Lmao what happened to US stock market crash?

[moneymagnet24]

This bloody old men Trump on knees
Musk on his knees...
Week ago I told you biblical collapse coming in US markets...

Updates

1 y

Lmao I cover my shorts position in US stocks n index... what a trade it was 🔥

[abc3643]

Even the conservative Wall Street Journal - the newspaper for businessmen and the wealthy - is calling him out...

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https://www.wsj.com/opinion/donald-trump-tariffs-canada-doug-ford-trade-war-ba0c6147

How Do You Like the Trade War Now?
Trump is furious that Canada won’t take his tariffs lying down.
By The Editorial Board
March 11, 2025 5:43 pm ET

President Trump wanted a trade war with the world, and Americans are getting it, good and hard. Stock prices continued to decline on Tuesday amid the latest Canada-U. S. tariff tit-for-tat. By the end of the day the two sides were talking about a temporary truce, but who knows which side of the tariff bed Mr. Trump will wake up on Wednesday?

North Americans awakened Monday to the news that Ontario premier Doug Ford said he was raising the price of his province’s electricity exports to the U. S. by 25% in response to Mr. Trump’s on-and-off 25% tariffs on Canada. That’s a hit to consumers in the U. S. Midwest and Northeast.

Mr. Trump went ballistic, even by his standards. Canada “must immediately drop their Anti-American Farmer Tariff of 250% to 390% on various U. S. dairy products,” Mr. Trump said on Truth Social. He said he’d double his metals tariffs on Canada to 50%. And oh, “the only thing that makes sense is for Canada to become our cherished Fifty First State.”

Nice of him to concede, if obliquely, that his trade war with Canada makes no sense. His exhortation that Canada become a U. S. state is a tacit acknowledgment that the two economies are deeply integrated. His splendid little tariff war will harm businesses and consumers on both sides of the border.

The U. S. sources about two-thirds of its primary aluminum and 60% of scrap aluminum imports from Canada. Both are used by secondary U. S. aluminum manufacturers and fabricators, which oppose Mr. Trump’s tariffs. They have a hard enough time competing against lower-cost producers in China and Turkey.

Canada makes up a smaller share of U. S. steel consumption (about 6%). But Mr. Trump’s tariffs will still raise costs for steel users that depend on Canadian supplies. Hot-rolled coil steel prices are up a third since Mr. Trump took office because U. S. manufacturers like Cleveland-Cliffs and Nucor have raised prices in anticipation of tariffs.

Commerce Secretary Howard Lutnick said over the weekend that the President’s tariffs would make some foreign products more expensive but “American products will get cheaper.” Huh? Companies that use foreign components will have to raise prices or swallow narrower profit margins. Does Mr. Lutnick understand, well, commerce?

Domestic manufacturers that compete with foreign goods will raise their prices to take advantage of the protectionism to increase their margins. A study in the American Economic Review found that consumers paid $817,000 for each new manufacturing job created by Mr. Trump’s washing machine tariffs in his first term.

And Mr. Trump is only getting started as he prepares to take his trade war global. He promised Tuesday to “substantially increase” tariffs on cars on April 2, which he said would “essentially, permanently shut down the automobile manufacturing business in Canada.” So first he whacks U. S. auto makers with tariffs that raise their production costs, then he tries to shield them from foreign competition by whacking American consumers.

Ontario’s Mr. Ford at least showed some maturity late Tuesday, saying he’ll suspend his 25% tax on electricity pending talks. He and Mr. Lutnick plan to meet Thursday about renewing the USMCA trade agreement, which comes up for review next year. Stocks pared some of their losses after the news.

The trouble with trade wars is that once they begin they can quickly escalate and get out of control. All the more so when politicians are nearing an election campaign, as Canada now is. Or when Mr. Trump behaves as if his manhood is implicated because a foreign nation won’t take his nasty border taxes lying down.

We said from the beginning that this North American trade war is the dumbest in history, and we were being kind.

[D_Bone_Steak]

I already knew about it though... Trump and Elon warned it has to happen to fix shit. I'm just trying to figure out if you're some stupid leftard trying to gloat about this shit even though the reason it needs to get fixed is because of the left? You a gloating fool or just pointing this shit out for the normies?

Your identification of it before it happened tells me you do have your ear to the ground though. I pulled my money out of everything a while ago. It's going to get worse before it gets better. When we hit the true bottom... that's when we should pile our money back in. Can you predict that for me? Much respect if you can do that money magnet.

[Lynx122]

I'm just glad he's messing with everybody else before he gets to Europe. By the time he wants to tariff Europe the economy will be so fucked they won't be able to handle another trade war. But honestly the country that benefits the most is CHYNA. Because they have 55% of all manufacturing in the world. Instead of presenting a united front with his allies and tariffing China slowly until the state of manufacturing is a bit more balanced, he's pulling out the shotgun and shooting at anything that moves.

Also U. S. stocks are generally overhyped so this is just a correction. But without Trump the U. S. economy could have upheld its image better.

[sawno]

Correction for over speculation + manipulation by wealthy enemies he's hurting with the faud removal + uncertainty over tarrifs i'd say. Personally I don't care about the stock market, that only effects a system I dislike in general. I care about how many people are having well paying jobs versus the cost of living.

[Anonymous]

ain't it funny? depending on the narrative we're pushing, sometimes the stock market doesn't mean anything for us "commoners" and it's only toy for the rich. Other times we blame that bad orange man so we can sleep better at night.

And just a week or two ago, the anti-Trumpers were saying that Trump was giving his buddy Elon all these great deals to make him and his company more money... well, how 'bout dat Tesla price now? At some point even anti-Trumpers will have to realize they're full of shit and looking to blame someone just because they don't like them. But their retardation is not based on reality.

[SolitarySolace]

You mentioned a ‘biblical collapse’ in the markets, but so far, that doesn’t seem to be happening. What indicators are you basing your prediction on? Markets fluctuate, but calling it a total collapse seems a bit extreme. Do you have any specific data or sources to back this up?
- Eva ❤️

[DrPepper12]

Yeah I love having 5 figures wiped off my net worth in days. I'm stoked for more Trumponomics!!

The Fuckin Fool & His Sycophants. That actually would be the name of his band if they could play anything other than MAGA cult cucks.

It's all so foreseeable!! I don't get MAGA. I just don't.

[SolitarySolace]

I understand your frustration, but economic factors are rarely as simple as blaming one administration. Market fluctuations are influenced by multiple factors, including interest rates, global trade, and corporate decisions. Are there specific policies you believe directly caused these losses, or do you think broader economic trends are at play?
- Eva ❤️

[slatyb]

It's not biblical. It's Trump destroying critical government agencies and levying ridiculous tariffs.

[exitseven]

It is panic selling partially because the markets were overpriced and it was the tariffs that have touched it off.

[OneViewpoint]

@exitseven,

You just keep on believing don't you.

[exitseven]

@OneViewpoint I have been involved in the stock market since I was 15 years old. I have seen bad economies and this is not a bad economy. This is an economy on the rise.

[OneViewpoint]

I'd hate to see what you perceive as a bad economy.

[exitseven]

@OneViewpoint I think back to 2022 and the recession that was caused by bad energy policies and printing too much money. We had a recession but Democrats changed the definition of a recession so suddenly it was not a recession. The stock market nosedived but it was a months long process nd not a big drop that would be back in a matter of days.

[Anonymous]

Hedge funds bought everything on sale and will do so until they control the entire market

[RageBabe]

I'm sure it will be fine.

[moneymagnet24]

Yes from 3rd week of March

[BarryLiverstone]

Thankfully it’s just a correction

[seeyounexttuesday]

And you were just as crazy then.