Updated 7pm – Billionaires Score Best-Ever Day as Stocks Soar on Tariff Pause– The S&P 500 Index jumped the most since 2008 following Trump’s mid-day announcement, reversing steep losses over the past few days and boosting the fortunes of the world’s 500 richest people by an average 3.5%.
Trump Tariffs
It’s not caving.
It’s intentional.
Also, illegal.
Market Manipulation is ILLEGAL
Big day for corrupt insiders.
— David Frum (@davidfrum.bsky.social) April 9, 2025 at 1:41 PM
VERY> VERY> illegal. Not unlike ALL THE OTHER ILLEGAL THINGS.
The tell was that Trump posted it was a good time to buy this am. He needed a few days for friends and fam to get their money in place, bet they made a killing in all this chaos. Such manipulations used to be considered a crime in USA.
— Noel Casler Comedy (@noelcaslercomedy.bsky.social) April 9, 2025 at 2:20 PM
Anyone? ANYONE? Oh wait, no possible way, the grifters are in the game – they ain’t stopping anything.
- Tariff Live Updates: Trump Backs Down on Reciprocal Tariffs for 90 Days– “Stocks immediately made steep gains after President Trump’s reversal. But he said China would not be included, raising tariffs on its exports to 125 percent after Beijing announced a new round of retaliation.”
Looks like this patriot wasn’t one of the ones in on the game.
Gasparino: Let’s be clear what happened, who capitulated here and why? You know, I don’t want to say this because I am a patriot, I am an American, but it is The White House who capitulated based on everything I hear and all my sources
Thought – it is ABSURD to realize that by the time I press publish on this post – with the news happening as I am typing – IT VERY WELL COULD BE SOMETHING COMPLETELY DIFFERENT an hour later if someone is reading.
- Trump tariffs, corporations cower – We asked a simple question: Do you support or oppose the tariffs Trump announced on Wednesday? – And yet, no company was willing to respond…A government where people are afraid to criticize the policies of its leaders, fearing retribution, is not characteristic of a democracy.
- Yes, They Were Warned – “Nobody,” he wrote last week, “knew how bad.” Nobody? [Lord, give me strength. Really.]
- Trump’s Tariffs Aren’t Economics. They’re a Cultural Purge- “Trump’s tariffs aren’t just bad economics. They’re a declaration of economic war on the half of America that didn’t vote for him. This is deliberate and strategic.
When I checked in overnight – there was LOTS OF TALK ABOUT bond markets and treasury yields – economic indicators pointing towards RED ALERT – but now, it’s just Wednesday.
Except for China – RED ALERT there. 125% up from 104% what a shitshow.
Wednesday.
— All Things Jennifer (@allthingsjennifer.bsky.social) April 9, 2025 at 3:23 PM
Both China and the European Union have slapped retaliatory tariffs on the United States.
Trump’s idiotic tariffs (and his general misunderstanding of how they work) have unleashed a new global trade war.
Buckle up — because In a trade war, there are no winners. Watch
— Robert Reich (@rbreich.bsky.social) April 9, 2025 at 1:26 PM
Those trying to understand the tariffs as economic policy are dangerously naive.
No, the tariffs are a tool to collapse our democracy. A means to compel loyalty from every business that will need to petition Trump for relief.
1/ A 🧵 to explain his plan and how we fight back.
— Chris Murphy (@chrismurphyct.bsky.social) April 2, 2025 at 11:29 PM
Senator to Investigate Trump for Insider Trading– “I’m going to do my best to find out. Family meme coins and all the rest of it are not beyond insider trading or enriching themselves. I hope to find out soon.” – Adam Schiff
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