{"id":49723,"date":"2025-06-07T21:18:31","date_gmt":"2025-06-08T01:18:31","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/trump-stock-market-today-rate-demands-spark-1-2-drop\/49723\/"},"modified":"2025-06-07T21:33:10","modified_gmt":"2025-06-08T01:33:10","slug":"trump-vs-musk-memecoins-and-market-tantrums-wall-streets-latest-reality-show","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-vs-musk-memecoins-and-market-tantrums-wall-streets-latest-reality-show\/49723\/","title":{"rendered":"Trump vs. Musk, Memecoins, and Market Tantrums: Wall Street&#8217;s Latest Reality Show"},"content":{"rendered":"<article>\n<h1><\/h1>\n<p><strong>June 2025<\/strong> is turning out to be less &#8220;financial quarter&#8221; and more &#8220;season premiere&#8221;\u2014and the stars of the show? Donald Trump, Elon Musk, and a market that&#8217;s somehow keeping up with all the drama.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-vs-musk-memecoins-and-market-tantrums-wall-streets-latest-reality-show\/49723\/#%F0%9F%9A%A8_Trump_and_Musk_From_Bromance_to_Billionaire_Brawl\" >\ud83d\udea8 Trump and Musk: From Bromance to Billionaire Brawl<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-vs-musk-memecoins-and-market-tantrums-wall-streets-latest-reality-show\/49723\/#%F0%9F%93%89_The_Market_Responds_%E2%80%9COh_Great_Here_We_Go_Again%E2%80%9D\" >\ud83d\udcc9 The Market Responds: \u201cOh Great, Here We Go Again\u201d<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-vs-musk-memecoins-and-market-tantrums-wall-streets-latest-reality-show\/49723\/#%F0%9F%92%B8_Trumpcoin_Seriously\" >\ud83d\udcb8 Trumpcoin? Seriously?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-vs-musk-memecoins-and-market-tantrums-wall-streets-latest-reality-show\/49723\/#%F0%9F%8C%90_China_Talks_Global_Trade_Policy_or_Just_Another_Flex\" >\ud83c\udf10 China Talks: Global Trade Policy or Just Another Flex?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-vs-musk-memecoins-and-market-tantrums-wall-streets-latest-reality-show\/49723\/#%F0%9F%93%8A_The_Trump_Effect_Still_Chaotic_Still_Profitable_Sometimes\" >\ud83d\udcca The Trump Effect: Still Chaotic, Still Profitable (Sometimes)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-vs-musk-memecoins-and-market-tantrums-wall-streets-latest-reality-show\/49723\/#%F0%9F%94%8D_Coming_Soon_to_a_Ticker_Near_You\" >\ud83d\udd0d Coming Soon to a Ticker Near You<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"%F0%9F%9A%A8_Trump_and_Musk_From_Bromance_to_Billionaire_Brawl\"><\/span>\ud83d\udea8 Trump and Musk: From Bromance to Billionaire Brawl<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Once upon a time, Elon Musk and Donald Trump shared a common goal: shaking things up and tweeting through it. Now? Not so much.<\/p>\n<p>After Musk hinted he might fund Democrats (gasp!), Trump took to <em>Truth Social<\/em> to issue a mob-movie-style threat, warning of <strong>&#8220;serious consequences.&#8221;<\/strong><br \/>\nWall Street heard it loud and clear\u2014<strong>Tesla stock immediately dropped 14%<\/strong>, because apparently the market doesn\u2019t love political tantrums affecting its favorite EV play.<\/p>\n<p>Per <a href=\"https:\/\/www.businessinsider.com\/a-timeline-of-how-elon-musks-relationship-with-trump-imploded-2025-6\" target=\"_blank\" rel=\"noopener\">Business Insider<\/a>, this bromance was doomed from the start, with Musk increasingly tired of Trump\u2019s unpredictable style and Trump offended by, well, anything that doesn\u2019t praise him.<\/p>\n<p>Musk, in true billionaire fashion, rage-deleted several X posts. Damage control or just billionaire sulking? You decide.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%F0%9F%93%89_The_Market_Responds_%E2%80%9COh_Great_Here_We_Go_Again%E2%80%9D\"><\/span>\ud83d\udcc9 The Market Responds: \u201cOh Great, Here We Go Again\u201d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Meanwhile, over in the world of grownups, a strong jobs report actually gave the <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> a bit of a lift\u2014until investors remembered Trump exists and might be president again.<\/p>\n<p>As reported by <a href=\"http:\/\/www.msn.com\/en-us\/money\/markets\/stock-market-today-dow-jones-rises-on-jobs-surprise-trump-warning-nvidia-rises-apple-falls-live-coverage\/ar-AA1G4CfX\" target=\"_blank\" rel=\"noopener\">MSN<\/a>, Trump spent part of his day yelling into the internet about how Jerome Powell should now \u201c<strong>LOWER THE RATE<\/strong>,\u201d because subtlety is for losers.<\/p>\n<p>Wall Street is used to navigating inflation and earnings. It&#8217;s less used to navigating the social media musings of a man who once suggested injecting bleach.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%F0%9F%92%B8_Trumpcoin_Seriously\"><\/span>\ud83d\udcb8 Trumpcoin? Seriously?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you thought this week couldn\u2019t get more surreal, guess what? Trump is now hyping his own <strong>memecoin<\/strong> like he\u2019s the new Satoshi.<br \/>\nYes, really.<\/p>\n<p>According to<a href=\"https:\/\/cointelegraph.com\/news\/trump-memecoin-unlock-july-2025-price-sentiment\" target=\"_blank\" rel=\"noopener\"> Cointelegraph<\/a>, there\u2019s a <strong>$520 million unlock<\/strong> coming in July for a Trump-themed token. Apparently, this coin is supposed to be a \u201cgauge of sentiment,\u201d which is a very generous way to describe a political meme token.<\/p>\n<p>The market response? Somewhere between eye-roll and \u201cplease make it stop.\u201d But hey, it wouldn\u2019t be 2025 without financial instruments doubling as political fan merch.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%F0%9F%8C%90_China_Talks_Global_Trade_Policy_or_Just_Another_Flex\"><\/span>\ud83c\udf10 China Talks: Global Trade Policy or Just Another Flex?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In a brief attempt at diplomacy (or a PR stunt, depending on your cynicism level), Trump announced that <strong>U.S.-China trade talks<\/strong> are happening in London on Monday.<\/p>\n<p>According to <a href=\"https:\/\/shareprices.com\/news\/us-and-china-to-talk-trade-policy-in-london-on-monday-trump-says-1a1m0drve991d7l\/\" target=\"_blank\" rel=\"noopener\">SharePrices.com<\/a>, Trump gave zero details, but lots of vibes. Investors are left wondering if we\u2019re going back to the good old days of tweet-triggered tariffs.<\/p>\n<p>If history is any guide, the markets should probably start bracing for another round of \u201cwill they\/won\u2019t they\u201d on trade escalation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%F0%9F%93%8A_The_Trump_Effect_Still_Chaotic_Still_Profitable_Sometimes\"><\/span>\ud83d\udcca The Trump Effect: Still Chaotic, Still Profitable (Sometimes)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Trump remains the rare political figure who can move markets faster than a Fed rate decision. Between his Musk feud, his Powell rants, and now his crypto cosplay, he\u2019s keeping traders on their toes\u2014and possibly on blood pressure meds.<\/p>\n<blockquote><p>\u201cThis is not just a campaign,\u201d said one market strategist. \u201cIt\u2019s performance art with real financial consequences.\u201d<\/p><\/blockquote>\n<p>With the 2026 midterms approaching and Trump&#8217;s presence looming over every index, expect more volatility. Whether that\u2019s good for your portfolio depends on your risk tolerance\u2014and maybe your meme fluency.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%F0%9F%94%8D_Coming_Soon_to_a_Ticker_Near_You\"><\/span>\ud83d\udd0d Coming Soon to a Ticker Near You<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Tesla drama:<\/strong> Does Musk keep quiet, or retaliate with an NFT of Trump as a clown?<\/li>\n<li><strong>Memecoin unlock:<\/strong> Will Trumpcoin moon or crash harder than a debate performance?<\/li>\n<li><strong>China trade talks:<\/strong> More tariffs? More ambiguity? More exclamation points?<\/li>\n<li><strong>The Fed:<\/strong> Will Powell cave to online pressure or keep pretending social media isn\u2019t real?<\/li>\n<\/ul>\n<h2><\/h2>\n<p><strong>In 2025, the stock market doesn\u2019t just follow the data\u2014it follows the drama.<\/strong><\/p>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>June 2025 is turning out to be less &#8220;financial quarter&#8221; and more &#8220;season premiere&#8221;\u2014and the stars of the show? Donald [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":50312,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[4331],"tags":[3710,4180,4350,4380,4413,4414,4415,4416],"class_list":["post-49723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trump-stock-market","tag-federal-reserve","tag-trump","tag-dow-jones","tag-stock-market","tag-elon-musk","tag-memecoins","tag-crypto","tag-political-volatility"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/49723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=49723"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/49723\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=49723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=49723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=49723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}