Political Update Saturday March 29, 2025
- AlgoTradeAlert
- Mar 29
- 2 min read
Political Update Saturday March 29, 2025 Historically, April is usually a strong month for the stock market, with gains occurring 80% of the time over the past 20 years. A significant date to watch based on W.D. Gann's cycle theory is April 5, 2025.
A major point of disagreement is the debt ceiling, a key issue for Republicans. Trump wants a quick solution, making Reconciliation the most likely method. However, in the closely divided House, conservative Republicans will probably only approve a debt ceiling increase if there are significant spending cuts. This could face opposition from Senate Republicans who are worried about the political consequences of austerity.
All eyes are on President Trump's upcoming April 2 tariff deadline. The White House has already taken steps to increase economic pressure by pushing forward with auto tariffs, which supports its goal of strengthening American manufacturing and economic nationalism. World leaders are actively trying to negotiate with the President to lessen the impact of retaliatory tariffs. Next week will be crucial in determining whether behind-the-scenes talks have resulted in important compromises and which industries will be most affected by the trade conflict.
Want to read more?
Subscribe to algotradealert.com to keep reading this exclusive post.