Consumer sentiment fell nearly 11% from March to April and 34% from this time last year, according to new data from University of Michigan’s authoritative survey, released Friday.
The drop continued a three-month trend brought about by Trump’s vow to impose tariffs on products imported to the U.S., a promise Trump fulfilled last week in what he called a “Liberation Day” ceremony at the White House.
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The Yale Budget Lab estimated the average household will be $4,700 poorer as a result of Trump’s tariff gamble.
Now that everyone knows he is pumping and dumping the markets… Will everyone play into it to make a ton of money?
The process is simple, in 80some days wait for the news to say "trump will apply xx.x% tariffs on such and such countries. Wait a few hours to watch the markets tumble. Let the market keep dropping like mad. Finally, on the 90th day, when the news says he is about to do it, and the markets take a big dump, just jump in and buy shares in everything like a crazy person. Now wait and watch the markets do a dead cat bounce. Here you can sell at the high point until you recuperate some money. Or wait for when he says "nah, we’re cool! I wasn’t gonna do it! And the markets soar. That’s where you sell all. That locks in some profit. Then you just go back to whatever you were doing before. Wait here until he dumps more tariffs on the market.
America’s decline will come at some point, sooner or later, so I might as well play the game. Short the American stock market before it crashes and World War 3 happens!