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#wallstreet

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@xs4me2 Given that quite a few on Wallstreet voted for this know nothing imbecile, even though they should have done their home work and been aware of (or just didn't care about) the extremists and cult techbros who would slither into the white house on his coattails - I'm just rolling my eyes at them. They are no smarter than MAGA, no less gullible, no less brainwashed. They just wear nicer clothes. This is what they voted for. IDIOTS. #USPol #Tariffs #WallStreet

#WallStreet rally evaporates as hopes wane for #tariff delays & *deals*

The S&P 500 closed down below 5,000 for the first time in almost a year following Tue's volatile session & a morning rally.

Investor hopes faded for any imminent #US delays or concessions on #tariffs ahead of #Trump’s 104% duties on #China imports starting at midnight.

#economy #inflation #recession
reuters.com/world/us/donald-tr

Mainstream corporate media outlets like #CNN and #WaPo won’t persist with "#WallStreet is doomed” headlines for long. Prolonged negative coverage can hurt their own revenues and stock performance. Sooner or later, they’ll start reporting a “rebound” in the markets—or push narratives that support one. Relying on these platforms for economic insight is pointless, since their vested interests routinely take precedence over facts. Same pattern with corporate media across the world.

Isn't it suspicious how mainstream media and politicians in the US are telling the working class to "tighten their belts" and the "sky isn't falling" and to stop watching the stock market while constantly information dumping about the downward trend!

Remember this mainstream #media double message is intentional to speak to the wealthy and the poor alike. For the wealthy tax cuts and more wealth and austerity for the working class.

Total Chaos

#TrumpTariffs #WallStreet yo-yos in hyper-volatile trade

Wall Street's main indexes fell back into the red in choppy trade after the White House denied reports that #Trump was considering a 90-day pause in #tariffs for all countries except China.
The White House denial came after stocks rose on a CNBC report.
The White House called the reports of 90-day tariff pause 'fake news'

#economy #finance #inflation #recession #trumpcession #idiocracy #kakistocracy
reuters.com/world/us/donald-tr