Trump says markets need medicine
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Another day of stock market mayhem as nations ask Trump to reconsider tariffs
Carney asked about market uncertainty amid U.S. tariffsThe Latest
- North American stock markets closed low again after a roller-coaster day.
- Mixed messaging about a potential pause on U.S. President Donald Trump’s tariffs led to the wild ride on the markets.
- The president said there would be no reprieve and doubled down instead, threatening more tariffs on goods from China.
- Canadian political leaders laid out their plans to help the domestic economy under what they acknowledged to be a real threat of recession.
Trump tariffs cause global economic turmoil
Stock markets in flux as Trump threatens new tariffs on China
S&P 500 was up 0.3% in afternoon trading, Dow Jones Industrial Average was down 0.5%, Nasdaq up 0.8%
U.S. and Canadian stocks are falling for a third day in a row as markets react to U.S. President Donald Trump's doubling down on blanket tariffs first announced last week.
The S&P 500 was up 0.3 per cent in afternoon trading, coming off its worst week since COVID began crashing the global economy in March 2020. The index, which sits at the heart of many investors' 401(k) accounts, has been flirting with a drop of 20 per cent from its record set less than two months ago.
The Dow Jones Industrial Average was down 184 points, or 0.5 per cent, as of 2:37 p.m. ET, and the Nasdaq composite was 0.8 per cent higher.
Earlier in a heart-racing morning, the Dow fell as many as 1,700 points shortly after trading began, following even worse losses worldwide on worries that Trump's tariffs could torpedo the global economy. But it suddenly surged to a leap of nearly 900 points before pulling back lower. The S&P 500 at one point went from a loss of 4.7 per cent to a gain of 3.4 per cent, which would have been its biggest jump in years.
The yo-yoing came amid reports, which the White House called "fake news," that Trump was considering a 90-day tariff pause. The reports briefly sent markets back up into positive territory before the White House's assertion caused them to tumble again.
Within less than an hour of that "fake news" announcement, Trump threatened to raise tariffs further against China after the world's second-largest economy retaliated last week with its own set of tariffs on U.S. products.
Before trading began, the S&P 500 was headed toward bear market territory, defined as a fall of more than 20 per cent from the peak. The S&P 500, Nasdaq and Dow Jones all recouped some value before markets opened. The index was off 17.4 per cent as of the end of last week.
The S&P/TSX composite index was also trading down 1.57 per cent, while the Canadian dollar was trading for 70.34 cents, the same value as it was on Friday.
On Wall Street, roughly 65 per cent of the stocks fell within the S&P 500. The index is being lifted by gains from several big technology stocks, whose pricey values tend to give more heft to the market's direction, whether up or down. Nivida rose 4.6 per cent.
Nike dropped four per cent, for one of the larger losses in the market. Not only does it sell a lot of shoes and apparel in China, it also makes much of it there.
The market plummets follows Trump's announcement of sharply higher U.S. import taxes and retaliation from China that saw markets fall sharply on Thursday and Friday.
'Your question is so stupid': Trump defends tariffs despite market collapseLate Sunday, Trump reiterated his resolve, saying, "sometimes you have to take medicine to fix something."
Some countries, South Korea, Japan and Pakistan among them, said they were sending trade officials to Washington soon to try to seek clarity.
However, Germany's economy minister, Robert Habeck, was defiant as he arrived at a meeting of European Union trade ministers in Luxembourg, saying the premise of the wide-ranging tariffs was "nonsense" and that attempts by individual countries to win exemptions haven't worked in the past.
It's important for the EU to stick together, he said. That "means being clear that we are in a strong position — America is in a position of weakness."
Trump has given several reasons for his stiff tariffs, including to bring manufacturing jobs back to the United States, which is a process that could take years. Trump has also justified the tariffs as a matter of addressing American trade deficits — which most economists say is not a sign of economic health in and of itself. In the case of Canada and Mexico, he has sought to use tariffs to try to curb the flow of fentanyl into the U.S., even though drug interdictions from Canada into the U.S. are relatively low.
Jared Bernstein, former chair of president Joe Biden's Council of Economic Advisers, told CBC News Network that the Trump administration's tariff policy is built on an "alternate reality" where trade deficits are negative and something other nations deserve to be punished for.
"Until they're willing to bend ... their alternate reality to the actual reality, which is exactly what the markets are responding to, I think we're gonna just be looking at more of this kind of volatility and disruption," Bernstein said of the tumult on Wall Street.
JPMorgan Chase CEO Jamie Dimon, in his much-read annual note to shareholders early Monday, cautioned investors that the turmoil caused by U.S. tariffs and a global trade war could slow growth in the world's largest economy, spur inflation and potentially lead to lasting negative consequences.
"The quicker this issue is resolved, the better because some of the negative effects increase cumulatively over time and would be hard to reverse," the CEO wrote.
The bizarre way Trump’s team calculated reciprocal tariffs | About ThatThe U.S. Federal Reserve could cushion the blow of tariffs on the American economy by cutting interest rates, which Trump in a social media post early Monday argued for. That can encourage companies and households to borrow and spend. But Fed chair Jerome Powell said Friday that the higher tariffs could drive up expectations for inflation and lower rates could fuel still more price increases.
Global markets tumble
Chinese markets often don't follow global trends, but they also tumbled. Hong Kong's Hang Seng dropped 13.2 per cent, while the Shanghai Composite index lost 7.3 per cent. In Taiwan, the Taiex plummeted 9.7 per cent, while South Korea's Kospi lost 5.6 per cent.
Tokyo's Nikkei 225 index lost nearly 8 per cent shortly after the market opened and futures trading for the benchmark was briefly suspended. It closed down 7.8 per cent.
European shares followed Asian markets lower, led by Germany's DAX index, which briefly fell more than 10 per cent at the open on the Frankfurt exchange, but recovered some ground ground to move down 4.8 per cent in midday trading.
In Paris, the CAC 40 shed 5.1 per cent, while Britain's FTSE 100 lost 4.9 per cent.
Nathan Thooft, chief investment officer and senior portfolio manager at Manulife Investment Management, said more countries are likely to respond to the U.S. with retaliatory tariffs. Given the large number of countries involved, "it will take a considerable amount of time in our view to work through the various negotiations that are likely to happen."
"Ultimately, our take is market uncertainly and volatility are likely to persist for some time," he said.
Oil prices plummet
The price of benchmark U.S. crude oil is down 1.1 per cent to $61.32 a barrel. Earlier in the day, it briefly dipped below $60 a barrel for the first time since 2021.
Middle East stock markets tumbled Monday as they struggled with the dual hit of the United States' new tariff policy and a sharp decline in oil prices.
That cost per barrel is far lower than the estimated break-even price for Saudi Arabia and most other countries producing energy in the Middle East. That's coupled with the new tariffs, which saw the Gulf Cooperation Council states of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates hit with 10 per cent tariffs.
"With these measures and the expected retaliatory measures that could be adopted by other countries, the stability and predictability of international trade could be undermined," the accounting firm PwC said in an advisory to its Mideast clients.
With files from Reuters and The Canadian Press
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From: Minister of Finance / Ministre des Finances <minister-ministre@fin.gc.ca>
Date: Mon, Apr 7, 2025 at 3:13 PM
Subject: Automatic reply: "Aequitas" Royal Bank, mutual fund firms say new stock market will be fairer??? Thats a sick joke Correct Mr Allgood?
To: David Amos <david.raymond.amos333@gmail.com>
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From: OfficeofthePremier, Office PREM:EX <Premier@gov.bc.ca>
Date: Mon, Apr 7, 2025 at 3:13 PM
Subject: Automatic reply: "Aequitas" Royal Bank, mutual fund firms say new stock market will be fairer??? Thats a sick joke Correct Mr Allgood?
To: David Amos <david.raymond.amos333@gmail.com>
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From: David Amos <david.raymond.amos333@gmail.com>
Date: Mon, Apr 7, 2025 at 3:11 PM
Subject: Fwd: "Aequitas" Royal Bank, mutual fund firms say new stock market will be fairer??? Thats a sick joke Correct Mr Allgood?
To: pm <pm@pm.gc.ca>, dominic.leblanc <dominic.leblanc@parl.gc.ca>, fin.minfinance-financemin.fin <fin.minfinance-financemin.fin@canada.ca>, <ps.ministerofpublicsafety-ministredelasecuritepublique.sp@ps-sp.gc.ca>, Marco.Mendicino <Marco.Mendicino@parl.gc.ca>, mcu <mcu@justice.gc.ca>, prontoman1 <prontoman1@protonmail.com>, hon.melanie.joly <hon.melanie.joly@canada.ca>, Chrystia.Freeland <Chrystia.Freeland@parl.gc.ca>, davidmylesforfredericton@gmail.com <DavidMylesForFredericton@gmail.com>, David.Akin <David.Akin@globalnews.ca>, dfournier <dfournier@protonmail.com>, djtjr <djtjr@trumporg.com>, <jasonlavigne@outlook.com>, washington field <washington.field@ic.fbi.gov>, Mark.Blakely <Mark.Blakely@rcmp-grc.gc.ca>, Michael.Duheme <Michael.Duheme@rcmp-grc.gc.ca>, Mike.Comeau <Mike.Comeau@gnb.ca>, Susan.Holt <Susan.Holt@gnb.ca>, premier <premier@ontario.ca>, premier <premier@gov.nl.ca>, premier <premier@leg.gov.mb.ca>, premier <premier@gov.yk.ca>, premier <premier@gov.nt.ca>, premier <premier@gov.bc.ca>, Office of the Premier <scott.moe@gov.sk.ca>, premier <premier@gov.pe.ca>, PREMIER <PREMIER@gov.ns.ca>, premier <premier@gov.ab.ca>
Cc: Press <press@bankofengland.co.uk>, jamie.dimon <jamie.dimon@jpmorgan.com>, Stephane.vaillancourt <Stephane.vaillancourt@rcmp-grc.gc.ca>, Frank.McKenna <Frank.McKenna@td.com>, <Patrick.Fitzgerald@skadden.com>
Jamie Dimon Warns Tariffs Will Raise Prices, Slow Growth
JPMorgan CEO says in annual letter he hopes for long-term benefits, but that many uncertainties exist
Updated April 7, 2025 7:07 am ET
Markets Swing Wildly After Trump Holds His Ground on Tariff Plan
S&P 500 briefly hits bear-market territory and oil falls; President Trump stands firm despite alarm on Wall Street
Last Updated:
April 7, 2025 at 1:30 PM EDT
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TwitterA false dawn on the tariff front fueled a brief midmorning rally Monday, with the S&P 500 surging some 7%, before the administration clarified that there will be no delay in implementing new levies and selling resumed.
The episode, which left U.S. stocks down for a third day, highlights the increasing desperation on Wall Street as the trade-war rout of 2025 extends into a new week.
In afternoon trading, the Dow Jones Industrial Average fell 1%, about 380 points. The Nasdaq Composite turned fractionally higher and the S&P 500 was flat, with all three indexes rallying after 1 p.m. ET.
The earlier rally followed erroneous headlines that President Trump was considering a 90-day pause in tariffs. The initial reaction showed how much desire there is among investors to return to the well-trod territory of administrations that want to assist markets and stock declines that are quickly followed by sharp bouncebacks.
This time, some major investors are starting to sound off publicly about what they see as the dangers in the shift to large tariffs. So far, though, it's clear that President Trump and his advisers aren't humming the same tune.
Trump said Monday he plans to add an additional 50% tariff on China starting Wednesday if the country doesn’t withdraw its retaliatory tariff increase on the U.S. “Additionally, all talks with China concerning their requested meetings with us will be terminated!” he wrote.
Stocks took their latest leg down in response. The S&P stood close to bear-market territory, defined as a 20%-plus decline from a recent peak. The tech-heavy Nasdaq Composite fell into a bear market last week.
Wall Street's "fear gauge," the VIX, leapt as investors braced for further volatility ahead, and global markets recoiled. The index has more than doubled in the last month.
Treasurys were volatile, as investors considered how tariffs could both slow short-term growth and rekindle inflation, complicating the task of the Federal Reserve. Futures prices showed traders stepping up bets on multiple rate cuts this year. Early Monday, Trump renewed his call for the Fed to ease policy and said his policies were bringing down oil prices and interest rates.
In Asia, where many economies are highly trade-reliant, stocks plunged. Hong Kong's main equity benchmark lost 13%, in its worst day since the Asian financial crisis. Indexes in Shanghai, Taipei and Tokyo fell between 7% and 10%.
In Europe, the Stoxx Europe 600 sank more than 4%. Bitcoin and oil prices fell.
Last week, U.S. stocks lost $6.6 trillion in value during a two-day washout after Trump announced larger tariffs than Wall Street expected and China said it would match the duties on all U.S.-made goods.
Here’s what else you need to know:
Israeli Prime Minister Benjamin Netanyahu is the first world leader to hold in-person talks with Trump about the tariffs. U.S. officials said more than 50 countries had reached out to start negotiations.
The Chinese Communist Party’s flagship newspaper said Chinese policymakers were well-prepared to cope with U.S. tariffs by using policy tools including monetary and fiscal easing.
Influential Wall Street voices raised concerns. JPMorgan's Jamie Dimon warned about the effect of tariffs on growth, prices, and the economic alliances that have underpinned America's “extraordinary standing in world affairs.”
Meanwhile, billionaire investor Bill Ackman called for a 90-day pause on the implementation of the tariffs, saying they are a mistake.
Live Q&A on Trump’s Tariffs: WSJ’s economic reporters chat here from 1 p.m. to 2 p.m. ET. Join in!
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Some investors looking to survey the damage to their stock portfolios this morning encountered frustrating technical glitches at brokerages including Fidelity Investments and Robinhood Markets.
Downdetector, a crowdsourced website where users report outages to popular websites, showed a spike in reports at Fidelity, Robinhood and Interactive Brokers around 9:30 a.m. ET, when U.S. stock markets opened with a sharp drop caused by fallout from President Donald Trump’s tariff announcement last week.
EU Trade Commissioner Maroš Šefčovič. (Jean-Christophe Verhaegen/AFP/Getty Images)
The European Union’s first round of retaliatory tariffs against the U.S. won’t target the same value of goods as the U.S. steel and aluminum tariffs, a senior EU official said Monday.
The EU said last month that it was planning countermeasures that could hit up to 26 billion euros worth of American products, an amount that would be roughly equivalent to the value of European metal imports targeted by the U.S. After consultations with member states, EU Trade Commissioner Maroš Šefčovič said Monday that the bloc’s tariffs won’t reach that level but didn’t specify the value of goods they will cover. “We are not in the business of tit for tat or penny for penny,” he said.
---------- Original message ----------
From: "MinFinance / FinanceMin (FIN)" fin.minfinance-financemin.fin@
Date: Tue, 19 Dec 2017 20:13:44 +0000
Subject: RE: "Aequitas" Royal Bank, mutual fund firms say new stock
market will be fairer??? Thats a sick joke Correct Mr Allgood?
To: David Amos motomaniac333@gmail.com
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From: "Office, Press" Press@bankofengland.co.uk
Date: Tue, 19 Dec 2017 20:14:02 +0000
Subject: Automatic reply: "Aequitas" Royal Bank, mutual fund firms say
new stock market will be fairer??? Thats a sick joke Correct Mr
Allgood?
To: David Amos motomaniac333@gmail.com
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From: FCA Mailbox FCAMailbox@fca.org.uk
Date: Wed, 26 Jun 2013 07:00:23 +0000
Subject: Automatic reply: "Aequitas" Royal Bank, mutual fund firms say
new stock market will be fairer??? Thats a sick joke Correct Mr
Allgood?
To: David Amos motomaniac333@gmail.com
On 1 April 2013 The Financial Services Authority (FSA) was replaced by
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---------- Original message ----------
From: David Amos motomaniac333@gmail.com
Date: Tue, 19 Dec 2017 16:12:09 -0400
Subject: Fwd: "Aequitas" Royal Bank, mutual fund firms say new stock
market will be fairer??? Thats a sick joke Correct Mr Allgood?
To: catherine.kee@tmx.com, Bill.Morneau@canada.ca,
Lou.Eccleston@tmx.com, Cheryl.Graden@tmx.com, joseph.ernst@tmx.com,
allison@viafoura.com, sylvie.gadoury@radio-canada.ca
Alex.Johnston@cbc.ca,
dean.buzza@rcmp-grc.gc.ca, jesse@viafoura.com, denis.landry2@gnb.ca,
rick.hancox@fcnb.ca, press@bankofengland.co.uk,
jamie.dimon@jpmorgan.com, Stephane.vaillancourt@rcmp-
Frank.McKenna@td.com, Patrick.Fitzgerald@skadden.com
washington.field@ic.fbi.gov, stephen.m.cutler@jpmorgan.com,
deborah.alexander@scotiabank.
debgrey@gmail.com, leader@greenparty.ca, justin.trudeau@parl.gc.ca,
Gerald.Butts@pmo-cpm.gc.ca
Cc: david.raymond.amos@gmail.com, oig@sec.gov, harvey.cashore@cbc.ca
Cheryl L. Graden
Senior Vice President, Legal and Business Affairs and Corporate Secretary
TMX Group Limited
General Counsel's Office, The Exchange Tower
130 King St. W.
Toronto, Ontario M5X 1J2
Phone: 416-947-4359
Fax: 416-947-4461
Email: cheryl.graden@tmx.com
Joseph Ernst
Vice-President, Legal and Business Affairs
TMX Group Limited
General Counsel's Office, The Exchange Tower
130 King St. W.
Toronto, Ontario M5X 1J2
Phone: 416-947-4508
Fax: 416-947-4461
Email: joseph.ernst@tmx.com
https://www.tmx.com/investor-
Lou Eccleston
Chief Executive Officer, TMX Group
Lou Eccleston is Chief Executive Officer of TMX Group Limited. He
joined TMX Group on November 3, 2014. Mr. Eccleston is a member of the
TMX Group Board of Directors; he is also a member of the Board of
Directors of several TMX Group subsidiaries, including TSX Inc., TSX
Venture Exchange Inc., Montreal Exchange and NGX. Mr. Eccleston has
more than 30 years of extensive experience gained in senior leadership
roles in the information services, financial technology and capital
market services sectors.
Prior to joining TMX Group, he was President, S&P Capital IQ and
Chairman of the Board, S&P Dow Jones Indices, which are business lines
of McGraw Hill Financial. He was with that organization for six years.
While there, Mr. Eccleston was named to the Institutional Investor
"Tech 50" in 2012, 2013 and 2014.
Previously, Mr. Eccleston was at Thomson Financial for four years in
the roles of President of Global Sales, Marketing & Services and
President of the Banking and Brokerage Group. Mr. Eccleston was at
Bloomberg LP for 14 years, where he held a number of roles including
chief executive of Bloomberg Tradebook for 6 years. He also served as
Chairman and CEO of Pivot Inc., a capital market software services
company.
Mr. Eccleston earned a BA in Economics from Drew University in
Madison, NJ as well as a MBA from La Salle University in Philadelphia,
PA.
Cheryl Graden
Senior Vice President, Group Head of Legal and Business Affairs,
Enterprise Risk Management and Government Relations
Cheryl Graden is Senior Vice President, Group Head of Legal and
Business Affairs and Corporate Secretary of TMX Group. She is also an
officer of TMX Group Limited and its subsidiaries and a member of the
TMX Group Executive Committee. Ms. Graden has responsibility for
advising TMX Group on all legal and regulatory issues that arise out
of its operations and business initiatives. Her mandate also includes
oversight of enterprise risk management and government relations.
Ms. Graden began her legal career at Torys LLP in 1996 and joined TMX
Group in 2004 as Chief Legal Officer at NGX in Calgary. Her role
expanded over the years to encompass additional responsibilities,
including the Canadian Depository for Securities' legal and regulatory
affairs. In January 2013, Ms. Graden was promoted to Vice President,
Cash Clearing and Energy. She is an acknowledged expert in energy and
clearing and has been a regular speaker on these topics across North
America.
In addition to an undergraduate degree from the University of Alberta,
Ms. Graden earned Bachelor of Laws and Masters of Law (Securities)
degrees from Osgoode Hall Law School and is called to the Bar of
Ontario. She is a Member of the Law Society of Upper Canada.
https://www.tsx.com/news?id=
Lou Eccleston, CEO, TMX Group
Dax Dasilva, CEO & Founder, Lightspeed
Paul Crowe, CEO, BNOTIONS
David Lloyd, SVP, Platform Delivery & Managing Director Canada,
IntelliResponse Inc. a [24]7 Company
Jesse Moeinifar, CEO & Founder, Viafoura
James Swayze, CEO, Symbility
Miriam Turek, CEO and Co-Founder, Clear Blue Technologies
For more information please contact:
Catherine Kee
Manager, Corporate Communications
TMX Group
416-814-8834
catherine.kee@tmx.com
---------- Forwarded message ----------
From: David Amos <motomaniac333@gmail.com>
Date: Wed, 26 Jun 2013 01:16:49 -0300
Subject: "Aequitas" Royal Bank, mutual fund firms say new stock market
will be fairer??? Thats a sick joke Correct Mr Allgood?
To: pm <pm@pm.gc.ca>, "david.allgood" <david.allgood@rbc.com>,
"flaherty.j" <flaherty.j@parl.gc.ca>, oig <oig@sec.gov>, whistle
<whistle@fsa.gov.uk>, oig <oig@ftc.gov>, andreas.park@utoronto.ca,
david.barry@nbsc-cvmnb.ca, rick.waugh@scotiabank.com,
deborah.alexander@scotiabank.
<jennifer.warren@cibc.com>, Jeffrey.Heath@scotiabank.com,
shareholder@tmx.com, "stephen.m.cutler"
<stephen.m.cutler@jpmorgan.com
<jamie.dimon@jpmorgan.com>, "gregory.craig"
<gregory.craig@skadden.com>, "Patrick.Fitzgerald"
<Patrick.Fitzgerald@skadden.
"ron.klain" <ron.klain@revolution.com>, tom.kloet@tmx.com,
"dean.buzza" <dean.buzza@rcmp-grc.gc.ca>
Cc: David Amos <david.raymond.amos@gmail.com>
<debgrey@gmail.com>, "michael.ignatieff"
<michael.ignatieff@utoronto.ca
"justin.trudeau" <justin.trudeau@parl.gc.ca>
http://www.cbc.ca/news/
TMX Group Inc.
Tom Kloet. Chief Executive Officer
The Exchange Tower.
130 King Street West.
Toronto, ON M5X 1J2.
T (416) 947-4320.
F (416) 947-4332
tom.kloet@tmx.com
---------- Forwarded message ----------
From: David Amos <motomaniac333@gmail.com>
Date: Tue, 25 Jun 2013 19:15:36 -0300
Subject: I just called Again at these old pdf files and on of theirs
should enlighten the Upper Canadians in Morrison Park that Emera and
the snobby "adisors" ain't fooling all the Maritimers
To: "Frank.McKenna" <Frank.McKenna@td.com>,
pcolaiacovo@morrisonpark.com, "john.warr" <john.warr@rcmp-grc.gc.ca>,
"steve.murphy" <steve.murphy@ctv.ca>
Cc: David Amos <david.raymond.amos@gmail.com>
<jamiebaillie@gov.ns.ca>, ddave <ddave@nbnet.nb.ca>
---------- Forwarded message ----------
From: David Amos <motomaniac333@gmail.com>
Date: Wed, 21 Nov 2012 00:46:06 -0400
Subject: This is a brief as I can make my concerns Cst Peddle ask the
nasty Newfy lawyer Tommy Boy Marshall why that is
To: "Wayne.Lang" <Wayne.Lang@rcmp-grc.gc.ca>, toewsv1
<toewsv1@parl.gc.ca>, georgemurphy@gov.nl.ca, tosborne@gov.nl.ca,
william.baer@usdoj.gov, randyedmunds@gov.nl.ca, yvonnejones@gov.nl.ca,
gerryrogers@gov.nl.ca
Cc: Juanita.Peddle@rcmp-grc.gc.ca, tommarshall@gov.nl.ca,
"bob.paulson" <bob.paulson@rcmp-grc.gc.ca>, David Amos
<david.raymond.amos@gmail.com>
---------- Forwarded message ----------
From: David Amos <motomaniac333@gmail.com>
Date: Mon, 19 Nov 2012 11:36:04 -0400
Subject: This is a brief as I can make my concerns Randy
To: randyedmunds <randyedmunds@gov.nl.ca>
Cc: David Amos <david.raymond.amos@gmail.com>
In a nutshell my concerns about the actions of the Investment Industry
affect the interests of every person in every district of every
country not just the USA and Canada. I was offering to help you with
Emera because my work with them and Danny Williams is well known and
some of it is over eight years old and in the PUBLIC Record.
All you have to do is stand in the Legislature and ask the MInister of
Justice why I have been invited to sue Newfoundland by the
Conservatives
Obviously I am the guy the USDOJ and the SEC would not name who is the
link to Madoff and Putnam Investments
Here is why
http://banking.senate.gov/
Notice the transcripts and webcasts of the hearing of the US Senate
Banking Commitee are still missing? Mr Emory should at least notice
Eliot Spitzer and the Dates around November 20th, 2003 in the
following file
http://www.checktheevidence.
http://occupywallst.org/users/
---------- Forwarded message ----------
From: David Amos <david.raymond.amos@gmail.com>
Date: Tue, 22 Nov 2011 12:32:30 -0400
Subject: Andre meet Biil Csapo of Occupy Wall St He is a decent fellow
who can be reached at (516) 708-4777 Perhaps you two should talk ASAP
To: wcsapo <wcsapo@gmail.com>
Cc: occupyfredericton <occupyfredericton@gmail.com>
From: David Amos <david.raymond.amos@gmail.com>
Subject: Your friends in Corridor or the Potash Corp or Bruce Northrup
or the RCMP should have told you about this stuff not I
To: "khalid" <khalid@windsorenergy.ca>, "Wayne.Lang"
<Wayne.Lang@rcmp-grc.gc.ca>, "bruce.northrup@gnb.ca"
<bruce.northrup@gnb.ca>, "oldmaison@yahoo.com" <oldmaison@yahoo.com>,
"thenewbrunswicker" <thenewbrunswicker@gmail.com>, "chiefape"
<chiefape@gmail.com>, "danfour" <danfour@myginch.com>, "evelyngreene"
<evelyngreene@live.ca>, "Barry.MacKnight"
<Barry.MacKnight@fredericton.
<tom_alexander@swn.com>
Cc: "thepurplevioletpress" <thepurplevioletpress@gmail.
"maritime_malaise" <maritime_malaise@yahoo.ca>
Date: Tuesday, November 15, 2011, 4:16 PM
http://www.archive.org/
http://www.archive.org/
http://davidamos.blogspot.com/
FEDERAL EXPRES February 7, 2006
Senator Arlen Specter
United States Senate
Committee on the Judiciary
224 Dirksen Senate Office Building
Washington, DC 20510
Dear Mr. Specter:
I have been asked to forward the enclosed tapes to you from a man
named, David Amos, a Canadian citizen, in connection with the matters
raised in the attached letter. Mr. Amos has represented to me that
these are illegal
FBI wire tap tapes. I believe Mr. Amos has been in contact with you
about this previously.
Very truly yours,
Barry A. Bachrach
Direct telephone: (508) 926-3403
Direct facsimile: (508) 929-3003
Email: bbachrach@bowditch.com
http://qslspolitics.blogspot.
From: David Amos <motomaniac333@gmail.com>
Subject: Yo Mr Bauer say hey to your client Obama and his buddies in
the USDOJ for me will ya?
To: "RBauer" <RBauer@perkinscoie.com>, sshimshak@paulweiss.com,
cspada@lswlaw.com, "msmith" <msmith@svlaw.com>, "bginsberg"
<bginsberg@pattonboggs.com>, "gregory.craig"
<gregory.craig@skadden.com>, "pm" <pm@pm.gc.ca>, "bob.paulson"
<bob.paulson@rcmp-grc.gc.ca>, "bob.rae"
<bob.rae@rogers.blackberry.net
"leader" <leader@greenparty.ca>
Cc: alevine@cooley.com, "David Amos" <david.raymond.amos@gmail.com>
michael.rothfeld@wsj.com, remery@ecbalaw.com
Date: Saturday, November 17, 2012, 10:10 AM
QSLS Politics
By Location Visit Detail
Visit 29,419
Domain Name usdoj.gov ? (U.S. Government)
IP Address 149.101.1.# (US Dept of Justice)
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State : District of Columbia
City : Washington
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Visit Number 29,419
> http://online.wsj.com/article/
>
> http://www.ecbalaw.com/
>
>
> http://www.madoff.com/
>
> ---------- Forwarded message ----------
> From: David Amos <david.raymond.amos@gmail.com>
> Date: Tue, 31 Mar 2009 17:50:17 -0300
> Subject: Fwd: Re :USANYS-MADOFF AND IMPORTANT INFORMATION FROM US
> ATTORNEY'S OFFICE SDNY
> To: chad.bray@dowjones.com
>
> ---------- Forwarded message ----------
> From: "Olsen, Wendy (USANYS)" <Wendy.Olsen@usdoj.gov>
> Date: Tue, 31 Mar 2009 09:21:08 -0400
> Subject: RE: USANYS-MADOFF AND IMPORTANT INFORMATION FROM US
> ATTORNEY'S OFFICE SDNY
> To: David Amos <david.raymond.amos@gmail.com>
> <USANYS.MADOFF@usdoj.gov>, "Litt, Marc (USANYS)" <Marc.Litt@usdoj.gov>
> Cc: webo <webo@xplornet.com>, vasilescua@sec.gov, friedmani@sec.gov,
> krishnamurthyp@sec.gov
>
> Thank you for your response.
>
> Wendy Olsen
> Victim Witness Coordinator
>
> -----Original Message-----
> From: David Amos [mailto:david.raymond.amos@
> Sent: Tuesday, March 31, 2009 8:48 AM
> To: USANYS-MADOFF; Olsen, Wendy (USANYS); Litt, Marc (USANYS)
> Cc: webo; vasilescua@sec.gov; friedmani@sec.gov; krishnamurthyp@sec.gov
> Subject: RE: USANYS-MADOFF AND IMPORTANT INFORMATION FROM US ATTORNEY'S
> OFFICE SDNY
>
> Ms Olsen
>
> Thank you for keeping me informed.
>
> Yes unseal all my emails with all their attachments immediately and
> make certain that the US Attorny's office finally practices full
> disclosurement as to who I am and what my concerns are as per the Rule
> of Law within a purported democracy.
>
> As you folks all well know I am not a shy man and I have done nothing
> wrong. It appears to me that bureacratic people only use the right to
> privacy of others when it suits their malicious ends in order to
> protect their butts from impreacment, litigation and prosecution.
>
> The people in the US Attorney's Office and the SEC etc are very well
> aware that I protested immediately to everyone I could think of when
> the instant I knew that my correspondences went under seal and Madoff
> pled guilty so quickly and yet another cover up involing my actions
> was under full steam. Everybody knows that.the US Government has been
> trying to keep my concerns about the rampant public corruption a
> secret for well over seven long years. However now that a lot of
> poeple and their countries in general are losing a lot of money people
> are beginning to remember just exactly who I am and what i did
> beginning over seven years ago..
>
> Veritas Vincit
> David Raymond Amos
> 506 756 8687
>
> P.S. For the record Obviously I pounced on these Yankee bastards as
> soon as the newsrag in Boston published this article on the web last
> night.
>
> http://www.bostonherald.com/
> ormat=&page=2&listingType=biz#
>
> Notice that Nester just like everyone else would not say my name? It
> is because my issues surrounding both Madoff and are NOT marketing
> timing They are as you all well know money laundering, fraud,
> forgery, perjury, securites fraud, tax fraud, Bank fraud, illegal
> wiretappping and Murder amongst other very serious crimes.
>
> "SEC spokesman John Nester dismissed similarities between Markopolos
> and Scannell's cases as "not a valid comparison."
>
> He said the SEC determined the market-timing by Putnam clients that
> Scannell reported didn't violate federal law. Nester said the SEC only
> acted after another tipster alleged undisclosed market-timing by some
> Putnam insiders.
>
> Scannell, now a crusader for SEC reforms, isn't surprised the agency
> is in hot water again.
>
> Noting that several top SEC officials have gone on to high-paying
> private-sector jobs, he believes hopes for future employment impact
> investigations. "It's a distinct disadvantage to make waves before you
> enter the private sector," Scannell said."
>
> --- On Mon, 3/30/09, David Amos <david.raymond.amos@gmail.com> wrote:
>
> From: David Amos <david.raymond.amos@gmail.com>
> Subject: Fwd: USANYS-MADOFF IMPORTANT INFORMATION FROM US ATTORNEY'S
> OFFICE SDNY
> To: NesterJ@sec.gov, letterstoeditor@bostonherald.
> <oig@sec.gov>, Thunter@tribune.com, david@davidmyles.com,
> ddexter@ns.sympatico.ca, "Dan Fitzgerald" <danf@danf.net>
> Cc: dsheehan@bakerlaw.com, dspelfogel@bakerlaw.com,
> mc@whistleblowers.org, gkachroo@mccarter.com,
> david.straube@accenture.com, gurdip.s.sahota@accenture.com,
> benjamin_mcmurray@ao.uscourts.
> Date: Monday, March 30, 2009, 10:00 PM
>
> Need I say BULLSHIT?
>
> http://www.bostonherald.com/
> ormat=&page=2&listingType=biz#
>
>
> ---------- Forwarded message ----------
> From: David Amos <david.raymond.amos@gmail.com>
> Date: Mon, 30 Mar 2009 00:03:13 -0300
> Subject: RE: USANYS-MADOFF IMPORTANT INFORMATION FROM US ATTORNEY'S
> OFFICE
> SDNY
> To: Russ.Stanton@latimes.com, meredith.goodman@latimes.com,
> ninkster@navigantconsulting.
> Cc: firstselectmanffld@town.
> editor@whatsupfairfield.com, info@csiworld.org, jacques_poitras
> <jacques_poitras@cbc.ca>
>
> ---------- Forwarded message ----------
> From: David Amos <david.raymond.amos@gmail.com>
> Date: Sun, 29 Mar 2009 23:40:55 -0300
> Subject: Fwd: USANYS-MADOFF FW: IMPORTANT INFORMATION FROM US
> ATTORNEY'S OFFICE SDNY
> To: gmacnamara@town.fairfield.ct.
> "Paul. Harpelle" <Paul.Harpelle@gnb.ca>, Jason Keenan
> <jason.keenan@icann.org>, Kandalaw <Kandalaw@mindspring.com>
> Cc: info@grahamdefense.org, fbinhct@leo.gov
>
> From: "Peck,Dave" <DPeck@town.fairfield.ct.us>
> Date: Sun, 29 Mar 2009 22:32:32 -0400
> Subject: Out of Office AutoReply: USANYS-MADOFF FW: IMPORTANT
> INFORMATION FROM US ATTORNEY'S OFFICE SDNY
> To: David Amos <david.raymond.amos@gmail.com>
>
> I will be unavailable until 4/1/09.
>
> Deputy Chief MacNamara will be in charge while I am away.
>
> He can be reached at 254-4831 or email him at
> gmacnamara@town.fairfield.ct.
>
> I will not be checking emails or cell phone messages.
>
> Thank you,
>
> Chief Dave Peck
>
> ---------- Forwarded message ----------
> From: David Amos <david.raymond.amos@gmail.com>
> Date: Sun, 29 Mar 2009 23:32:18 -0300
> Subject: Fwd: USANYS-MADOFF FW: IMPORTANT INFORMATION FROM US
> ATTORNEY'S OFFICE SDNY
> To: dpeck@town.fairfield.ct.us, edit@ctpost.com, bresee@courant.com
>
> ---------- Forwarded message ----------
> From: David Amos <david.raymond.amos@gmail.com>
> Date: Sun, 29 Mar 2009 23:19:35 -0300
> Subject: RE: USANYS-MADOFF FW: IMPORTANT INFORMATION FROM US
> ATTORNEY'S OFFICE SDNY
> To: dtnews@telegraph.co.uk
>
> -----Original Message-----
> From: USANYS-MADOFF
> Sent: Saturday, March 28, 2009 3:06 PM
> To: DAVID.RAYMOND.AMOS@GMAIL.COM
> Subject: IMPORTANT INFORMATION FROM US ATTORNEY'S OFFICE SDNY
>
> In United States v. Bernard L. Madoff, 09 Cr. 213 (DC), the Court
> received a request from NBC and ABC to unseal all correspondence from
> victims that has been submitted in connection with the case. This
> includes your email to the Government. If the correspondence from
> victims is unsealed, the victim's personal identifying information
> including name, address, telephone number and email address (to the
> extent it was included on the correspondence) will become public. The
> Government must submit a response to the request by NBC and ABC by
> Tuesday, March 31, 2009. Please let us know whether you consent to
> the full disclosure of your correspondence, or whether you wish to
> have your correspondence remain sealed for privacy or other reasons.
> If you wish to have your correspondence remain sealed, please let us
> know the reason. We will defend your privacy to the extent that we
> can. Thank you.
>
> I looks like the US attorney in New York finally has to unseal my
> emails that you dudes have been sitting on for quite some time for no
> reason I will ever understand other than you are just a bunch of
> chickenshits.
>
> I know NBC, ABC, your blogger buddies or any other media wacko will
> never say my name but the pissed off folks that lost a lot of money
> with Bernie Baby just may ask how the hell I am EH?
>
> Veritas Vincit
> David Raymond Amos
>
>
>
>
> From: David Amos <david.raymond.amos@gmail.com>
> Date: Wed, 11 Mar 2009 15:48:50 -0300
> Subject: Fwd: Trust that whatever covert deal that Bernie Madoff and
> KPMG etc may make with the Feds they are not fooling mean old me
> To: Marc.Litt@usdoj.gov
>
> ---------- Forwarded message ----------
> From: David Amos <david.raymond.amos@gmail.com>
> Date: Wed, 11 Mar 2009 15:29:42 -0300
> Subject: Fwd: Trust that whatever covert deal that Bernie Madoff and
> KPMG etc may make with the Feds they are not fooling mean old me
> To: PChavkin@mintz.com
> Cc: webo <webo@xplornet.com>
>
> ---------- Forwarded message ----------
> From: "Olsen, Wendy (USANYS)" <Wendy.Olsen@usdoj.gov>
> Date: Tue, 10 Mar 2009 19:08:04 -0400
> Subject: RE: Trust that whatever covert deal that Bernie Madoff and
> KPMG etc may make with the Feds they are not fooling mean old me
> To: david.raymond.amos@gmail.com
>
> On March 10, 2009, the Honorable Denny Chin provided the following
> guidance for victims who wish to be heard at the plea proceeding on
> March 12, 2009 at 10:00 a.m.:
>
> Judge Chin stated that there are two issues that the Court will
> consider at the hearing: (1) whether to accept a guilty plea from the
> defendant to the eleven-count Criminal Information filed by the
> Government, which provides for a maximum sentence of 150 years'
> imprisonment; and (2) whether the defendant should be remanded or
> released on conditions of bail, if the Court accepts a guilty plea.
> Judge Chin also stated that, at the hearing on March 12, 2009, he will
> conduct a plea allocution of the defendant and then will announce
> whether the Court intends to accept the plea. At that time, the Court
> will solicit speakers who disagree with the Court's intended ruling.
>
> Assuming the defendant pleads guilty and his plea is accepted by the
> Court, the Court intends to allow the Government and defense counsel
> to speak on the issue of bail. The Court will then announce its
> intended ruling on that issue. The Court will then invite individuals
> who disagree with the proposed ruling on bail to be heard.
>
> The Court noted that there will be opportunity for victims to be
> heard in the future on the subjects of sentencing, forfeiture and
> restitution in advance of any sentencing of the defendant. The Court
> also noted that it is not appropriate for victims who wish to speak
> concerning sentencing issues to be heard at the March 12, 2009
> proceeding.
>
> A link to the a transcript of the March 10, 2009 Court hearing can
> be
> found on the website of the United States Attorney's Office for the
> Southern District of New York:
>
> http://www.usdoj.gov/usao/nys
>
>
> -----Original Message-----
> From: Olsen, Wendy (USANYS)
> Sent: Monday, March 09, 2009 10:56 AM
> To: usanys.madoff@usdoj.gov
> Subject: FW: Trust that whatever covert deal that Bernie Madoff and
> KPMG etc may make with the Feds they are not fooling mean old me
>
>
> -----Original Message-----
> From: David Amos [mailto:david.raymond.amos@
> Sent: Friday, March 06, 2009 12:58 PM
> To: horwitzd@dicksteinshapiro.com; Nardoza, Robert (USANYE);
> USAMA-Media (USAMA); Olsen, Wendy (USANYS)
> Cc: oig
> Subject: Trust that whatever covert deal that Bernie Madoff and KPMG
> etc may make with the Feds they are not fooling mean old me
>
> horwitzd@dicksteinshapiro.com
>
> ---------- Forwarded message ----------
> From: "Sartory, Thomas J." <TSartory@goulstonstorrs.com>
> Date: Fri, 6 Mar 2009 07:41:20 -0500
> Subject: RE: I did talk the lawyers Golub and Flumenbaum tried to
> discuss Bernie Madoff and KPMG etc before sending these emails
> To: david.raymond.amos@gmail.com
>
>
> Dear Mr. Amos,
>
> I am General Counsel at Goulston & Storrs. Your email below to
> Messers. Rosensweig and Reisch has been forwarded to me for response.
> While it's not clear what type of assistance, if any, you seek from
> Goulston % Storrs, please be advised that we are not in a position to
> help you. Please do not send further communications to any of our
> attorneys. We will not be able to respond, and your communications
> will not be protected by the attorney-client privilege.
>
> We wish you well in the pursuit of your concerns.
>
> Sincerely,
>
> Thomas J. Sartory
>
>
>
>
> -----Original Message-----
> From: David Amos [mailto:
> Sent: Wednesday, March 04, 2009 8:18 PM
> To: Rosensweig, Richard J.; info@LAtaxlawyers.com; Reisch, Alan M.;
> reed@hbsslaw.com
> Subject: Fwd: I did talk the lawyers Golub and Flumenbaum tried to
> discuss Bernie Madoff and KPMG etc before sending these emails
>
> Perhaps somebody should call me back now. EH? (902 800 0369)
>
>
> Post a comment:
> https://www.blogger.com/
>
> Unsubscribe to comments for this post:
> http://www.blogger.com/
>
> Posted by David Raymond Amos to Just Dave at Friday, May 22, 2009
>
Trump calls his tariffs economic 'medicine' after trillions wiped out from U.S. stock market
U.S. president claims dozens of countries want to negotiate after levies announced
'Your question is so stupid': Trump defends tariffs despite market collapseU.S. President Donald Trump on Sunday said foreign governments would have to pay "a lot of money" to lift sweeping tariffs that he characterized as "medicine," as financial markets indicated another week of steep losses could be in store.
Speaking to reporters aboard Air Force One, Trump indicated he was not concerned about market losses that have already wiped out nearly $6 trillion US in value from U.S. stocks.
"I don't want anything to go down. But sometimes you have to take medicine to fix something," he said.
Trump said that over the weekend, he had spoken to leaders from Europe and Asia, who hope to convince him to lower tariffs as high as 50 per cent due to take effect this week.
"They are coming to the table. They want to talk, but there's no talk unless they pay us a lot of money on a yearly basis," he said.
Trump's tariff announcement last week jolted economies around the world, triggering retaliatory levies from China and sparking fears of a global trade war and recession.
The bizarre way Trump’s team calculated reciprocal tariffsOn Sunday morning talk shows, the president's top economic advisers sought to portray the tariffs as a savvy repositioning of the United States in the global trade order.
They also tried to minimize the economic shocks from last week's tumultuous rollout. Wall Street stock futures opened sharply lower on Sunday, in a sign of further turbulence.
U.S. Treasury Secretary Scott Bessent said more than 50 nations had started negotiations with the U.S. since last Wednesday's announcement.
"He's created maximum leverage for himself," Bessent said on NBC's Meet the Press.
Trump appears on a television screen at a stock market in Frankfurt, Germany, on Wednesday. (Michael Probst/The Associated Press)
Neither Bessent nor the other officials named the countries or offered details about the talks. But simultaneously negotiating with multiple governments could pose a logistical challenge for the Trump administration and prolong economic uncertainty.
Bessent said there was "no reason" to anticipate a recession, citing stronger-than-anticipated U.S. jobs growth last month, before the tariffs were announced.
JPMorgan economists now estimate the tariffs will result in full-year U.S. gross domestic product declining by 0.3 per cent, down from an earlier estimate of 1.3 per cent growth, and that the unemployment rate will climb to 5.3 per cent from the current 4.2 per cent.
The Republican president spent the weekend in Florida, playing golf and posting a video of his swing to social media on Sunday.
Some countries seek reprieve
U.S. customs agents began collecting Trump's unilateral 10 per cent tariff on all imports from many countries on Saturday. Higher "reciprocal" tariff rates of 11 to 50 per cent on individual countries are due to take effect on Wednesday at 12:01 a.m. ET. Some governments have already signalled a willingness to engage with the U.S. to avoid the duties.
Taiwanese President Lai Ching-te on Sunday offered zero tariffs as the basis for talks with the U.S., pledging to remove trade barriers and saying Taiwanese companies will raise their U.S. investments.
Israeli Prime Minister Benjamin Netanyahu said he would seek a reprieve from a 17 per cent tariff on the country's goods during a planned meeting with Trump on Monday.
An Indian government official told Reuters the country does not plan to retaliate against a 26 per cent tariff and said talks were underway with the U.S. over a possible deal.
Markets look likely to tank further
Tariff-stunned markets face another week of potential turmoil after the worst week for U.S. stocks since the onset of the COVID-19 crisis five years ago.
The S&P Composite 1500 Index, among the widest measures of the U.S. market, has had almost $10 trillion US wiped out since mid-February, a significant blow to millions of Americans' retirement nest eggs.
Trump defiant as Dow plunges 2,200 points, global recession fears riseWhite House economic adviser Kevin Hassett denied that the tariffs were part of a Trump strategy to crash financial markets as a way to pressure the U.S. Federal Reserve to cut interest rates. He said there would be no "political coercion" of the central bank.
In a Truth Social post on Friday, Trump shared a video that suggested his tariffs aimed to hammer the stock market on purpose in a bid to force lower interest rates.
The social media post fuelled global debate over whether Trump's tariffs were part of a permanent new tariff regime or simply a negotiating tactic that could lead to the tariffs being eased through concessions by other countries.
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