r/WallStreetbetsELITE • u/2ndSifter • 16d ago

MEME April 2nd, here we come

2.7k Upvotes

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u/amusingvillain 16d ago

I took a mental health break from the news, aside from EU news.

What's gonna happen on April 2nd again?

72

u/punktualPorcupine 16d ago edited 13d ago

April 2nd is when Trumps tariffs kick in.

Trump: a tariff on all your houses!

World: We’re going to just tariff your shit dawg.

Trump: ohh yeah you can’t tariff my tariffs, I tariff you to infinity and beyond!

World: infinity plus one.

Trump: PLUS INFINITY!

4

u/YaBoii____ 15d ago

so puts right?

2

u/prodigal_john4395 12d ago

Republicans need tariffs to partially offset more tax cuts for their wealthy donors. They are just having consumers pay for them up front, rather than just adding them to the dificits as they did in the past. If trump does not declare victory and fold like a cheap suit on tariffs, yes, puts will be the way. We have to make a higher low on the SPY though, 573 would be great, but for mm's to suck in more retail, gotta get some FOMO going...Tesla will revisit $100 this year. Even "Big Balls" will not be able to cook the books to make it look profitable.