Trump announces Economy crushing tariffs, and the Market

[edhopper]

Goes up?
Makes no sense to me.

[Irish_Dem]

1. Who benefits and how?

When you can figure out something, look to motive.

[obamanut2012]

2. The market was closed when he made his announcement

[hlthe2b]

3. Yes. Market was closed.

[Bernardo de La Paz]

4. Thank you for what should have been obvious. . . . .nt

[edhopper]

8. Didn't everyone know

It was coming?

[Bernardo de La Paz]

12. No. If you are going to comment on the markets you will have a lot more success

... if you pay attention to the economics media. Not to get investment advice: it is usually noisy and almost worthless. But to gather info and gain a sense of market sentiment and of what factors are affecting things.


Headline: "Trump's tariffs amount to 'worse than worst-case scenario' as investors brace for stock-market beatdown"
-- from one of the biggest and oldest market news services
https://www.marketwatch.com/story/trump-tariffs-amount-to-worse-than-worst-case-scenario-as-investors-brace-for-stock-market-beatdown-4cf6d5ca?mod=MW_article_top_stories
(like you I am not a subscriber, but I do read headlines and first paragraphs; then I search)

[CharleyDog]

11. the con man waited

for the market to close before his announcement

[Alephy]

5. Futures are tanking now...

After his announcement

[NoMoreRepugs]

6. Pretty easy to drive up the price of futures with all the Billionaires in the admin don't u think?

Timed to coincide with his spewing his lies - then the market will catch up on what the ramifications are and the true direction will start.

[Bernardo de La Paz]

13. Futures are down, NOT up. They are down "bigly". That means stocks are likely to open down 9:30am EDT. Bigly. . . nt

[Mike 03]

7. For what it's worth, Bloomberg Radio is reporting that one of the averages

plummeted 1% in post-market trading, probably because there will be no carve-outs or exemptions. (I haven't verified this but I trust their reporting).

[Bernardo de La Paz]

15. Russia was not on his charts. Afghanistan was given a sweetheart deal

No country with a supposed rate above 20% got hit with less than half from tRump.

Afghanistan is supposedly charging US 49% but they got hit with a sweetheart rate of only 10%, not 25%.

What's up with that?

Stock futures of the SP500, Nasdaq and Dow got beaten down 3%, 4%, and 2% respectively. They have since come back to 2.7%, 3.25%, and 1.9%.

[Quixote1818]

9. Markets were closed but the tariffs may already be mostly priced in

They are why the market is already down so much in March and February.

[Bernardo de La Paz]

14. No. "Trump's tariffs amount to 'worse than worst-case scenario' as investors brace for stock-market beatdown"

That's a headline from the press this evening.

Not priced in.

Declines in Feb and March are due mostly to uncertainty, which has not been clarified today. And due to all the other disruptions to government spending, firings, and deportations. Yes, anticipation of tariffs was a big part of that too.

[Johonny]

10. People made moves based on tariffs weeks ago

Today's market appears to have moved based on the idea Musk is being term limited away from the White House soon.

However, I assume every company reporting 1 qrt results will be having depressing tariff filled guidance for the rest of 2025.