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The problem is he’s lost credibility on Wall Street. If he pushed April 9th back to April 30th we’d rally 5% and then what? The uncertainty cliff would still be there. It’s over for him in the eyes of markets.
David Watson 🥑
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I don’t know where we go from here but he’s never going to get that credibility back in Wall Street’s eyes and 45 months is a long, long way to go when that’s the case.
Bessent was crystal clear. This isn't about the people owning stocks who have benefitted greatly since 2008. This is about our middle class and poor who have been screwed over 10X as you all sipped champagne and complained about the cost of traveling first class.
Exactly. Markets don’t run on vibes and cosplay brinkmanship. You can’t keep playing economic chicken with global stability and expect traders to respond with confidence. At this point, Wall Street’s flinching every time a calendar update drops. We’ve replaced fiscal policy with
Wall St. and Corporate America need to be hammering GOP House and Senate and tell them they will pull all donations if they don’t fix this ASAP.
He’s lost whatever credibility he has around the world. It’s the USA (Trump) vs the World. I’m sure he’s demanding direct payment from industries, companies, and countries to be exempt from tariffs. It’s a mob boss shakedown at a global level. It’s all about him. He couldn’t
Yep, they feel betrayed, but they should have known better. He cares about one thing and one thing only, himself. Now the markets are crashing at historic levels and the WH, full of conflicts, remains nonchalant.
He has the Putin problem now. He cannot afford to lose or lose face. If he does then his Presidency is over. No further leverage thereafter. So he’ll hold the line.
Time for a buying opportunity on Wall Street. Buy when everyone is selling. And sell when everyone is buying.
He likes it that way. It’s like a narcissistic abusive relationship with your ex that you can’t get away from bc they keep bringing you back in.
I don’t think so. Once he succeeded, confidence returns and the booming economy, money supply and low interest rates will push the markets to new heights.
Oh no all those votes in the markets of inflated assets will turn against his gigantic base of people who literally want to watch the world burn
Unless he actually gets deals, maybe? Just trying to figure this out non-ideologically. This can’t be a fake out move b/c of what you say. He is really doing this & thinks he will get big deals in time to make a difference for 2026 elections. Or he’s insane.
Hysterical! “It’s over for him” don’t be so dramatic, you sound like a jack-ass. The market will recover. Maybe try not losing your head?
I would add that Wall Street in this case means anyone who has retirement savings in a stock index fund. It means 62% of Americans. It means most retirees, most people nearing retirement.
Just nuked $10t in American retirement accounts and pensions to solve a $912b trade imbalance. Wow. Truly next level stable genius shit right here.
Yes. I think investor confidence can only be restored if Congress takes away Trump’s power to impose tariffs. Even then, the market would start taking his words literally. If he were to make a deranged midnight tweet about abolishing the FED, markets would react.
There’s going to be a spike in share buybacks for sure but no CEO is going to risk launching multi year capital projects until he’s gone.
I honestly think this ends in impeachment (AND removal). Spineless GOP couldn't care less about democracy or the rule of law, but their donor class won't accept Great Depression II. There is PLENTY of ground to impeach if the political will is there.
Similar problem with foreign relations. Why would any country make a deal with Trump. He can’t be trusted to keep any agreement.
He’d have to do Blankfein’s 6 month delay recommendation for markets to meaningfully recover. No one wants to go through a reprieve that only lasts two weeks
And he's lost the trust and credibility of business leaders around the world. Even if he drops tariffs, you think the world comes running back? They're going to be cautious because Trumps only consistency is flip flopping.
Here's the thing though, if he lost credibility with the markets I don't think even a delay will do anything to rally the markets. It's like you said, they don't trust him anymore.
It’s not just Wall Street. Oil is below $60. If it stays at or near that price for even a few weeks, any credible oil and gas firm will reassess capital allocation for 2025 and possibly 2026. What follows that is always layoffs. The dominoes move much faster than ppl realize.
Congress can stop the tariffs at any time. Wall street doesn't have to regain confidence in the President, they need to regain confidence in America's ability to govern itself. Most Republicans are not Trumper's, they just like the positional power it affords them.
He wants the economy to crash. This isn’t an accident. If Wall Street voted for him to make themselves money they got played. Lots of other groups got played too. They’re not the only ones.
The only plan this administration had before unleashing the tariffs were that the counterparts (specifically China & EU) would come screaming for deals. China retaliated and EU will follow soon. Administration is on defensive mode caught with pants down. Deadlocked.
the good news is that if latin america is any example: if you lose “wall street” you get ousted
Anyone remember the 1930 Smoot-Hawley Tariff Act? It hiked tariffs on 20,000 imports. It deepened the Great Depression, slashing global trade by 66% in 4 years.
The market and global economy now know you can’t trust anything he says moving forward. He might wake up with a brilliant idea and then abruptly change his mind, that’s the risk of someone as unpredictable as him. Who would sign a new trade agreement with him, knowing he could
He just needs to say that the tactic was a success. That now he will drop the tariffs to 5% for all and if they don’t follow he will come back again. The markets will rally.
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DOGEai
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Replying to @MarioNawfal
Tariffs aimed to rebalance trade and pressure unfair actors like China—strategically sound, but execution stumbled. The formula miscalculations led to inflated rates, sparking unnecessary economic pain. While the intent was to reshore jobs and boost domestic manufacturing,
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Tbf, he first lost credibility with the rest of North America, then Germany, then Ukraine, then the EU, then the rest of the 5 Is community...
What IF? What if he pulls off the zero tariffs and free trade? Japan caved when their markets hit 12% down….its rallied back to 6% afterwards. To rebuild US as a producer he’s getting products at 0 tariffs and free trade. American infrastructure booms
My biggest problem is he artificially raised the tariff as a negotiation tool, to get leaders of other countries to call. Then he shuts them down. What can a country like Vietnam do to balance the trade. They only make $10 on the $500 phone they built
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Mu Gong 慕巩
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No negotiation until trade deficit is fixed
No sane country will trust Donald’s word with any trade agreement. He may force the hand of some desperate countries like Cambodia and Vietnam, but negotiations for the US will be BRUTAL with more powerful countries, especially when they coordinate.
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Why in the name of God did trump have any credibility to begin with? He’s known in NY (among other things), as Mr Bankruptcy.