Category: Wall Street

Stock Markets Tumble Big Time – Recession is Knocking

March 11, 2025

What happened today was predictive and preventable. The Dow Jones Industrial Average lost 2.08% in value which doesn’t seem to be a large number, but anyone following the markets today can tell you that the fall was astronomical. That’s one word to best describe it. The market lost 890.01 points, and now rests as 41,911.71, down from 42,801.72. All of this was cause from the Trump chaos that he wants us to witness.

Usually some time during the day, in a normal trading day one would see the Dow Futures recover and at least break even, then fall, or move up and down in a normal trading day. Today was different. It was far from being a normal trading day. It was one of the worst trading days since 2009. The DOW ended on Friday at 42,801.72 compared to todays close of 41,911.71, thus a loss in market shares of -2.08% or -890.01.

Loosing almost 900 points in the DOW in one day is a disaster, on top of previous disasters from all the declines of last week. And what’s coming is predictable, more of the same. Professional investors that know how to play the markets when the value is high or when it is low benefit even from a bad day such as today. But country as a whole suffers on days like this. Let me explain…

Most of us just watch what’s happening and realize that a drop in the markets is not a good thing, but we think for the most part that it won’t affect us, thinking that the only ones who feel Trump’s pain is the people who actually trade in the stock market and that the markets will recover. But I’m not so sure that this market can now recover.

On a normal day, that would be true for the most part, as investers and people with lots of money to invest in the market make some real money or loose some real money each day. But experienced investers know how to read the markets, as they know how to buy, when to buy, how to sell and when to sell.

But days like today are not normal days, as the market is so volitile that even investers may be having problems trying to determine when to buy or sell a stock. Normal people like you and me notice what’s happening as we check our 501K values and other investments that we have as we are concerned about what’s happening, but we don’t have any daily personal experience that we can control during times like this. Investors do but we do not for the most part.

How many people are ready to buy and sell some of their stocks, risk less or more and follow the markets intently as trading investors do? Hardly none of us. We work for a living and that’s where we put in our time each day, and when we get home for the day, we listen to the news, watch Youtube and catch up what happened during the day and maybe watch the stock tickers throughout the day, but don’t have any real interaction with stocks each day. By then, it’s too late. The markets are closed, and we are left to see the results of trading for the day, hoping that the stocks that the stocks that ride with our personal 501K are doing well. Today was one of those days that you do not need a rocket scientist to know that EVERYONE of US lost bigly today.

You may think that there will be good days and there will be bad days, and that’s true. But what happened today, why it happened today, and the fallout of what happened is nothing less than as if today you watched one of the scariest movies that you’ve ever watched in your life time.

If you happened to be living on October 29, 1929 which the majority of us were not (96 years ago), you can remember the start of the great depression. So almost ALL of us don’t remember that day because most of us weren’t even born back then. But that’s when it started. The height of the great depression is told to be in March of 1933, when the commercial banking system collapsed and President Roosevelt declared a national banking holiday. Sweeping reforms of the financial system accompanied the economic recovery, which was interrupted by what is known as a double-dip recession which hit in 1937. It all started with the stock market crashing in 1929, with bank failures and GOVERNMENT POLICIES. The government policies we are dealing with at the moment are TARIFFS, a direct result of Donald Trump, DELIBERATELY tanking our economy. So yes, as it did then, now Donald Trump’s tariff policys is leading us right back into depression territory.

Somehow we have to right the ship, but right now the ship is sinking and our government is not doing a darn thing to stop it, but doing everything to cause the ship to sink. Our economy is in desperite trouble at the moment. Canada has continuedd 25% tariffs against the United States in retaliation of Trump’s tariffs that he issued against Canada just one week ago. Even Trump said he was lifting Canadian tariffs for at least a month until March 2nd. Canada did not stop tariffs they put on the United States.

Trump is now threatening new tariffs against Canada, on products like Aluminum and Steel. The Canadaians will reciprecate. So where does that take our markets. It makes them nose dive to hell, and that’s where the markets are heading now.

Trump said that we need to “feel the pain” before things get better, and in that regard, that’s exactly were we are heading. If Trump instigates more tariffs against Canada, our closest friend and neighber, they are going to turn out the lights in at least 3 northern states in America. The power is about to get turned off, instead of just the 25% tariff that is now in effect that Americans must now pay for their electricity. There electric bills now have just gone up by 25%.

So Donald, who paying these tariffs? Not you or your partner in crime Elon Musk. Not Canada, but the people of the United States. Now they may experience TOTAL BLACKOUTS, including New York. Our New York Stock exchange is obviously located in New York City. So what’s going to happen with the traders loose their power and the market computers go down. That is the real posibility that we face today, because of the igorance of Donald Trump, thinking that he is the ‘Powerful Almighty’.

The world is so much interconnected these days, that having that stance especially with Canada, a country that we are so interconnected with, is just outright suicide. 97% of Canada’s export of oil came directly across the border into the United States. We were their largest trading partner, but since they cannot depend on us, they are going elsewhere for business right now. They are now working the the EU, China and Japan. Why? Because Donald J. Trump, our fearless leader when was supposed to save our economy, the reason why many people voted for him, has decided to instead, crash our economy.

How far will he go? That is the 50-million dollar question, but as of this morning, he’s not done and plans to continue on a path that will destroy America.

I’ll report on the market futures for tomorrow in my next post, and we will see where our ship is now pointing for tomorrow. This week is already turning out to be one of the worst weeks in American stock trading history as a government shudown is also scheduled for Friday. At the end of trading on Monday, if the markets stay open will already tell us if we are going into a recession.

A recession is a time in econonomicy activity that lasts longer than a few months. In other words, what Trump is doing may take a long time to turn around. Trump says we may need to feel the pain first. Well, that’s what’s coming, and it’s not something thay you can just turn off like a spicket of water.

In a nutshell, a common rule that indicates a recession is here is that there are at least two consecutive quarters of negative gross domestic product (GDP) growth. Contributing factors can be a loss in industrial production and retail sales and other indicators. The effects of a recession sometimes are not felt immediately, but are gradual and sometimes only last for a few month or longer, but the economy may not recover to its former peak for years.

Telltale signs are a dropoff in employment, as unemployment will remail high well into the economic recovery, so it’s a time that seems to drag on and on along with markets tumbling, which is EXACTLY what is happening now.

Why is this happening now? The U.S. economy just a short few months ago was one that was the best in the world. So what happened?

Donald Trump happened! Our country decided to elect a convicted felon as their president. That’s what happened. Look at his cabinet. Most of his cabinet would never even qualify for the positions that they hold during normal times.

None of this would have happened if Kamala Harris was president. All of the mass layoffs wouldn’t have happened. Peoples private information, social security information and all personal information now being shared with Donald Trumps minions like Elon Musk and his people who are pouring through our personal data would have NEVER happened. Social Security would not be threatened. Medicade and Medicare wouldn’t be in danger of disappearing. World aid programs throughout the world would still be running, but they are not. The markets would be strong, not constantly falling and the world would not look at us as no longer a leader in the world economy.

There is GROSS INJUSTICE happening in our government now, and our Supreme Court is also responsible for allowing a convicted felon, an insurrectionist who under our laws in the Constitution of the United States that we are supposed to follow should never have qualified to be a president, has relinquished our Democracy to let who I consider an autocrat, someone who cozys up to Putin, and someone who would sell his soul and is doing just that to get his name on EVERYTHING, IS DESTROYING AMERICA.

Passionite about this I am, as I’m just as disgusted that this had to happen to our country, in a time that democracy and America was admired by the entire world. Now, the world is treating America as an outcast. The American dollar value s falling, and all of a sudden America is not as strong as we had hoped. Democracy is fragile, and what is happening now is a test of the American people to push past this, but first we still must figure out how to.

An update to the markets for Tuesday will be published soon.

 

The Stock Market Continues to Struggle – Week of March 10, 2025

March 9, 2025

Well, we now know what to expect with the stock futures starting tomorrow. Stocks will continue to fall heading towards what most economists claim will spur a recession if not turned around. But at least one person in Washington, Donald Trump, doesn’t care what happens. He is such a big loser, and has lost millions in his lifetime, he can only get numb, but he’s not broke, not like many of us regular folks, thanks to the man who what going to fix the economy.

Last week, the Dow Jones industrial Average fell 2.4% in trading. The S&P 500 index lost 3.1%, the Nasdaq composite plunged 3.45% and the small-cap Russel 2000 sold off 4.05%, both hitting five-month lows.

The futures will be down tonight going into tomorrow because the European exchanges always seem to reflect what’s going to happen in the U.S., as their markets open and close first each day. With clocks advancing 1 hour ahead as they did 2:00AM this morning, UTC is now just 5 hours ahead of CT instead of 6. Today, Commerce Secretary Howard Lutnick said that he expects 25% tariffs on steel and aluminum to go into effect as scheduled this Wednesday, prior to a slew of tariffs scheduled to be enacted on April 2.

At the moment, the Dow Jones futures are not looking good for Monday March 10th. So far, the DOW will appear to open at least down .5%, with the S&P500 futures down by .6%, with the Nasdaq 100 down by .7%. I will make a prediction prior to opening of the DOW just before the markets close in Europe in the morning.

Trump’s right hand man in crime, Elon Musk hasn’t had a great week. Two major things have happened to Musk. One of his space rockets blew up after takeoff and fell down to earth in a show that looked like a big fireworks display. The second major thing is Musk’s stock on Tesla.

The Tesla stock (TSLA) dives 10.35% to 262.67, in its seventh straight weekly loss. Ever since Musk teamed up with Trump, he has lost millions in a very short period of time. Thanks to Donald Trump and his tariffs on Canada, our northern neighbor has just slapped a 100% tariff on Tesla, so it don’t look like Musk will be selling many of his electric cars in Canada any time soon. As I have been explaining to my readers, tariffs effect the purchaser of the product being tariffed.

So Trump’s Tesla that may normally cost $50 thousand dollars now costs Canadians $100,000.

Talk about shoot themselves in the foot, this is a prime example of it Way to go Donald Trump and Elon Musk!    

THE FREE-FALL CONTINUES!!!

Trump Continues to Push Agony on Investors – More tariffs on the Way

March 8, 2025

Yesterday, I watched the stock markets intentely during the opening bell and at closing. There were millions of dollars changing hands, and the brokers seemed not to know whether to buy or to sell.

The markets seem so volatile. And yes it was. Why? Mainly because of Donald Trump’s tariff threats. Just before closing 2 nights ago, Donald Trump halted tariffs on Canada and Mexico, because I believe he finally saw the writing on the wall.

According to J.P. Morgan the following is very true…

If you know what to do in times like this, then you can survive. First, you must remain focused on ensuring your portfolio withstands uncertainties without derailing your near-term needs and long-term goals. A resilient portfolio is properly diversified and tailored to your long-term plan.

Friday at the final bell, the DOW closed at 42,801.72, which was a .52% increase in volume. That was a win. The DOW gained 222.64 points today. It opened at 42,503.07.

The stock market in general has had a pretty dismal performance in the last 3 months, but for the year, it is bearly hanging in the green with just a .61% gain from Dec 31, 2024. During the entire year of 2024, the markets were in the green at 10.53% from the previous year. So far, compared to 2024, this year is just a disaster. And it’s not even the end of the first quarter of trading for the year.

Trump finally cancelled his tarrifs on Canada and Mexico at least for a month until April 2, which was responsible for the slight gains today in the DOW. If he would stay away from taraffs and let the markets recover, the markets will stop spirling and inflation will ease.

But unfortunatey, that is not what Trump plans to do. He is an absolute sicko. When he found out that his 25% tariffs were going to tank the U.S. economy, now he has decided to go another route. His main goal seems to be to inflict “pain” on the American people.

He is ‘hell-bent’ on punishing Canada, our closest neighbor and friend. God only knows why. No other president, Democrat or Republican would be so foolish than to threaten neighboring countries with tariffs. So after just a single day of recoup of the DOW that ended in a positive note today, he has decide now to put new tariffs on Canada, now aiming a 250% on dairy products with Canada, which he claims is a reciprical tax on what Canada has been doing with exports to the U.S. regarding dairy products.

Out of the 5 trading days each week, this week there were just 2 days of uptick results but 3 days with a nose-dive in results with the DOW.

So what’s coming regarding tariffs now?

In a YouTube video, Trump again blamed the prior administration for dairy product tariffs, which he claimed under his watch during his first term. A single day doesn’t go by where he doesn’t try to justify why he initiates tariffs. If it isn’t for the country he blames, he blames Biden.

He claims because of the tariff, it is impossible to sell dairy products along with lumber into Canada. He stated that Canada has been…

“ripping us off for years on tariffs for lumber and dairy products.”

He claims that…

“Canada will be met with the exact same tariff unless they drop it. That’s what reciprical means, and we may do it as early as today or we will wait until Monday or Tuesday, but that’s what we are going to do. It’s not fair, and never has been fair. “

His reciprical tariff on Canada – 250%.

It seems that every hour Trump threatens with a new tariff, or holds back or delays. He’s now also threatening to tariff steel and aluminum imports next week.

So how are the markets going to handle that? It doesn’t take a rocket scientist on what’s about to happen. Well, the markets won’t be stable enough next week to handle Trumps latest tariff threat.   Now that Donald Trump couldn’t keep his upcoming tariff plans under a hat, the investors will have a field day with trading next week, and there will be more devestating losses throughout the week. But mark my words here. Trump is weak and is a coward. He will cave again when he sees where the markets are heading next week.

In April, there are tariffs that loom from the European Union, on autos and reciprical tariffs. Then later on this year, there will be tariffs on copper, timber, lumber and semiconductors. Not to mention the tariffs that were threatened today on dairy products from Canada. 

So there is so much uncertainty in trade policy at the moment, and the Trade Policy Uncertainty Index is going through the roof at the moment. It started to go crazy during his first term, and now again in 2025, more than ever. The markets don’t have a chance in hell to stablize and there will be no time in the near future where people can SAFELY invest in the markets. If you are a risk taker, there will be lots of risks you can take, but many more that you shouldn’t. For the normal investor if you bank your returns on the U.S. stock market from day to day, it is not a good bet to go that route.

So the downturn will continue in the markets next week. I’ll post a report on the Dow futures on Sunday Evening, and we can get a glimpse before the opening bell on Monday on how the markets will begin with trading which should be very volitile for the next week.

Trump will make concessions, like the weak man he is, that’s after people will loose millions thanks to his tariff policies. Then, he will just initiate another tariff, because he is very good at what he does best, and that is to inflick “pain” on the American people.

Again, I ask my Republican friends. What do you think now of Trump in his ability to save the economy. Friends, it’s cratering, and sooner than later we may be in recession territory. You will know when that time comes. The news folks will be talking all about it. But by then, it just may be too late.

Canada, Mexico, China, Japan, and the European Union are not waiting for Trump to change. They know that global trade must go on, with or without the United States, and they will trade without America if they have to.

Trump Posts One TRUTH ON TRUTH SOCIAL, The Rest are LIES

March 7, 2025

Here is what Donald Trump just posted today on Truth Social…

Wow..  What a statement.   If it were anyone else writing it, you would believe it. The only thing I can say is “What an ignorant S.O.B”.

Let’s pick that statement apart, shall we…

He starts with a ‘Truth’ on Truth Social. Now that’s a first. Can you believe it, Donald Trump is telling the truth. Yes, Russia is ABSOLUTELY “pounding” Ukraine on the battlefield right now”. They were today, yesterday, and every day since he was president, and even before by some 3 years or so. Ukraine is in ruins. Is he stating ANYTHING that we don’t already know? The answer is ‘NO’ but now he’s admitting it. Why because he is nothing but a failure regarding negotiating peace. He claimed the war would be over on ‘Day 1’ of his presidency. And the American people fell for it. He never once invited Ukraine to the peace table, NOT EVEN ONCE. Again, what a coward Donald Trump is.

So now he wants to consider large scale Banking Sanctions and TARIFFS on Russia. Wow, this guy is actually sick. Just because he fails miserably on pushing tariffs on Canada and Mexico, now he uses his most beloved word again, “TARIFFS”. He’s been in office for 3 months now, and he’s finally saying something on the order that he wants to PUNISH PUTIN. Can anyone believe that? I don’t. Trump is a liar and a fool. Trump IS a disgrace to America, and to Democracy.

Then to complete his statement, he says that he is “considering large scale Banking Sanctions, Sanctions, and Tariffs on Russia until a Cease Fire and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED.”

The end of that sentence is something that Donald Trump will burn in HELL for. He says this, indicating that they need to come together to come up with a mutual agreement. I thought that was ‘Marco Rubio’s job’ I thought it might be the Secretary of State’s job. Trump has been discouraging this ever since he gained control of government.

Where was Ukraine when Trumps delegation went to speak to Putin. The president of Ukraine was not even invited. Why? So that Putin and Trump could come up with such a concocted statement such as the one I’m discussing here. Trump never planned on sanctioning Russia.

He states “To Russia and Ukraine, get to the table right now, before it is too late. Thank you.!!!

Why would he say that even if it were his true wish? Oh my God, it’s because he knows that Russia is now taking advantage of the fact that Trump himself has decided to stop sending weapons to Ukraine so they cannot truly defend themselves. This was his tactic from the beginning. And now that he realizes that the people of the United States knows that Trump actually supports Putin, making this statement clears Trumps name. Really?

President Trump is not only a coward, but an ignorant one. He thinks we don’t know what he’s doing. He’s trying to get Ukraine to come to the table on Russia’s terms. He wants President Zelinsky to concede, give up all the land that Putin has taken from him and then call it a peace. And at the end, Trump will finally get to take FULL CREDIT for it, saying that if it weren’t for him, there never would be peace. Really !!!?    TRUMP IS AN IGNORANT AND COWARDLY MAN.

And one final note. Trump doesn’t think that people are looking at the stock market now that he’s lifed tariffs from Canada and Mexico. Well the traders on Wall Street don’t buy Trump’s lies. The market continues to fall. Right now the DOW is teatering at being at the even mark. There will be ups and downs in the market all day today which everyone knows will happen, including Trump. Noone trusts Trump. The American people have lost their faith in him and so has the world.

 

Donald Trump is a WEAK COWARD !

March 6, 2025

You might get the impression by the title of this article that I’m a little upset. Well, you are right.

Trump backed down again,  and of course I’m glad that he did, just one month after he backed down the first time over tariffs. I’m not mad because he backed down. I’m mad because of the chaos he has personally created, the pain that people have already suffered, and now he can stop the pain by HIS choosing, when he didn’t have to inflict it in the first place. He thinks he is more than a king. He thinks he is God. He feels he has the right to play with our lives at his whim. That’s why I am mad. TRUMP IS EVIL.

The second thing I’m mad about is because the U.S. Congress is allowing the president to initiate tariffs, when in fact POTUS does not have that power. It belongs to Congress and ONLY Congress can initiate a tariff. So why are we going through this? It’s because Republicans control all three branches of government so they continue to be silent and let Trump do his damage because they themselves are also COWARDS.

Wall Street was the greatest example today that has caught on to Donald Trump’s tactics and what it would take to get him to back down from tariffs. Trump watched the stock market intently today, and just 20 minutes from closing, he makes the announcement that he is suspending his own tariffs. But by then, it was too late. Does Wall Street know that he means that he won’t initiate them again?  The markets still crashed. Well they don’t have to guess, because in his announcement, he stated that he was suspending the tariffs until April 2nd. No big deal right? Even though it just so happens to be a few days before TAX DAY. That is and will be ANOTHER stupid and cowardly move by president Trump if he implements tariffs right before tax day, or ever for that matter.

Wall Street knows that Trump is a pathological liar. When it comes to economics, Trump doesn’t understand a thing. So why did he back down? For one thing, the actual definition of a tariff forced him to back down. SO HE REALLY KNOWS WHAT A TARIFF IS! It doesn’t hurt the countries exporting to the United States, it hurts the American consumer who will use those products. It hurts people who purchase imported goods. That’s who it hurts. When the stock markets started to tank because of tariffs today, and millions of people and major businesses were being immediately effected, Trump backed down and now every country in the world knows that Trump is a COWARD. He stopped the tariffs just one day after he implemented them. It was important for him to inflict “pain”. Donald Trump labeled himself a coward when he initiated tariffs that he knew would hurt the American people and that he couldn’t posibilly continue with them, long term. He now realized that he can’t keep them in place in short term. Everyone knew that Trump would back down. And on April 2nd, he will back down again, but maybe a miracle will happen and he won’t initiate tariffs at all. He knows that the only citizens that will be most effected, especially by our closest neighbor of Canada will be the U.S. citizens. Will he ever apologize for implementing “PAIN” on the American people? Trump doesn’t even know what a simple apology is. He should be on the side of Americans, Canadians, Mexicans, Ukraine and people within Europe. But he’s not. He’s on the side of Putin. All democratic countries are outraged.

So why in his right mind does Trump continuously hurt his citizens? He takes pleasure out of it. He thinks it’s right that his people have to experience “PAIN” as he stated more than once and even indicated this admission in his ridicules 99 minute speech to a joint session of Congress last night. He rambled on and on in the longest speech to joint members of Congress, EVER. He always has to do everything more, including the ability to inflict punishment on his people.

Did you notice that he didn’t mention Medicaid and Social Security even once? Again, that will be in another post. Why not? But I’ll briefly touch on it here. Because he didn’t want to say publicly in that speech what he planned to do with those programs.  It’s right out of the 2025 Republican playbook. But it’s no secret. He wants to cut the funds from both programs, and let’s not forget about Social Security. Just before the speech last night, he mentioned Social Security and stated that there would be no cuts. Like I said, Trump is a pathological liar. If he had his way, he would take funds from Social Security and believe me when I say that he will try. Mark my words., or prove me wrong.  If Social Security is still around in another 6 months, your benefit will be drastically reduced, and at the same time Medicaid may not exist, with many slashes to Medicare. Costs for everything concerning medicine, services and anything medical will go up. But of course, Donald Trump just doesn’t care. He has the government take care of his medical needs at taxpayers expense of course.

Regarding imports, let’s talk about  an import that Americans take advantage of every day and cannot live without. I will also discuss this in detail in a later post. That would be about COFFEE. Do you realize that not one ounce of coffee is every grown here in the United States? Really! Think about if the American people couldn’t make a cup of coffee in the morning because we could no longer import coffee. What would happen to Starbucks in the United States and Starbucks World Wide?  Do you know that Starbucks employs almost 500,000 people world wide. People working to support coffee products total into the millions of people. No coffee, lost jobs, and lots pissed off people. There would be massive layoffs and business closings if we didn’t have that simple luxury of coffee. That’s what you would have. But Trump’s idea is that America should not be buying a single thing from another country. Not even coffee beans. He wants America to be completely self sufficient. That would be great in a Perfect World, but we all know that this is not the case. Every country in the world except North Korea, including Russia is involved in international trade, but Donald Trump doesn’t want that, because he wants everything his way or no way. He’s doing a super great job trying to isolate the United States of the America from the world. He’s trying to play God, but what he is demonstrating is that he is a Coward, not a leader that anyone can respect. He thinks he needs to be in the news each and every day. If the news is not about him, it’s not important. Even his Republican base is abandoning him because his policies and his actions are affecting them too, not just Democrats. Many voted for him, and now he’s taking their jobs. Why would he care? He will never run for re-election under the present rules in the Constitution unless he gets the ability to change the Constitution in his favor. And he is such an autocrat that he will try to do that at the end of his term, unless he finally gets tired enough as being the oldest president of the United States. After all, the way he is thinking, because the Chinese President XI now to be  China’s permanent president just because he said he wanted to and has decided never to step down, Trump thinks he can do that too. Who cares what the Constitution says, because Donald Trump doesn’t care what’s in the Constitution. Will anyone stop him. Yes, tough times are ahead, but Americans need to push through all this nonsense and in four years, welcome in Democracy while hopes are up that the Democratic countries around the world will accept us back with open arms.