Dow futures are currently at -640.

This isn’t normal.

But it made a lot of people rich from insider trading. Last time I checked Walmart and most of the crap on Amazon all come from China.

And yeah...the DOW tanking this morning.

Pictures are available

https://www.politifact.com/factchecks/2025/apr/08/tweets/trump-hassett-tariff-pause-stock-market-rally-x/


X posts
stated on April 7, 2025 in posts on X:
Says Kevin Hassett, National Economic Council director, said, “Trump is considering a 90-day pause in tariffs for all countries except China.”

An electronic display shows financial information on the floor at the New York Stock Exchange in New York, April 7, 2025. (AP)

…snip…

X accounts significantly exaggerated a noncommittal response from National Economic Council Director Kevin Hassett about the possibility of a 90-day tariff pause. CNBC anchors repeated the unconfirmed information and later aired a correction.

The White House X account called the speculation "fake news."

Searching Google and the Nexis news database, we found no credible reports that the Trump administration ever publicly considered a 90-day tariff pause.

after which the market shot up, with a new CNBC breaking banner in ALL CAPS about the sudden market swing. And then eventually the market dropped again as it was apparently claimed to have been a "false rumor". Then came finger-pointing between CNBC and Reuters.

How a false X post about pausing tariffs led to multitrillion-dollar market swings

Reuters Retracts Bogus Report That Trump Was Considering Tariffs Pause

Link to tweet

As usual, he's not even trying to conceal his naked greed.

It's THE ONLY consideration that should be made long before any others.

I am sorry for those that are. If I were you, I would get a class action lawsuit going against the Pump and Dump Administration.

you have people (notably those working for municipal/county/state/federal government entities, but also other non-governmental businesses) whose money is in pension funds, some of which includes stocks).

One of the few times I made a move that kept me from disaster. I am usually on the losing side.

It only needs to tank another $8. Down $30 right now.

They thought the Il Orange Duce was going to shower them with gold, but it turns out that it was just golden showers.

Thank you for this. It is essential that people understand what is happening, and this is exactly the type of information needed.

in the WH. So how can anyone be sure that the gains and/or losses are truly valid, that normal stock market patterns/movements are in fact valid and true? Don't invest in the markets. You would be playing into the hands of these thugs and could lose everything, w/o a valid reason other than the fact you're caught on their wrong side.

The markets need to adopt immediately that when manipulation like this happens, the markets need to immediately close down, and all trades timed at and after tRUMP's announcements backed off.

and is taking the majority of the Supreme Court along on the ride. IDK what recourse Schiff has against this, but I'm glad he's trying to fight. At the rate this is going none of us will have anything left in our portfolios.

He cares about nothing else.

and has not been cowed by Dump.

Next time, how many people will buy when he tells them to?

We now live in a "command economy". Trump calls all the shots. How long can this go on?

Well before the last election Musk was accused of market manipulation, around the time of his twitter acquisition, and before. He was sued by "investors who claim that Elon Musk's repeated attempts to buy Twitter Inc. in 2022 were an effort to manipulate the company's stock value.". He refused to give a deposition. There were further accusations during and after the purchase. This is in addition to the previous SEC lawsuit against Must for market manipulation.

Leading up to the last election, Musk said to Tucker Carlson "If Trump loses the election, then consider me gone. How many years do you think I will be in jail? Will I be able to see my children? I don't know.'.

He confessed to Tucker that he had a LOT of fear that something could come to light if Trump didn't win.