#TrumpMarkets
I find myself agreeing with (checks notes) Rand Paul (with differing motivation). Tariffs are generally bad. Still - feels weird.

#trumptariffs
#trumpmarkets
#trumpeconomy
#muskmarkets
#muskeconomy
#DOGEmarkets
#DOGEeconomy
#GOPenablers
#GOPtariffs
#GOPmarkets
#GOPeconomy
RAND PAUL: “.. When McKinley most famously put tariffs on in 1890, [the GOP] lost 50 percent of their seats in the next election. When [Smoot and Hawley] put on their tariff in the early 1930s, we lost the House and the Senate for 60 years.”

@washingtonpost.com
t.co/ONtPfv9On2
April 4, 2025 at 4:38 PM
VIX (volatility index) 5-year chart

Today’s 40 is just shy of the five-year max. Looks like markets are moving into the “freak-out” zone.

#trumptariffs
#trumpmarkets
#trumpeconomy
#trumppolicies
#muskeconomy
#DOGEeconomy
#GOPtariffs
#GOPmarkets
#GOPeconomy
April 4, 2025 at 12:20 PM
George HW Bush (R) got us mired in a recession. Clinton (D) got us out.

George W Bush (R) got us mired in a recession. Obama (D) got us out.

Trump (R) got us mired in a recession. Biden (D) got us out.

Trump (R) is yet again ushering us into a recession.

Starting to notice a trend?
April 4, 2025 at 4:39 PM
The stock market has now lost over $9 trillion in value since Trump took office this year.

$5 trillion of that loss has been in the past two days.
April 4, 2025 at 4:30 PM
Wow, he actually admitted he did this. He operated on the American economy with no anesthesia using rusty instruments.

The patient might have lived, but it will die from sepsis.

#TrumpMarkets, #StockMarket
April 3, 2025 at 3:09 PM
Here we are on Liberation Day +3

What a mess! We seem to be missing the imaginary rational Trump supported by so many business leaders

#trumptariffs
#trumpmarkets
#trumpeconomy
#muskmarkets
#muskeconomy
#DOGEmarkets
#DOGEeconomy
#GOPenablers
#GOPtariffs
#GOPmarkets
#GOPeconomy
#ceoenablers
Financial and business leaders have long believed in an imaginary version of Donald Trump, a version they can support—more strategic, less impulsive, someone who thinks like them.

With massive tariffs, they're finding out how wrong they were the hard way.

My latest, in Arc Digital:
Tariffs Expose Wall Street's Misplaced Faith in Trump
Bankers and business leaders imagine a more reliable, less protectionist version of the president than the one that actually exists. Now they're finding out the hard way.
www.arcdigital.media
April 4, 2025 at 5:33 PM
April 4, 2025 at 8:31 PM
To summarize…

The market is the market. It will not be bullied into compliance with Trump’s, Musk’s, or anyone else’ wishes.

#trumptariffs
#trumpmarkets
#trumpeconomy
#muskmarkets
#muskeconomy

#GOPenablers
#GOPtariffs
#GOPmarkets
#GOPeconomy
Thinking about this quote, from JPMorgan's Michael Cembalist, today:
www.jpmorgan.com/insights/out...
April 4, 2025 at 12:58 PM
If only the Constitution granted the legislature power to regulate commerce with foreign nations
Cruz: Tariffs are a tax on consumers, and I'm not a fan of jacking up taxes on American consumers.
April 4, 2025 at 12:52 PM
#TrumpMarkets crash again and you #UneducatedMagats voted for cheaper eggs.
April 22, 2025 at 7:19 AM