Trump crashes the stock market

Cypress · Mar 4, 2025

Dow falls 800 points as Trump’s tariffs threaten a dangerous trade war

US stocks tanked Tuesday morning after President Donald Trump made good on his threat to levy tariffs on Canada and Mexico, paving the way for a global trade war as leaders of both trading partners threatened retaliation.

The hefty tariffs imposed by the Trump administration could contribute to a crash in the global economy, similar to the Great Depression of the 1930s, said Andrew Wilson, the deputy secretary-general of the International Chamber of Commerce, according to the Wall Street Journal.

https://www.cnn.com/2025/03/04/economy/global-markets-trump-tariffs/index.html

LurchAddams · Mar 4, 2025

This might be the thing that turns the billionaire class against trump. It's all well and fun until someone loses billions.

Dutch Uncle · Mar 4, 2025

Cypress said:
Dow falls 800 points as Trump’s tariffs threaten a dangerous trade war
US stocks tanked Tuesday morning after President Donald Trump made good on his threat to levy tariffs on Canada and Mexico, paving the way for a global trade war as leaders of both trading partners threatened retaliation.

The hefty tariffs imposed by the Trump administration could contribute to a crash in the global economy, similar to the Great Depression of the 1930s, said Andrew Wilson, the deputy secretary-general of the International Chamber of Commerce, according to the Wall Street Journal.

https://www.cnn.com/2025/03/04/economy/global-markets-trump-tariffs/index.html

I doubt the Oligarchs will be happy with this for long much less middle and lower income Americans.

Diogenes · Mar 4, 2025

BartenderElite · Mar 4, 2025

Gotta be Biden's fault.

Dutch Uncle · Mar 4, 2025

LurchAddams said:
This might be the thing that turns the billionaire class against trump. It's all well and fun until someone loses billions.

Agreed. It's been reported that Warren Buffet has moved his investment into a cash position.

https://www.cnn.com/2025/03/03/business/warren-buffett-tariffs-trump/index.html

Buffett, whose every word is watched closely by investors, drew attention over the past year due to a growing cash pile at Berkshire Hathaway.

Berkshire amassed its cash and cash equivalents to a record $334.2 billion in the fourth quarter, up from $167.6 billion the year prior. Berkshire added to its cash position while selling stock in blue-chip companies like Apple (AAPL) and Bank of America (BAC), raising questions about his thoughts on the US market.

Berkshire’s operating earnings in the fourth quarter surged to a record, and both its class A shares (BRK.A) and class B shares (BRK.B) closed at a record high just last week. Buffett said most of the money he manages will always be in the United States.

“It’s the best place,” Buffett said. “I was lucky to be born here.”

Dutch Uncle · Mar 4, 2025

BartenderElite said:
Gotta be Biden's fault.

The Orange Jesus will both blame the Democrats, including Biden, and try to placate MAGAts with something like "this takes time" along with his patronizing claim that the pain felt by most Americans will be worth it.

Trump says Americans could feel 'some pain' from tariffs as he threatens more import taxes

President Donald Trump says Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada, Mexico and China.

apnews.com

By following through on his tariffs campaign pledge, Trump may also have simultaneously broken his promise to voters in last year’s election that his administration could quickly reduce inflation. That means the same frustration he is facing from other nations might also spread domestically to consumers and businesses.

“WILL THERE BE SOME PAIN? YES, MAYBE (AND MAYBE NOT!),” Trump said in a social media post. “BUT WE WILL MAKE AMERICA GREAT AGAIN, AND IT WILL ALL BE WORTH THE PRICE THAT MUST BE PAID.”

Cypress · Mar 4, 2025

LurchAddams said:
This might be the thing that turns the billionaire class against trump. It's all well and fun until someone loses billions.

It was also said that Russian oligarchs would restrain Putin.
American billionaires worked hard to put Trump in office, I can't see them turning on him this soon.

Dutch Uncle · Mar 4, 2025

Cypress said:
It was also said that Russian oligarchs would restrain Putin.
American billionaires worked hard to put Trump in office, I can't see them turning on him this soon.

If it hurts their bottom line, they will turn. OTOH, those close to Trump may have rearranged their portfolios in preparation for this.

Still, the millions of Americans who voted for him will not be so lucky. Many will say “I voted for Donald Trump. But this is not what I was expecting”

Cypress · Mar 4, 2025

Dutch Uncle said:
If it hurts their bottom line, they will turn. OTOH, those close to Trump may have rearranged their portfolios in preparation for this.

Still, the millions of Americans who voted for him will not be so lucky. Many will say “I voted for Donald Trump. But this is not what I was expecting”

Presidents usually get a honeymoon of several months, but Trump's honeymoon may be over.

Into the Night · Mar 4, 2025

Cypress said:
Dow falls 800 points as Trump’s tariffs threaten a dangerous trade war
US stocks tanked Tuesday morning after President Donald Trump made good on his threat to levy tariffs on Canada and Mexico, paving the way for a global trade war as leaders of both trading partners threatened retaliation.

The hefty tariffs imposed by the Trump administration could contribute to a crash in the global economy, similar to the Great Depression of the 1930s, said Andrew Wilson, the deputy secretary-general of the International Chamber of Commerce, according to the Wall Street Journal.

https://www.cnn.com/2025/03/04/economy/global-markets-trump-tariffs/index.html

That's not a stock market crash, Sybil.

Into the Night · Mar 4, 2025

LurchAddams said:
This might be the thing that turns the billionaire class against trump. It's all well and fun until someone loses billions.

There is no 'billionaire class', Lurchy. Illiteracy: Proper nouns are capitalized. Your lame attempt at class warfare isn't going to work.

Dutch Uncle · Mar 4, 2025

Cypress said:
Presidents usually get a honeymoon of several months, but Trump's honeymoon may be over.

Agreed. He killed it.

Into the Night · Mar 4, 2025

BartenderElite said:
Gotta be Biden's fault.

Biden doesn't control the stock market, moron.
Neither does Trump.

Biden DID, however, commit several acts of treason:
* giving weapons and supplies to the enemy in time of war.
* inviting invasion of the United States.
* calling for civil war against citizens of the United States.
* espionage.

Into the Night · Mar 4, 2025

Dutch Uncle said:
Agreed. It's been reported that Warren Buffet has moved his investment into a cash position.

https://www.cnn.com/2025/03/03/business/warren-buffett-tariffs-trump/index.html
Buffett, whose every word is watched closely by investors, drew attention over the past year due to a growing cash pile at Berkshire Hathaway.

Berkshire amassed its cash and cash equivalents to a record $334.2 billion in the fourth quarter, up from $167.6 billion the year prior. Berkshire added to its cash position while selling stock in blue-chip companies like Apple (AAPL) and Bank of America (BAC), raising questions about his thoughts on the US market.

Berkshire’s operating earnings in the fourth quarter surged to a record, and both its class A shares (BRK.A) and class B shares (BRK.B) closed at a record high just last week. Buffett said most of the money he manages will always be in the United States.

“It’s the best place,” Buffett said. “I was lucky to be born here.”

You are still hallucinating, Sybil.

Into the Night · Mar 4, 2025

Dutch Uncle said:
The Orange Jesus will both blame the Democrats, including Biden, and try to placate MAGAts with something like "this takes time" along with his patronizing claim that the pain felt by most Americans will be worth it.

Trump says Americans could feel 'some pain' from tariffs as he threatens more import taxes

President Donald Trump says Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada, Mexico and China.

apnews.com

By following through on his tariffs campaign pledge, Trump may also have simultaneously broken his promise to voters in last year’s election that his administration could quickly reduce inflation. That means the same frustration he is facing from other nations might also spread domestically to consumers and businesses.

“WILL THERE BE SOME PAIN? YES, MAYBE (AND MAYBE NOT!),” Trump said in a social media post. “BUT WE WILL MAKE AMERICA GREAT AGAIN, AND IT WILL ALL BE WORTH THE PRICE THAT MUST BE PAID.”

Inflation is already slowing, Sybil.

Into the Night · Mar 4, 2025

Cypress said:
It was also said that Russian oligarchs would restrain Putin.
American billionaires worked hard to put Trump in office, I can't see them turning on him this soon.

Ignoring history won't work, Sybil.

Into the Night · Mar 4, 2025

Cypress said:
Presidents usually get a honeymoon of several months, but Trump's honeymoon may be over.

You are still hallucinating, Sybil.

Stone · Mar 4, 2025

A Buying OPPORTUNITY !

archives · Mar 4, 2025

Cypress said:
Dow falls 800 points as Trump’s tariffs threaten a dangerous trade war
US stocks tanked Tuesday morning after President Donald Trump made good on his threat to levy tariffs on Canada and Mexico, paving the way for a global trade war as leaders of both trading partners threatened retaliation.

The hefty tariffs imposed by the Trump administration could contribute to a crash in the global economy, similar to the Great Depression of the 1930s, said Andrew Wilson, the deputy secretary-general of the International Chamber of Commerce, according to the Wall Street Journal.

https://www.cnn.com/2025/03/04/economy/global-markets-trump-tariffs/index.html

“Biden’s fault”

Trump crashes the stock market

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Dow falls 800 points as Trump’s tariffs threaten a dangerous trade war​

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Dow falls 800 points as Trump’s tariffs threaten a dangerous trade war​

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Dow falls 800 points as Trump’s tariffs threaten a dangerous trade war​

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Dow falls 800 points as Trump’s tariffs threaten a dangerous trade war​

Dow falls 800 points as Trump’s tariffs threaten a dangerous trade war

Dow falls 800 points as Trump’s tariffs threaten a dangerous trade war

Dow falls 800 points as Trump’s tariffs threaten a dangerous trade war

Dow falls 800 points as Trump’s tariffs threaten a dangerous trade war