Alright, let’s dive into this raw, wild ride of words!
So, get this, Trump – yep, good ol’ Donald – decided April 2nd is the day the US waves its “Liberation Day” flag. What does that even mean? Well, it turns out it’s all about slapped on tariffs – 10% on over 180 countries? Boom. And, oh, not forgetting the extra spice, those higher reciprocal tariffs spicing things up for another 60. The aftershock? A chaos cocktail for global stock markets. It’s like everyone collectively screamed “what the heck just happened?!”
A couple of days later, April 4th rolls in, and… ouch! The Dow Jones is in free fall, dropping over 2,200 points. It wasn’t just a dip, more like a nosedive into chaos. NASDAQ wasn’t spared either – straight into a bear hug, but not the cozy kind, nope. It was more like “let’s crash this tech party”. The S&P 500 got caught in the storm, shedding 10.5% – just two days in, it’s like 1950 all over again with one of its worst dives.
And then, there’s Singapore. Across the sea, the Straits Times Index – STI for the cool crowd – gets swept up in the frenzy. Investors are pulling out like it’s a fire drill, and boom, down it goes, a brutal 7.5% drop by April 7th. Panic buttons hit hard.
Now here comes the twist – Trump decides to hit the pause button. A 90-day breather except if you’re China, of course. And suddenly, hey, smartphones and computers are off the hook too. So one might think, okay, some relief? But nah, investors are still on edge, like sitting on a pincushion. Volatility is the new black, and it’s rampant, like caffeine running through Monday morning veins. And you’re standing there wondering, what’s coming next in this rollercoaster of wild economic narrative?
So yeah, buckle up, because with the world this messy, who knows what chapter we’re on? Stay alert, stay wild, stay real.
