Trump Calls Tariffs the Most Beautiful Word' (October 17, 2024)
www.wsj.com

... "To me the most beautiful word in the dictionary is tariff,'" the former president told an audience of about 600 business executives and others gathered in a basement ballroom of a hotel here during an interview with Bloomberg Editor in Chief John Micklethwait.

Trump plans to use tariffs to raise revenue for the U.S., while claiming that tariffs will be paid by foreign countries rather than American consumers. ...

The Dow plunges 800 points -- and the Nasdaq and the S&P 500 are bleeding even worse
finance.yahoo.com

... Stocks fell sharply on Monday as Wall Street's fears tied to President Donald Trump's tariffs continue to pressure the market and investors wait for new economic data, especially inflation on Wednesday.

The Dow Jones Industrial Average plunged 805 points, or 1.9%, in afternoon trading. But the other major market indexes saw even steeper losses. The S&P 500 fell 2.7%, and the Nasdaq Composite plummeted 4.2%. Last week was the stock market's worst in two years.

"Uncertainty about U.S. trade policy and weaker economic data are leading to investor caution," Angeles Investments CIO Michael Rosen told Quartz. Investors, he said, "are rotating from previous market leaders to companies and markets that have lagged. Investors should diversify portfolios out of the U.S. as a weaker dollar favors non-U.S. assets." ...

Trump warns the market will crash if he loses. (February 2024)
www.cnn.com

... Trump is not just foretelling a market meltdown -- something he, wrongly, forecast in 2020. The former president is predicting the mother of all market crashes if he isn't victorious.

"If we lose, you're gonna have a crash like you wouldn't believe," Trump said at a campaign rally on Friday. He went on to say a loss for him would spark "the largest stock market crash we've ever had." ...