JP MORGAN: “Stocks will DUMP on Trump Tariffs, SELL Now”

While details are scarce, the Washington Post reported that the Trump administration is weighing a 20% duty on most imports into the U.S., though no final decision had yet been made. “We remain Tactically Bearish” ahead of Wednesday, wrote traders at JPMorgan in a note. “We think the policy uncertainty is the dominant factor in …

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Brace for unbearable volatility… I think Wall Street got their 2025 predictions a bit wrong.

$VIX Weekly looks ominous. Brace for unbearable volatility. pic.twitter.com/UUZFkwocMp — The Great Martis (@great_martis) March 31, 2025 So here we are with two days to go and we just learned that Trump plans a $600 billion tax increase on the U.S. working class and a global financial crisis: https://t.co/NK2zin9W1G Ok, I think Wall Street got …

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Jensen Huang and Michael Dell are out of the $100 billion club after a terrible quarter for stocks

The $100 billion club got smaller after a tough three months on the markets. Michael Dell’s net worth fell by $24.5 billion this year, while Jensen Huang is down $19.2 billion. While some of the superrich lost billions, Warren Buffett’s net worth soared by $24.3 billion. Nvidia’s Jensen Huang and Michael Dell have fallen out …

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Hooters restaurant chain files for bankruptcy

Hooters of America has filed for bankruptcy in Texas, as it tries to deal with its debts by selling all of its company-owned restaurants to a group backed by its founders. The firm currently directly owns and operates 151 restaurants, with another 154 operated by franchisees, mainly in the US. The company said its restaurants, …

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Students snub Columbia University… brand in decline?

Columbia University faces new trouble as top admissions consultant says students won’t accept offers — ‘brand has been tarnished’ On Friday, interim university president Katrina Armstrong resigned her post amid allegations that she had told the federal government she would implement a mask ban for campus protests — but privately promised faculty it would not …

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Market overvalued and overbought, with bearish price action now confirmed. Americans’ 1-year inflation expectations surge from 2.6% to 5.0% in three months.

Market overvalued ✅Market overbought ✅Bearish price action confirmation ✅ pic.twitter.com/G9f275GkAt — Guilherme Tavares (@i3_invest) April 1, 2025 Linkhttps://t.co/uFMsfLLbSj pic.twitter.com/0CnpwQeJ5J — QE Infinity (@StealthQE4) April 1, 2025 ISM Prices Paid pic.twitter.com/q2t24pHB4d — Don Johnson (@DonMiami3) April 1, 2025 Bond investors are worried: The 2-year breakeven inflation rate has jumped to 3.27%, the highest since the March …

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Russia says it won’t accept US cease-fire proposal ‘in its current form’ in sign Ukraine peace talks may have stalled

Russia says it 'cannot accept' US proposal for Ukraine peace deal and issues fresh set of demands https://t.co/mo5uK4f4Bs via https://t.co/bW2q6pdcHt — Doris Bivings♏🦂🦃🎃💙💙❤❤🇺🇦 (@BivingsDoris) April 1, 2025 Russia is taking US proposals for a cease-fire in Ukraine “seriously” but can’t accept the deal as it stands, a senior Russian diplomat said Tuesday — suggesting peace …

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Newsmax is now over $200

Newsmax is now over $200 😅 pic.twitter.com/NZTAiP2Gqe — Evan (@StockMKTNewz) April 1, 2025 Newsmax, $NMAX, a cable-news media stock, is now up from $10 to $190 in 24 hours, up +1,800%. All as the S&P 500 falls into a correction and the Magnificent 7 near bear market territory. What is happening here? https://t.co/03xhS8qPIJ pic.twitter.com/QlcsIvlX0g — …

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Changes to Chase Lyft Benefits

Per DoC: Sapphire Reserve and J.P. Morgan Reserve cardholders get a new monthly $10 in-app credit (sounds like a coupon discount at checkout, not a statement credit on the card). The credit will not be valid ons Wait & Save rides, nor on bike or scooter rides. Cardholders will earn 5x points per dollar (total) on …

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Ex-military British tourist praised for stopping Amsterdam attacker with restraint techniques

🇬🇧🇳🇱 BRITISH TOURIST WHO TOOK DOWN AMSTERDAM KNIFEMAN LIKELY EX-MILITARY The British man who tackled a knifeman after five stabbings in Amsterdam is believed to have military or security training. Experts pointed to his restraint techniques, calm demeanor, and use of a belt to… https://t.co/ZeTYNa5prG pic.twitter.com/JHLO24sRQh — Mario Nawfal (@MarioNawfal) April 1, 2025

Tourists evacuated as Icelandic volcano begins to erupt

https://en.vedur.is/earthquakes-and-volcanism/earthquakes A volcano south of Iceland’s capital, Reykjavik, erupted on Tuesday, marking the 11th such event since 2021. The eruption, a vibrant display of lava and smoke, prompted evacuations of areas around Sunddhnúksgígar, including the popular Blue Lagoon spa and the fishing town of Grindavik. A red alert has been issued for the area, which …

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Trump admin tells Americans: Stop expecting cheap products, inflation is here to stay

US Treasury Secretary Scott Bessent, a billionaire hedge fund manager who worked for George Soros, insists, “Access to cheap goods is not the essence of the American dream”. The Donald Trump administration knows its tariffs will result in higher inflation. Products will become more expensive as the US tries to economically decouple from China. Ben …

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Marine Le Pen sentenced to 4 years, proving Vance’s CPAC warning true. Christine Lagarde was convicted of embezzlement but still became ECB chief

🇺🇸🇪🇺 JD VANCE WAS RIGHT: EUROPE CRACKS DOWN ON POLITICAL OPPONENTS Marine Le Pen getting sentenced to 4 years in prison makes JD Vance’s CPAC speech in February sound more like a warning than a hot take. VP Vance: “Germany's entire defense is subsidized by the American… https://t.co/3iAqVHQYY9 pic.twitter.com/S6MMx25Hd7 — Mario Nawfal (@MarioNawfal) April 1, …

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NY Times figures it out, why Trump keeps musing about third term. Redirects media attention, lame duck strategy.

The president’s comments deflect attention from other controversies. And they freeze the field of potential successors who might steal the spotlight from a lame duck. President Trump cannot run for a third term as president, barring changes to the Constitution. But that has not stopped him from openly flirting with the idea. He has floated …

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50% of COMEX Gold Still Not Deliverable

BREAKING: 50% of COMEX Eligible Gold is still not Eligible as deliverable supply, says COMEX operator CME on 9 December 2024. Deliverable supply of gold according to COMEX and CME = Registered + 50% of Eligible Which means that there is far less gold than imagined in Comex… pic.twitter.com/kQO9Hd0P5B — Ronan Manly (@BullionBrief) March 30, …

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Trump Says He Is “Very Angry, Pissed Off” at Putin

by Mike Shedlock If Trump remains angry, no country buying Russian oil will sell anything to the US. The Wall Street Journal reports Trump Expresses Anger at Putin as Ukraine Talks Make Little Progress On Friday, Putin called for “interim governance” in Ukraine under the auspices of the United Nations, which would essentially push out Ukrainian …

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