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President Donald Trump’s first 100 days haven’t even been completed yet and CNN is already whipping out "Great Depression" scare porn to describe the current stock market under his administration. No, you didn’t misread that. “We’re suddenly talking about the Great Depression when discussing Trump’s stock market,” read the insane April 22 headline of CNN Business Executive Editor David Goldman’s latest anti-Trump flapdoodle. “Trump’s stock market is throwing off some jaw-dropping statistics. How extraordinary? We’re now making comparisons to the Great Depression,” he continued. Making freakishly outlandish claims seems to be a trend for Goldman, as he’s the same so-called...

If Donald Trump is upset about higher interest rates, he should stop doing just about everything he can to undermine the U.S. economy in the eyes of the world. As the U.S. becomes a riskier place to do business because of tariffs and fiscal uncertainty, and the independence of the central bank comes under threat from the president, people will demand higher yields to make buying U.S. sovereign debt worth their while. Maybe you think Trump’s trade policy has merit or the Federal Reserve needs to be brought more firmly under the president’s control. That’s a separate question from how...

If the White House wanted a test of how firing Jerome Powell would go over in the markets, it succeeded on Monday. U.S. stocks and the dollar plunged while yields on long-term Treasurys climbed after President Trump renewed his attacks on the Federal Reserve Chairman. Monday was the first full trading day for markets to absorb National Economic Council director Kevin Hassett’s comments Friday that the White House is studying if Mr. Powell can legally be fired. On Monday Mr. Trump demanded again that Mr. Powell make “pre-emptive” interest rate cuts to avoid a slowdown. Cue the meltdown in stocks,...

The Dow plunged more than 1,100 points as President Trump intensified his attacks on the Federal Reserve’s independence — calling chairman Jerome Powell “a major loser” for not lowering interest rates. The Dow Jones Industrial Average was recently off 1,084.93 points, or 2.8%, at 38,057.30 in midday trades after plunging losing 1,406 points during the previous holiday-shortened week. US markets were closed on Friday in observance of Good Friday. The S&P 500 on Monday fell 2.9% and the Nasdaq slipped 3.1%. In a fiery Truth Social rant on Monday, Trump once again called for the Federal Reserve to slash interest...

Gold gains some ground despite U.S. dollar’s rebound as traders focus on the continuation of the pullback in Treasury yields. From the technical point of view, gold needs to settle above the resistance at $3235 – $3245 to gain additional upside momentum in the near term. Silver remains stuck below the 50 MA at $32.51 as traders wait for additional catalysts. If silver moves back below the $32.00 level, it will head towards the nearest support at $31.45 – $31.75. Platinum tests new highs as rally continues amid tariff optimism. Platinum is heading towards the nearest resistance at $960 –...

The anti-Trump media are pounding the drums, trying to drive people into a panic by contending that Trump’s tariffs are a Smoot-Hawley moment combined with a 1929-style stock market crash. It is, they suggest, a perfect storm of Trump-created economic devastation. What they’re not telling people—indeed, what they may not know themselves—is that the situation is different, both as regards the stock market and what happened with the Smoot-Hawley tariffs. I’ll start with the latter first. First, as Van A. Mobley explains with great clarity, it’s dishonest to compare Trump’s tariffs to the Smoot-Hawley Act. The difference is that, in...

US stocks fell on Friday as China struck back at President Trump’s latest tariff with a total 125% tax — further escalating trade tensions between the two nations. The Dow Jones Industrial Average lost 254 points, or 0.6%, after plummeting 1,014.79 the day before. The index has been on a wild ride over the past week as markets struggle to absorb back-and-forth trade war news, plunging more than 4,000 points after Trump revealed his so-called “reciprocal” tariffs last Wednesday, then recovering more than 1,500 points this week after he announced a 90-day pause on most of his harsher tariffs. The...

LONDON, April 4 (Reuters) - In times of market panic investors tend to rush to the safety of the dollar, but when stocks swooned in response to U.S. tariffs this week, they ran away from it. Investors say it's a sign that the greenback’s global standing may be eroding. The dollar, for decades a safe haven, on Thursday fell about 1.7% in its biggest daily drop since November 2022 (.DXY), opens new tab, after President Donald Trump imposed tariffs on imports at levels not seen since the early 1900s. Stock markets also tanked, as tariffs ignited recession worries….

Stocks surged to one of their biggest gains since World War II after President Donald Trump backed off his tariffs on most nations for 90 days even as he further jacked up the tax rate on Chinese imports to 125%.

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...

CNBC’s Mad Money host Jim Cramer may really be an inverted soothsayer, as yet another of his predictions went in the complete opposite direction. That’s probably what happens when your brain just happens to be screwed on backwards. Cramer was blowing whatever gaskets he had left over President Donald Trump’s sweeping tariffs during the April 4 edition of his show, heralding stock market Armageddon of 1987-like proportions as early as April 7 if Trump didn’t reverse course. “The implosion of our markets continues,” cried Cramer, dubbing tumbling stocks on Friday a “man-made obliteration.” He predicted three “modalities:” a “quick bear...

Is the stock narket almost completely manipilated? Who is actually selling (I'm not.). What group of people drove the indexes down because they hate Trump? Look closely at stocks of some major companies and you'll see that they almost identically mirror the DOW Industrials. How could that happen without computer control? Check out GPN vs. the DOW.

"Ah, the delicious smell of peak fear on Sunday/Monday...and max NOISE on X." —Raoul Pal That ruckus you hear in the capital markets is the sickening howl of the Fugazy Economy meeting its extinction. Fugazy means fake, unreal, dishonest, misaligned to what societies need to thrive. Fugazy means mis-using the time-value of things that purport to be wealth to multiply fake wealth in the hands of a few at the expense of the many. The pernicious effects of that system are visible all across the ruined landscape of our country, a nation of broken cities, failed towns, and a demoralized...

See Market Indices Page at Business Insider.

U.S. stocks climbed in early trading on Monday, reversing deep losses in a matter of minutes after President Donald Trump signaled a willingness to negotiate tariffs with U.S. trade partners. The Dow Jones Industrial Average jumped 470 points, or 1.2%, while the tech-heavy Nasdaq rose 2.5%. The S&P 500 gained 1.8%. "Countries from all over the World are talking to us," Trump said on Truth Social. "Tough but fair parameters are being set." The market gains recovered some losses that stretch back to Trump's announcement of far-reaching tariffs last week. The Dow suffered its worst week since 2020, and the...

Benny Johnson @bennyjohnson BREAKING: The S&P 500 gains $4 trillion following EU announcement of interest in zero for zero tariffs with United States. Last edited 9:43 AM · Apr 7, 2025

Global crash, Trump tariffs bite; 25% of Earth seeks deals; China reels, EU buckles; UK flips; inflation, oil down; Main Street cheers; was a market reset the plan all along? And much more. Good morning, C&C, it’s Monday! The news continues to be dominated by Trump’s tariffs and the world’s market response. So let’s dig in. In today’s roundup: global markets plunge as Trump tariffs take hold, but what’s the upside?; a quarter of the entire Earth lines up to do deals; China reels under tariff chaos; Europe in focus as Trump vows the EU will have to pay “a...

“I don’t want anything to go down, but sometimes you have to take medicine to fix something.”

President Donald Trump shared a TikTok video on his Truth Social account that asserted that he is crashing the stock market intentionally. “Trump is crashing the stock market by 20% this month, but he’s doing it on purpose. This is why Warren Buffett just said Trump is making the best economic moves he’s seen in over 50 years,” the narrator of the video said. “Here’s the secret game he’s playing, and it could make you rich. So why is he doing this? To push cash into Treasuries, which forces the Fed to slash interest rates in May, and those lower...

President Donald Trump, in his post, highlighted that China has been hit harder in the ongoing trade war between the world nations and the United States. He also said that the reciprocal tariffs imposed on the nations are a result of them treating the US badly with their tariff rates. “China has been hit much harder than the USA, not even close. They, and many other nations, have treated us unsustainably badly. We have been the dumb and helpless ‘whipping post,’ but not any longer,” said Trump in his Truth Social post. The President also attempted to reassure the people...