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Coin Edition 2025-04-10 05:25:00

‘Buy Stocks’ Says Trump, ‘Bad Advice’ Says Schiff: Who’s Right on Tariffs?

‘Buy Stocks’ Says Trump, ‘Bad Advice’ Says Schiff: Who’s Right on Tariffs?

Trump urges buying stocks during tariff volatility; Schiff warns, cites Eric Trump’s false ETH call Markets rallied recently (on other tariff pause?) despite China tariff hike Context: Conflicting signals (Trump vs CEOs/Schiff) highlight deep uncertainty The U.S. stock market has been volatile this week, reacting to fast-moving news on President Trump’s tariff policies. With markets unsteady, Trump posted a message telling Americans to stay calm and buy stocks. But market analyst Peter Schiff quickly hit back at the advice, saying following it might be as risky as taking investment tips from Eric Trump about Ethereum. Referring to U.S. stocks, Trump just posted ‘BE COOL! … THIS IS A GREAT TIME TO BUY." Following this advice will likely work out as well as following the advice of @EricTrump , who posted "In my opinion, it’s a great time to add $ETH " on Feb 3rd. Since then Ether is down 49%. — Peter Schiff (@PeterSchiff) April 9, 2025 Why Compare Trump’s Advice to Eric Trump’s ETH Call? On February 3rd, Eric Trump recommended investing in Ethereum. ETH’s price has dropped about 49% since then. Schiff suggested the President’s optimism now c… The post ‘Buy Stocks’ Says Trump, ‘Bad Advice’ Says Schiff: Who’s Right on Tariffs? appeared first on Coin Edition .

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