SAN FRANCISCO
Lee Heidhues 3.10.2025
What say now all you fools who fell for the BS being spouted off by the Convicted Felon Donald Trump? How are things looking now out there in MAGA land? This arrogant clown has been President only seven weeks and the economy is already in the tank.
The arrogant felon Trump. What me worry?
Too bad the intelligent ones are going to pay a price for your idiocy at the ballot box.
Excerpted from The Wall Street Journal 3.10.2025
Stocks slid Monday as concerns about the U.S. economy tipping into a recession grew.
The Dow gave up nearly 900 points, the S&P 500 fell 2.7% and the Nasdaq Composite tumbled 4% as shares of big tech companies extended their selloff. Tesla’s stock lost 15%. Shares of the other Magnificent Seven stocks—Apple, Microsoft, Alphabet, Amazon.com, Nvidia and Meta Platforms—fell between 2% and 5%.
President Trump over the weekend refused to rule out the U.S. entering a recession this year, telling Fox News there will be a “period of transition, because what we’re doing is very big.” In contrast, Commerce Secretary Howard Lutnick told NBC News: “There’s going to be no recession in America.”
Some investors say that the Trump administration’s seemingly blasé attitude toward potentially setting off a downturn is rattling market watchers, who had believed that Trump’s pro-growth stance would boost the economy and markets.
“This is the first time we’ve had an administration pretty much say with a straight face…the objectives are going to cause pain,” said Shelby McFaddin, investment analyst at Motley Fool Asset Management.
https://www.wsj.com/livecoverage/stock-market-today-dow-nasdaq-sp500-03-10-2025
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