Politics & Government
"Why Trump Should Ignore the Stock Market" - Victor Joecks Insights
'Election Day 2020 to Election Day Nov 2024, the S&P 500 increased by more than 70%. Yet the public rightly believed that Joe Biden hurt USA

From the Daily Signal to this writer for MHProNews and in this "Reality Check" series for this Patch is provided in Part I. Part II will provide additional information plus other topics.
Part I
Commentary
Why Trump Should Ignore the Stock Market
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Victor Joecks | March 19, 2025
President Donald Trump’s economic priority shouldn’t be preventing a recession.
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Stock prices are always a bit of a roller coaster. Over the last month, it’s mostly been a downhill ride. In mid-February, the S&P 500 hit 6,144. It’s now dipped below 5,525. That’s around a 10% drop, which means the market is in correction territory. This has people talking about the dreaded “r-word.”
“Stocks Plunge as Recession Talk Gets Louder,” a recent New York Times headline read.
Fox News host Maria Bartiromo asked Trump if he expected a recession this year.
“I hate to predict things like that,” Trump responded. “There is a period of transition because what we’re doing is very big. We’re bringing wealth back to America. That’s a big thing, and there are always periods of, it takes a little time. It takes a little time, but I think it should be great for us.”
That’s a different tone than he had on the campaign trail. Trump told voters that he’d deliver “the best jobs, the biggest paychecks, and the brightest economic future the world has ever seen.”
What’s going on?
Start with this: Most Americans don’t judge the economy based on the stock market–and rightly so. From Election Day in 2020 to Election Day last November, the S&P 500 increased by more than 70%.
Yet the public rightly believed that former President Joe Biden oversaw a terrible economy. A 2024 ABC News exit poll found 45% of voters said they were worse off under the Biden administration. That was a higher number than in 2008 during the Great Recession.
Biden’s reckless spending and prolonged COVID-19 restrictions drove inflation sky high. It wasn’t just the high cost of gas and groceries that hurt Americans. For many new buyers, homeownership went from the American Dream to a Neverland fantasy.
Next, there is often a trade-off between short-term and long-term economic growth. Consumer spending drives much of the American economy. Firing federal workers and cutting government spending will reduce that, hurting the economy right now. But as those workers find jobs in the private sector, they’ll start producing more stuff, driving long-term economic growth.
Finally, the Trump administration isn’t trying to blindly boost gross domestic product. That measure includes all economic activity, including what illegal immigrants generate. Trump and Vice President JD Vance want to make things more affordable for Americans.
For instance, by deporting illegal aliens and securing the border, Trump may hurt aggregate economic growth. But look at how it helps Americans.
“If you allow 20 million people to compete with American citizens for the cost of homes, you are going to have a large and, frankly, completely preventable spike in the demand for housing,” Vance said in a recent speech.
He’s right. Mass deportations and closing the border will reduce housing prices by lowering demand. Shrinking the pool of low-skilled workers will also increase wages for Americans in that group.
Both moves may hurt GDP. So-called experts may even declare that there’s a recession. But deporting illegals will improve the personal finances of many Americans. So will Trump’s moves to deregulate the energy industry, although rolling back regulations can take years.
The focus on Americans is why Trump says he’s pushing tariffs. He wants companies to return to the U.S. and to extract non-economic concessions from countries like Mexico and Canada. If he can use the threat of tariffs to reduce the flow of fentanyl, it’d be a major achievement. But tariffs raise prices. Playing tariff chicken with Canada may hurt both sides dearly and undermine his other economic efforts.
Trump’s economic success doesn’t hinge on the stock market. Voters want him to enact policies that lead to lower prices and better job opportunities–for Americans.
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Part II
1) According to Media Man Int via X on 3.20.2025 said the following.
March 20, 2025
ASX futures up 50 points or 0.6% to 7933
AUD -0.1% at US63.52¢
Bitcoin +3.5% to $US84,722
Dow +0.9%
S&P +0.9%
Nasdaq +1.5%
Gold +0.3% to $US3043.40 an ounce
Brent oil +0.4% at $US70.81 a barrel
Iron ore -1.7% at $US100.40 a tonne
2) Wealthonomic via X said the following 3.19.2025.
Stock Market Performance
• Dow Jones: +383 pts (+0.92%) → 41,964.63
• S&P 500: +60.63 pts (+1.08%) → 5,675.29
• Nasdaq Composite: +1.41% → 17,750.79
• Russell 2000: +1.7% → Small caps surge
Stock Movers of the Day
• Tesla $TSLA +4.68% → Jumped after Cantor Fitzgerald upgraded to Buy & received California ride-hailing permit.
• Nvidia $NVDA +1.81% → Recovered from Tuesday’s drop as CEO downplayed tariff fears.
• Boeing $BA +6.3% → CFO reported cash burn is easing & factories improving.
• MicroStrategy $MSTR +5.2% → Issuing new securities to fund more Bitcoin purchases.
• Autodesk $ADSK +4% → Starboard Value launching proxy fight for board seats.
• Gilead Sciences $GILD -2.9% → Reports of potential funding cuts to HIV prevention.
• HealthEquity $HQY -18% → Earnings miss led to sharp sell-off.
• Williams-Sonoma $WSM -6.3% → Guided for possible revenue decline.
• General Mills $GIS -2% → Reported weak Q3 revenue due to lower demand.
• Intel $INTC -5% → Worst performer in S&P 500 today.
Key Economic & Global Developments
Fed’s Updated Outlook
~Rates unchanged at 4.25%-4.5%
~ Still sees 2 rate cuts in 2025
~ Lower GDP forecast → 1.7% vs. 2.1% (previously)
~ Higher inflation forecast → 2.8% vs. 2.5% (previously)
~ Fed to slow balance sheet runoff, cutting Treasury roll-off from $25B → $5B
Market Reaction to Fed Decision
~ Stocks rallied after Powell’s speech reassuring growth is stable.
~ Tech rebounded but still volatile.
~ Traders focused on tariff impact ahead of April 2 deadline.
Tariff & Trade Tensions
~ Trump’s tariffs on Canada, Mexico, China still a major risk factor.
~ Powell says tariff impact on inflation will be “transitory”.
~ Uncertainty remains as new tariffs set for review on April 2.
The Fed played it safe, keeping its rate cut outlook unchanged, but concerns remain over higher inflation, lower growth, and ongoing tariff risks.
The market cheered Powell’s optimism, but is this rally sustainable or just a Fed-fueled bounce?
3) There is more to know on this and other topics. See the links that follow. Thanks for checking in.
‘Make Americans Wealthier’ 10 Highlights POTUS Trump Speech and More
Dems Fretting Over Billionaires Are on Billionaire Dole for Years
Lakeland Study Test Frank Rolfe Claim "Mobile Homes" Lower Prop Values
War, Peace and Microbes: Behind Headlines Are Big Business & Billions
Manzanita Miller-Trump Tax Cut Helped Middle Class-Extension Welcomed
Is Decline in Christianity in U.S. Over? Pew Research Suggests It Is
VDH-Why Won’t Europe Step Up More to Help Ukraine? Why Mostly the USA?
It is No Joke - Black Rapper Declared BLM was ‘Literally a Scam’
VP Vance-Illegal Immigrants Squeeze U.S. Citizens from Home Ownership
Cavco (CVCO) Investor-Stakeholder-Public Officials Alert-PR Fact Check - Affordable Housing - Manufactured Homes - Manufactured Housing Institute connected.
New Manufactured Home Production Trend UP But Research Raises Concerns
Manufactured Housing Association for Regulatory Reform (MHARR) Released Jan 2025 data that reflects continued improvements since 2023 but...
VP Vance-Illegal Immigrants Squeeze U.S. Citizens from Home Ownership
Bill Wilson - "A Mistake From The Past That Can Be Avoided"
GROK Affordable Housing Crisis Thesis-‘This Ain’t Theory—it’s a Heist’
Fact Checks by Grok-Copilot-Gemini Point to Problems at Manufactured Housing Institute that help Explain 21st Century Manufactured Home Sales
---
Feb 2025 sees Lowest Number of Border Crossings in Modern USA History
HUD Sec Scott Turner Tension with HUD Research v Local Zoning Barriers
GROK reports on "Most Comprehensive" article on Sec Turner's recent remarks to WMAL, CPAC, and on challenges to solve affordable housing.
Rob Romano-Who Controls Foreign Policy? President Or District Courts?
'Sexual Deviants' in Federal Service to be Fired-per DNI Tulsi Gabbard
More on those and other topics in this eclectic "Reality Check" series here on this Patch.
Big Majority Approve DOGE-Plus Political Cartoons to Muse and Amuse
THE Reality Check-All of Us Have Been Manipulated & Lied to-E. Nickson
Dan Bongino to FBI - 'We’re About to See it All. It’s All Coming Out.'
Larry Elder on 'Supercharging the U.S. Economy' Using a Proven Method
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Democrats and GOP both 'Underwater' in New Poll-But Guess Which Leads?
By the Numbers - Evidence of Discrimination Against Believers in God
Employees! It is ‘Not Free Market Capitalism It’s Corporate Feudalism’
HUD Sec Turner-'Corporate Takeover of Housing—A Manufactured Crisis'
'Trump Is Leading a Historic Counterrevolution Against the Deep State'
Federal Racket-Follow the Money-Tammany Hall 2.0 and Big U.S. Media
U.S. Manufactured Home Industry Production 2024 Total Up per MHARR
(Note MHARR is short for the Manufactured Housing Association for Regulatory Reform.)
‘Endemic Mismanagement of HUD Manufactured Housing Program’ Nom Turner
'Restoring and Expanding Affordable Housing Role of Manufactured Homes'–MHARR Letter Cites 2000 Reform Act, "Enhanced Preemption" Much More
Scott Turner Confirmed Secretary of Housing and Urban Development-Official HUD+Manufactured Housing Association for Regulatory Reform (MHARR) News Releases; Manufactured Home Generational Wealth
> ‘Endemic Mismanagement of HUD Manufactured Housing Program’ Nom Turner
'Restoring and Expanding Affordable Housing Role of Manufactured Homes'–MHARR Letter Cites 2000 Reform Act, "Enhanced Preemption" Much More...https://patch.com/florida/lake...
> Big Govt, Big Pharma, Big Food made Americans Overweight and Unhealthy
> Virginia Bishop for ‘Well-Regulated Borders’ Amid VP J.D. Vance Rumble
> Romano-Trump Bans DEI In Federal Govt—States And Corporations Are Next
> How Republicans Should Follow Through on Tough Talk on Immigration
> NPR=87 Registered Democrats in Editorial Positions and No Republicans
> President Donald J. Trump’s Official 'America First Priorities'
---
> Rubio Senate Replacement Ashley Moody (FL-R) Gets Key Assignments
> Trump Plan: Make America Safe, Affordable, Restore U.S. Values for All
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> Official Manufactured Housing Production from 1995-2023-Why it Matters
> Anna Paulina Luna (FL-R) and Barry Loudermilk (GA-R) MERIT Act Insight
> Executive Orders on Investigating Biden Censorship & Weaponization
> Floridian Dr István Dobozi Strikes at Trump Again in Magyar Article (Another critical analysis - fact check).
---
> Why do Liars Lie? Why do those Engaged in Paltering and Spin Palter?
> Controversy-Manufactured Housing Institute-Lesli Gooch-Mark Bowersox
> ‘Mobile Home Values Rising Faster Than Single-Family’ House-Wow Fact$
> Realtor-What Is a Manufactured Home? The Next Step Beyond Mobile Homes
> Orlando RE Agent Smith-Younger Adults Will Need $8500 Monthly for Rent
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> Rob Romano-Time To Declassify Everything, Or Another RussiaGate Ahead
> Contemporary Tips from Legend Paul Harvey-Surprising Rest of the Story
> Alert: Is Affordable Housing Linked Scandal at Champion Homes Brewing?
> Report: Biden-Harris Federal Agencies Spent Millions Torturing Cats
> Lesli Gooch Ph.D.-Award, Coverup, Headfake, Scandal? Rest of the Story (Manufactured Housing Institute linked)
---
> ALG Unpacks Trump Pitch to Cut Drug Costs by Cutting PBM Middleman
> Is there Evidence that God Exists? Evolution vs. Intelligent Design
> Democratic Voters-Closer Look at Biden’s Acts Before Biden-Harris Exit
> Christian Leaders-Signs of 4th 'Great Awakening' Millions go to Jesus
> Attorney John Morgan - Democrat Megadonor on Kamala Harris Campaign
---
> USA Today - David Plouffe and Dem Advisers on Kamala Harris Revelation
> Majority OK Trump Transition-Mass Deportations-Tariffs- Is it Hopeful?
> Niskanen Center Praises Manufactured Home ‘Cost Savings’ and ‘Quality’
> Alice Carter-The Northern Forum-Deporting Immigrants & Housing Crisis
> Cartoons-Kamala Day 1, DOGE the Swamp, Brainwashing, & Out In the Cold
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> The Creepy Line-Peter Schweizer-Dr. Jordan Peterson-Dr. Robert Epstein
> Secret State Miniseries - Fictional TV Series Shed Light on Reality
> Trump Transition Team Asked to Prioritize Affordable Housing Issues
> Top 10 States for Homelessness & Top Cities for Crime=Shocking Lessons
> WashPost-American Dream Fades But Assoc CEO Mark Weiss Shows Solution
---
> Blankley-Goodbye American Dream? Only 10% Polled Can Buy a House; But
> Frank Rolfe-Special Interests ‘Don’t Want to Solve Affordable Housing'
> TARK-‘I’m a Teen and Know the Solution to Affordable Housing Crisis’
---> Renting? Rent too High? Odds Are DOJ Suit vs RealPage Matters to You
> New-Certified “Half Price Homes” - Affordable Housing Solution Redux
---
> Solution: “Would-Be Homebuyers Need 80% More Income Than 4 Years Ago”
L. A. “Tony” Kovach is a publisher who has earned multiple awards in history. He and his family live in a manufactured home on private property in Winter Haven, FL. He is the co-founder of Manufactured Home Living News.com (MHLivingNews.com) and Manufactured Home Pro News.com (MHProNews.com), trade publications serving segments of the manufactured home industry. Having worked in several segments of the manufactured home industry for over 3 decades, Kovach is a widely acknowledged and often praised expert on manufactured housing. ###