'Seems Like Dumb And Dumber'—Ross Gerber Says The Stock Market Isn't Buying Any Of These 'Moves'

The stock market is in full-blown risk-off mode this week, and Ross Gerber, co-founder and CEO of Gerber Kawasaki Wealth & Investment Management, is not holding back. "Safe to say the stock market doesn't like any of these ‘moves' — it seems like dumb and dumber," Gerber wrote on X on Monday night after the Dow dropped nearly 1,000 points and the S&P 500 tumbled over 2% earlier in the day.No Confidence in the Fed or Trade PromisesSafe to say the stock market doesn't like any of these "moves" – it seems like dumb and dumber.— Ross Gerber (@GerberKawasaki) April 21, 2025Don't Miss:Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!Hasbro, MGM, and Skechers trust this AI marketing firm — invest pre-IPO from $0.60 per share now.The selloff came after Treasury Secretary Scott Bessent failed to deliver on trade agreements he had recently promised were in the works with key allies, including India, Japan, South Korea, and Australia. Markets had rallied briefly on hopes of those deals, but they never came, and investors pulled back hard.“In the end, it doesn’t matter what Bessent thinks or does because he works for Trump,” one Wall Street executive told the New York Post.Tech analyst Dan Ives at Wedbush Securities warned that unless there's quick progress with China and trade paths become clearer, “the markets, 10-year yield, USD, Gold, and the economy will head down their own divergent paths.”Meanwhile, Gerber added another point of concern last week: the growing political pressure on the Federal Reserve. “I’m no fan of Jerome. But the Fed should stay ‘independent’ as there is already enough politics involved.”Trending: It’s no wonder Jeff Bezos holds over $250 million in art — this alternative asset has outpaced the S&P 500 since 1995, delivering an average annual return of 11.4%. Here’s how everyday investors are getting started.Trump Turns Up the Heat on PowellOn Monday morning, President Donald Trump blasted Fed Chair Jerome Powell again on Truth Social, calling him “Mr. Too Late” and demanding immediate rate cuts. Trump claimed there is “virtually no inflation” and warned of an economic slowdown unless Powell acts “NOW.”The remarks stoked fears about the central bank’s independence and stability of the U.S. dollar. The Dollar Index fell to its lowest level since early 2022, and foreign investors appeared to be pulling money from U.S. assets.Adding fuel to the fire, reports emerged that the White House might try to remove Powell before his term ends in 2026.See Also: Mark Cuban Backs This Innovative Startup That Turns Videos into Games — Claim Your Share NowSafe Havens SurgeInvestors responded by fleeing stocks and pouring into gold and Bitcoin. The SPDR Gold Trust surged more than 2.5%, continuing a two-month rally that has pushed gold's year-to-date gain slightly above 30%. Bitcoin climbed to over $88,000, mirroring the safe-haven push.Stocks, on the other hand, saw red across the board. The Nasdaq 100 fell 3%, and nearly every stock in the S&P 500 ended the session lower.It's clear investors are not buying the administration's “moves” — and neither is Ross Gerber.Read Next:Can you guess how many retire with a $5,000,000 nest egg? The percentage may shock you.‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.26/share with a $1000 minimum.Image: Shutterstock