if tariffs are so amazing, why are the markets tanking?

[HikerGuy83]

Oh sure, hysteria has caused the market to lose $4 trillion dollars, has caused the billionaires to lose $400 billion and has caused Musk to lose $91 billion (1/3 or his net worth). This big in-the-know people are induced by hysteria, right?

The hysteria is passing.

Sucks to be wrong....but you are good at it.

 

[Oddball]

So, here's the deal. Today, the NASDAQ and Dow Jones had their worst quarter since 2022. That's right. things are looking pretty grim. And yet, some fellow Trump supporters are still out here singing the praises of Trump's tariffs like they're the best thing since sliced bread. But if these tariffs are so amazing, why are the markets tanking?

At the end of the day, the stock market doesn't lie. If Trump's tariffs were really the economic miracle some people claim, we wouldn't be seeing this kind of downturn. So, to all the tariff lovers out there: maybe it's time to rethink your stance. Or at least stop pretending the stock market isn't screaming at us to do better

Stocks close out their worst quarter since 2022 amid tariff uncertainty

The S&P 500 and the Nasdaq logged their worst performance since Russia’s invasion of Ukraine slammed into the global economy.

www.nbcnews.com

This OP aged like fine milk...

 

[Oddball]

Oh sure, hysteria has caused the market to lose $4 trillion dollars, has caused the billionaires to lose $400 billion and has caused Musk to lose $91 billion (1/3 or his net worth). This big in-the-know people are induced by hysteria, right?

Annnnnnnd it bounced right back again.....

 

[HikerGuy83]

So, here's the deal. Today, the NASDAQ and Dow Jones had their worst quarter since 2022. That's right. things are looking pretty grim. And yet, some fellow Trump supporters are still out here singing the praises of Trump's tariffs like they're the best thing since sliced bread. But if these tariffs are so amazing, why are the markets tanking?

At the end of the day, the stock market doesn't lie. If Trump's tariffs were really the economic miracle some people claim, we wouldn't be seeing this kind of downturn. So, to all the tariff lovers out there: maybe it's time to rethink your stance. Or at least stop pretending the stock market isn't screaming at us to do better

Stocks close out their worst quarter since 2022 amid tariff uncertainty

The S&P 500 and the Nasdaq logged their worst performance since Russia’s invasion of Ukraine slammed into the global economy.

www.nbcnews.com

Ooops.

Dow opens pretty good this morning.

Don't quit your day job.