Trump’s recession will take some time… don’t expect high gains in 2025
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@pumps and dump expected today
Trump’s Liberation Day Tariff Announcement: Key Points
-Trump to announce tariffs on April 2nd at 4 pm ET at the Rose Garden.
-Three options discussed: 20% universal tariff, reciprocal tariffs by country, or targeted tariffs on selected nations.
-Retaliation expected from Mexico, Canada, China, Japan, South Korea, and the EU.
-Additional tariffs on Russian oil if no Ukraine deal; threats of bombing Iran if no nuclear agreement.
-Total potential impact: up to $785B globally, with $606B from the EU and $445B from China.
Tariffs will take effect immediately after the announcement.
Trump’s Liberation Day Tariff Announcement: Key Points
-Trump to announce tariffs on April 2nd at 4 pm ET at the Rose Garden.
-Three options discussed: 20% universal tariff, reciprocal tariffs by country, or targeted tariffs on selected nations.
-Retaliation expected from Mexico, Canada, China, Japan, South Korea, and the EU.
-Additional tariffs on Russian oil if no Ukraine deal; threats of bombing Iran if no nuclear agreement.
-Total potential impact: up to $785B globally, with $606B from the EU and $445B from China.
Tariffs will take effect immediately after the announcement.
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Tesla is pumping due to that
⚠️ JUST IN: Trump indicates Musk will step back from current role in the coming weeks, telling his inner circle that Musk's departure is imminent
⚠️ JUST IN: Trump indicates Musk will step back from current role in the coming weeks, telling his inner circle that Musk's departure is imminent
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Are you scalping long on the news? Tarrifs are out.
Anonymous Poll
51%
Yes time to pump back from this bottom
49%
No more blood is coming
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SUMMARY OF FED CHAIR POWELL'S COMMENTS:
1. Tariffs are bigger than expected and risk higher inflation, slower growth
2. "Too soon" to determine appropriate policy path
3. Fed well-positioned to "wait for greater clarity"
4. Tariffs could have a persistent inflation impact
5. Economic impacts of tariffs larger than expected
6. Must ensure price hikes don't lead to ongoing inflation
Just minutes ago, President Trump called on Fed Chair Powell to cut rates immediately.
Things are about to get even more volatile.
@Pumps
1. Tariffs are bigger than expected and risk higher inflation, slower growth
2. "Too soon" to determine appropriate policy path
3. Fed well-positioned to "wait for greater clarity"
4. Tariffs could have a persistent inflation impact
5. Economic impacts of tariffs larger than expected
6. Must ensure price hikes don't lead to ongoing inflation
Just minutes ago, President Trump called on Fed Chair Powell to cut rates immediately.
Things are about to get even more volatile.
@Pumps
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