Quote from: Free Market Capitalist on April 07, 2025, 07:33:44 AM

Well, I think it's about time we call a spade a spade. Just as there was talk of the Trump pump after his election, in which there was a market rally that he boasted about, and even specifically boasted about bitcoin going over $100K, it is clear that this crash, which is on track to be like 2008 or worse, has only one culprit: Donald Trump.

So, I propose to call this dump the Trump Dump.

It is true that Trump had tariffs on his election agenda, but I think the implementation has been key to the disaster in the markets.

There is a lot at stake here, as he boasted a lot of how the stock market behaved in his first term, and there are a lot of people in the USA exposed to the markets, I speak from memory but I think it is more than half of the population. Many through pension funds.

The problem is that when you cause a market like this you don't know how it's going to end. Maybe there could be a quick recovery that may not recover for the whole legislature.

What do you think?

I think it's a dip, not a dump. And even calling it a dip is an exaggeration to me. What it really is is just a correction, which was expected. Weekly candle is still giving me the thumbs up, so I will not panic just yet.

But Trump is manipulating the markets for his own or his rich friends sake, I think. I would not put something like that past him.