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T&G’s Substack
🚀 MARKET RIPS AS TRUMP HINTS TARIFFS WON’T HIT AS HARD

🚀 MARKET RIPS AS TRUMP HINTS TARIFFS WON’T HIT AS HARD

📈 Dow +597 | S&P +1.8% | Nasdaq +2.3% | Tech & Tesla Lead the Charge

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Ben The Bull
Mar 24, 2025
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T&G’s Substack
T&G’s Substack
🚀 MARKET RIPS AS TRUMP HINTS TARIFFS WON’T HIT AS HARD
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💥 Wall Street Breathes a Sigh of Relief

Monday’s rally was loud and clear: Less Trump pain = more gain.
Reports from Bloomberg and WSJ suggest Trump’s April 2 “Liberation Day” tariffs will be way narrower than feared—and the market loved it.

🗣️ "We may give a lot of countries breaks,” Trump said.
Translation? A trade war might not be on full blast... yet.

🔥 The Numbers:

  • S&P 500: +1.76%

  • Dow: +1.42% (+598 pts)

  • Nasdaq: +2.27% — Tech ripped 🔥

🧠 WHAT DROVE THE MARKET

📉 Tariff Fears Ease

  • Trump suggests auto & chip tariffs might be off the table for now

  • Tech and risk assets rally as odds of a global slowdown drop a notch

📈 Yields Tick Up

  • 10-Year Treasury yield rose to 4.29%

  • Traders rotated into equities, risk-on mode fully activated

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