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DallasNE

(7,802 posts)

70. Thursday, Friday Doubleheader

Fri May 23, 2025, 02:48 PM

May 23

One of the jobs a President does is to try and reassure jittery morkets. So what does Trump Do?

On Thursday the bond market jitters was over the Moody's downgrade of American debt and that bleed over into the stock market, which fell 800 points.

On Friday the markets seemed calm after Thursdays news until Trump announced 50% tariffs on Europe, effective June 1st. That sent the stock market into another 500 point drop, cutting short the 90-day tariff postponement announced in around April 2nd.

What ignorant fool acts in such a reckless manner? Was this just to set up another insider trading opportunity? Regardless, it is stupid on steroids.

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Highlight:

Trump recommends 50% tariff on European Union starting June 1 [View all] BumRushDaShow May 23 OP

Sounds like he's having trouble bullying them into deals Renew Deal May 23 #1

Trump is only the master of deal making DENVERPOPS May 23 #77

Let me see gab13by13 May 23 #2

The EU signed mineral/raw materials deals with Greenland and Rwanda BumRushDaShow May 23 #5

What, did they NEGOTIATE that deal? 🤔 underpants May 23 #20

Buried under all the other news yesterday BumRushDaShow May 23 #24

I didn't know that about Apple underpants May 23 #37

I have a 12 Pro and it's not on the phone itself BumRushDaShow May 23 #40

For my Macbook Pro and daughter's Macbook Air - "Designed in California", ""Assembled in China". n/t iluvtennis May 23 #42

Maybe you were joking, but you may be correct. Shipwack May 23 #44

I think the idea of making them here is a joke underpants May 23 #49

I would guess that the likely answer will be found here ...below. usaf-vet May 23 #57

He doesn't negotiate anything Yo_Mama_Been_Loggin May 23 #63

Yep: "after complaining that trade negotiations have stalled." forgotmylogin May 23 #69

Exactly right - this was the purpose of Putin's call, period Prairie Gates May 23 #52

Drump won't be done until he soaks up all liquidity from every citizen bucolic_frolic May 23 #3

His friends have taken their stock market gains and bought the shorts. Time to bring the market down again. Scrivener7 May 23 #4

It's definitely working BumRushDaShow May 23 #7

So far since Trump's elections, the better stock bets have been in foreign markets. One wonders why? dutch777 May 23 #8

Yep, didn't he meet with them last night on he "personal time"? 33taw May 23 #32

Wonder what the EU's response will be? No mention of EU comment in the article. Would not want to be... dutch777 May 23 #6

They're not going to take any more orange crap Martin Eden May 23 #41

Ooo, I hope it's before the market closes.. ms liberty May 23 #9

The futures have been down since all the tariff news on EU and Apple have been reported. It is pretty JohnSJ May 23 #11

My response was deliberately sarcastic and lighthearted, not focused on the horrifying facts ms liberty May 23 #17

I got a laugh out of it NJCher May 23 #21

He's the ultimate snowflake. The Snowflake in Chief. He's the SIC POTUS. ms liberty May 23 #50

From CNBC live updates nitpicked May 23 #18

Anyone who believed that this trump created issue would disappear with the "magic" 90 day moratorium JohnSJ May 23 #10

Joke: If Russia invades the Baltic states, Krasnov will honor Article 5. speak easy May 23 #12

The only thing that is included in that bill that needs to happen by July 4 BumRushDaShow May 23 #14

Krasnov's goal is a weak dollar gab13by13 May 23 #16

Ding, ding, ding. We got a winner. Buddyzbuddy May 23 #65

More stock manipulation Miguelito Loveless May 23 #13

That was my first thought. KewlKat May 23 #33

Trump threatens tariffs on EU goods and Apple iPhones nitpicked May 23 #15

I think it was Tim Cook who got ridiculed a few weeks ago underpants May 23 #25

Here is a label on an iPhone, clearly stating it is made in China: riversedge May 23 #31

That Xitter post apparently got deleted BumRushDaShow May 23 #35

The clown is insane.. Playingmantis May 23 #19

He's nuts. The shakers and movers are going to need to take him down soon. travelingthrulife May 23 #22

Good! Alliepoo May 23 #43

The mad King speaks Pototan May 23 #23

Yep. Alliepoo May 23 #45

'He's now attacking our biggest allies, and one of America's most successful companies, as the stock market tanks on the riversedge May 23 #26

Wait lonely bird May 23 #27

Attn Krasnov the European Union has already moved on without you. Botany May 23 #28

Get out of your set and forget 60/40 (Securities and bonds) Aviation Pro May 23 #29

EU to Trump orangecrush May 23 #30

It's an act of total desperation. Tarzanrock May 23 #34

Art of the Deal SNAFU SomedayKindaLove May 23 #80

Exactly RedArkGuy May 24 #85

Waited for a good market recovery to go cuckoo bananas again Lucky Luciano May 23 #36

Is he still telling his dumb magats the other country pays for his tariffs? Emile May 23 #38

Yes. Alliepoo May 23 #46

Will they still believe trump when Xmas rolls around, or will it all be a mystery? Hekate May 23 #73

More insider market gaming for the corrupt regime Mysterian May 23 #39

AGAIN Iamscrewed May 23 #47

the world should moon Trump stillcool May 23 #48

This is a directive straight from Putin - you can tell because Trump is still on about abolishing the EU, period Prairie Gates May 23 #51

This is what happens when you have a president with the mental age of a five year old. If there is any evidence that Doodley May 23 #53

Another Dump and Pump so they can sell high, buy again low and "save the market" again. kysrsoze May 23 #54

I would guess that the likely answer will be found here ...below. usaf-vet May 23 #55

Futurama had the right idea! Initech May 23 #56

I thought countries were lining up to make deals with him? Owens May 23 #58

The WWII and post-War Alliance suffers another Golden Raisin May 23 #59

"Difficult to deal with" , meaning they won't do what he says. louis-t May 23 #60

Comrade Chaos having more fun. Who can I piss on this hour?? Evolve Dammit May 23 #61

Big baby Donny has another tantrum Yo_Mama_Been_Loggin May 23 #62

I recommend throwing this grossly incompetent buffoon and his ass kissing goons out of office now. Initech May 23 #64

He really is a mad king. Killing the country for Putin, Money, Insanity, all that. OverBurn May 23 #66

Seems to me he wants to punish Europe for helping Ukraine. SunSeeker May 23 #67

Trump got pissed that Greenland signed a lucrative mineral deal with Greenland LetMyPeopleVote May 23 #68

Thursday, Friday Doubleheader DallasNE May 23 #70

when your only tool is a hammer, everything looks like a nail Javaman May 23 #71

Sorry, Old Yellow Pisswig, no "deals" for you! Tarzanrock May 23 #72

Putin is cheering sakabatou May 23 #74

What fucking century is this? This childlike obsession with tariffs he has is beyond embarrassing. Karasu May 23 #75

Which stocks will tank? They will short them. kerouac2 May 23 #76

What's this, the Tariff Du Jour? Wingus Dingus May 23 #78

I'll bet money that Europe doesn't care because... ananda May 23 #79

This makes no sense at all, unless he's trying to get back at the EU for their Fil1957 May 23 #81

An own the libs, own the normies distraction. hay rick May 23 #82

You get a tariff and you get a tariff! Jacson6 May 23 #83

Off with their heads, says the Orange Queen! delisen May 23 #84