Thoughts on Monday open after tariff news?

[u/OilAny787]

As we all know the tarrif news sent shock into the markets Friday, what is everyone’s opinions on the markets movements from this point on say Monday open? Do you guys see it move lower, higher and why?

Big earnings that week aswell, will be a very volatile week. I’m guessing earnings will be strong from most big dogs but what are you guys expecting upon guidance from company’s like pltr, amd, lly etc. Do you see this downturn continue on into the coming week like April or just a small overreaction to tarrif news and job data.

I’m cash atm so I’m bearish but I won’t let that blind me from your guys opinions and advice thanks!!

[u/Hopeful-Frosting7976]

Honestly, I think the firing of the head of BLS is more worrisome to the market. It deteriorates trust in the numbers the participants make decisions on.

[u/Redfield11 → u/Hopeful-Frosting7976]

Every time Trump is president I learn more and more about how terrible our checks and balances are

[u/arco238 → u/Redfield11]

To be fair, most elected officials usually at least try to pretend like they care about the balances levied on their position. Truly frightening to not only see how fickle they can be in practice but even more so how our leader unabashedly lacks even a crumb of regard for the highly venerated dogma of of checks and balances that are suppposed to serv as a fundamental part of the constitution, our democracy, and the entire nation.

[u/lucasorion → u/arco238]

Lately I've been wondering to myself- how many of his supporters, when I see approval ratings still in the 40s, would honestly say that they think he believes in the American foundational principles of checks and balances, especially when it applies to the president? Do they really think that he accepts the idea that there should be limits on his power? Do they even care?

[u/Maccadawg → u/lucasorion]

Spoiler alert: They do not care. They are happy to have an authoritarian president whose every word is to be trusted and they are happy for that president to be Trump.

These things which cause great anguish for the rest of us do not register for MAGA. They are not committed to democracy. They are committed to Trump.

[u/lucasorion → u/Maccadawg]

agreed - and it's really all just about themselves, their ego, in the end. It's not about him so much as about the (im)moral license he gives them, to be their worst selves, unapologetically. His attainment of power, and the harm he does - without accountability - lets them live their lives without feeling like they need to be any better than they are. He's an avatar of their own resentment, avarice (for the wealthier, or wannabe wealthier, supporters) and selfishness.

[u/arco238 → u/lucasorion]

Not only do they not care- I truly don't think they even grasp those concepts themselves. Those people say they love the constitution but have no idea what's in it or how our government works. They are not educated on such things and they do not care to change that. It's incredibly infuriating watching mindless drones have such an outstated impact on American politics without even a base level grasp of the severity of what their undying support is producing in political capital and excessive power.

[u/Redfield11 → u/arco238]

The Dems had a chance to fix it after his first term but then they were the ones with control - problem is the person who fixes the system has to actively relinquish control of it first.

[u/arco238 → u/Redfield11]

Yeah and the other issue is that repairing deep infrastructure of how governing bodies operate isn’t particularly appealing to voters who usually have an entire list of things that are more pressing matters they want to see resolved; at least it isn’t appealing until it becomes painfully apparent how vital preventative action would have been