- Trump touts jobs and investments, but markets suffer major losses
- Tesla crashes 31.5%, dollar slumps 9%, S&P 500 down 7%
- Rally in Michigan revives campaign theatrics, sidesteps market turmoil
Donald Trump’s first 100 days back in the White House have sent shockwaves through the financial world. Despite his bold claims of a “historic win” for workers, the U.S. economy is signaling distress.
While the markets react with alarm, Trump remains on the offensive politically. At a raucous rally in Michigan, he leaned into his familiar playbook—attacking opponents, praising his base, and boasting of economic wins.
Markets Sink While Trump Celebrates: A Tale of Two Realities in 100 Days
President Trump marked his 100th day with grand celebration, but the markets painted a far less flattering picture. With Tesla tumbling over 30% and the S&P 500 down 7%, investor sentiment is clearly shifting. His reintroduction of aggressive tariffs and abrupt trade moves have created an atmosphere of uncertainty, driving volatility in global markets.
In contrast, Trump used the milestone to rally his base, promising more victories ahead. Speaking in Michigan, he proclaimed that the U.S. was “heading in the right direction” and declared his administration had created 345,000 jobs. He also claimed $5.2 trillion in investment commitments, despite growing skepticism over the lack of tangible progress in key industries.
Behind the scenes, his administration scrambled to manage optics. Trump signed executive orders designed to shield American automakers from his own tariffs and made high-profile calls to corporate leaders like Jeff Bezos to soothe tensions. Meanwhile, a vague announcement of a trade deal with an unnamed country added more confusion than confidence.
Even diplomatic gestures were wrapped in self-promotion. Trump congratulated Canadian leader Mark Carney on his election win and saw Senate confirmations for key ambassador roles. But these quieter accomplishments were overshadowed by his familiar, freewheeling rhetoric—attacks on media, judges, and “lefty lunatics”—signaling a continuation of his combative leadership style.
As Trump doubles down on populist spectacle, the stark divergence between his narrative and the markets’ reality may define the early legacy of his second term.
“The market is the most efficient lie detector in the world.” – Michael Bloomberg
