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This is pretty wild.
Marjorie Taylor Greene bought $RH during the tariff dip.
It caught our attention, because it was her first time ever buying the stock.
It is up 27% today after the announcement of the tariff pause.
Donald Trump’s decision to pause his tariffs sent the stock market soaring.
Video posted on You Tube by Robert Reich. This conversation was reported to have happened on April 10, the day after trump announced the "pause" on tariffs.
Story from The New Republic:
Donald Trump is openly bragging about just how much money his billionaire buddies made off of his dangerous tariff gambit.
After announcing a 90-day pause Wednesday on his sweeping “reciprocal tariff” policy on nearly every country—with the exception of China—Trump was excited to take credit for making a buck for his guests at the Oval Office.
“He made $2.5 million today [Note that, in the video, trump says that the man to whom trump was pointing made $2.5 billion, not $2.5 million] and he made $900 million! That’s not bad,” Trump said, pointing to financial investor Charles Schwab and Roger Penske, a Nascar team owner, respectively.
Schwab’s estimated net worth is $12.6 billion, while Penske’s is $5.6 billion.
Bloomberg reported that Wednesday was the “best day ever” for billionaires, as the world’s wealthiest people raked in a heaping $304 billion as the markets shot back up.
The day’s biggest individual winner should come as no surprise: Elon Musk made a whopping $36 billion as Tesla stock soared up 23 percent. Trump’s surprising decision to temporarily back off his steep tariffs has sparked major concerns of obvious market manipulation, and even potential insider trading.
Tariff Pause Rebound Could Persist During Historically Bullish Good Friday Week
Good Friday is the one NYSE holiday with a clear positive bias before and negativity the day after (Stock Trader’s Almanac 2025, page 102). DJIA, S&P 500, NASDAQ, and Russell 2000 all have solid average gains on the three days and full week (shortened) before Good Friday. NASDAQ has been notably strong, up 21 of the last 24 days before Good Friday with an average gain of 0.75%. NASDAQ declines occurred in 2017 (–0.53%), 2022 (–2.14%), and 2024 (–.12%).
However, the day after Easter has a weak longer-term post-holiday record. The S&P 500 was down 16 of 20 years from 1984-2003 on the day after Easter while it has modestly improved recently, up 13 of the last 21 years. Post-Easter weakness has been generally short-lived with average gains 2- and 3-days after.
The Senator tells TIME he is concerned Trump engaged in insider trading or market manipulation with his abrupt reversal of tariffs.
Senator Adam Schiff on Wednesday called on Congress to investigate whether President Donald Trump engaged in insider trading or market manipulation when he abruptly paused a sweeping set of tariffs, a move that sent stock prices skyrocketing.
“I’m going to do my best to find out,” Schiff, a California Democrat, tells TIME. “Family meme coins and all the rest of it are not beyond insider trading or enriching themselves. I hope to find out soon.”
Trump-Era Tariffs: Legal Risks, WTO Challenges
Author(s): Scott Douglas Jacobsen Publication (Outlet/Website): The Good Men Project Publication Date (yyyy/mm/dd): 2025/05/12 Christine Abely, Assistant Professor at New England Law | Boston and licensed customs broker, explains that Trump-era tariffs, especially those implemented during his second term, introduced significant uncertainty into global trade. U.S. companies faced unpredictable…
US stocks set to tumble again as reality sets back in on Wall Street
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Trump Tariffs: China Hit with 125%, Pause for Others
Aakhir Tak – In Shorts President Trump increased Trump tariffs on China significantly to 125%. A 90-day pause on reciprocal tariffs was announced for over 75 other countries. These nations will face a reduced 10% tariff rate during the pause period. China retaliated firmly against initial Trump tariffs, imposing 84% counter-tariffs. Wall Street indices surged following Trump’s announcement,…
Positive tariff announcements could stabilize sentiment
Bursa Malaysia may see a rebound driven by Wall Street’s strong recovery and bargain hunting, despite ongoing trade concerns. Tariff announcement Positive tariff announcements could stabilize sentiment, encouraging investors to target undervalued stocks after recent declines. The upcoming US inflation data will be key in shaping expectations for interest rate trends. Sector-wise, technology…
