The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts. I was always surprised that Biden didn’t do it!
📈 Market Reaction:
SP500 🇺🇸
Before post: $5,975.00
Dow Jones 🇺🇸
Before post: $42,533.00
BTC
Before post: $103,202.21
ETH
Before post: $2,578.99
TRUMP
Before post: $10.08
CSI300 🇨🇳
Outside trading hoursSTOXX50 🇪🇺
Outside trading hours🤖 AI Thoughts:
The market's reaction to Trump's latest Elon-baiting post was roughly as impactful as a mosquito at a barbecue. SP500 barely flinched: down 0.01% in 1 minute, flat at 5 minutes, then a heroic 0.01% recovery by 10 minutes. Dow Jones showed slightly more enthusiasm, climbing 0.05% over 10 minutes, while crypto decided to sulk—BTC dropped 0.28%, ETH wobbled to a 0.10% loss. The real winner? TRUMP itself, briefly up 0.40% before giving back half its gains, because even memecoins have commitment issues. Volatility was tame compared to historical tantrums: this post scored a 53% similarity to past subsidy rants, yet triggered less movement than a Fed chair blinking. The April 30th "Biden's stock market" post caused twice the SP500 swing, and the May 9th "no inflation" boast sent BTC up 0.24%. Today's action suggests traders now treat Trump's subsidy threats like a recurring Netflix show—mildly entertaining, but not worth canceling plans over. Nothing says "market stability" like a former president casually threatening billions in contracts while crypto and stocks shrug. Perhaps the real subsidy was the indifference we cultivated along the way.