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ABC Feeds

Live: ASX set to rise after Wall Street rally on Fed's assurances
By Stephen Letts

The ASX is set to rise after Federal Reserve bosses' assurances sparked a Wall Street rally. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

abc.net.au/news/2025-04-14/asx

#StockMarket #FinancialMarkets #Currency #CompanyNews #BusinessEconomicsandFinance #EconomicTrendsandIndicators #Cryptocurrency #StephenLetts

Business news updates: ASX set to rise after Wall Street rally on Fed's assurancesABC News
ABC Feeds

Live: ASX set to rise after Wall Street rally on Fed's assurances
By Stephen Letts

The ASX is set to rise after Federal Reserve bosses' assurances sparked a Wall Street rally. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

abc.net.au/news/2025-04-14/asx

#StockMarket #FinancialMarkets #Currency #CompanyNews #BusinessEconomicsandFinance #EconomicTrendsandIndicators #Cryptocurrency #StephenLetts

Business news updates: ASX set to rise after Wall Street rally on Fed's assurancesABC News
Replied to William Lindsey :toad:
William Lindsey :toad:

Ben Meiselas reports on an interview he did with Elizabeth Warren about Trump's economic "policy" and insider trading with the tariff chaos. He notes:

"What we’re witnessing isn’t leadership. It’s a billionaire boys club strip-mining the country while they cackle over champagne and pink slips."

#Musk #Trump #DOGE #economy #recession #tariffs #StockMarket #InsiderTrading #chaos
/4

meidasplus.com/p/sen-elizabeth

Replied to William Lindsey :toad:
William Lindsey :toad:

"He’s behaving like a predator, wreaking havoc because he can, motivated mainly by ego and impulse that the thin veneer of weak rationale ought not to obscure. …

The biggest lie Trump and Vance told America in 2024 was that they cared about the well-being of ordinary people."

~ Jonathan Weiler

#Musk #Trump #DOGE #economy #recession #tariffs #StockMarket #consumers #ConsumerConfidence
/3

jonathanweiler.substack.com/p/

Corruption, Cruelty and ChaosJonathan’s Quality Kvetching Newsletter
Replied to William Lindsey :toad:
William Lindsey :toad:

"There’s a lot of circumstantial evidence for massive insider trading around last week’s tariff announcement; the big beneficiaries from the latest move are companies that made big donations to Trump. …

We’re turning into a nation where policies are ill-considered and constantly changing, and business success depends not on what you know but on who you know and whether you pay them off."

~ Paul Krugman

#Trump #economy #tariffs #StockMarket #InsiderTrading
/2

paulkrugman.substack.com/p/the

The Trump Tariffs Just Got Even WorsePaul Krugman
*
William Lindsey :toad:

Noting that the well-regarded University of Michigan consumer-sentiment index released yesterday shows consumer confidence falling for the fourth straight month, dropping 11% from March, Heather Cox Richardson writes,

"This level of consumer sentiment is the second lowest since the index began in 1952."

#Musk #Trump #DOGE #economy #recession #tariffs #StockMarket #consumers #ConsumerConfidence
/1

heathercoxrichardson.substack.

April 12, 2025heathercoxrichardson.substack.com
DrBob, Neurologist, 🧠Mechanic

Particularly good one this week 🤣

Colin Jost On ‘SNL’s Weekend Update Jokes Trump’s Affinity For Tariffs Is “Like Listening To Bubba Gump Talk About Shrimp”

Weekend Update was full of zingers about President Donald Trump‘s rapid about-face in the wake of the stock market crash his global tariffs spurred.

Co-anchor Colin Jost kicked off the Saturday Night Live segment by quipping that POTUS “tried to rescue the economy from the disastrous policies of whoever was president last week.”

#trump #snl #tariffs #stockmarket #musk #apple #iphone
deadline.com/2025/04/weekend-u

Text Shot: Addressing corporate CEOs’ shock at the aggressive tariffs, the late-night show played a supercut of Trump’s affinity for tariffs, something voiced often during his presidential campaign. “It’s like listening to Bubba Gump talk about shrimp,” Jost remarked. Meanwhile, co-host Michael Che chimed in, calling into question Trump’s claim that the economic downturn was like treating an ailment: “Yeah, but this feels like we took a whole bottle of medicine with a glass of vodka and laid in a warm bath.” Che also got the biggest reaction of the night, with his one-liner: “It was reported that Elon Musk personally appealed to President Trump to stop his tariff plan, and it worked! The stock market went up like this,” he said, enthusiastically, as a picture of Musk’s Nazi-like salute flashed on screen, eliciting exclamations from the audience.
Charlie McHenry

If ypu’re concerned about the #economy, keep your eyes on the Bond market over the next couple of weeks. There’s something, maybe something really important and impactful, going on there. Everybody’s watching the stock market, but the key economic indicator right now is the #BondMarket - “Bond market moves raise fears of growing bets against America…”

TL;dr US Treasury Bonds have always been considered a global ‘safe haven’ in turbulent times. Not so this time - which is kinda ominous and has economists and bankers concerned. #StockMarket #finance #investing #TrumpTariffs #FiscalPolicy #MonetaryPolicy #RepublicansDidThis #RepublicansOwnThis nbcnews.com/business/markets/b

Bond market moves raise fears of growing bets against AmericaNBC News
DoomsdaysCW

Break out the popcorn. R's are about to turn on Trump. That's what you get when you fuck with even white peoples' money...But hey, whatever it takes, eh?

'It’s already in the cards': #Trump #impeachment urged by WSJ editorial board member

Tom Boggioni, April 12, 2025 8:17AM ET

"In a column published late Friday, a member of the Wall Street Journal editorial board claimed it would be 'desirable' to subject Donald Trump to a third impeachment to make up for the damage he has done to the U.S. economy with his 'ill-founded' trade war.

"According to longtime columnist Holman W. Jenkins Jr., Trump's on-again, off-again tariff threats almost makes it appear he wants to be impeached, with Jenkins writing, 'A future Trump impeachment seemed all but guaranteed by last Wednesday morning. It seems only slightly less likely now. It may even be desirable to restore America’s standing with creditors and trade partners.' "

rawstory.com/trump-impeachment

#TradeWars #StockMarket #ImpeachTrump #StopTheCoup #LockHimUp

'It’s already in the cards': Trump impeachment urged by WSJ editorial board memberRaw Story
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