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The world’s richest people added $304 billion to their combined net worth, the largest one-day gain in the history of the Bloomberg Billionaires Index, after Trump pledged to pause tariffs for some countries

bloomberg.comBillionaires Score Best-Ever Day as Stocks Soar on Tariff PauseThe world’s wealthiest people added $304 billion to their combined net worth on Wednesday — the largest one-day gain in the history of the Bloomberg Billionaires Index — as stock markets soared after ...

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Paper gains and losses. If they aren’t corrupt they lost $300B last week and gained it back this week. Those that sold last week and bought this week made a killing. Especially if they shorted the market last week. Made money when it crashed and made money when it rebounded. Crooks.

This doesn't come without a cost to the rest of us. The United States cannot be trusted as a partner in trade. Our reputation is damaged thanks to this game of billionaire chicken.

Deep in his heart, Trump is both an environmentalist and a Marxist. To protect the environment, he shuts down international trade and travel. To cause the revolution predicted by Marx, he concentrates all capital in a few oligarchs’ hands and further impoverishes the proletariat.

Let us see how Tesla stocks will do after the earnings report? Maybe Elon will mention his future robotaxi and robots again, and buyers will pay higher besides the dismal earnings report.

And what do they do with that wealth? This just goes to show that the US is the wealthiest country on the planet. The issues are not caused by unfair trade. The people of the US are not ripped off by other nations. It's your wealth being distributed very unfairly.

My SubStack post offers a brief introduction to #freetrade open.substack.com/pub/thewhyex... Understandably the #global marketplace #economy is very complex considering the volume of trade between nations Yet any nation sees free #trade opportunities between its own internal market participants

open.substack.comWhy free trade benefits all trading partners, producers and consumers ...Free trade allows markets to operate efficiently providing consumers with good value for products and services they wish to purchase. Tariffs, however, distort the markets hiding real prices.

But what value is behind? Like D. Trump, they can take now more loans, and the common people pay for it. A future without democracy, so to say. A world without democracy is no loss for communist "China".

Of course they did…conveniently, right after DOGEing the investigators and regulatory bodies that might look into market manipulation and insider trading. They were even ballsy enough to do a test run.

Organized market manipulation by the billionaire mafia with the help of the orange fascist at the expense of ordinary Americans and ordinary people in the rest of the world.

The market seems to be (wrongly) assuming that people have given Bezos a Pas and ate still happily shopping on amazon as before and haven't cancelled their prime subscriptions...

Amazon should have fallen far harder on the initial tariffs announcement - I would estimate that 70%+ of the stuff sold on Amazon is "Made In China" I am increasingly thinking US institutional investors / analysts are actually pretty dim - or simply behaving as they think a dictator would want them

Amazing what happens when Trump does nothing. He just cannot accept he was handed a strong economy. Biden is so far in his head since his economic numbers were better. No one is going to clap for deporting college kids. Sorry. Not heroic seems mean.