of elitism, or you really don't get it.
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They are trying to rebuild the economy to solve this problem. (Also highlighted in the Chamath tweet from my link above — Main St v Wall St.) Historically a fight championed by the left and Democrats. If you were paying attention, they were both declaring, since before the election, the process would be bad for the market in the short term. All of this isn't new news. Really.
LIPO.
