Summary

As the stock market plunged Monday due to Trump’s trade wars, he spent the day posting on Truth Social.

The Nasdaq fell 4%, its worst drop since 2022, while the S&P 500 lost nearly 3%. Major tech stocks, including Tesla, saw significant losses.

Trump posted over 100 times, endorsing his tariffs despite investor panic. A White House official dismissed the sell-off as irrational fear.

Commerce Secretary Howard Lutnick insisted a recession is unlikely. Trump avoided a clear recession prediction, calling the economy’s shift a “transition.”

  • Sludgeyy@lemmy.world
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    1 day ago

    One day people will realize that you can make money when the stock market goes down

    Causing it to go down is much easier than making it go up

    Smart people looking to make money on a declining market told him some “smart” stuff to do. He believes it is smart. It is smart for the people that profit. Just hurts so many.

    He believes he is special, like some kind of perfect business man where the “deals” always get done and work out in the end for him.

    He has been used his whole life like a rich monkey to make others money thinking he was the brains behind the whole operation