Summary
As the stock market plunged Monday due to Trump’s trade wars, he spent the day posting on Truth Social.
The Nasdaq fell 4%, its worst drop since 2022, while the S&P 500 lost nearly 3%. Major tech stocks, including Tesla, saw significant losses.
Trump posted over 100 times, endorsing his tariffs despite investor panic. A White House official dismissed the sell-off as irrational fear.
Commerce Secretary Howard Lutnick insisted a recession is unlikely. Trump avoided a clear recession prediction, calling the economy’s shift a “transition.”
Don’t worry, next election the Dems will win, and spend 4 years fixing the mess. And while doing so, Americans will accuse them of doing nothing and vote them out in favour of Republican, who will fuck everything up, until the Dems as elected to fix it again. Rinse and repeat and you got American politics