Mark down March 3, 2025. That was the day Wall Street finally realized that US President Donald Trump was serious about tariffs. On Monday, the S&P 500 fell nearly 2 percent as Trump confirmed what we at the Atlantic Council predicted in February—that the tariffs on Canada and Mexico were not mere threats, but actually likely to be implemented. The stock markets continued to fall on Tuesday as investors processed the news.
I don’t think I’m gonna be wrong about this, but I bet that all of the points that were lost in the Dow Jones and the NASDAQ and the S&P 500 index funds will probably be recovered within the next couple of days because companies will remember that in order to keep all their money all they have to do is raise the prices on everything….
I think what’s happening is that the finance people are finally realizing that the long term implications of this shit are going to be absolutely catastrophic. So sure, there’s probably gonna be a bunch of spikes as HFT farms spike demand. But medium- to long-term, shits fucked.
Until no one can afford their stuff and drop it. Capitalism is hitting the inevitable point where infinite growth is impossible as it involves making the customers poorer which is not exactly great for business.
Hell, they probably used this as a time to do some quick stock buybacks on the cheap.
I almost feel like this was the intention. Bring the stocks down so his billionaire buddies can buy up more shares and then wait for the market to come back up. It’s effectively stock market manipulation, but now it’s protected because they can argue it’s an “official act”.
It honestly is suspicious the lack of drop to a greater extent, almost like they’re taking to DOGE cuts and federal firings and artificially keeping the market up with stock buy backs
I guess if he pisses off enough rich people, the odds of him getting a visit from the Mario Bros go up significantly.
And in the mean time… anything stronger than alcohol that won’t make me fail a piss test?
Un-fucking-real that it took them this long to figure it out
Would be cool if they stood up back when he said he would put tariffs on everything
They are in it for themselves. They aren’t standing up on shit but their wallets.
but Kamala said she was going to tax billionaires! (horrifying)
Also she said something about coconuts or something and we can’t have that…
Uh, duuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuhhhhh!!
Maybe you should try listening to us peasants for once in your life, Wall Street.
