this post was submitted on 09 Apr 2025
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[–] Rhaedas@fedia.io 205 points 1 week ago (2 children)

"Soar"

Looks back a month to compare

Falling without style?

[–] protist@mander.xyz 92 points 1 week ago

First thing I thought. Even after today, the S&P 500 is down 5% on the month and 10% since Trump took office

[–] Dead_or_Alive@lemmy.world 14 points 1 week ago (3 children)

This is a dead cat bounce. Nothing fundamentally has changed until Trump is out of office. There is no one talking him down from his bad decision making.

He will move onto the next grift or scandal so he can dominate the next news cycle and make the old one go away. Eventually he will come back to fuck with the economy again.

Rinse & Repeat/Round and round we go until he hits something big he can’t make go away like Covid did in his first term. Then he will loose it.

If you want my bet on what that is, it will be a major war.

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[–] TommySoda@lemmy.world 96 points 1 week ago (1 children)

"Soar" is a strong word when you consider they were higher less than a week ago. Can't wait for the next thing he says to drop the market before the weekend so his boys can get in on the next pump and dump. He literally tweeted "NOW IS A GOOD TIME TO BUY" right before he paused the tariffs.

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[–] Hobbes_Dent@lemmy.world 76 points 1 week ago* (last edited 1 week ago) (2 children)

I guess y'all think 90 days is enough time for China to back down and for all of your manufacturing and supply chain to spin up?

He could change his mind on a fart tomorrow.

Farce.

Can’t wait to see the demands for DEI removal from sovereign nations to avoid tariffs. Or more energy blackmail.

🖕

[–] taladar@sh.itjust.works 11 points 1 week ago (1 children)

I wouldn't be surprised if the US moron brigade demands from African nations that they shouldn't hire black people anymore.

[–] Ledericas@lemm.ee 5 points 1 week ago

Africa can do itself a favor by expelling all the American Christians that were there writing some of the laws for some of the countries.

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[–] cyrano@lemmy.dbzer0.com 74 points 1 week ago

Penguins 1 - USA 0

[–] takeda@lemm.ee 54 points 1 week ago (6 children)

The market reaction is dumb. 90 days bus very little for companies to adapt when years are needed.

I think this but it's just the people seeing his tweet immediately before he lifted the restrictions.

Looks like we are still heading for recession and Treasury bills interest is still jumping up.

[–] leisesprecher@feddit.org 22 points 1 week ago (1 children)

One part is a reverse game of chicken, buy the dippest dip to realize most profit from less dippy dip buyers.

The other part is the assumption that this means the tariffs will never actually come or at least in a much relaxed form.

[–] CanadaPlus@lemmy.sdf.org 21 points 1 week ago* (last edited 1 week ago) (12 children)

The vibe I get is that most elites really don't want to believe the president could be dumb, because that means they could be too. Elites own and/or work with a lot of stocks, and that extends to their investing decisions.

So they figure, sure, it must just be a 4D chess bluff.

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[–] Dead_or_Alive@lemmy.world 4 points 1 week ago (2 children)

I agree this is just market euphoria. We have a lot of systemic issues that have been exacerbated and/or entirely created by Trump.

The core problem is Trump full stop. He is sitting in the White House with nothing but “Yes” men in his cabinet. It’s only a mater of time until he releases his next scheme on the market.

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[–] barneypiccolo@lemm.ee 52 points 1 week ago (1 children)

Have we forgotten that he has done this each month since he was Inaugurated?

He crashes the the stock market with talk of tariffs. The wealthy buys options on the decline, and buy on this massive dip, and in a few days, HitlerPig announces that the countries on his list have responded to his tariff threats, so he is postponing them for a month or so.

The stock market recovers a bit, and the wealthy will make fortune. In a month, he'll do it all over again. This was thebthird cycle since Inauguration.

It's deliberate market manipulation.

[–] reddit_sux@lemmy.world 6 points 1 week ago

It I not ~~illegal~~ Market Manipulation if the president does it

[–] BedSharkPal@lemmy.ca 44 points 1 week ago (1 children)

Thos whole thing is so fucking stupid.

[–] Punchshark@lemmy.ca 14 points 1 week ago (1 children)

Like the majority of muricans

[–] thisbenzingring@lemmy.sdf.org 11 points 1 week ago

as a 'merican... i feel that

but also I'm Lakota and I'm fucking laughing

[–] puppinstuff@lemmy.ca 39 points 1 week ago (1 children)

Speaking from experience in Canada, the 90 days is meaningless. Welcome to the dance of constant tariff threats every two weeks only to backpedal when the market crashes.

He does not have the attention span to wait 9 days let alone 90. This man is a toddler with a flamethrower having a tantrum.

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[–] Ironfist79@lemmy.world 32 points 1 week ago (1 children)

I'm getting really tired of the media misrepresenting reality. Stocks are still down compared to a year ago.

[–] finitebanjo@lemmy.world 4 points 1 week ago

Still down compared to a month ago, but the post was a few days ago where there was one short upward trend for like a couple hours.

[–] The_Caretaker@lemm.ee 31 points 1 week ago

*Global stocks soar as Donald Trump pulls a dump & pump scam with all of his billionaire buddies.

[–] CanadaPlus@lemmy.sdf.org 28 points 1 week ago

For 90 days, if he can resist changing it again that long.

I'm also pretty confused about how Canada and Mexico fit into this, because they said we're included in the rollback to 10%, but we weren't in the original "liberation day" tariffs in the first place.

[–] ThraawnSolo@lemmy.dbzer0.com 24 points 1 week ago

90 days to save up your hard earned money so you can buy the dip again...and again...and again. This is what the old shit stain is doing.

[–] jlh@lemmy.jlh.name 24 points 1 week ago* (last edited 1 week ago)

35% Tarriffs on eu/Asia and 104% Tarriffs on China is still a recession. Other countries arent removing their Tarriffs

The only positive thing this did was show that Trump is weak, so hopefully he'll stay at these rates and maybe he'll be out by the end of the year

[–] Phineaz@feddit.org 23 points 1 week ago

Not specifically directed at OP, but I am sick of those truncated graphs.

Also, fuck Trump. Not in a goof way.

[–] SpiceDealer@lemmy.dbzer0.com 22 points 1 week ago (1 children)

From the article:

The commerce secretary added on X that he and Treasury secretary Scott Bessent “sat with the President while he wrote one of the most extraordinary Truth posts of his Presidency”

Next time I'm feeling down, I'll just remember that someone felt the need to post on Xitter that he helped Trump write down his best posts on some shit social.

[–] uienia@lemmy.world 14 points 1 week ago

The normalisation of that insane shit is something the mass media has to bear a large portion of the responsibility for.

[–] Pyr_Pressure@lemmy.ca 21 points 1 week ago (2 children)

Are investors idiots? He's just going to change his mind again in three days

[–] houseofleft@slrpnk.net 5 points 1 week ago

Tbf, all these headlines miss that indexes like the S&P 500 are still far down from pre-tariff-mania. Investors are more or less updating their views for how screwed the markets are, rather than betting that everything is fine.

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[–] omgitsaheadcrab@sh.itjust.works 16 points 1 week ago

Isn't the 10% still active? This is the oldest negotiation strategy in the book..

[–] NocturnalMorning@lemmy.world 16 points 1 week ago (4 children)

Are we sure this wasn't a pump and dumb scheme by the administration?

[–] deadbeef79000@lemmy.nz 18 points 1 week ago (1 children)

Trump literally said "it's a great time to buy".

So, yes, it is definitely a pump and dump, but it's not only a pump and dump.

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[–] sp3ctr4l@lemmy.dbzer0.com 15 points 1 week ago* (last edited 1 week ago) (1 children)

... Meanwhile, the bond markets are continuing to freak the fuck out, and the yield curve has now inverted and univerted three times before an actual 'official' recession has begun.

For those that don't know, a yield curve inversion is when short term bonds offer a higher yield (interest rate) than long term bonds.

That... it not how that is supposed to work.

Generally speaking, a longer term bond should be riskier due to the amount of things that can possibly go wrong in that longer amount of time, as compared to a shorter term bond that pays itself back in less time, with less time for unforseen nonsense to happen.

Every single US official recession in the last ... 50, 100 years? has occured after first, the yield curve inverts, then it uninverts, and then an 'official' recession follows quite rapidly.

....Except fucking now.

Now we are in a situation where the yield curve has inverted then uninverted three fucking times without an 'official' recession actually starting.

This is unprecedented.

As of right now, the 6 month T Bill and the 5 year T Bond have roughly the same yield, and everything in between has a lower yield, the lowest point being the 2 yr.

... Its supposed to be basically a line going upward on the y axis of yields, as you move rightward on the x axis from shorter to longer term debt/bonds.

The bond market right now is more or less saying we are gonna be in for 2 years minimum of economic decline.

[–] MuskyMelon@lemmy.world 8 points 1 week ago (2 children)

Trump's gonna default on the bonds and the debt to try to reset everything. Ya'll are fucked.

[–] AA5B@lemmy.world 6 points 1 week ago (1 children)

The casino model of doing business except in this case the “license to print money” is literal. No one can screw it up, right? Nah, let’s declare bankrupt and stiff all our creditors, and our debt will be taken care of. Smart. Business. Move

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[–] Tempus_Fugit@midwest.social 13 points 1 week ago

Oh boy all this uncertainty is surely good for their precious economy.

[–] TronBronson@lemmy.world 11 points 1 week ago

Here's a headline. Donald trump orchastrates a stock market crash. Uses his social media company to signal the buy, and release the tariff news. Insiders and truth social followers get rich as markets pump 10% immediately after tweet is released.

[–] theotherbelow@lemmynsfw.com 9 points 1 week ago

Dead cat bounce is a real thing. At best its just increased volatility, which is not good.

[–] DrFistington@lemmy.world 6 points 1 week ago (1 children)

Yup, reverse pump and dump. Knew he was gonna fold his pussy flaps

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[–] gon@lemm.ee 6 points 1 week ago

This is kind of funny tbh

[–] mooncake@lemm.ee 5 points 1 week ago (1 children)

Backs down for a few days Also I'm mad that Tesla is up at 272 now from 221 earlier this morning

[–] taladar@sh.itjust.works 9 points 1 week ago

As if anyone is going to start buying Elon's crap cars again just because Trump suspends some tariffs.

[–] finitebanjo@lemmy.world 4 points 1 week ago* (last edited 1 week ago)

The four major indexes are still down 5 to 30% from yoy average rn.

[–] sircac@lemmy.world 4 points 1 week ago

That’s why the orange toupee said that they were wining millions a day… buy the dip, sell the rip

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