Posted on 04/09/2025 8:19:13 AM PDT by JV3MRC
The same media schlub who waved around the “I told you so” foam finger when stocks whipsawed on April 7 over President Donald Trump’s tariffs is doing the backstroke now after the markets surged just a day later.
“I spent three months after the election warning Republicans they needed to be careful. Three months. I've got -- we've got about ten minutes of clips we could play you,” boasted a snooty Scarborough during the April 7 edition of Morning Joe. Stocks were bouncing over and under the flat line Monday, with the Dow and S&P 500 eventually just being off one percent and the Nasdaq ending in the green by the close, according to Axios.
“Regardless of how you feel about tariffs, this is a self-induced war that we started. All right? All right. This is voluntary,” railed Scarborough. It wasn’t just one day after Scarborough’s bombastic lecture that the Dow Jones Industrial Average surged 1,400 points, the S&P 500 ticked up 3.4 percent and the tech-heavy Nasdaq spiked 4.2 percent on hopes of renewed trade negotiations in the morning before later “losing steam” by the close. Still, watching Scarborough being forced to have to walk back his “W” April 8 during his morning show and bumble over himself to spin the new stock numbers while holding up the front page of The New York Times and The Wall Street Journal is must-see-TV.
(Excerpt) Read more at newsbusters.org ...
Loose screw Scarborough. Jackass at the end was very appropriate!
Yes...That's never been "a donkey".
Big buying opportunity on S&P index or ETFs.
Since the time this article was written, bragging about a 1,4000 point rebound, the market has dropped another 2,500 points.
You only lose if you sell now.
L
“You only lose if you sell now.”
Unfortunately tens of millions of people, especially on fixed incomes are affected, they draw down 401ks in retirements they have annuities ties to the market etc.. People who have variable rate mortgages lose now as rates are spiking. ANy new home buyers are getting screwed - rates are up 23 points in just two days.
So yes, people are losing right now.
It’s been a whole three days…It will be bumpy, but will correct and the country will be the better for it in the future. How good is the market and 401Ks and mortgages when it all collapses like a house of cards from tens of trillions of debt and unfair trade against the U.S.?
the price of SPY is the same as 12 months ago ...
You realize a year with no gains is bad right? It is literally losing money. You have to at least gain at the rate of inflation to break even, and beat inflation to get ahead.
Lori is unavailable for comment.
It is normal for the equity markets to fluctuate. Sometimes they tread water for years ... Or decades ...
It is not normal when markets tread water, it is the result of bad fiscal policy. The government creates depressions. Trump created this dip, and by blinking today and removing most of the tariffs, triggered the rally.
Scarborough = Male AOC
While the mortgage rates certainly hurt, all those retirements aren’t hurting that much. They basically lost $20 from the $1000 they’ve gained in the past few years, so the only thing actually somewhat lost is the investment added in the past year.
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