Posted on 04/04/2025 11:12:04 AM PDT by joesbucks
President Donald Trump raised eyebrows Friday by sharing a video on Truth Social that claims he purposefully crashed the stock market to "push cash into treasuries." Trump's timing was especially provocative because his rollout of tariffs the previous day resulted in a multi-trillion dollar market wipeout.
(Excerpt) Read more at theblaze.com ...
I’m sure he’ll ‘splain himself in due course.
I’ve always felt that the stock market represented the value of the dollar, not the companies. So if it goes down, it means the dollar is going up.
And vice versa.
Maybe he’s trying to appeal to the Occupy Wall Street crowd. If causing Tesla to tank is good, why not cause other stocks to tank?
The video actually explains his reasoning pretty well.
Yeah. If true it makes great sense.
Well when even Warren Buffet is on board with approving Trump’s moves....
It looks good to me.
He wants a weak dollar for trade purposes so that would make no sense.
Interesting claim in the video. 94% of stocks is owned by 8% of Americans. He’s sticking it to the rich. Isn’t that what Libtards want?
RE: previous comment.
FTA....There appears to be no evidence of Warren Buffett publicly making such an assertion in recent weeks.
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So, this might not be an endorsement from Buffet.
If Obama did this - taking from Wall Street to help Main Street, the Dems would be crying tears of joy.
But since it’s Trump...evil.
The Dems in addition to choosing trans over women, illegals over citizens, terrorists over Israel, foreign economies over US union workers, they’re now choosing Wall Street over Main Street.
Unreal.
Unreal?
Where have you been? The Democrats have been the party of the ultra-rich globalists for 30 years!
yes wiping out many trillions in wealth overnight rocks! :)
It leads to panicked selling, old folks bailing an being in lots of troube in retirement..etc :)
Flash crashes are never good...in anything.
I believe long term this will be a great move..the tariff play..or at least I hope.
But the spin needs to be kept to a minimum...lots of people are getting hurt
Yep, sounds like his plan is a winner. Having never been a winner yourself, I can imagine that this upsets you. Joe’s bucks are taking a hit. Tsk tsk.
his rollout of tariffs the previous day resulted in a multi-trillion dollar market wipe out.
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And continues to be wiped out even more today.
That’s nonsense. Pensions public amd private, 401ks , IRAs, TDAs are the vast foundation of Wall St Value. Is he trying to attract AOC and Bernie to join him in a crusade against ologarchs or is he seeking to join theirs.
94% of stocks is owned by 8% of Americans.
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And every one that has a 401K plan are at risk s well.
It’s a globalist tantrum, but Capitulation is nearing.
My opinion only. The markets are at very high historical values. After 15 years of zero or near zero interest rates, investments are quite speculative at this point, and not built on sound boring fundamental cash flow and earnings in companies that make real products. I welcome a strong 50-60% pullback over a 12-18 month period to firmly shake out the speculation, derivatives on derivatives, etc, and return the economy to a sound return on investment, show me how you can realistically pay back this loan, bonds with positive real returns basis.
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