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Related: About this forum'Trump induced economic crisis': Markets continue to drop as major firms raise odds of recession - Deadline - MSNBC
Stephanie Ruhle, Host of the 11th Hour on MSNBC, and David Gura, Bloomberg News Anchor and Correspondent, join Nicolle Wallace on Deadline: White House to discuss the continued plummet of the stock market as a result of Donald Trumps tariffs, the lack of confidence that investors have in the Trump Administration's economic policies, and what comes next. - Aired on 04/07/2025.
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'Trump induced economic crisis': Markets continue to drop as major firms raise odds of recession - Deadline - MSNBC (Original Post)
Rhiannon12866
Apr 7
OP
bucolic_frolic
(50,021 posts)1. Common to see mutual funds and ETFs dropping 1.4% each day
Great volatility in tech, up 5% one day, down 5% the next. It's beginning to infect foreign funds as well.
CitizenZero
(892 posts)2. Quote from the Video Clip
A CEO quoted in the clip- "He [Trump] has surrounded himself with an incompetent cadre of yes men and women unable or unwilling to offer him cogent counsel." That about says it all. The whole group is incompetent, and the public is suffering because of it. This is bad and is likely going to get worse unless something is done to stop it. At least some Republicans in Congress are talking out against the tariffs, but not enough of them, so far.
Rhiannon12866
(233,008 posts)3. That really does say it all and we know that he chose these sycophants over qualified nominees intentionally
Our only hope is that Republicans in Congress will finally yield to the pressure and choose their constituents over TFG's threats.