Here's a link to the 90 day BS. https://www.reddit.com/r/wallstreetbets/s/LTxQZujDgV If someone can ELI5 this shit to us less economically inclined, that would be nice.
I get the impression that countries kissing his ass led Trump to feeling better and listening to economic professionals and stopping tariffs... and putting a pause in there just gives his ego a stroke, as opposed to getting rid of them altogether. As a result, the markets are just blowing up right now... as in huge gains all over the place.
I really hope that in four years we get criminal investigations of the administration members' trades right before this announcement.
would it be possible for, say, a novice like…well, I’m asking for a friend. Could he get into stocks, and then, maybe, have a way to monitor these people and see what they’re buying/selling and when?
There are trackers for congressional trades, but that's usually on longer term stuff like when a Congressman knows that a certain regulation or contract is coming down the pipe. I don't think there's anything that responds fast enough to catch "Trump is going to tweet out massive market manipulation an hour from now, better get your trades in."
What Trump did today is pause the reciprocal tariffs only, but put a 10% baseline on every country in that list and then upped the tariffs to China to 125%. Basically nothing changed except the % dropped to only 10% for every country and it will be reviewed again in 90 days. He also 10000% sent out that,"it's a great time to buy" tweet to shield himself from any legal issues resulting in giving everyone a heads up he was going to pause tariffs allowing them to buy into a market before it went up 3000pts. What you won't hear on the news today because of this, the house debating over the budget to increase the deficit by 6 trillion dollars, Medicare cuts, SS cuts, etc etc etc. Everyone who voted for or is associated with Trump is a weak, easily manipulated coward who have no morals and are willingly participating in the decline of America.
Sounds like Trump made over $400m on his "pause" policy decision yesterday. Dude just manipulated the entire market. Can't keep a legit business out of bankruptcy, but sure knows how to make money on a con.
My financial advisor told me four days ago he was going to regretfully sign up for Truth social because it's the fastest way to watch for volatility right now. Which... yeah, the whole situation is fucked. I planned on retiring in no more than 10 years. Right now I feel like it's either going to be 2 or never.
He better have sold, because we are crashing once again. Gold soaring, dollar crashing. Gold has been insane the last two days.
There are times when I just experience a wave of absolute rage at Republicans and their voters for their spoiled entitlement, and their childless destruction of things that weren't theirs to destroy: https://www.reuters.com/sustainabil...ping-urges-others-follow-document-2025-04-09/
Here's another good one. Trump admin to freeze immigrants bank accounts/SS and declare them as dead. https://www.reddit.com/r/PrepperIntel/s/R1uyUaQetL