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#dow

46 posts20 participants0 posts today
Continued thread

"I want to suggest today that what we are seeing on Wall Street and in markets around the world is the sudden realization that the president is mentally unstable – that he has dementia, probably – and as a result of that realization, investors no longer have any faith in Donald Trump."

~ John Stoehr

#Musk #Tesla #Trump #economy #StockMarkets #tariffs #Dow #recession #WallStreet
/14

alternet.org/alternet-exclusiv

Alternet.org · Wall Street seems to have decided that Trump is mentally unstableBy John Stoehr
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"But those attacks are only rattling markets and investors more, backfiring on Trump. We talked to one of the best economic commentators out there, Washington Post columnist Heather Long, author of a new piece on how Trump’s 'tariff madness' is likely to drive us into a recession. She explains why the prognosis is so grim—and why Trump is in a bind with no easy way out."

#Musk #Tesla #Trump #economy #StockMarkets #tariffs #Dow #recession
/13

Continued thread

"On Tuesday, largely due to President Trump’s tariffs, the International Monetary Fund downgraded its projections for economic growth in a big way. Meanwhile, we’re already starting to see layoffs. All that comes as new polls show Trump cratering on the economy. Trump is now angrily shifting blame to Federal Reserve Chair Jerome Powell for the tariff fallout."

~ Greg Sargent

#Musk #Tesla #Trump #economy #StockMarkets #tariffs #Dow #recession
/12

newrepublic.com/article/194279

The New Republic · “Madness”: Trump Tariff Lunacy Suddenly Darkens Amid Brutal Poll DropAs the IMF downgrades growth projections and Trump’s approval on the economy slides, economic commentator Heather Long explains why the future looks so grim—with no easy exit for the president.
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"Tesla was once the darling of Wall Street, and Musk was the 'boy genius' who could do no wrong. Those days are gone. Tesla released its financial statements for the first quarter of 2025, and the news was grim. Tesla’s net income was down 71% due to a sharp decline in automotive sales."

~ Robert B. Hubbell

#Musk #Tesla #Trump #economy #StockMarkets #tariffs #Dow #recession
/11

roberthubbell.substack.com/p/t

Today's Edition Newsletter · The protests are working! Just ask Elon Musk.By Robert B. Hubbell
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"The IMF is warning of a non-negligible risk of a $1tn hit to global output, as Donald Trump’s erratic 'America first' agenda – part oligarchic enrichment scheme, part mobster shakedown – collides with a perfect storm of global financial vulnerabilities. ...

The real concern here is not technical dysfunction in treasury markets or the mechanics of the Fed, which are the bedrock of the global financial system."

#Trump #economy #StockMarkets #tariffs #Dow #recession #IMF
/7

Continued thread

"Wake up! When the most sober of global institutions, the International Monetary Fund, abandons its usual technocratic calm to sound the alarm on the political roots of global financial instability, it’s time to pay attention."

~ The Guardian

#Trump #economy #StockMarkets #tariffs #Dow #recession #IMF
/6

theguardian.com/commentisfree/

The Guardian · The Guardian view on the IMF’s warning: Donald Trump could cost the world a trillion dollarsBy Editorial
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"Our standing in the world after threatening to attack our neighbors and allies, breaking our word on international agreements (including those negotiated by Trump first time around), and weakening international institutions hasn’t been lower since America emerged as a global power over 100 years ago. Trust in the U.S., a great source of our strength, is broken."

~ David Rothkopf

#Trump #economy #StockMarkets #tariffs #Dow #recession
/5

davidrothkopf.substack.com/p/t

Need to Know by David Rothkopf · The Donald J. Trump Plan to Stop Donald J. TrumpBy David Rothkopf
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"Trump’s actions have caused what many in financial world are dubbing,
Sell USA.' Stocks, U.S. government bonds, and the U.S. dollar are all sliding at the same time—which is not typical. ... Would you invest in the stock market of a nation run by an autocrat like Orban or Russia?! That is how people increasingly see America from the outside."

~ Dean Obeidallah

#Trump #economy #StockMarkets #tariffs #Dow #recession
/4

deanobeidallah.substack.com/p/

The Dean's Report by Dean Obeidallah · Ali Velshi: Trump has made investors fearful of investing in US and here’s why that is bad for youBy Dean Obeidallah
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"Mr. Trump thinks he can bully everyone into submission, but he can’t bully Adam Smith, who deals in reality. Markets know tariffs are taxes, and taxes are anti-growth. The Trump tariffs are the biggest economic policy mistake in decades, and extending the 2017 tax reform and deregulation may not compensate for all the damage."

~ Wall Street Journal

#Trump #economy #StockMarkets #tariffs #Dow #recession
/2

wsj.com/opinion/donald-trump-j

"The Trump rout is taking on historic dimensions.

The Dow Jones Industrial Average shed almost 1,000 points on Monday and is headed for its worst April performance since 1932, according to Dow Jones Market Data.

The S&P 500’s performance since Inauguration Day is now the worst for any president up to this point in data going back to 1928, according to Bespoke Investment Group."

~ Wall Street Journal

#Trump #economy #StockMarkets #tariffs #Dow #recession
/1

wsj.com/livecoverage/stock-mar

Continued thread

"Trump inherited an economy in remarkably good shape. We’d had 'immaculate disinflation': The inflation spike of 2021-22, largely caused by Covid-related supply chain disruptions, had faded away without a large rise in unemployment.

But Trump wasted no time in squandering the hand he’d been given."

~ Paul Krugman

#Trump #tariffs #FederalReserve #StockMarket #recession #Dow #Nasdaq #dollar
/9

paulkrugman.substack.com/p/sto

Paul Krugman · Stop! In the Name of Trump!By Paul Krugman