What is with these TRUMP TARIFFS

[METFAN 2,145]

THESE STUPID TARIFFS or BLUFFS are killing the stock market and will cause higher inflation IF they are enforced.

FRIDAY my account was up over $6000 by the afternoon after the tariff announcement it was down $4500. Over a $10000 swing , /today when I woke up it was down another $22000.

Don't these fools know know tariffs will only increase prices , hence INFLATION. Increase inflation reduces the Federal Reserve from making INTEREST RATE cuts and will lead to market apathy and probably a recession. So much for reduced grocery prices.
Trumps own crypto coin has dropped over 50% from its peak $40 value.

JACKASSES ..PLUS I drink Dos Equis and Molson..WTF

 

[METFAN 2,145]

Better not put a tariff on Irish whiskey

 

[Bruins4Life 3,300]

Surprisingly, I didn't get hurt today.

 

[METFAN 2,145]

Did okay now that tariff on pause.Have to be careful of everything he says

 

[roadreeler57 3,265]

 

[Bozzie 3,235]

Got tagged but not too badly yet...BABA( In big) has been solid, dividend stocks haven't been hit hard yet.

 

[Bozzie 3,235]

"Step right up and meet the mets..bring your kiddy, bring your wife guaranteed to have the time of your life".

Steve and I saw this early ....it's all here in my posting history

https://www.bloomberg.com/news/articles/2025-02-21/steve-cohen-negative-on-us-economy-citing-tariffs-and-doge

 

[Bozzie 3,235]

Fundamentals aren't bad technically in the market...this is 100% a product of moronic policy and a weak leader with poor impulse control.

Dow closed @ -536

Ludkin said today that Trumps tarrifs are partly an emotional response.

Sound policy.

 

[Bozzie 3,235]

should be a decent day today...shut down everted temporally
Data release today :Consumer sentiment survey due at 10 a.m. Eastern.

market shed 10.1 percent the 7th fastest dip since 1929

 

[Bruins4Life 3,300]

Makes me wish I hadn't moved so much into VOO last year.

 

[Bozzie 3,235]

https://www.cnbc.com/2025/03/14/university-of-michigan-consumer-sentiment-survey-drops-in-march-to-57point9-worse-than-expected.html

Gold price hits $3,000 as trade tensions mount

Demand for the precious metal has surged amid economic uncertainty over the impact of the global trade war.

www.bbc.com

 

[Bozzie 3,235]

Big gains coming Monday,

 

[Bruins4Life 3,300]

Friday started upward swing. Hopefully it continues.

 

[METFAN 2,145]

Wednesday and Powell will be big..Every time he speaks i lose thousands