Tomorrow could be another disaster.
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Rally fizzles as Trump imposes 104% tariffs on China
- Thread starter stinkynuts
- Start date
Tomorrow could be another disaster.
80% is unlikely but 50-60% is definitely in the cards. The fed won’t cut because of inflation due to tariffs. Markets will absolutely crater when they realize this.
China and the US need to make a deal, but neither is backing down.
Will sell tomoraw some stocks as it appears that china will not cave to Trump. This could last at least 6 months or more.
Mark Cuban told investors not to sell stocks amid the market mayhem — but then walked back his advice
The "Shark Tank" star Mark Cuban said he deleted his X post because "no one knows" if stocks will rebound, and people had to make their own decisions.
www.businessinsider.com
That was a really impressive rally, considering it was fueled by nothing but hopeium. Hopeium dreams quickly turned into hopeium screams. Today will go down in infamy as "a regular Tuesday".
A 3.5% GIC that does not beat inflation after taxes is looking mighty attractive now.
A 3.5% GIC that does not beat inflation after taxes is looking mighty attractive now.
I think we have proven the Expectations Theory for market valuation. Neat to see theory learned in undergrad is real!
Funny how the stock market is soaring after China and the EU retaliated with counter tariffs. It’s almost as if this whole this was orchestrated and Trump’s friends are now buying up the discounted stocks.
This is fuckin ridiculous 
Somebody do something about this clown pls.
Somebody do something about this clown pls.
There is no fucking way those close to Trump didn't know about the timing. Complete market manipulation. That's what this is entirely about.
We won't know for years, but this is about Chump's family socking away a few extra billion. Way easier than running a succesful business which is not their talent.
Next, he will tank markets again and then make a deal with China, sending the market soaring, while he and his family pocket billions. An easy way to make money.
Even top trade officials were not notified of the pause until after they were announced.
I kept looking at the news to find out why the market suddenly skyrocketed, nothing to be found for 20 minutes .
Even top trade officials were not notified of the pause until after they were announced.
I kept looking at the news to find out why the market suddenly skyrocketed, nothing to be found for 20 minutes .
The tariffs never had to do with fentanyl or deficits. He tanked the markets on purpose and knew he could send them back up again. Only he and his inner circle knew the timing. This market manipulation is illegal.
It's so bogus and so predictable , UGH. Especially that day Trump tweeted about the crypto reserve and then the next day talked about tariffs, the whole day to bring the pump back down, UGH !
Bam, time to cancel your Netflix next week. This rally won't last.
Presidential immunity is the concept that a sitting president of the United States has both civil and criminal immunity for their official acts.[a] Neither civil nor criminal immunity is explicitly granted in the Constitution or any federal statute.[1][2] However, the Supreme Court of the United States ruled in Trump v. United States (2024) that all presidents have absolute criminal immunity for official acts under core constitutional powers, presumptive immunity for other official acts, and no immunity for unofficial acts. The court made this decision after former President Trump claimed absolute immunity from being investigated for any crimes committed while in office.[3][4]
