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NCDem47

(3,323 posts)
Wed Apr 9, 2025, 01:32 PM Apr 2025

"Biggest one-day gain in five years"

CNBC saying regarding the S&P 500.

Trump and his monkees won't address a crash, but they'll jump on this!

Never mind giving no context that we were in the crapper for the last four business days and it only begins to dig us out of a hole.

12 replies = new reply since forum marked as read
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"Biggest one-day gain in five years" (Original Post) NCDem47 Apr 2025 OP
'Thanks,' elleng Apr 2025 #1
Me too. For sure. NCDem47 Apr 2025 #4
And China snowybirdie Apr 2025 #2
I'm only spending on essentials clevergrrrl Apr 2025 #3
Time to fatten up the lemmings? taxi Apr 2025 #5
I'd suggest reading the article with that headline. It gives plenty of context, as do other articles on CNBC home page. Silent Type Apr 2025 #6
I understand that. and agree. We're on the same page here. NCDem47 Apr 2025 #9
Oh, he'll definitely claim victory and that he's a genius. He always does. Silent Type Apr 2025 #11
We've seen this yo-yo for the past several weeks question everything Apr 2025 #7
Market manipulation Ritabert Apr 2025 #8
S&P closed over 6,100 points on February 20 Prairie Gates Apr 2025 #10
And why did that happen, genius? louis-t Apr 2025 #12

NCDem47

(3,323 posts)
4. Me too. For sure.
Wed Apr 9, 2025, 01:39 PM
Apr 2025

The commentary though is the sensational headline, that, on its own, can be manipulated by Trump to mislead.

snowybirdie

(6,563 posts)
2. And China
Wed Apr 9, 2025, 01:36 PM
Apr 2025

Isn't part of it. Were still going to feel prices go up soon. Inflation will piss is all off anyway

 

Silent Type

(12,412 posts)
6. I'd suggest reading the article with that headline. It gives plenty of context, as do other articles on CNBC home page.
Wed Apr 9, 2025, 01:42 PM
Apr 2025

A few other quotes from CNBC link:

"“Given how depressed stock prices and sentiment had become, the 90-day pause is sparking a violent rebound, and delaying implementation certainly removes a giant overhang from the market,” said Adam Crisafulli. “But – tariffs are not going away. China’s tariff rate is now in triple digit territory, and who knows what happens in 90 days when this pause concludes.”

"This allows for at least a near-term rally, but I would not assume that the bottom has been put in place,” added Sam Stovall, chief investment strategist at CFRA Research. “Fool me once shame on you; fool me five times, shame on me.”

"Prior to the announcement of the 90-day pause, investors were on edge over an escalating tit-for-tat between China and Trump. The EU had also approved its first set of tariffs on the U.S. set to start April 15."

NCDem47

(3,323 posts)
9. I understand that. and agree. We're on the same page here.
Wed Apr 9, 2025, 01:52 PM
Apr 2025

It's TRUMP who runs with flattering headlines. I was predicting to watch for him and Republican talking heads to come out to tout the headline and bury/not address the bigger story. So like them. At least Trump will run with a Truth Social post along the lines of "See what I created! The largest one day jump in five years!" Or something like that.

question everything

(51,692 posts)
7. We've seen this yo-yo for the past several weeks
Wed Apr 9, 2025, 01:42 PM
Apr 2025

He is going with tariffs, market drops, someone gets in and buys cheap, then he plays SNL Emily Latella, “never mind”. Market goes up and that someone is making a bundle.

Prairie Gates

(7,175 posts)
10. S&P closed over 6,100 points on February 20
Wed Apr 9, 2025, 01:53 PM
Apr 2025

It's down over 12% in the last 50 days (even counting today's gains). If you had $400,000 in a retirement account indexed to the S&P, you'd be down almost $50,000 in less than 2 months.

louis-t

(24,575 posts)
12. And why did that happen, genius?
Wed Apr 9, 2025, 02:32 PM
Apr 2025

Because you're a genius? No, because you paused some of the tariffs. Even if that was your 'plan' all along, what's the point? What are you accomplishing besides waving your tiny, mushroom dick in everyone's face?

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