... if you pay attention to the economics media. Not to get investment advice: it is usually noisy and almost worthless. But to gather info and gain a sense of market sentiment and of what factors are affecting things.

Headline: "Trump's tariffs amount to 'worse than worst-case scenario' as investors brace for stock-market beatdown"
-- from one of the biggest and oldest market news services
https://www.marketwatch.com/story/trump-tariffs-amount-to-worse-than-worst-case-scenario-as-investors-brace-for-stock-market-beatdown-4cf6d5ca?mod=MW_article_top_stories
(like you I am not a subscriber, but I do read headlines and first paragraphs; then I search)

CharleyDog

(797 posts)

11. the con man waited

Reply to obamanut2012 (Reply #2)

Wed Apr 2, 2025, 05:10 PM

Apr 2

for the market to close before his announcement

Alephy

(89 posts)

5. Futures are tanking now...

Reply to edhopper (Original post)

Wed Apr 2, 2025, 04:44 PM

Apr 2

After his announcement

NoMoreRepugs

(11,182 posts)

6. Pretty easy to drive up the price of futures with all the Billionaires in the admin don't u think?

Reply to edhopper (Original post)

Wed Apr 2, 2025, 04:56 PM

Apr 2

Timed to coincide with his spewing his lies - then the market will catch up on what the ramifications are and the true direction will start.

Bernardo de La Paz

(54,613 posts)

13. Futures are down, NOT up. They are down "bigly". That means stocks are likely to open down 9:30am EDT. Bigly. . . nt

Reply to NoMoreRepugs (Reply #6)

Wed Apr 2, 2025, 10:26 PM

Apr 2

Mike 03

(18,338 posts)

7. For what it's worth, Bloomberg Radio is reporting that one of the averages

Reply to edhopper (Original post)

Wed Apr 2, 2025, 05:02 PM

Apr 2

plummeted 1% in post-market trading, probably because there will be no carve-outs or exemptions. (I haven't verified this but I trust their reporting).

Bernardo de La Paz

(54,613 posts)

15. Russia was not on his charts. Afghanistan was given a sweetheart deal

Reply to Mike 03 (Reply #7)

Wed Apr 2, 2025, 10:40 PM

Apr 2

No country with a supposed rate above 20% got hit with less than half from tRump.

Afghanistan is supposedly charging US 49% but they got hit with a sweetheart rate of only 10%, not 25%.

What's up with that?

Stock futures of the SP500, Nasdaq and Dow got beaten down 3%, 4%, and 2% respectively. They have since come back to 2.7%, 3.25%, and 1.9%.

Quixote1818

(30,900 posts)

9. Markets were closed but the tariffs may already be mostly priced in

Reply to edhopper (Original post)

Wed Apr 2, 2025, 05:08 PM

Apr 2

They are why the market is already down so much in March and February.

Bernardo de La Paz

(54,613 posts)

14. No. "Trump's tariffs amount to 'worse than worst-case scenario' as investors brace for stock-market beatdown"

Reply to Quixote1818 (Reply #9)

Wed Apr 2, 2025, 10:30 PM

Apr 2

That's a headline from the press this evening.

Not priced in.

Declines in Feb and March are due mostly to uncertainty, which has not been clarified today. And due to all the other disruptions to government spending, firings, and deportations. Yes, anticipation of tariffs was a big part of that too.

Johonny

(23,309 posts)

10. People made moves based on tariffs weeks ago

Reply to edhopper (Original post)

Wed Apr 2, 2025, 05:09 PM

Apr 2

Today's market appears to have moved based on the idea Musk is being term limited away from the White House soon.

However, I assume every company reporting 1 qrt results will be having depressing tariff filled guidance for the rest of 2025.

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