Is the Trump Honeymoon Over on Wall Street? All Stock Gains Since the Inauguration Gone in Two Days

As a business owner in the United States for almost 30 years now, I have no choice but to study the U.S. economy and understand market trends, because they impact my ecommerce retail business. We have survived the dot-com bust of the early 2000s, the housing crisis in 2007-2008, and COVID. But apparently most of the "journalists" in the corporate financial news networks have never run a business or had to balance their books to maintain a profit, or make business decisions to reflect economic realities, because the economic news since Trump came back to office has been nothing short of euphoric, pretending that the Golden Years of prosperity awaited us in Trump 2.0. I could hardly believe some of the financial news I have read the past few weeks, where financial pundits have tried to explain how tariffs, specifically tariffs on goods imported from China, and thousands of federal workers being terminated and put out of work, were not going to negatively affect the economy. But I guess they got a wake-up call this week when Walmart announced that they were going to have to raise prices in 2025, and the markets tanked on Thursday, which continued into Friday. Duh! What did you think they were going to do when Trump placed tariffs on goods imported from China? Outside of their grocery division, probably 99.99% of the goods sitting on shelves in Walmart stores (and many other retail stores in the U.S.) are imported from China. Did you really think they would just absorb that extra 10% cost tacked on to these imports from Trump's tariffs, and not pass on at least some of that cost increase to the American consumers? And as the tens of thousands of federal workers who are now being terminated will soon join the lines at unemployment offices and will soon have no more paychecks to spend in the U.S. economy, how did you not foresee major economic hardships ahead?