March 17, 2025
It wasn’t the greatest day on Wall Street today, as the DOW kept some modest gains throughout the day and ended in the positive.
The Dow Jones Industrial Average closed with a positive gain of 353 points, up .85% ending at 41,841.63. But the markets were jittery to say the least, as it was up at one point by 483 points, but in the last minutes of the open market, the DOW dropped.
The one basic reason why it did go into the tank today is because Donald Trump kept his mouth shut and didn’t proclaim more tariffs. But with that said, he promised he was going to make a statement to institute reciprical tariffs on any country that is imposing tariffs on the United States. In an attempt to destablize the markets, Trump will definitely achieve his goal ob April 2nd the date he picked to make the announcment.
Without a doubt, with just a few weeks to go, I can absolutely tell you that the markets will crash on that day.
Recently, Trump has received some very strong pushback fron Canada. The Canadians are not taking Trump’s threats lightly. They have been hurt, insulted, and not respected as a soverign nation by Trump. He claims that Canada does not have anything that we need and that everything that we import from Canada, we can get at home.
How sick is this guy? Does he not realize that Canada delivers at 97% of all oil exports directly to the United States? Doesn’t he realize that presently Canada is supplying electricity to 3 border U.S. states? Doesn’t he realize that Canada provides the necessary minerals that are needed in production of automobiles and computers and most electronics that the U.S. manufactures at home?
Trump has an end goal in mind. At the top of his list are his rich buddies that he wants to give a tax break to. He believes all the cuts he is making in government will pay for the tax breaks for the rich.
He’s gutting many government agencies in an attempt to crash the market so that prices will have to go down. His self induced resession will turn into a Trump depression.
Already, mortgage prices are down by at least 1% across the board, but that is actually a bad sign that Trump is succeeding in his goal to gut America.
Meanwhile, his popularity has hit rock bottom amongst Democrats, and the Republicans, many who have voted for him in the election are not far behind. Many recognize that they made a bad choice. The man that they trusted to FIX the economy is now gutting it.
Many laid off workers and closed businesses within the Federal government are now a reality, and Trump , along with his buddy Musk are not done yet.
Luckily, the courts are stepping in, while Trump has been defying court orders regarding deportations and the Judges involved are reversing Trumps orders to deport people and to close businesses. Trump has presidential immunity, and he’s exercising it, thinking that no judge can touch him as long as he wants to disobey judges orders when he performs illegal actions while under the cloak of the presidency.
As usual, I go off in a tangent sometimes when there is so much news about Trump these days that I can’t stay on topic.
Getting back to the markets, let’s see what another day gives us with tomorrows trading. At the moment, the DOW futures also known as the E-Mini Dow Continuouse Contract is down by 25 points setting at 42,200. Futures begain at 42,225. I will watch it throughout the night and report again in the morning.
