April 4, 2025
The outcome is bleak, just 24 hours after Trump announced tariffs on the world. The stocks closed yesterday with record losses, as the value of stocks within the Dow Jones Industrial Average lost about $2 Trillion in value in just one day. This is a tremendous loss in the U.S. economy. The only one to blame is Donald J. Trump. The guy that was supposed to save the world from a disasterous economy “on day one” as Republicans put it during the elections, now is leading America to a recession. And this is only the beginning. Meanwhile, after Trump reins damage on the stock markets, he decided that he did enough for one week, and he left the White House to fly down to Mar-a-lago to take a hard earned vacation, relax and play golf, while the American people have to try and figure out what’s next. Life savings, 401K’s and people’s lives by the hour are being destroyed and Donald Trump could care less. Companies are already furlowing workers. Trump continuously claims that the country must feel ‘pain’ at first and it will only be in the short haul. He’s lieing again, and he knows it. The pain felt by Americans will be for a long time to come, way after he leaves office.
What he did create is a new world of dis-order. No longer is the world willing to follow America, whom they thought would protect them. Reciprical tariffs from other countries to the United States are soon to come. Expect China to hit back hard. This is what the voters got when they voted for Trump.
So what happened with the stock markets at the opening bell yesterday, March 3, 2025?
It can be described with one word… S H O C K !
The markets begain the day down -1200 points, already a disaster in the making. But the day was just starting, and before it ended, the DOW Jones Stock Exchange dropped -1,679 points or 3.98%. The S&P500 was down almost 5% and the tech market known as NASDAQ was down by 6%.
All three markets posted their largest single day loss since 2020.
So that’s day 1 of the markets since the Trump tariffs began affecting countries all over the world less than a day ago. But in general, since Trump became president, the DOW is down almost 8%, The NASDAQ down at least 16%, and the S&P500 down almost 11%.
All gains in the markets have been wiped out since Trump’s election in November.
And it will get much worse. A graph below illustrates the responses from the 3 major markets in the U.S. since the beginning of Trump’s presidency. The 0% mark is the start of Trump’s presidency. The decreasing markets are not making the U.S. economy any better. The country is now bleeding its wealth. The United States is NO LONGER the envy of the world.
What’s going to happen now with gasoline prices, now that the tariffs are in place? Actually, the tariffs will be responsible for bringing gas prices down. That seems odd, right? Because of the expected escallating trade war, there will now be an unprecidented supply boost from OPEC. Gasoline sales will decrease even with the lower prices, because the cost of everything else is expected to go up so people will travel less. Oil futures were down by 6.6%, never falling that much in a single day since 2022. It settled at $66.95 per barrel.
All of this looks pretty grim, right? Obviously it is, but there still is one more day to go this week. The DOW Futures market is already down -379 points as of 3:47AM, this very moment on April 4th. The sell-off in the markets continue, as the U.S. dollar weakens each and every day. Expect another $2 Trillion dollar sell-off tomorrow, as the markets are heading to bear market territory. This news is unprecidented, as Donald Trump is totally responsible for what’s happening today.