Trump Sends Market INTO PANIC with his DISASTER WEEK
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Why are markets reacting negatively to Trump’s post‑election behavior?
The markets, as predicted, are not reacting positively to Donald Trump being the president-elect and his erratic behavior thus far as predicted. We're now seeing that strategists are now lifting the probability of a recession taking place to 75% after Donald Trump's win, and they are recommending that. People prepare and brace themselves for a recession. Under President Biden, the SP 500 and the stock market continue to hit record highs every single day, or mostly every single day. But now the SP 500 is below where it opened on November 6th. Here's the headline from CNBC: stocks fall heading for a negative week. As post-election rally loses steam, and you can see here the stock market really does not like Donald Trump.
You can see it going down, down, down, and down even more. Now look. Elon Musk did say that if Donald Trump were to win, the people would suffer. They would suffer hardship. But Elon Musk said that your suffering, that your hardship would be good in the long run. Well, That's not the case. We were saying it was not the case. Elon Musk and his billionaire bros, they're making a lot more money now while we the people are suffering. At one point, the stock market was almost down about a thousand points today. But look, when you fire half of all federal employees in the current job market, as Donald Trump suggests, as you raise uh tariffs or you impose tariffs on American companies 2,500%, 3,000%, as Donald Trump claims.
When you try to just cut taxes for the billionaires while screwing over the rest of we the people, um, when you dismantle social safety nets, guess what happens? That pushes the company into economic collapse. Here's the headline from the new republic: the stock market is tanking as Trump unveils a nightmare cabinet. Remember one when everyone remember when everyone was excited about Uh, the stock market going up after Trump won. No, now the market is actually reacting to what Donald Trump is doing. And one of the things that we're seeing, for example, is that with his selection of RFK Jr., for example, to lead HHS, HHS, Health and Human Services, pharmaceutical stocks are now crashing. And look, I'm not here to be a cheerleader and
Be like, I love big pharma. Not at all, but there are some things that big pharma does well. They do make some life-saving medication. We do have to recognize that they are a major part of our economy. Look, the Biden Harris administration recognized that. They worked to use the government to negotiate lower drug prices with big pharma, not to actually tank and crash American corporations. You look at all the pharmaceutical stocks. And they are in a crash mode right now, whether it's Moderna, Novavax, Biotech, you take a look at it, these pharma stocks are doing absolutely horrific, which MAGA is apparently cheering. They like when American corporations are doing horrible. Meanwhile, on the Reddit boards, consumers are talking about: hey, look, Elon Musk said that Trump's plan.
Would collapse the US economy. But Americans are rooting for that. This is what Elon Musk said what was going to happen. So lots of people on Reddit, for example, are like this guy, Shape of Things, saying: so currently the plan is to fire 75% of government employees, ban vaccines and fluoride, slash taxes for the rich, pull out of all international agreements, kill Obamacare and Medicaid, get rid of all veteran support. Women's reproductive rights and all things LGBTQ. Yeah, you think things are gonna go well like this? And then the next person goes, but guess what? We owned you, Libs. We owned you. Your body, my choice. Woo-hoo! Trump train, baby. I mean, seriously. Um, you know, and then one person pointed this out uh in terms of the article that says America now has a 75% chance of recession.
How did analysts’ recession odds rise to 75% after Trump’s win?
This account goes, Really? You think it's only 75%? Someone's an optimist because during Donald Trump's first term, the recession caused by his much more mild tariffs actually started in 2019. And here's the thing that people like to forget. I don't know if it's COVID amnesia or whatever, but the Trump recession was beginning in 2019.
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Chapters
4 chapters
1
Why are markets reacting negatively to Trump’s post‑election behavior?
0:00–4:20
2
How did analysts’ recession odds rise to 75% after Trump’s win?
4:20–9:00
3
What impact did Trump’s cabinet picks have on pharma stocks?
9:00–14:01
4
How does the 2019 manufacturing recession under Trump compare to today?
14:01–16:45
Speakers
2 identifiedMore from The MeidasTouch Podcast
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