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4/9/2025 6:53:50 PM
 
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Section 4: President & Congress Subject: Happy Liberation Day! Msg# 1223428
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Are you allowing your anti-Trump bias to influence your thinking? Trump did not cave on the only tariff that matters -China.
Yesterday, the “experts” told us the market was down mainly due to the extreme tariffs on China. Today he increased the tariffs on China and the market is up. He paused the rest at 10% because many are looking to negotiate. Stop reacting on a hour by hour basis. Makes no sense. |
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For reference, the above message is a reply to a message where: This wasn’t a stock market fluctuation. This was an historic event, not to mention the most massive dip in the market since 1987. When Jaime Dimon says “I think there’s going to be a recession,” it’s not just some run of the mill couple of days in the red. It’s big. Trump sure looked like he was attempting to initiate a planetary (except Russia) trade war. There were sudden and severe consequences. If you think we recovered, or that this is over, you are incorrect. Trump caved because of the trauma to the stock and bond markets, among other things. The administration pretty clearly didn’t think this through—at all— and were unprepared for blowback so violent and severe. Don’t get me wrong … I am thrilled at the announcement of the 90 day suspension. My portfolio is damaged—badly— but is intact. But let’s not sit here and act like everything is fixed, all is well, back to normal. On the upside, Americans (myself included) are now far more educated with respect to global trade than they were two weeks ago. Are you tired of all the winning? You voted for an imbecile, Joe. I can’t wait for him to act like this was the plan all along. |
