this post was submitted on 11 Apr 2025
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After stock markets plummeted in response to Donald Trump’s announcement of widespread tariffs, he suddenly announced a 90-day pause on the new policy. Capital will resist any measure that threatens profits — and that’s just what happened yesterday.

top 19 comments
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[–] Blackmist@feddit.uk 2 points 13 hours ago

Short markets.

Crash markets.

Invest in markets.

Reverse crash.

Repeat.

[–] gravitas_deficiency@sh.itjust.works 67 points 1 day ago (4 children)

lol uh I don’t think that’s what happened. It was pretty obviously market manipulation. He’s intentionally creating a dip, then buying it, and selling the spike. I expect this to be repeated going forward.

[–] miguel@fedia.io 50 points 1 day ago (2 children)

Dude literally pointed to his friends who made a killing on it, and posted "buy" info on his socials before reversing.

If we had any kind of system of laws, that'd be jail time.

[–] henfredemars@infosec.pub 14 points 1 day ago (1 children)

Pffft the king can’t commit crimes!

[–] miguel@fedia.io 4 points 1 day ago

I think even UK common law has something to say about that, some kind of Magna Carta? We regressed right back to pre-constitutional monarchy, do not pass go.

[–] Boddhisatva@lemmy.world 21 points 1 day ago (2 children)

Yep. He even announced on TruthSocial, "THIS IS A GREAT TIME TO BUY!! DJT" less than four hours before he dropped the tariffs.

This is exactly what I mean :P

For those who haven’t seen this yet: yes, it is real. I didn’t believe it at first either. It’s just so… absurdly blatant. But it is very much real.

[–] resipsaloquitur@lemm.ee 2 points 1 day ago

A way to increase his followers on Truth Social™️.

Yes, he’s that petty.

[–] resipsaloquitur@lemm.ee 7 points 1 day ago

The tariffs are on pause while his palm is out waiting for some silver to cross it.

That was always the plan. Just bribes.

[–] newthrowaway20@lemmy.world 9 points 1 day ago* (last edited 1 day ago)

It can be both..

He reacted to the movement in the bond market out of panic, but also saw it as an opportunity to enrich himself and his cronies once he knew he was gonna cancel tariffs because he saw how the market would bounce back based on the tweet the day prior.

[–] resipsaloquitur@lemm.ee 22 points 1 day ago (1 children)

Weird how these same people called Biden senile and Trump a master businessman.

[–] Doom@ttrpg.network 1 points 18 hours ago

Because it is easier for rich people to deal with senile Biden and insane Trump.

Competent politicians are a problem

[–] MCasq_qsaCJ_234@lemmy.zip 30 points 1 day ago (1 children)

Trump may be an idiot, a Russian asset, a Chinese asset, senile, a narcissist, or all of the above.

[–] Kaput@lemmy.world 10 points 1 day ago (1 children)

But he's not a porno Star.

No he just rapes porn stars.

[–] noride@lemm.ee 18 points 1 day ago

People calling this plain ole market manipulation are missing the forrest for the trees. The bond market tells the tale, there was a concerted effort to bleed US bonds and drive the price down, which is why Trump blinked. None of his tax plans can come to fruition if no one will buy US debt, they were just too stupid and shortsighted to see this coming, hence the reversal.

Next time I'm not sure we will get so lucky. For the next "90 days", Peter Navarro and morons like him will be downplaying the selloff to Trump, which will embolden him to ride it out no matter what happens.

[–] PugJesus@lemmy.world 13 points 1 day ago* (last edited 1 day ago)

Really? Because it seems to me like literally every other "Start-stop-start-stop" shit he's been pushing for the past three months, which he has learned absolutely nothing from.

The desperation of some people to believe that there is some greater plan here, even if an evil plan, is astounding.

People are often stupid. We elected one of the stupidest. And his stupid followers are cheering on his every move. The only thing Trump reacts to, like most idiotic cult leaders, is more or less adulation. Expect more stupidity, starting and stopping at random or at the expectation of a negative response from his professional fluffers, going forward.

The only 'deeper than it appears' aspect of this is possible market manipulation.

[–] cannedtuna@lemmy.world 14 points 1 day ago

Learned? I don’t think he’s capable of learning anything.