Wall Street Revolts Against Trump

This is what the DOW looks like today, so far. Down nearly 600 points. Wall Street didn’t believe Trump when he promised to enact tariffs on the campaign trail.

The above graph from today, 3-13-25, was what it looked like at 10:30 a.m. PST. 15 minutes later it was down another 76 points.

A former lawyer and current grassroots activist, I have been editing the Rag since Patty Jones and I launched it in Oct 2007. Way back during the Dinosaurs in 1970, I founded the original Ocean Beach People’s Rag - OB’s famous underground newspaper -, and then later during the early Eighties, published The Whole Damn Pie Shop, a progressive alternative to the Reader.

2 thoughts on “Wall Street Revolts Against Trump

  1. As much as what I don’t like of Dumpy’s method, I have to admit, it has greater effect than the Fed could achieve. Inflation slowed, but never got to the target. Dumpy’s method will reduce personal spending and have greater unemployment, albeit with tariff inflation issues. The Fed basically wound up slowing housing. Once this takes hold, the Fed will have to cut rates, spending will still slow and people looking to refi debt will increase. But, as I look at this, our local and state govt wants money through stealth taxes, and are no help either.

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