#TrumpTariffs #TrumpTariffs What just happened on Wall Street will be studied for decades
⌚We just witnessed the most dramatic 30-minute market capitalization change in history.
Here’s how it unfolded:
♦️ 10:10 AM ET – Rumors begin to circulate that the White House is considering a "90-day tariff pause."
♦️ 10:15 AM ET – CNBC reports that Trump is considering a 90-day tariff pause for ALL countries except China.
♦️ 10:18 AM ET – The S&P 500 skyrockets, adding over +3 TRILLION dollars in market capitalization from its low point.
♦️ 10:25 AM ET – Reports emerge indicating that the White House is unaware of any such plan being considered by Trump.
♦️ 10:26 AM ET – CNBC corrects its headline, stating that the report on the 90-day tariff pause was incorrect.
♦️ 10:34 AM ET – The White House officially dismisses the rumor as “fake news.”
♦️ 10:40 AM ET – In just 22 minutes, the S&P 500 wipes out -2.5 TRILLION dollars from its high.
In total, this false headline triggered an intraday market capitalization change of 6 TRILLION dollars on the S&P 500 — the largest 30-minute market movement in history.
This event shows how fragile and reactive markets can be in today’s fast-paced, algorithm-driven environment.
An unverified report moved trillions.
A correction erased it all.
Welcome to the era of volatility.