The Logical Leftist
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Trump's Policies are causing a Bloodbath for the Stock Market #trump #fafo #doge #elonmusk
Posted
March 12, 2025
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1:26Now PlayingTrump backing billionaires Elon Musk, Mark Zuckerberg and Jeff Bezos have seen their wealth drop by a staggering amount as a result of Trump's economic policies.
A Bloomberg analysis found that they and the other tech billionaires who had front row seats at Trump's inauguration lost a combined $210 billion.
New York Stock Exchange trader Peter Tuchman said of the losses.
“These stocks are being eaten away and this is obviously all over fear of a recession, right?” Tuchman said in a video posted on X.
“We had a roller coaster last week, we had some up days, we had some down days – and all a function of what is coming out of the Oval Office, which is just complete indecisiveness, confusion and mixed messaging and the investing community losing confidence in the whole situation.”
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