It’s been three months since the President of the United States, Donald Trump, officially assumed the reins of the US administration. His arrival back to the white house was met with great enthusiasm, with analysts predicting a global market surge, helping investors bask in a new bullish glory. However, at present, the tables have turned dramatically, with the world witnessing its worst market crash in 40 years.

The reason for this catastrophic market plunge is probably Trump’s reciprocal tariff ordeals, which have sparked a global trade war frenzy, leaving investors disheartened and perplexed. In the middle of this, one analyst claimed that Trump’s tariff ordeals, which were supposed to make America great again, are spearheading its erosion.

Also Read: Trump’s Tariff Chaos Wipes $6T from Markets as JPMorgan Warns 60% Chance of Global Recession

Analyst Condemns Trump Administration In A New Scathing X Post

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Source: MarketWatch

Amit, a notable financial analyst on X, wrote a new post on social media, outlining Trump’s tariff ordeals and how they have backfired in recent months. He shared how Trump’s policy of ‘tanking the market” to make assets cheaper for Americans is one of the worst ideas to bolster the US economy.

“The Trump Administration’s stance of making assets cheaper for “regular Americans.” To have a chance to buy into the market. By TANKING asset prices and taking away gains from those who hold assets has to be the DUMBEST thing ever. If you have $4B and you lose $2B, you still have $2B left. You’ll be fine. If you started with $100K in the markets 5 years ago & got that $100K to $300K and now are RIGHT BACK to $100. How is that not hurting the average American that took a chance on stocks? How do we know that average Americans that barely have $500 in an emergency savings account. He would be incentivized to buy $NVDA now that it’s down 50%?”

Making The Rich “Richer” Analogy?

Amit later emphasized how this entire idea of “plunging the markets” to make it more accessible for the masses is suitable only for the entrepreneurial elites. The ones who have “disposable income” to buy assets at a cheaper cost. In simpler terms, this idea only keeps the richest Americans afloat, stressing the average Americans who have bet the majority of their earnings on stocks.

“This entire strategy only helps the richest Americans that can buy the dip. Because they have massive amounts of disposable income. If you’ve trusted the market over the past 5 years as a vehicle for wealth creation. How does make it sense. For the “master plan” to be to tank the market to get someone else to buy into it at the lows? Destroy one average American’s wealth to get another one. (who probably isn’t going to invest because no one likes buying at the lows) to build wealth? This is absolutely ridiculous.”

Also Read: Markets Panic: Ackman Pushes Pause on Tariffs to Halt Crash

Biggest Market Crash Since 2020

Donald Trump is adamant about levying heavy import tariffs on nations as he believes it’s the only way to reduce the debt burden on the US. In a recent interview, Trump shared how he’s unwilling to see the markets flashing red, but sometimes “the medicine” is needed if one wants a cure.

“Reporter: “Is there pain in the market at some point you’re unwilling to tolerate? Trump: “I think your question is so stupid. I don’t want anything to go down. But sometimes you have to take medicine to fix something. And we have been treated so badly by other countries.”

Per the Kobeissi Letter, the markets are documenting high levels of panic, with major market indicators flashing deep red.

Also Read: Top 3 Cryptocurrencies That Could Recover This Week

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