• Ironfist79@lemmy.world
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    5 days ago

    I’m getting really tired of the media misrepresenting reality. Stocks are still down compared to a year ago.

    • protist@mander.xyz
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      7 days ago

      First thing I thought. Even after today, the S&P 500 is down 5% on the month and 10% since Trump took office

  • TommySoda@lemmy.world
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    7 days ago

    “Soar” is a strong word when you consider they were higher less than a week ago. Can’t wait for the next thing he says to drop the market before the weekend so his boys can get in on the next pump and dump. He literally tweeted “NOW IS A GOOD TIME TO BUY” right before he paused the tariffs.

    • Darkmoon_UK@lemm.ee
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      5 days ago

      It’s the only word journalist know to describe something that isn’t plummeting.

  • TronBronson@lemmy.world
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    5 days ago

    Here’s a headline. Donald trump orchastrates a stock market crash. Uses his social media company to signal the buy, and release the tariff news. Insiders and truth social followers get rich as markets pump 10% immediately after tweet is released.

  • Hobbes_Dent@lemmy.world
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    7 days ago

    I guess y’all think 90 days is enough time for China to back down and for all of your manufacturing and supply chain to spin up?

    He could change his mind on a fart tomorrow.

    Farce.

    Can’t wait to see the demands for DEI removal from sovereign nations to avoid tariffs. Or more energy blackmail.

    🖕

    • taladar@sh.itjust.works
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      7 days ago

      I wouldn’t be surprised if the US moron brigade demands from African nations that they shouldn’t hire black people anymore.

      • Ledericas@lemm.ee
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        6 days ago

        Africa can do itself a favor by expelling all the American Christians that were there writing some of the laws for some of the countries.

  • barneypiccolo@lemm.ee
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    7 days ago

    Have we forgotten that he has done this each month since he was Inaugurated?

    He crashes the the stock market with talk of tariffs. The wealthy buys options on the decline, and buy on this massive dip, and in a few days, HitlerPig announces that the countries on his list have responded to his tariff threats, so he is postponing them for a month or so.

    The stock market recovers a bit, and the wealthy will make fortune. In a month, he’ll do it all over again. This was thebthird cycle since Inauguration.

    It’s deliberate market manipulation.

  • The_Caretaker@lemm.ee
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    6 days ago

    *Global stocks soar as Donald Trump pulls a dump & pump scam with all of his billionaire buddies.

  • sp3ctr4l@lemmy.dbzer0.com
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    6 days ago

    … Meanwhile, the bond markets are continuing to freak the fuck out, and the yield curve has now inverted and univerted three times before an actual ‘official’ recession has begun.

    For those that don’t know, a yield curve inversion is when short term bonds offer a higher yield (interest rate) than long term bonds.

    That… it not how that is supposed to work.

    Generally speaking, a longer term bond should be riskier due to the amount of things that can possibly go wrong in that longer amount of time, as compared to a shorter term bond that pays itself back in less time, with less time for unforseen nonsense to happen.

    Every single US official recession in the last … 50, 100 years? has occured after first, the yield curve inverts, then it uninverts, and then an ‘official’ recession follows quite rapidly.

    …Except fucking now.

    Now we are in a situation where the yield curve has inverted then uninverted three fucking times without an ‘official’ recession actually starting.

    This is unprecedented.

    As of right now, the 6 month T Bill and the 5 year T Bond have roughly the same yield, and everything in between has a lower yield, the lowest point being the 2 yr.

    … Its supposed to be basically a line going upward on the y axis of yields, as you move rightward on the x axis from shorter to longer term debt/bonds.

    The bond market right now is more or less saying we are gonna be in for 2 years minimum of economic decline.

    • MuskyMelon@lemmy.world
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      5 days ago

      Trump’s gonna default on the bonds and the debt to try to reset everything. Ya’ll are fucked.

      • AA5B@lemmy.world
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        5 days ago

        The casino model of doing business except in this case the “license to print money” is literal. No one can screw it up, right? Nah, let’s declare bankrupt and stiff all our creditors, and our debt will be taken care of. Smart. Business. Move

      • sp3ctr4l@lemmy.dbzer0.com
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        5 days ago

        … yeah.

        Shits gonna get real bad.

        Like Great Depression 2.0 bad, but this time shanty towns are all classed as illegal homeless encampments and Trump has publicly stated multiple times his plan for the homeless is literally concentration camps in the middle of nowhere or outskirts of cities, that kind of bad.

  • takeda@lemm.ee
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    7 days ago

    The market reaction is dumb. 90 days bus very little for companies to adapt when years are needed.

    I think this but it’s just the people seeing his tweet immediately before he lifted the restrictions.

    Looks like we are still heading for recession and Treasury bills interest is still jumping up.

    • aleq@lemmy.world
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      7 days ago

      I think this but it’s just the people seeing his tweet immediately before he lifted the restrictions.

      Market doesn’t know if the tariffs are even coming back, and are taking the chance to buy back low.

      • takeda@lemm.ee
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        7 days ago

        He suspended it for 90 days and also previously threatened that there will be more, so we don’t even know if next week there won’t be new tariffs.

        • AA5B@lemmy.world
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          5 days ago

          It’s still possible that’s the point. Not the tariffs as a goal but as a weapon to hold over everyone’s head, to shake them down until they all bow before mango mussolini

  • puppinstuff@lemmy.ca
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    7 days ago

    Speaking from experience in Canada, the 90 days is meaningless. Welcome to the dance of constant tariff threats every two weeks only to backpedal when the market crashes.

    He does not have the attention span to wait 9 days let alone 90. This man is a toddler with a flamethrower having a tantrum.

    • taladar@sh.itjust.works
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      6 days ago

      This man is a toddler with a flamethrower having a tantrum.

      More like one flamethrower in each hand.

  • ThraawnSolo@lemmy.dbzer0.com
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    6 days ago

    90 days to save up your hard earned money so you can buy the dip again…and again…and again. This is what the old shit stain is doing.

  • Pyr@lemmy.ca
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    6 days ago

    Are investors idiots? He’s just going to change his mind again in three days

    • houseofleft@slrpnk.net
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      6 days ago

      Tbf, all these headlines miss that indexes like the S&P 500 are still far down from pre-tariff-mania. Investors are more or less updating their views for how screwed the markets are, rather than betting that everything is fine.

    • UnderpantsWeevil@lemmy.world
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      5 days ago

      Are investors idiots?

      A lot of investment is driven entirely by HFT algorithms and AIs now. The brokers oversee the broad strategy, but the trading is just a dozen different multi-billionaire hedge funds chasing one another’s tails. Market buy-ups and sell-offs are triggered by a handful of headlines and aggregator engines, snowballing up or down based on computers responding to other computers.

      And because the market is increasingly liquid - as more mega-investors like Buffet cash out in pursuit of future buying opportunities - you’ll see sudden sharp inversions caused by the sheer amount of buying power that’s being pent up and released between announcements.

      He’s just going to change his mind again in three days

      Very difficult to price that as a risk variable. And in the meantime, there’s a ton of money to be made speculating on which way his wind will blow next.

  • SpiceDealer@lemmy.dbzer0.com
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    7 days ago

    From the article:

    The commerce secretary added on X that he and Treasury secretary Scott Bessent “sat with the President while he wrote one of the most extraordinary Truth posts of his Presidency”

    Next time I’m feeling down, I’ll just remember that someone felt the need to post on Xitter that he helped Trump write down his best posts on some shit social.

    • uienia@lemmy.world
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      6 days ago

      The normalisation of that insane shit is something the mass media has to bear a large portion of the responsibility for.