They said we’d be begging in soup lines. They said the Trump tariffs would nuke the markets, vaporize retirements, and usher in the worst economic downturn since the Great Depression. The media manufactured the hysteria, financial elites joined the chorus, and liberals cheered for collapse. But once again, the doomsayers were wrong—and the Trump strategy is, to borrow a phrase, winning big league.
Back in April, the headlines were apocalyptic. “The worst market since 1932,” they screamed. Why? Because President Donald Trump had dared to challenge the globalist orthodoxy and unleash a bold new tariff policy aimed at reviving American manufacturing, protecting domestic labor, and finally rebalancing the trade playing field. Predictably, Wall Street panicked—an artificial panic, fueled more by anti-Trump sentiment than by any real fundamentals. Markets dipped, and the media pounced.
From CNBC …
Cue the Left going back to insisting the stock market doesn’t represent the economy. https://t.co/3xSEAWtbwN
— TheFOO (@PolitiBunny) May 3, 2025
But Trump voters didn’t flinch. They didn’t regret their vote. They didn’t retreat. Because unlike the blue-check finance crowd addicted to quarterly volatility, Main Street understands endurance. And that patience has now paid off.
Cue the biggest market winning streak in two decades.
The S&P 500 just notched nine straight days of gains—its longest streak since November 2004. The Dow Jones Industrial Average joined the rally, also riding a nine-session surge, its best run in over a year. Over in London, the FTSE 100 is on an even hotter streak, logging 15 consecutive days of gains. That’s not a bounce—that’s a structural rebound.
Publishing story 9 days early might not be the best journalistic approach if you care about accuracy! pic.twitter.com/LALapedUkI
— Margot Cleveland (@ProfMJCleveland) May 2, 2025
According to experts like Sanctuary Wealth’s Mary Ann Bartels, the technical picture has flipped. Breadth indicators are flashing green. Momentum is strong. Volume is solid. Resistance levels are being tested. And crucially, the market is recovering ground lost during the early days of the tariff shock. The worst-case scenarios never materialized—because they were never real to begin with.
Trump knew what he was doing. He always does. Like a playoff strategist, he doesn’t care about Game 1 theatrics. He plays for the series. And once again, the media’s “Trump-is-destroying-the-economy” narrative is ash in the wind.
What’s particularly laughable is the silence now from the same experts who were tripping over each other to predict doom just a month ago. Where are the apologies? Where are the corrections? They’ve moved on—because they don’t want to admit that America’s economy is outperforming, even while navigating a trade policy reset and overcoming the damage done by the previous administration’s inflationary chaos.
JUST IN: S&P500 hits longest winning streak in 20 years after closing green again – CNBC
— Eric Daugherty (@EricLDaugh) May 2, 2025
Now, sure, there’s fair room for debate. Some, like Larry Kudlow, suggested that the tariff strategy might have been more effective had it followed a solid budget reconciliation. That’s a tactical point, not a policy failure. The broader mission—to assert American economic sovereignty—has clearly taken root.
