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Zorro

(17,122 posts)
Thu Apr 3, 2025, 06:34 PM 20 hrs ago

Trump says things are 'going very well' after worst stock market drop in years over tariffs

Source: AP via Yahoo Finance

President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, “I think it's going very well."

“The markets are going to boom, the stock is going to boom, the country is going to boom,” he said when asked about the market as he left the White House to fly to one of his Florida golf clubs.

The Dow Jones Industrial Average dropped more than 1,600 points on Thursday as U.S. stocks led a worldwide selloff after the Republican president's announcement of tariffs against much of the world ignited a shock like none seen since the COVID-19 pandemic.

Trump on Wednesday announced a minimum tariff of 10% on imports, with the tax rate running much higher on products from certain countries like China and those from the European Union.

Read more: https://finance.yahoo.com/news/trump-says-things-going-very-220759324.html



"Markets go boom! Stocks go boom! Country goes boom!"

"Going very well" indeed in MAGA bizarro world, I guess...
63 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump says things are 'going very well' after worst stock market drop in years over tariffs (Original Post) Zorro 20 hrs ago OP
Delusional, clueless or lying? genxlib 20 hrs ago #1
No. His goal is to destroy America iemanja 18 hrs ago #28
Ding, Ding, Ding! The Roux Comes First 17 hrs ago #32
And Covid was going to be over by Easter ...just go Klarkashton 20 hrs ago #2
The Economist covers from five months ago and today. riversedge 20 hrs ago #3
The plan is going exactly as intended. That's what he said. bucolic_frolic 20 hrs ago #4
Yes, it is going just as he intended. FuzzyRabbit 20 hrs ago #14
Those craven cowards BlueMTexpat 7 hrs ago #45
Talking to the cult.............. Lovie777 20 hrs ago #5
The tariff extortion scam must be working. Calls coming in offering Trump large amounts of cash Irish_Dem 20 hrs ago #6
I want him to go to prison if he negotiates Ilsa 20 hrs ago #11
He will just say it is all for the good of the US. Irish_Dem 20 hrs ago #12
Delusional Ray Bruns 20 hrs ago #7
Early Futures are down too, but not much right now. Supposedly, trump is saying he's Silent Type 20 hrs ago #8
This clip of him is one reason I'm expecting tomorrow to be bad too. Mike 03 20 hrs ago #15
Tanking again....down 1,500 at one point now at 1,406. Tesla DOWN $24.50 Bengus81 4 hrs ago #56
Early Golf Weekend - Things going very well Captain Zero 20 hrs ago #9
It's us that are delusional lol JMCKUSICK 20 hrs ago #10
Bloomberg Radio has been playing this clip, to the dismay of the hosts Mike 03 20 hrs ago #13
It won't boom it will go boom and explode. twodogsbarking 20 hrs ago #16
Expecting a quick bounce back. usonian 20 hrs ago #17
Excellent "Twilight Zone" reference there.... AZ8theist 11 hrs ago #44
I remember when The Twilight Zone was considered, well, fiction. twodogsbarking 6 hrs ago #46
Things are going very well Turbineguy 20 hrs ago #18
Blowing it up real good... The Madcap 20 hrs ago #19
Ha! geardaddy 1 hr ago #62
Yep...Just what I had in my mind The Madcap 17 min ago #63
Boom as in Mblaze 20 hrs ago #20
Typical tactic hamsterjill 20 hrs ago #21
Certifiable C_U_L8R 19 hrs ago #22
Things are going very well Yo_Mama_Been_Loggin 19 hrs ago #23
Don't believe what you see with your lying eyes and hear on the news kimbutgar 19 hrs ago #24
Boom IronLionZion 18 hrs ago #25
"Now watch this drive!" Midnight Writer 18 hrs ago #26
It's going right according to plan relayerbob 18 hrs ago #27
All is well!!! Javaman 18 hrs ago #29
I'm a zit. Get it? twodogsbarking 6 hrs ago #48
Usually when one says something is going to go "boom" slightlv 18 hrs ago #30
If Tr**p Is Saying This - It Means He's Somehow...... global1 17 hrs ago #31
I'd say that's a very good guess. calimary 15 hrs ago #39
What did you expect from LilElf70 17 hrs ago #33
"I think it's going very well." LudwigPastorius 16 hrs ago #34
I was busy. Better late than never. usonian 16 hrs ago #35
Kinda sad and pathetic, isn't it? solara 16 hrs ago #36
He is right about the markets, stock and country... sheshe2 15 hrs ago #37
Meh, he's just doing what he does best: LYING Through His Teeth! calimary 15 hrs ago #38
Of course Figarosmom 15 hrs ago #40
no moral core subject 14 hrs ago #41
That's why they wouldn't let him drive the Tesler he bought: because he crashes everything. C Moon 14 hrs ago #42
Trump's problem is, and always has been is this: Aussie105 12 hrs ago #43
The felon bdamomma 6 hrs ago #47
He only lost four balls golfing. Things are great. twodogsbarking 6 hrs ago #49
if Trump said azureblue 6 hrs ago #50
Every day he wakes up not in jail means things are "going very well" mdbl 5 hrs ago #51
On the bright side, the car nazi lost all his post-election earnings. Crowman2009 4 hrs ago #52
The drop has been slow and selective so far Warpy 4 hrs ago #53
snork AllaN01Bear 4 hrs ago #54
Yup, yup, I believe him. Trump rules! Martin68 4 hrs ago #55
"Watch me blow flaming fart rings from my hindside!" struggle4progress 4 hrs ago #57
Nitwit Nero (as Roxanne Kincaid calls him) fiddles as American Rome disintegrates Montauk6 2 hrs ago #58
In the maga world up is down and down is up kimbutgar 2 hrs ago #59
"Believe me -- this shit sandwich I'm serving you is delicious"! Zorro 2 hrs ago #60
DOW down over 1,930 points right now. It will hit 2,000 Bengus81 2 hrs ago #61

iemanja

(55,761 posts)
28. No. His goal is to destroy America
Thu Apr 3, 2025, 09:02 PM
18 hrs ago

On Putin’s orders. It’s the only thing that makes sense.

riversedge

(74,799 posts)
3. The Economist covers from five months ago and today.
Thu Apr 3, 2025, 06:38 PM
20 hrs ago





The Economist covers from five months ago and today.


bucolic_frolic

(49,531 posts)
4. The plan is going exactly as intended. That's what he said.
Thu Apr 3, 2025, 06:39 PM
20 hrs ago

Don't read anything less into it.

And don't believe the lying Congressional Repukes that are publicly complaining. They're just covering their own political asses with lies. The plan is going exactly as they intended too.

BlueMTexpat

(15,551 posts)
45. Those craven cowards
Fri Apr 4, 2025, 08:09 AM
7 hrs ago

just confirmed Dr Oz!

They are aiding and abetting the Felon-in-Chief in everything he does!

The Republican Party has gone into full Nazi mode. Don't believe a word that ANY of them says!

Irish_Dem

(67,240 posts)
6. The tariff extortion scam must be working. Calls coming in offering Trump large amounts of cash
Thu Apr 3, 2025, 06:46 PM
20 hrs ago

and favors.

He doesn't care about anything else.

Ilsa

(62,667 posts)
11. I want him to go to prison if he negotiates
Thu Apr 3, 2025, 06:53 PM
20 hrs ago

anything for personal gain including a third term.

Irish_Dem

(67,240 posts)
12. He will just say it is all for the good of the US.
Thu Apr 3, 2025, 06:56 PM
20 hrs ago

He is immune from any consequences for his many crimes.
Congress and judges will never go after him.

Trump's karma will be in the afterlife.

I hope he goes to hell for eternity.
Along with Hitler and Putin.

Silent Type

(8,844 posts)
8. Early Futures are down too, but not much right now. Supposedly, trump is saying he's
Thu Apr 3, 2025, 06:47 PM
20 hrs ago

willing to negotiate now. But I wonder if all trust is gone.

Mike 03

(18,323 posts)
15. This clip of him is one reason I'm expecting tomorrow to be bad too.
Thu Apr 3, 2025, 06:59 PM
20 hrs ago

I dearly hope I'm wrong, but to me that soundbyte of him saying everything is grand just tells investors and everybody else that he has no plans to change his mind.

Bengus81

(8,554 posts)
56. Tanking again....down 1,500 at one point now at 1,406. Tesla DOWN $24.50
Fri Apr 4, 2025, 11:00 AM
4 hrs ago

Looks like it's all going to plan eh Trump?

Captain Zero

(7,793 posts)
9. Early Golf Weekend - Things going very well
Thu Apr 3, 2025, 06:50 PM
20 hrs ago

Of course they are going very well as he skips out of town.

Skip to the Lou.....

JMCKUSICK

(1,734 posts)
10. It's us that are delusional lol
Thu Apr 3, 2025, 06:52 PM
20 hrs ago

He keeps telling us it's all gonna boom and he's right. He's blowing it all up. Boom, Boom, Boom

Mike 03

(18,323 posts)
13. Bloomberg Radio has been playing this clip, to the dismay of the hosts
Thu Apr 3, 2025, 06:58 PM
20 hrs ago

and guests.

Of course he's an idiot and this is outlandish, but I am guessing the motive behind this is to act like he anticipated what happened today and is "fine" with it, and also (maybe more importantly) to disabuse everyone of the notion he will quickly reverse the moronic thing he has done to the world economy.

If he acted upset or surprised, it could be interpreted as signaling he might change his mind.

But it is simply preposterous.

hamsterjill

(15,732 posts)
21. Typical tactic
Thu Apr 3, 2025, 07:23 PM
20 hrs ago

He keeps saying that "things will get better" but they never do. Idiots believe him. Smart people know he's lying.

C_U_L8R

(46,920 posts)
22. Certifiable
Thu Apr 3, 2025, 07:42 PM
19 hrs ago

Unhinged from reality and causing harm to every person in this country. He ought to be put away.

Yo_Mama_Been_Loggin

(120,967 posts)
23. Things are going very well
Thu Apr 3, 2025, 08:12 PM
19 hrs ago

After he shit the bed he said it was the lightest he's felt in a long time

kimbutgar

(24,680 posts)
24. Don't believe what you see with your lying eyes and hear on the news
Thu Apr 3, 2025, 08:14 PM
19 hrs ago

It’s all fake news.

relayerbob

(7,133 posts)
27. It's going right according to plan
Thu Apr 3, 2025, 08:41 PM
18 hrs ago

I wish people would get that detruction of our nation *is* the goal. While there is plenty of incompetence involved, this is all based on sheer treachery. The military needs to step in and do a 25th Amendment.

slightlv

(5,245 posts)
30. Usually when one says something is going to go "boom"
Thu Apr 3, 2025, 09:28 PM
18 hrs ago

it means it's gonna explode into nothingness. Now THAT I can see as a true statement for our economy, our democracy, and for each of us. (sigh)

global1

(26,085 posts)
31. If Tr**p Is Saying This - It Means He's Somehow......
Thu Apr 3, 2025, 09:37 PM
17 hrs ago

benefitting financially from all this.

solara

(3,886 posts)
36. Kinda sad and pathetic, isn't it?
Thu Apr 3, 2025, 11:16 PM
16 hrs ago
Trump has mentioned for years now - how one of his greatest fears was to become a '"modern" Herbert Hoover, a failed president, who helped to author in the Great Depression. So here is donald, just barely into his new "presidency" and he is doing everything in his power to actually emulate Herbert Hoover - it's almost as if he doesn't know any history at all or any of the decisions Hoover's profoundly failed "presidency" made to encourage The Great Depression.

Herbert Hoover's time in the Oval during the Great Depression is often criticized for his policies, including his reluctance to use federal funds for direct relief, his support for the Smoot-Hawley Tariff Act, (significantly raised tariffs on over 20,000 imported goods in an effort to shield American industries from foreign competition during the onset of the Great Depression, which began in 1929) and which many historians argue deepened the economic downturn of the world. (wikipedia)

So trump is becoming one of the things he has always feared the most.. just another lack-witted, profoundly stupid Herbert Hoover gonna-be

calimary

(85,690 posts)
38. Meh, he's just doing what he does best: LYING Through His Teeth!
Thu Apr 3, 2025, 11:58 PM
15 hrs ago

When you boil it down to the bare-bone basics, he’s nothing but a liar. That is all.

C Moon

(12,781 posts)
42. That's why they wouldn't let him drive the Tesler he bought: because he crashes everything.
Fri Apr 4, 2025, 12:48 AM
14 hrs ago

Aussie105

(6,931 posts)
43. Trump's problem is, and always has been is this:
Fri Apr 4, 2025, 02:50 AM
12 hrs ago

He is an ideas man, comes up with an idea, declares it is good and will show everyone how bigly a genius he is.
Then he handballs his idea to underlings, and sits back.

It doesn't matter if the idea is unworkable, impractical or a total disaster, Trump will think it is good, and will say so, independent of reality.
Reality and self-appraisal don't get a look-in.

The word 'delusional' doesn't really cover it.

And whatever this is, it is infectious, people actually voted for him.
Hopefully the fever dreamers out there are recovering and seeing reality more clearly.



azureblue

(2,378 posts)
50. if Trump said
Fri Apr 4, 2025, 08:59 AM
6 hrs ago

"The Sun Comes Up in The West", his followers would believe him, and the GOP would agree.

Crowman2009

(3,030 posts)
52. On the bright side, the car nazi lost all his post-election earnings.
Fri Apr 4, 2025, 10:33 AM
4 hrs ago

Tesla's stock value has gone below its election day value.

Warpy

(113,133 posts)
53. The drop has been slow and selective so far
Fri Apr 4, 2025, 10:40 AM
4 hrs ago

affecting mostly the fast money tech stocks. Yes, the decline in other stocks has been significant but it has been far from catastrophic.....so far.

The ripple effects from oligarchic stupidity present and future will continue to give us all a bumpy ride for some time to come. Just remember that the worst reason to make any financial decision is panic.

kimbutgar

(24,680 posts)
59. In the maga world up is down and down is up
Fri Apr 4, 2025, 12:45 PM
2 hrs ago

Don’t look at facts just listen to the orange Hitler and watch right wing media. Only the magaloon president can make everything right !

Zorro

(17,122 posts)
60. "Believe me -- this shit sandwich I'm serving you is delicious"!
Fri Apr 4, 2025, 12:55 PM
2 hrs ago

"You might not like it at first, but you'll grow to really appreciate it when that's all you have to eat..."

Bengus81

(8,554 posts)
61. DOW down over 1,930 points right now. It will hit 2,000
Fri Apr 4, 2025, 01:18 PM
2 hrs ago

This is enormous................

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