March 13, 2025
It’s mid-day, and the DOW Jones Industrial Average is sinking as was expected. Compounding the normal profits and losses throughout the day, Donald Trump has been the catalyist that has been swinging the markets in their downword tumble since his election. The DOW is down by some 530 points at this writing or 1.3% for the day, so far. It’s been as low as 40,661.77 and a high of 41,360.12. It opened at 41,280.05. Stocks specifically hit were shares of Salesforce and Home Depot.
Those numbers are drastic, but Trump has been compounding the matter with his tariffs. Last night, the aluminum and steel tariffs went in effect on all imports worldwide.
Market volitility has been rampent throughout the last couple of weeks. There is no sign that things will get better, as the DOW heads for the worst week since March, while the S&P500 and Nasdaq are on track for the worst since September.
It’s all about numbers when it comes to traders. But it’s all about money when it comes to every day people. People’s retirement (401k) and life savings are being hit, meanwhile, Treasury Secretary Scott Bessent tells investors to focus on the long term. Really?!\?$/!//?
The big question is, can people survive through all this? Prices are going up. If you have a 401K right now, you will recognize that it’s in a tail spin, indicating that your savings right now is being directly attacked by what’s happening on the markets. That’s why I’ve been extremely focused on the markets like a laser beam in my most recent posts.
Here is what Treasury Secretary Scott Bessent said in an interview on CNBC.
“What we’re trying to do is create economic certainty. We’re going to do it with the tax plan. We’re going to do it with deregulation.”
Economic certainty for who, and the big question is when? Is this what Trump ran on? He won the presidency because people believed that he could turn our economy around. Around from what? Our economy at that point when Trump became president was the strongest in the world. I wouldn’t give President Biden all the credit for the recovery from Covid that let to a big upswing in our economy, but what Donald Trump is doing as president right now, when it counts to all Americans now more than ever is the exact opposite of what Trump said he was going to do when he became president. If this is the way to create economic certainty then it’s not an economy I want to be part of. What tax plan? What deregulation? So far, this administration was been giving us nothing concrete on what’s actually happening to make things better for the American people. Frankly, I’ve lost my patience with Trump, and so has so many Americans, many who have voted for him.
I’ve had a lot of criticizm from some of my Republican friends saying that I shouldn’t talk so negatively when I mention Donald Trump in my articles. And if you claim you are not a Republican but still refuse to speak out against his policies, then you must be a SYMPATHISER of Trump. First, I must remind them that the URL of this website is ‘trumpdecisionpoints.com‘ and that is exactly what I’m reporting here. It’s all about the decisions of Donald J. Trump. If Trump would create something positive that people can see, then I would write about that. So far in his 2 months of being the president, he has done ABSOLUTELY NOTHING to help the average person in this country. Right now, he’s responsible for crashing the markets. So that’s what I’m reporting here. He has given me ABSOLUTELY NOTHING to write about in his favor. In retrospect, he has hurt many of the voters that voted for him. Matter in fact, he is on track of being singlely and directly responsible for fireing so many people in government and causing massive unemployment in a rate only 2nd to COVID. So if people don’t like what I write here, then you don’t have to read it and stay away. But if you want to be informed with accurate information that Trump will not tell his followers, then come back and read my articles. It’s OK to form your opinion on if you agree or disagree with my thinking, but at least you can better decide for yourself what you believe is true. Take in all the facts, then decide.
After Trump stirs the markets for a day or so, then he will pause the tariffs and his rich buddies that make bets on the stock markets will make a ton of money trading. Why? Because everyone knows, including his most beloved followers know, that Trump is a COWARD, and that he CAVES, or changes course on everything that he does and some of them know Trump so well, they even know WHEN he’s going to cave. Someone needs to point this out to his Treasury Secretary Scott Bessent because obviously the Energy Secretary does not know. Will the Treasury Secretary continue to say that this is the way to create economy certainty? Canada, Mexico, and now Europe certainly will disagree along with the rest of the world and so do I, but Scott Bessent actually thinks he knows best. He’s been on the job in just a little over a month, and the world is supposed to take his word for it.