☢️ DJT Nukes Trade, Markets Tumble

🇲🇽 🇨🇦 While Mexico and Canada promised reprisals

I reacquainted myself with Smashing Pumpkins this morning. So good.

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📰 Market Headlines

President Trump signed an executive order on Saturday imposing sweeping tariffs on imports from Canada, Mexico, and China, effective Tuesday.

  • As a result, crypto markets tanked, with Bitcoin losing 8%, Ethereum dropping 24%, and Altcoins faring even worse.

  • American futures markets are throwing up all over themselves ahead of today’s open.

  • Canadian officials announced retaliatory tariffs of 25% on $155 billion worth of US goods.

  • Economists warn these measures could cut Canadian GDP growth by up to 4%, risking a recession.

In January, the S&P rose 2.7%, the Nasdaq lifted over 1.6%, and the Dow surged 4.7%.

Elon Musk now has access to all sensitive Treasury data, including Social Security and Medicare payment systems.

Elon Musk's X expanded its lawsuit against advertisers, adding Lego, Nestlé, and other major brands to the complaint over alleged boycotting.

🧠 Make yourself heard

Only one possible question today…

How will the new tariffs imposed by PDJT will impact the U.S. economy?

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 📊 Ideas, trends, and analysis

‘I never thought leopards would eat MY face,’ sobs woman who voted for the Leopards Eating People’s Faces Party

😱 Fear and Greed Index

📊 Winners and losers

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Earnings, upgrades, and acquisitions

Market movers

  • OpenAI launched a new "deep research" tool on Sunday, designed to conduct multi-step internet research for complex tasks.

  • Volkswagen sued Indian authorities to challenge a $1.4 billion tax demand, arguing it contradicts import taxation rules.

  • Apple's revenue in China tumbled 11% to $18.5 billion last quarter.

  • WeWork's Indian franchisee filed for a Mumbai IPO, offering 43.3 million shares without issuing new equity.

  • Amazon confirmed a new round of corporate job cuts across multiple divisions.

  • Dow announced plans to cut 1,500 jobs globally to save $1 billion.

Recommended Newsletter

🌍 Global Perspectives

  1. 🇸🇩 A paramilitary group killed 54 people and wounded 158 in an attack on Omdurman's Sabrein Market.

  2. 🇬🇷 Greek authorities dispatched rescue teams to Santorini after 200+ seismic tremors sparked fears of a major earthquake.

  3. 🇨🇩 🇷🇼 Rwanda welcomed calls for a regional summit after the M23 rebel group captured Goma.

  4.  🇲🇽 Mexico vowed to implement retaliatory tariffs against the US.

📊 Crypto

🎤 What you said last time

Oh, you sweet summer child.

🧠 Miscellanea

  • German hunters competed in a national deer-calling championship, bellowing like stags in heat.

  • Punxsutawney Phil spotted his shadow, dooming America to six more weeks of winter.

  • Ice Age Europeans rocked cheek piercings at the age of 10.

📺 What to Watch Today

That’s all for today. Did I miss anything? Smash the reply button to let me know.

Cheers,

Wyatt

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