Summary
U.S. stock futures dropped sharply Wednesday evening after Trump announced sweeping global tariffs, including a 10% baseline on all imports and 25% on autos.
As of 6:30 p.m. ET, Dow futures fell 2.43%, S&P 500 futures 3.60%, and Nasdaq futures 4.46%, contrasting with modest gains earlier in the day.
Trump framed the move as “Liberation Day,” but investors and economists raised alarms.
Goldman Sachs now sees a 35% recession risk, citing falling consumer confidence and the administration’s readiness to endure short-term economic pain to advance its trade agenda.
It takes a special kind of stupid to schedule a recession.
He starts to remind me of Liz Truss, afraid he won’t leave office as soon as she did tho
Trump already outlasted the lettuce, unfortunately.
… even though the fat asshole would never eat one.
I’d rather have the lettuce as president.
Liz lasted like 2 weeks or something.
A scaramucci
Who?
https://en.wikipedia.org/wiki/Anthony_Scaramucci
Bro looks like a cartoon version of himself converted back to a real person.
It’s obvious that this is exactly what they want to do. The question is why.
Is this just a great ploy to buy the dip?
Implode the world to bring about Jebus.
Not sure if joking but yes exactly.
And daddy Putin wants it.
Not for his and his oligarch’s aims