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š Trump Attacks Powell, Stocks Crash

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āļø GM Munchers! Sorry for ghosting you yesterday ā turns out eating 14 mini eggs per hour has consequences.
On todayās menu:
š Trump Attacks Powell, Stocks Crash
š Gold Goes Parabolic
š¤ Is Bitcoin Telling Us Something?
𤯠The Dow Jones is on track for its worst April since 1932
šØš³ China Is Doubling Down
BREAKING NEWS
š Trump Attacks Powell, Stocks Crash

The market was so ugly yesterday, even my Meta stock stopped showing me ads and just asked if I was okay.
All three major indices were a sea of red:
S&P 500: -2.7%
Dow Jones: -2.0%
Nasdaq: -2.6%
And the cause? Letās just say the vibes were not immaculate.
Donald Trump took to Truth Social to call Fed Chair Jerome Powell a āmajor loserā (again), demanded āpreemptive cutsā in interest rates, and hinted that Powellās termination cannot come fast enough.
Traders didnāt take that well.
In fact, the market shed $750 billion in market cap shortly after the rant.

He argued thereās āvirtually no inflationā and claimed energy and food prices are trending down.
But rather than calming things down, this only added fuel to the fire.
Why?
Because itās one thing to call for rate cuts ā itās another to threaten the Fedās independence.
Evercore ISIās Krishna Guha warned that even raising questions about Powellās job could cause āa severe reaction in markets.ā
And right on cue, the US dollar dropped 1.06%, its lowest level since 2022.

The selloff in the dollar is telling. In a typical panic, the USD rallies.
During COVID? The dollar soared.
But yesterday, traders dumped the dollar and rushed to real assets.
Which brings us toā¦
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š larkfunding.com
COMMODITIES
š Gold Goes Parabolic
Gold didnāt just shine yesterday. It straight-up exploded:
Gold closed up $93 to $3,420
Thatās a record high

Peter Schiff (whoās been calling for this since Moses parted the sea) said this spike is a āclear market signalā that the Fed should be hiking, not cutting. But markets believe Powell will cave to political pressure.
And if that happens? Schiff says gold will go āsoaring.ā
Gold jumping above $3,400 is a clear market signal that the Fed needs to raise interest rates. Yet everyone, including Trump, is calling for the Fed to cut them. The Fed will likely ignore gold's warning and cave to the pressure to cut. That policy mistake will send gold soaring.
ā Peter Schiff (@PeterSchiff)
1:33 PM ⢠Apr 21, 2025
Hereās why this matters for traders:
Rate cut pressure + USD selloff = Gold rocket fuel
When real rates fall and the dollar weakens, gold doesnāt just benefit ā it thrives. Add political chaos and inflation uncertainty, and youāve got a recipe for moon dust.Safe haven? Yes. But this is also about trust.
This isnāt just people playing defense ā this is a major vote of no confidence in monetary policy.
Goldās breakout tells us something bigger: investors no longer trust the Fed to stay objective.
If that continues, this wonāt be the last time gold makes headlines. Itāll be the start of a trend.
2025 Performance:
S&P 500: -12.5%
Gold: +30%ā Brew Markets (@brewmarkets)
4:44 PM ⢠Apr 21, 2025
STOCKS
š¤ Is Bitcoin Telling Us Something?
While stocks puked and the dollar slid, Bitcoin has been quietly crushing it, closing above $87,000.
Letās put this in perspective:
S&P 500: -7% (since Trumpās tariff announcement)
Nasdaq: -8%
QQQ: -9%
BTC: +4%
Thatās what traders call a decoupling.
DECOUPLING
BTC +4%
S&P -7%
Nasdaq -8%
QQQ -9%ā Mitchell āļøšŗšø (@MitchellHODL)
2:37 PM ⢠Apr 21, 2025
Normally, when equities crash, BTC crashes harder. But not this time. Bitcoin is doing the unthinkable: rising while both stocks and the US dollar fall.
Why is that so rare?
Because usually when stocks collapse, the dollar rallies as investors run to safety.
Thatās what happened during COVID. Thatās what happened in 2008. The USD becomes the life raft.
But yesterday, the dollar dropped. Gold soared. And Bitcoin? Itās moving like a macro hedge ā not a tech stock.
Thatās a huge shift.
Global Investors are losing confidence in the U.S.
ā Brew Markets (@brewmarkets)
8:29 PM ⢠Apr 21, 2025
For the first time in a long time, Bitcoin is trading like what its fans always claimed it was: a hedge against chaos, not a levered bet on tech.
If this sentiment sticks, we might be entering a new regime. One where Bitcoin moves opposite the dollar ā not with it.
And in that world, pairing BTC with macro trends might not just be meme-fuel. It might actually work.
PROP FIRMS
š¤ Tuesday Motivation
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šø Proof below š
ā larkfunding (@larkfunding)
3:10 PM ⢠Apr 21, 2025
š Pre-Market Fuel
šŖ Munchy Memes
Me after 3 months of Trumps golden age
ā Wall Street Memes (@wallstmemes)
12:23 PM ⢠Apr 18, 2025
Investment banking analysts after paying 75% of their salary in NYC rent and taxes
ā Boring_Business (@BoringBiz_)
6:30 PM ⢠Apr 18, 2025
āNobody is an atheist at 50x leverageā is one of the greatest things ever written on this app
ā Zack Voell (@zackvoell)
2:32 PM ⢠Apr 20, 2025
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