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there was a report that Kevin Hassett

Posted on: April 7, 2025 at 09:41:10 CT

Ferg MU

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said Trump was going to put a 90 day pause on implementing tariffs. It caused the market to spike. The report turned out false and the market continued tanking.

Please explain why this message is being reported.

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MESSAGE THREAD

LMAO @ Ferg and Feej - Fire Marshall Bill STL - 4/7 09:33:58

the markets are down - Ferg MU - 4/7 09:36:57

did Trump pause tariffs for 90 days?(nm) - Fire Marshall Bill STL - 4/7 09:37:41

Is he back from his golf trip yet or is he still - playhard KC - 4/7 09:43:43

LOL- your burn game is beyond awful(nm) - Fire Marshall Bill STL - 4/7 09:51:25

he's back. making sure we all get our medicine. (nm) - noodle MU - 4/7 09:50:25

there was a report that Kevin Hassett - Ferg MU - 4/7 09:41:10

i thought he caved, Ferg (nm) - 90Tiger STL - 4/7 10:05:12

that was the report that turned out - Ferg MU - 4/7 10:10:00

we know, you came here with glee to dunk on Trump - 90Tiger STL - 4/7 10:10:42

I was hoping that the report was accurate because - Ferg MU - 4/7 10:14:16

market and economy are two different things (nm) - 90Tiger STL - 4/7 10:14:59

yes, but the market can be a leading indicator - Ferg MU - 4/7 10:17:58

or it can be responding emotionally to a major policy shift - 90Tiger STL - 4/7 10:19:44

the market seems desparate for any good news right - Ferg MU - 4/7 10:29:07

I'm not holding my breath, but some hopefully good - 90Tiger STL - 4/7 10:38:53

But you and fiji rushed here ASAP to say Trump caved - Calca STL - 4/7 09:44:12

ferg and fiji: If they aren't embarrassed, they certainly - BH O'bonga MU - 4/7 09:48:37

I don’t follow the premise of why I should be embarrassed (nm) - FIJItiger MU

- 4/7 09:49:34

this isn't rocket science dude - Fire Marshall Bill STL - 4/7 09:50:40

he's 25 years into a career in the equity markets and - 90Tiger STL - 4/7 10:14:25

RE: this isn't rocket science dude: His denial follows in - BH O'bonga MU - 4/7 09:52:21

No, that is not what happened (nm) - FIJItiger MU

- 4/7 09:51:41

ok, J6 (nm) - 90Tiger STL - 4/7 10:11:04

LOL, only you are arrogant enough to deny such - Fire Marshall Bill STL - 4/7 09:59:23

yes it is(nm) - tman MU - 4/7 09:56:52

the market verified that point. It turned out to be - Ferg MU - 4/7 09:45:46

lol...."The market was duped too!!!"(nm) - CulturedDan MU

- 4/7 09:50:59

lol sure pal, tell yourself anything(nm) - Calca STL - 4/7 09:46:39

ok. you tell me. What caused the temporary spike? - Ferg MU - 4/7 09:48:04

You made an editorial conclusion based on 10 minutes - CulturedDan MU

- 4/7 09:52:02

no, traders made a decision to buy equities bassed on a - Ferg MU - 4/7 09:56:41

RE: no, traders made a decision to buy equities bassed on a - CulturedDan MU

- 4/7 10:04:01

LOL, the only way this could be any more embarrassing for - Fire Marshall Bill STL - 4/7 10:01:42

you think Trump froze tariffs for 5 minutes?(nm) - Fire Marshall Bill STL - 4/7 09:49:48

you don't understand the market - Ferg MU - 4/7 09:57:07

why?(nm) - CulturedDan MU

- 4/7 09:34:34

perhaps cause they stepped on rakes - Fire Marshall Bill STL - 4/7 09:36:48

I wouldn't spike that football yet - somebody is reporting - CulturedDan MU

- 4/7 09:38:20

There was like a 2.000 point spike in the market - meatiger MU - 4/7 09:41:08

yup, it was weird - and it was correlated with the - CulturedDan MU

- 4/7 09:45:02

it just shows how bad the market wants the - Ferg MU - 4/7 09:46:44

RE: it just shows how bad the market wants the - meatiger MU - 4/7 09:59:51

that's a dumb conclusion(nm) - CulturedDan MU

- 4/7 09:52:56

You would never do that (nm) - meatiger MU - 4/7 09:37:34

link?(nm) - Fire Marshall Bill STL - 4/7 09:38:06

RE: link?(nm) - meatiger MU - 4/7 09:39:25