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#cnbc

14 posts11 participants0 posts today
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FinchHaven sfba

@w7voa

"(which added $2.4 trillion in market value and erased it nearly as quickly)"

1) who knew in advance?

2) who bought into the bottom of the runup as the first mention hit #X and was picked up by #CNBC?

3) who sold as soon as the tide seemed to hesitate and turn?

Do not think for one second that this was not anticipated by anyone

It all started on #Musk's X after all

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joe•iuculano :mastodon:

Via #CNBC @ 11:46am ET on Apr 06, 2025

A crashing #StockMarket is not part of an intentional strategy by President #DonaldTrump, #White House #NationalEconomicCouncil director #KevinHassett told #ABC’s “#ThisWeek” on Sunday. This came after #Trump shared a link to a video on his #SocialMedia platform, #TruthSocial, which claimed the president was causing the #markets to plummet on purpose as part of his broader economic plans.

#Tariffs #Economy #DJI #NYSE

cnbc.com/2025/04/06/kevin-hass

CNBCMarket crash not part of Trump’s strategy, says top White House economic advisorDespite a video shared by Trump on Truth Social stating a market crash was part of his economic strategy, Kevin Hassett refuted the claim on ABC's "This Week."
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joe•iuculano :mastodon:

This is a perfect example of #Trump's billionaire friends shafting the #MAGA base. Will they ever learn?
_____

Via #CNBC @ 2:57pm ET on Apr 02, 2025

#Shares of #conservative news channel #Newsmax plunged more than 70% (It's actually down more than 80% at this very moment) on Wednesday as its meteoric rise as a new public company proved to be short-lived.

#StockMarket #NMAX #NYSE

cnbc.com/2025/04/02/conservati

CNBCConservative cable channel Newsmax shares plunge more than 70% after a dizzying 2-day surgeThe stock tumbled a whopping 72% Wednesday, following a 2,230% surge in Newsmax's first two days of trading after debuting on the New York Stock Exchange.
Continued thread
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Chris Alemany🇺🇦🇨🇦🇪🇸

Just came across this interview yesterday between CNN and Mélanie Joly where she mentions there have been talks between the Prime Minister of Canada and President of Mexico.

Good to see that that discussion is finally happening at the highest levels.

At the end, she is asked whether Canada and the USA are in a Trade War now. She answers yes, of course we are.

youtu.be/Z_TK1jQqBd0?si=TQ_dNr

youtu.be- YouTubeEnjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
#CanPoli#CdnPoli#CNBC
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Chris Alemany🇺🇦🇨🇦🇪🇸

11 minute interview between CNBC and Doug Ford and there is ALOT to unpack. The stupidity of the US commentators here talking to Doug Ford is just... 🤦‍♂️

Joe Kernen (sp) called Mark Carney, a former central banker, a “zealot”. A ZEALOT!? 😅 Because he believes in climate change apparently, or 'climate justice’ as he put it?

Obviously these fools still believe we can just burn down the planet and their investment portfolios will be just fine.

This was after there was sudden mass confusion on the American talking head side when Ford said Canada would get rid of all tariffs if the USA got rid of theres... obviously meaning the reciprocal tariffs Canada has put on, but apparently the talking heads thought he meant the tariffs Trump complains about (which by all accounts have never been applied)... which we should all know is just another smokescreen to Trump's actual intention, which is authoritarian, centralized control and manipulation of the market and thus economy of the United States and, in his hope, the world.

These are the same people who a year ago would have been cheerleading NAFTA/CUSMA... whose very purpose is tariff free trade.🤦‍♂️

Oh and "Joe" also tries to bait Ford into giving an opinion on Carney winning the election, Ford smartly avoids (as is Canadian political practice) much to Joe's chagrin.

Ford does an OK job overall here but I am saddened at the shot he takes at Mexico on "cheap parts" and talking about a "CUSA” deal without Mexico.

I don't understand Canada and Mexico's reluctance to work together through all this. There is obviously some sort of tension there that is not being communicated with the public of Canada, not sure about Mexico.

Also, if he thinks China is a bigger 'enemy' than the USA, he's fooling himself, but I suspect this is just the message he wants to portray to the Americans to try to get them to see reason.

cnbc.com/2025/04/02/trump-tari

Ford and CNBC host on left in their own video boxes with the market numbers, mostly negative on the right.
#CanPoli#CdnPoli#CNBC
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