This clip will go down in history: At 4:25 PM ET, S&P 500 futures were trading +1.7% higher. At 4:26 PM ET, Howard Lutnick handed a poster outlining "reciprocal tariffs" to President Trump. Stock market futures fell REAL-TIME as Trump read off tariffs name by name. By 4:42 PM ET, the S&P 500 erased over -$2 TRILLION in market cap. That's -$125 billion per minute.
RECIPROCAL Tariffs take effect April 9th. I expect a lot of negotiations until then and mainly positive headlines to come of it. Market bottom probably close πŸ€·β€β™‚οΈ
πŸ‡ΊπŸ‡Έ TRUMP: WE'RE TAKING BACK CONTROL OF OUR TRADE "China, 67%β€”that's tariffs charged to the USA, including currency manipulation and trade barriers. So we're gonna be charging a discounted reciprocal tariff of 34%. We're taking not the fullβ€”like Sri Lanka, 88%β€”we're gonna charge 44%. How can anybody be upset? We're charging them less." Source: Rapid Response 47
Reciprocal Tariffs
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Chinese absolutely putting out better cars. Same price as a brand new Model Y Tesla
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A cable TV company going up 700%+ on its IPO day in 2025 was not on my bingo card image
Kid Rock reveals how the White House dinner with President Trump, Bill Maher, and Dana White went last night.