BESSENT:
"Economy was like a bodybuilder taking steroids. Outside you're great, inside you are killing your vital organs. That's what was going on here. It would have been easy to keep pumping up the economy, borrowing a lot of money and creating a lot of government jobs. There is no controversy when we are doing all that but you were going to end up in a calamity."
πΊπΈ WARREN BUFFET: SOME PEOPLE SHOULD NOT OWN STOCKS AT ALL
"Some people should not own stocks at all because they get too upset with price fluctuations.
If you're going to do dumb things because a stock goes down, you shouldn't own a stock at all."
Source: @devorydarkins
Trumpβs team did actually spend weeks calculating the true reciprocal tariff rates for each country, and then he just decided not to do that anymore and based it on trade deficits.
Absolutely absurd.
If this is GameStop & MSTR on the bid, we are going to nuke to the 70s
If this is not either of the two on the bid, we may be looking at our second SVB-crisis-esque moment
All eyes on Bitcoin this weekend
π¨ Stephen Miller just PERFECTLY outlined why tariffs are necessary
βWhy should America protect the world, send foreign aid to the world, defend the world, provide for the world, and in exchange, get ripped off by every other country in the world?β π₯
Today could be the 2nd day in a row where the S&P 500 fell more than -4.5%
This has only happened during some of the worst crashes before.
Here's what the S&P 500 did next:
*APPLE IS CONSIDERING MOVING SOME IPHONE PRODUCTION TO BRAZIL TO SUBVERT MUCH HIGHER TRUMP TARIFFS ON CHINA & INDIA
*ACCORDING TO APRIL 2ND ANNOUNCEMENT, BRAZIL WILL FACE 10% TARIFFS VS. 34% FOR CHINA (+20% FENTANYL TARIFF) & 26% FOR INDIA
