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#wallstreet

15 posts10 participants1 post today
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Nonilex

#Kleptocracy, Inc.

Under #Trump, conflicts of interest are just part of the system.

By @anneapplebaum

As the #StockMarkets crashed on Fri, April 4, Donald Trump left Washington, DC. He did not go to NY to consult w/ #WallStreet. He did not go to Dover, Delaware, to receive the bodies of 4 American servicemen, killed in an accident while serving in #Lithuania.

#USpol #GiftArticle
theatlantic.com/ideas/archive/

The Atlantic · Kleptocracy, Inc.By Anne Applebaum
Replied in thread
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Nathaniel Gregory

Even if a #Progressive is elected, hypothetically speaking, they won't be able to do the shit they say cos they'll be backed into a corner.

#Congress, #Politicians & #Corporations & #WallStreet will not let it happen.

A tiny minority of people still get a say, there's still #exploitation, there would be a #CapitalStrike which would lead to #civil unrest and possibly a coup to take power back for #capitalist class with the forces of the #reactionary.

youtube.com/watch?v=TRq3pl17C8M

YouTubeWhy Social Democracy Isn't Good EnoughBy Second Thought
Continued thread
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William Lindsey :toad:

"Wall Street fund managers are concerned that Trump might be clinically insane. The New Republic highlighted recent statements made from managers who think that Trump’s behavior indicates he might’ve lost his marbles."

~ Ron Filipkowski

#Trump #fascism #immigrants #military #tariffs #WallStreet #StockMarket #MentalStability
/11

meidasplus.com/p/today-in-poli

Meidas+ · Today in Politics, Bulletin 110. 4/11/25By Ron Filipkowski
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beSpacific

University of Michigan’s closely watched #ConsumerSentiment index nosedived to 50.8 in April from 57 last month. Sentiment is now at its second-lowest level in history. Expectations for #inflation also hit the highest level in 44 years, according to the survey. Meanwhile, #WallStreet executives warned #tariffs were sending the U.S. #economy into the unknown and that the uncertainty was already hurting #consumers and companies alike. data.sca.isr.umich.edu/fetchdo #insidertrading #economy #finance #maga

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Nonilex

#WallStreet continues fall

Wall Street's indexes opened lower on Friday as #markets assessed the latest escalation in #Trump’s #TradeWar, with #China increasing its #tariffs on #US imports to 125%.
The Dow Jones Industrial Average fell 100.2 points, or 0.25%, at the open to 39493.42.
The S&P 500 fell 12.5 points, or 0.24%, at the open to 5255.56​, while the Nasdaq Composite dropped 28.8 points, or 0.18%, to 16358.532 at the opening bell.

#economy#inflation#recession
Continued thread
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William Lindsey :toad:

"I hope MAGA investors enjoy the crisis they caused. Right-wing financiers thought Trump would unleash prosperity. Instead, his tariffs are nuking the markets."

~ Ryan Cooper

Germany's business leaders put Hitler into power because they imagined they could contol him and get what they wanted from him. And then….

#Trump #tariffs #economy #StockMarket #crash #destruction #recession #WallStreet #billionaires
/11

prospect.org/economy/2025-04-0

The American Prospect · I Hope MAGA Investors Enjoy the Crisis They CausedRight-wing financiers thought Trump would unleash prosperity. Instead, his tariffs are nuking the markets.
Continued thread
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William Lindsey :toad:

Heather Cox Richardson on the "Wall Street billionaires" who put Trump into office now trying him to back off from the tariff madness:

"With Trump’s extraordinary tariffs now threatening the global economy, some of those who once cheered on his dictatorial impulses are now recalling the checks and balances they were previously willing to undermine."

#Trump #tariffs #economy #StockMarket #crash #destruction #recession #WallStreet #billionaires
/9

heathercoxrichardson.substack.

Letters from an American · April 8, 2025By Heather Cox Richardson
Replied in thread
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Nomdeb

@xs4me2 Given that quite a few on Wallstreet voted for this know nothing imbecile, even though they should have done their home work and been aware of (or just didn't care about) the extremists and cult techbros who would slither into the white house on his coattails - I'm just rolling my eyes at them. They are no smarter than MAGA, no less gullible, no less brainwashed. They just wear nicer clothes. This is what they voted for. IDIOTS. #USPol #Tariffs #WallStreet

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Nonilex

#WallStreet rally evaporates as hopes wane for #tariff delays & *deals*

The S&P 500 closed down below 5,000 for the first time in almost a year following Tue's volatile session & a morning rally.

Investor hopes faded for any imminent #US delays or concessions on #tariffs ahead of #Trump’s 104% duties on #China imports starting at midnight.

#economy #inflation #recession
reuters.com/world/us/donald-tr

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