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No Leftists, the Stock Market Temporarily Tanking Due to Tariffs Isn’t a Big Deal

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yesterday

The left is in a frenzy predicting the sky is falling due to the stock market tanking last week, caused by President Donald Trump’s announcement of 10 percent tariffs on almost all imports, including higher tariffs for certain countries and China responding with its own 34 percent tariffs. However, there is nothing unusual about this. The stock market goes up and down, it will not stay down, but will rebound. They sound so silly scaring elderly people into thinking they are going to lose their life savings.   

The stock market was similarly very low for much of 2022 and all of 2023 under the Biden administration, but where was the outrage then? It’s completely predictable that many traders would sell off their stock due to uncertainty over the effects of the tariffs. Markets always overreact to events, with investors engaging in panic selling. One finance professional posted on X that market volatility is how Wall Street makes money; without it, there are no profits.

Chad Sartin, a leader in digital finance with 25 years in the precious metals industry, said Trump is........

© Townhall