The Stock Wrap-up for Tuesday March 4, 2024

March 4, 2025

No one should be suprised. This outcome has been inevitable, but it was preventable. The following note found on ‘The Daily Beans Podcast’ says it all.

I don’t say this lightly. All you have to do is look at the trending data from the U.S. Stock markets. The DOW dropped 680.23 points or 1.55% just today alone, because our president decided to activate tariffs he’s been threatening for the last 6 weeks. The S&P 500 dropped 1.22%, and the Nasdaq Composite shed 0.35%. The Nasdaq, which is tied closely to tech-heavy industry, dipped more than 2% at its lowest point and came within striking distance of correction territory, which is a term that refers to an index falling 10% from a recent peak.

So it’s happened. Since March 1st, the trend has been spiraling downward. The State of the Union Address comes tonight, and it will be very eye-opening on how Trump will portray the State of our Union. Before it even happens, I can assure you that his speech will be filled by lies. The Republican Senators will applaud him. The Democratic Senators will stay silent. Has even one Republican Senator helped even just one of their constituents. Find me the proof and I’ll believe it, but there is absolutely no proof that any Republican lawmaker who is following Trump, is helping ANY of their constituents.

Yesterday, the markets were signaling to the American people what was about to happen today. Many Americans have decided to run this out, but what will they have to loose to ride this wave of stock market sell-offs before they realize that it is going to affect them, even though they voted for this president.

Then, it will be too late. The question now is what is it going to take to prevent a further free-fall. It’s normal for the stocks to go up and down. That’s what’s great about our economy. But in the end, they should always go up more than they have been going down, and there is just no indication in the foreseeable future to say that the declines will reverse any time soon.

I know that this report is very glim and bleak, but as they say, “it is what it is.” These are the facts. We are now living a World Wide Trade War in this year of 2025, initiated by Donald Trump himself, for all of his rediculasly foolish reasons.  This situation should have never come about, but it has.

 

What has Trump done for Russia lately? What has Trump done to help Americans?

March 4, 2025

For starters, Trump’s actions directly benefit Russia. For example, he is limiting enforcement of foreign agents. He has disbanded the task force to fight foreign interference in elections. He has closed the Justice Department Kleptocapture Unit which was responsible for providing and initiating sanctions against Russia, and he has shut down the U.S. Agency for International Development (USAID).

Last week, Trump ended U.S. support of the Ukraine Energy Grid. Trump is now siding with Russia in UN resolutions on Ukraine. He is advocating for Russia to rejoin the G7. Recently he held U.S. – Russia talks in Saudi Arabia as Ukraine was not invited, and Trump says he is looking forward to meeting with Putin once again.

Trump appointed Kash Patel as his FBI director. There have been mass firings at the FBI and the CIA and he has suggested breaking up 5 eyes intelligence sharing, that’s when 5 countries share their intelligence to help keep the world safe.

Does any of this seem to be good for America. The answer is an obvious NO.

The United States is no longer acting as a democracy. Donald Trump is not acting as the leader of the free world. Donald Trump is now siding with a dictator, and he is willing to allow his dictator friend Putin to completely destroy Ukraine and make the land part of Russia.  If Russia is successful, I would predict that Putin will now call his country the Soviet Union once again. And I do not believe that Putin is finished with his aggression after he concurs Ukraine with the help of the United States. If that were to actually happen, the United States would deserve the same fate as Russia did years before. The United States should be kicked out of the G6.

NATO is the only thing standing in Vladimir Putin’s way to take over the world. The United States is proven to be weak country, and will now implode within with Trump tariffs that will affect Americans. Trump indicated that he may even pull out of NATO, which would be a direct blow to the security of the United States and to the rest of the free world.

So this is what he has done on the foreign front and what he’s doing to Americans directly. But I expect so much more damage  to be done within the country which all begins with the tariffs that have gone into effect just today against Canada, Mexico and China.

There is one thing that not to many people are taking about. But they soon will if my prediction of the future becomes reality.

Before I state this idea I believe will come fact, please understand that this is only my idea and my vision for the immediate future of America.

I PREDICT A TOTAL FAILURE OF SOCIAL SECURITY WITHIN 3 MONTHS. That’s after Trump completely wrecks the economy in this short period of time. I hope I’m wrong. Immediately after, a recession will follow.

Yes, many people will laugh at this statement saying that I’m crazy for making it. But what if I am right?

There are so many disgusting things that Trump has done in the first 6 weeks of his 2nd term as president, that it’s hard figure out what is worse than the other. The fact is that he has done nothing for the American people, except for them to loose jobs and a sustainable living wage. All because he claims he wants to eliminate waste starting with the government, and he doesn’t care who he hurts in the process.

Tuesday – The Day of Recogning

March 4, 2025

It didn’t take a rocket scientist to predict what was about to happen today. The DOW dropped nearly 500 points today and the markets are not even closed yet, and the Nasdaq is flirting with correction territory. Why? Because Donald J. Trump has foolishly initiated a trade war.

People close to me, including my wife have been checking their stock values all day. My wife is upset, but I informed her that this day was coming. In a single day, she lost $500.00 in less than 4 hours. The markets have a few hours to go.

U.S. stocks saw losses mount on Tuesday as our felon president, Donald J Truimp put tariffs on key trade partners, which our partners were waiting for a signal to initiate their own tariffs on the United States. So what we have now is a global trade war and escalating fears of the national economy cracking.

Our fearless president instituted 25% duties on Canada and Mexico that took effect at midnight. Trump also slapped an additional 10% tariff on Chinese goods.

Monday’s plunge in the market didn’t phase Trump, because it ONLY amounted to a 1.2% drop. That drop was about 650 points. The S&P shed .8%. But that small percentage amounted to millions of dollars lost.

Nasdaq Composite didn’t feel the crunch as much, as they were cushioned by gains by Nvidia and Alphabet.

In reality up until today, the trading was not as bad as it will start with today’s free fall. That’s because the traders really weren’t sure if Trump would pull off this sick stunt, but now he has.

After Trump imposed tariffs on Canada of 25%, Justin Trudeau initiated their retaliation tariff on the United States of 25%. So what does Trump do? He said that he would add even higher tariffs on Canada.  So what’s next? Will oil now be cut off by Canada? Before Trump became president, Canada was exporting 97% of all of their oil production to the United States. No tariffs, as a result of the Trump USMCA agreement made by Trump and his neighbors of Canada and Mexico. But Trump has decided that he would no longer be bound by the USMCA agreement, the one that he instituted and our neighboring countries accepted during his first term.

Trump is no less than a RAT. He is undermining our economy, and hurting the world with his selfish actions. The markets were at an all-time high before he came into office. Now they are tanking. Millions and millions of dollars of investments by Americans have already been thrown out the window. Some Americans will never recover from this.

Trump was right when he stated that the country will feel ‘PAIN’. Is this what the people elected him to do? What about lowering prices for the middle class. What about NO TAX ON TIPS. Oh wait. The only thing Trump wants to do is help is rich friends with tax cuts.

I am making a very bold prediction here. I can feel it in my blood. If things continue with the way things are going with the economy, things like Social Security can fail within the next 3 months. You can laugh at this prediction saying that you have been paying into the fund your whole life. Well if that doesn’t get your gander up, nothing will, because I have been predicting this day for the last 6 weeks, and noone, not even my close friends and family members beleived it would happen. But here we are. Actually, I was suprised that my social security check arrived on time this month. Again I hope I’m wrong.

I will give another update here when the markets close later today. In the meantime, I need to console my wife as she is pretty upset with her investment strategy at the moment.

 

The Dow is Free-Falling and Tariffs now on the Horizon that will Hurt Americans

March 4, 2025

The first week in March is proving to be a very volatile week regarding the economy. On Tuesday at 12:00AM, Trump claims that 20% tariffs will go into effect for Canada and Mexico, and another 10% on China.

On Monday, the markets responded negatively regarding the threat of tariffs actually going into effect.

On Monday morning the DJI Index (Dow Jones), opened up at 44,900.49. But as expected, the markets dropped to a low of 43,160.68, which was a 1.55% loss with the final figure for the day being 43,160.68. That was a total loss in one day of 680.23 points.

But at market open, the market shot up to 44,033.8, because of Tesla and BitCoin. But it took less than 30 minutes for all of the gains to be sold off, and the Dow Jones Industrial Average went into the negative and never really came back.

Dow futures on Tuesday morning are looking positive, but not nearly as much as the futures were on Monday morning.

So what does ‘futures’ mean. Actually, the idea of what it means is fairly simple. Futures is a birds eye view of what will happen at market open. So you may wonder how anyone would know if the markets are actually closed until 9:30AM ET in the United States. That’s because the markets in the U.S. follow the markets that have been open at least 6 hours before the markets opened in the U.S. The U.S. markets will follow  what is going in Europe at 9:30AM E.T.

The prediction now since the markets are now open in Europe, is that the markets will open slightly higher than Mondays closing figure. But unfortunately, the markets are expected to free fall even more than what happened on Monday. Why? Because Trump will initiate the tariffs on midnight before market open. To make it worse, Trump cannot help himself by making crazy announcements when he addresses Congress on Tuesday night on Prime Time TV.

Expect a very volatile day regarding the markets, and another day of crazy sell-offs on Wednesday, after what I can already call a disastrous speech, full of lies and false promises that only Donald J. Trump would give on such a stage, because he is hungry for attention.

Regarding Ukraine, several Congressmen cozied up to the president of Ukraine during his visit to the White House will openly turn against him when Trump claims he will no longer support the war in Ukraine when he speaks on National TV on Tuesday night. As of Monday, Trump has stopped all military support for Ukraine. All shipments are stalled unless Trump allows them to continue to Ukraine to help fund the war. Stopping supplies to Ukraine gives Russia a logistical advantange in the war.

On top of this, Trump is siding with Putin of Russia and is expected in the next few days to give monetary relief to Russia. What does this mean? It means no less that Donald Trump has done an about face with American policy regarding Russia and Ukraine. Trump has decided to change sides and now support Putin. No other president in American history has every done such a thing. He is the ONLY American president that has sided with Russia in a war. The United States has never sided with a country that attacked a Democratically controlled country. The president has decided to not support the Democratically elected president of Ukraine, but instead support a dictator and murderer named Putin.

This, on top of what Trump is openly doing to our economy, will set the United States back for years, with the economy, and with relationships to other countries, especially our closest neighbors, Canada and Mexico.

There will be daily updates on this website regarding the economy, and a report of Trumps talking points with his message to Congress which will be televised on Tuesday night.