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struggle4progress

(122,748 posts)

19. Administration to markets: Don't expect a rescue

Sun Apr 6, 2025, 12:57 PM

Apr 6

... Investors lost more than $6 trillion Thursday and Friday as stocks sank on President Trump's sweeping new tariff plan.

Major investors like hedge fund billionaire Bill Ackman fear markets could be dire on Monday if Trump doesn't do something beforehand to ease up on the trade levies ...

"The tariffs are coming. He announced it and he wasn't kidding. The tariffs are coming, of course they are," Commerce Secretary Howard Lutnick said on CBS's "Face the Nation" ...

"Americans who want to retire right now, Americans who have put away for years in their savings accounts, I - I think they don't look at the day-to-day fluctuations of what's happening," Bessent said ...

https://www.axios.com/2025/04/06/trump-tariffs-stock-market

"Why pay attention to how much wealth is wiped out when Trump is winning his Saudi-financed golf tournament?"

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Will the stock market stabilize Monday or will it continue to drop? [View all] kentuck Apr 5 OP

Probably will be down to 10,000 Dow by the end of the month MichMan Apr 5 #1

Probably not. onenote Apr 5 #10

It has lost an average of 1000 pts a day since the tariffs were announced MichMan Apr 5 #16

I'm not the only one MichMan Apr 6 #18

I don't see anything on the horizon to turn it around... I certainly don't hope for more dramatic losses, but... hlthe2b Apr 5 #2

Not sure about Monday, but the week will likely be down unless trump reverses a lot of his tariffs and Silent Type Apr 5 #3

Stabilize...will be up and down 400 points either way, but end about even Prairie Gates Apr 5 #4

No, and war criminal Bibi coming to WH on Monday won't help. Sneederbunk Apr 5 #5

I have a lot of confidence it will open up TheFarseer Apr 5 #6

Down Arazi Apr 5 #7

This is the current after hours trading on CNN mikelewis Apr 5 #8

Action here will wait until they see other markets. cachukis Apr 5 #9

It'll have a "dead cat bounce" and then crash more, imo. Oneironaut Apr 5 #11

Margin calls, then ↓ n/t dobleremolque Apr 5 #12

Will drop big enough well to be big but just short of the circuit breakers. William769 Apr 5 #13

Certainly not expecting an upturn any time soon... Wounded Bear Apr 5 #14

Hopefully, crash again EnergizedLib Apr 5 #15

Prophecy of conditions for a long while. Ping Tung Apr 5 #17

Administration to markets: Don't expect a rescue struggle4progress Apr 6 #19

Black Monday 2 Renew Deal Apr 6 #20

Think it will be chaotic for a bit. Xolodno Apr 6 #21