Depression if trump wins

The overal trend will be down, I’m waiting for a strong top to take a sell, somewhere mid week

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Maybe things improve before Trump completely destroy everything .

The future market just open

US stock market futures plunged on Sunday evening after the new US tariff policy began collecting duties over the weekend and global trade tensions continued to rise.

President Trump and his top advisers dug in over the weekend, with the president suggesting that equity markets may need to “take medicine” and posting that the new tariffs are “already in effect, and a beautiful thing to behold.”

Earlier on Sunday, administration officials defended President Trump’s plans across networks.

Commerce Secretary Howard Lutnick asserted that the tariffs “are definitely going to stay in place for days and weeks.” Treasury Secretary Scott Bessent said he did not expect a recession spurred by the tariffs, and top economic adviser Kevin Hassett insisted that Trump was not purposely trying to tank the stock market after the president reposted a video that claimed he was.

STOCKS PLUNGE: Futures market sell-off amid Trump tariff concerns - LiveNOW from FOX

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Strong top on silver atm I sold tp 28.518

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Still looking for a major break up but she’s moving slow, I’m in a buy, let’s see what happens

Be vigilant when the U.S. forex market opens in a few hours, things could get crazy

US stock futures tumble, global markets sliding in Trump tariffs reaction

Key global stock markets tumbled upon opening on Monday as the world’s reaction to President Donald Trump’s tariffs campaign continued – and as U.S. futures signaled more turmoil for American markets.

In the U.S., futures for the S&P 500 lost 4.5%, those for the Dow Jones Industrial Average shed 4% and Nasdaq futures lost 4.8% as of Monday morning.

Tokyo’s Nikkei 225 index lost nearly 9% shortly after the market opened on Monday, the steep decline triggering a circuit breaker that temporarily halted trading. Japan’s broader TOPIX index sank 8%.

In Taiwan, the Taiex lost 9.7%, while in Singapore the STI fell more than 8%.

South Korea’s KOSPI index fell more than 5.5% in Monday trading, with Australia’s S&P/ASX 200 sliding more than 6% before recovering slightly.

Hong Kong’s Hang Seng Index dropped more than 13%, with Chinese tech stocks like Alibaba and Baidu among the big losers. On the mainland – where there are fewer international investors – the Shanghai Composite Index dropped more than 7%.

India’s stock markets also struggled. The BSE’s Sensex dropped 5.19% while the broader Nifty tumbled 5%.

European indexes followed suit on Monday morning.

The British FTSE 100 index fell 6% upon opening. The pan-European Stoxx 600 index dropped more than 6%, Germany’s DAX index fell 10%, France’s CAC lost 6.6% and Italy’s FTSE MIB slid 5.7%.

U.S. markets closed significantly down on Friday. The Dow Jones Industrial Average plummeted 2,230 points, or 5.5%, while the S&P 500 plunged 6%.

The tech-heavy Nasdaq declined 5.8%. The decline put the Nasdaq into bear market territory, meaning the index has fallen more than 20% from its recent peak.

The trading session on Friday marked the worst day for U.S. stocks since 2020. The second-worst day for U.S. stocks since 2020 happened on Thursday, a day earlier.

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You couldn’t make it up!! :stuck_out_tongue_closed_eyes:

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The real reason Trump is destroying the economy -

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“The slow moving Fed should cut rates”

Pres Trump this morning.

Thanks for the link, but they require people to pay to access the article, the narrative is more profound than America can conceive, excellent article. :point_down:

The real reason Trump is destroying the economy

The Trump administration’s tariffs are, by every reasonable account, an economic catastrophe in the making. So why are they happening?

One explanation is that this is simply democracy at work. President Donald Trump campaigned on doing more or less exactly what he’s just done, and the voting public elected him. So here we are.

That’s at best a partial story. In fact, it’s probably more accurate to see Trump’s tariffs as a symptom of democratic decay — of America transitioning into a kind of strange hybrid system that combines both authoritarian and democratic features.

Were America’s democracy functioning properly, Trump wouldn’t have the power to impose such broad tariffs unilaterally. Congress, not the presidency, has the constitutional authority to raise taxes — and tariffs are, of course, a tax on imports.

Yet the basic design of the American system has broken down, allowing the president to usurp far more authority than is healthy. In many policy areas, the presidency functions less like a democratic chief executive who operates under constraint and more like an elected dictatorship.

And historically, dictatorships — elected or otherwise — suffer from a fatal flaw: they have no ability to stop the people at the top from acting on their policy whims and, in the process, producing national disasters. This tendency is why democracy tends to produce superior policy outcomes over the long run; why America, and not Nazi Germany or the Soviet Union, won the 20th century.

The tariffs, in short, show the true stakes of democratic decline. It’s not just a matter of abstract principle, but the difference between stability and disaster.

America’s democratic decline caused the tariffs

When Donald Trump and Elon Musk began laying waste to the federal government in February, the political scientist Adam Przeworski declared himself “at a loss.” Though Przeworski is one of the world’s most eminent scholars of comparative democracy, author of many defining pieces in the field, he could not find the right vocabulary to describe what was happening in the United States.

Though “Trump was elected in fair elections,” his subsequent policy agenda amounted to “revolutionary change of the relation between the state and society” — one that attempts to replace the rules and norms that define democratic politics with something very different.

Understanding America in this more textured sense, as a country under a new and confusing regime that is both democratic and not, helps us make better sense out of the Trump tariff debacle.

On the one hand, an electorate that picked Trump is getting one of Trump’s signature policies. Sometimes, in democracies, demagogues win elections — a problem so old that you can find a discussion of it in Plato’s Republic.

On the other hand, democracies rely on legal rules constraining the executive to prevent any such demagogue from becoming a dictator. In the American system, that means a complex system of constitutional checks and balances — one of which is the Constitution granting taxation powers to Congress and Congress alone. Yet instead of asking for statutory authorization to raise tariffs, Trump is exploiting broadly worded emergency legislation to do an end-run around the legislative branch.

This is what a hybrid political system looks like in practice. The United States still has free and fair elections at all levels of government, and is in that sense democratic. But elections don’t matter in the way that they’re supposed to, because the people’s representatives in Congress are not playing their constitutionally assigned policymaking role. This is the autocratic component of the current American system, one that enables the president to sabotage the global economy if he so wishes.

The transformation of America, from democracy to Frankensteinian amalgam, has been in the works for decades.

The primary culprit is Congress, which has — due to a combination of partisanship and political cowardice — become both unable and unwilling to act as the supreme lawmaking body. Instead, it began delegating significant amounts of its own authority to the executive.

Sometimes, this was intentional — authorizing the president to make policy through executive agencies, creating the “administrative state” conservatives decry. Sometimes, it was unintentional: Congress giving the president vague emergency powers that were supposed to function in narrow circumstances, but in practice allowed the president to act unilaterally in all sorts of “normal” policy debates. And sometimes, Congress simply did nothing on crucial policy issues — forcing the president to try to address them with dubiously broad interpretations of their own powers.

The judicial branch deserves some blame too. While the Supreme Court has occasionally stepped in to address presidential overreach, it has done so in a haphazard and partisan way. Moreover, it has long deferred to the president on key issues like immigration, trade, and war.

Observers on both the liberal left and the libertarian right warned for decades that growing executive power posed a problem for democracy and good policymaking. Obviously, they were right to do so in hindsight. Yet part of the reason that they were ignored is that there were other checks on the president that seemed to keep the executive in line.

Some of these were internal executive branch checks. The White House relied on the Office of Legal Counsel — a group of senior executive branch attorneys — to provide independent opinions on the legality of various policy options. Internal policy shops like the Council of Economic Advisers provided informed expert opinions that would steer presidents toward more evidence-based policymaking. In dire cases, the Justice Department would probe potentially criminal activity by executive branch staff.

Other checks were more informal. Fear of losing the war for public opinion might prevent a president from taking a particularly radical stance. The president’s own moral code, a sense that there are just certain things one shouldn’t do even if you can, also provided a kind of soft check on the abuse of power.

But what’s clear now is that all of these internal mechanisms were voluntary. Trump has neutered executive branch checks on his authority and (clearly!) does not possess the judgment we expect from people in the highest office.

It turns out that the rest of the political system — and especially Congress — had created the conditions for our descent into a hybrid political system. The only barriers remaining were norms about how the executive branch should work, ones that a determined president like Trump could smash through with ease.

The tariffs show why our hybrid system is so dangerous

Sometimes, the stakes in this kind of conversation can feel a little fuzzy. Why does it matter if we are living in a hybrid system rather than a full democracy? Sure, the president may be powerful, but if we’ve still got elections, then isn’t everything going to be fine in the end?

The tariffs provide one of the clearest examples of why this matters for everyone: without democracy, the quality of our policymaking gets dangerously worse.

Political scientists have long found that, on average, democracies produce better outcomes for citizens than authoritarian states. They produce higher rates of economic growth, superior technological innovation, better public health services, and are even more likely to win wars.

One of the key reasons for democracy’s success has been its formalized policymaking process. Because laws are changed through legal and transparent processes, ones subject to public debate and legal oversight, they are more likely to both be well-informed by the best available evidence and corrected if something goes badly.

Authoritarian and hybrid regimes ditch these constraints, which allows them to make policy changes a lot faster. But it also enables one person, or a small group of people, to make radical decisions on a whim with disastrous consequences.

Think about Mao’s Great Leap Forward in China, a direct product of the leader’s adherence to a Communist ideology that was out of touch with reality. While Trump’s tariffs are nowhere near as evil — the Great Leap Forward killed somewhere between 18 and 32 million people — the same formal problem contributed to both mistakes.

For a more recent example, look at Russia’s invasion of Ukraine. The disaster began with Putin’s personal obsession with the idea that Ukrainian nationhood was fake and that the territory was rightfully Russian. This notion went from Putin’s personal obsession to actual war because no one could stop him.

Trump’s tariffs will, if fully implemented, be remembered as their own cautionary tale. While he campaigned on them, he wouldn’t have been able to implement the entire tariff package had he gone through the normal constitutionally prescribed procedure for raising taxes. The fact that America isn’t functioning like a normal democracy, with public deliberation and multiple checks on executive authority, is what allowed Trump to act on his idiosyncratic ideas in the manner of a Mao or Putin.

Now, it’s still possible that Trump steps back from the brink. But even if he does, and the worst outcome is avoided, the lesson should be clear: the long decay of America’s democratic system means that we are all living under an axe.

And if this isn’t the moment it falls, there will surely be another.

MSN

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Aud jpy sell for me tp 81.373

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Seesaw day ends with Dow down as Trump’s tariff reports send stock markets on wild swings

The stock market finished moderately low Monday after an untrue report about a possible 90-day pause on President Donald Trump’s widespread tariffs caused massive swings in the market.

All the major markets went from major losses to significant gains back to steep losses in a matter of minutes on Monday morning, with a 2,000-point swing between the highest and lowest points. The day ended with the Dow Jones down 349 points and the S&P 500 down 11 points. Meanwhile, the NASDAQ composite is up 15 points.

The swings came as CNBC and social media users reported that National Economic Council Director Kevin Hassett said Trump is considering a 90-day pause on tariffs for all countries other than China.

However, there appears to be no evidence Hassett made that claim, and White House Press Secretary Karoline Leavitt called the reports “fake news.”

The markets lost their gains and returned to their continued drop after the White House clarification. Later Monday, Trump also confirmed to reporters he’s “not looking at” pausing the sweeping tariffs.

A CNBC spokesperson explained the error in a statement to NBC News: “As we were chasing the news of the market moves in real-time, we aired unconfirmed information in a banner. Our reporters quickly made a correction on air.”

The rumors appeared to stem from an interview Hassett gave on Fox News, during which he was asked if the administration would consider a 90-day pause as proposed by billionaire Bill Ackman.

“I think that the president is going to decide what the president is going to decide,” Hassett responded.

“I would urge everyone, especially Bill, to ease off the rhetoric a little bit,” he added.

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Nasdaq go bye bye :boom:

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Dow surges nearly 3,000 points on news of Trump’s tariff pause: NASDAQ smashes its record for largest daily gain

Stock markets surged after President Donald Trump announced a pause on most of his sweeping global tariffs, with both the Dow and the NASDAQ breaking records for the largest point gains in a single day in each markets’ history.

The stock markets closed with massive gains after Trump announced he would immediately implement a pause of 90 days. At close, the Dow soared 2,962 points, while the NASDAQ surged 1,857 points, marking the largest single-day gains in history for both indices. The S&P 500 also closed up 9.5 percent for one of its best days since 2008.

The president announced the decision in a Truth Social post Wednesday afternoon.

“Based on the fact that more than 75 Countries have called Representatives of the United States, including the Departments of Commerce, Treasury, and the USTR, to negotiate a solution to the subjects being discussed relative to Trade, Trade Barriers, Tariffs, Currency Manipulation, and Non Monetary Tariffs, and that these Countries have not, at my strong suggestion, retaliated in any way, shape, or form against the United States, I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately,” he wrote.

Louis G. Navellier On Bloomberg saying it’s all fine. I’ll beat him too :boom::muscle:

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Stock market today: Dow slides 1,000 points, Nasdaq, S&P 500 clobbered as stocks resume Trump tariff sell-off

US stocks got crushed on Thursday, pulling back from the previous day’s historic rally amid concerns that President Trump’s broad trade offensive has become a direct confrontation with China.

The S&P 500 (GSPC) dropped almost 3.5%, while the tech-heavy Nasdaq Composite (IXIC) tumbled 4.3%. The Dow Jones Industrial Average (^DJI) fell about 1,000 points, or 2.5%. The 10-year Treasury yield (^TNX), in high focus amid bond market whiplash, ended the day flat around 4.39%.

The major averages sank to session lows after the White House confirmed updated tariff figures released on Thursday brings the total increased levies on Chinese goods to 145%, not 125% as previously stated.

Wall Street has been weighing Trump’s remarkable escalation in the US trade battle with China while pausing levies on many US trading partners.

Markets on Wednesday had breathed a loud, collective sigh of relief after Trump paused many of the largest US tariff hikes on a list of countries, with stocks notching one of their biggest one-day rallies since World War II.

“The trade war is now turning into a direct confrontation between the US and China … we could again be seeing escalation and de-escalation at the same time, pulling markets in different directions,” Rabobank analysts said.

And though a wider trade war is on hiatus, risks remain to the health of the US economy, and Trump’s move is “merely the end of the beginning,” according to JPMorgan.

Tariff talk is still driving the stock market

Tariffs are still in the drivers seat of the stock market action.

One day removed from the Nasdaq Composite’s (^IXIC) second best single-day performance on record, clarification on the US latest tariffs on China sent markets into a tizzy.

The White House confirmed on Thursday morning that the total tariffs on China will now be 145% when accounting for the previous 20% duties already in place. The news came as a surprise to the market, as President Trump had posted on Truth Social on Wednesday that the tariff rate charged to China would be 125%.

Stocks quickly hit session lows with the Dow Jones Industrial Average (^DJI) falling more than 2,100 points before recovering some losses in afternoon trading and eventually closing down about 1,000 points.

“The consistent move lower today is showing a large shadow of uncertainty remains,” New York Stock Exchange market strategist Eric Criscuolo wrote in a mid-day trading update on Thursday afternoon.

How the bond market helped make Trump blink on tariffs

President Trump hit the pause button on reciprocal tariffs — and the bond market convinced him.

In the lead-up to the president’s pivot, markets were unraveling: Stocks slid sharply, with the S&P 500 on the brink of a bear market. But the real alarm bell? A sharp, unexpected surge in long-term Treasury yields — a move that seemed to force the president’s hand.

“The bond market is very tricky. I was watching it,” Trump admitted to reporters shortly after the announcement. “People were getting a little queasy.”

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This is the goal. Trump said it many times, he wants rates down.

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Do they ever say who called? What countries? I think I heard Vietnam.

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Tell me when it’s time to short EURUSD. I got some trades underwater!

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That part appears true, and perhaps a handful of other nations, but who knows? I will hold off until I hear from the countries or witness it.

Viral Chinese AI video of US sweatshop workers mocks Trump’s tariffs

A Chinese AI generated video mocking downcast American workers has been circulating on Chinese and US social media amid a growing tariff war between both countries.

Here’s comments from last year from him on rates and how he thinks he should have say on rate decisions.

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