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Rhiannon12866

(234,275 posts)
Mon Apr 7, 2025, 08:42 PM Apr 7

'Trump induced economic crisis': Markets continue to drop as major firms raise odds of recession - Deadline - MSNBC



Stephanie Ruhle, Host of the “11th Hour” on MSNBC, and David Gura, Bloomberg News Anchor and Correspondent, join Nicolle Wallace on Deadline: White House to discuss the continued plummet of the stock market as a result of Donald Trump’s tariffs, the lack of confidence that investors have in the Trump Administration's economic policies, and what comes next. - Aired on 04/07/2025.
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'Trump induced economic crisis': Markets continue to drop as major firms raise odds of recession - Deadline - MSNBC (Original Post) Rhiannon12866 Apr 7 OP
Common to see mutual funds and ETFs dropping 1.4% each day bucolic_frolic Apr 7 #1
Quote from the Video Clip CitizenZero Apr 7 #2
That really does say it all and we know that he chose these sycophants over qualified nominees intentionally Rhiannon12866 Apr 7 #3

bucolic_frolic

(50,332 posts)
1. Common to see mutual funds and ETFs dropping 1.4% each day
Mon Apr 7, 2025, 09:05 PM
Apr 7

Great volatility in tech, up 5% one day, down 5% the next. It's beginning to infect foreign funds as well.

 

CitizenZero

(920 posts)
2. Quote from the Video Clip
Mon Apr 7, 2025, 09:32 PM
Apr 7

A CEO quoted in the clip- "He [Trump] has surrounded himself with an incompetent cadre of yes men and women unable or unwilling to offer him cogent counsel." That about says it all. The whole group is incompetent, and the public is suffering because of it. This is bad and is likely going to get worse unless something is done to stop it. At least some Republicans in Congress are talking out against the tariffs, but not enough of them, so far.

Rhiannon12866

(234,275 posts)
3. That really does say it all and we know that he chose these sycophants over qualified nominees intentionally
Mon Apr 7, 2025, 09:40 PM
Apr 7

Our only hope is that Republicans in Congress will finally yield to the pressure and choose their constituents over TFG's threats.

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