The Irony…
Treasury Secretary Bessent on the stock market: "Look, the market was up 20 percent last year, 20 percent the year before. Did the Biden administration succeed? The American people weren't buying it just because the market was up. They voted out the Democrats."
Morgan Stanley's Mike Wilson just said he thinks the stock market will drop another 5% hitting 5,500 on the S&P 500 in the first half of 2025
Advertising Earning Drop
Rocket Agrees $1.75 Billion Deal for Real Estate Broker Redfin
Lutnick on tariffs: "If fentanyl ends, I think these will come off. But if fentanyl does not end, or he's uncertain about it, they will stay this way until he is comfortable. This is black and white."
US Commerce Secretary Howard Lutnick: "Wouldn't it be amazing to stop paying taxes to the IRS and have the external revenue service replace our taxes?... That's the goal of Donald Trump... He's going to do everything he can to make that happen."
New Canadian Prime Minister Mark Carney says he will continue trade wars with the United States. "My government will keep tariffs on until the Americans show us some respect."
President Trump says the US will make "hundreds of billions of dollars" from tariffs and "become so rich you won't know where to spend all that money."
TRUMP: "I don't think tensions are high. Elon is a very special person and these cabinet people are special people. These are all successful people. I think they have a fantastic relationship to Elon. DOGE has been incredible. $100Bs of waste and fraud and abuse has already been found.
Trump says America will "never sell" Bitcoin.
Stock Market Performance Trump 1.0 vs Trump 2.0 📈📉
Canada is NOT warming to what Trump’s selling. Finally, people are speaking out about his personality disorders.
🇨🇦 New Canadian Prime Minister Mark Carney says "my government will keep tariffs on until the Americans show us some respect."
🚨BREAKING: Mark Carney to be the next Prime Minister of Canada! 🇨🇦
Bitcoin extends its decline to below $82,000 with crypto market losses exceeding -$170 billion today.
Kristin Welker asks Commerce Secretary “Who’s in charge of your agency, you or Elon Musk!?"
TRUMP: “There could be a little disruption. You can't really watch the stock market. If you look at China, they have a 100-year perspective… we go by quarters. What we’re doing is building a foundation for the future.”
