Trump is the sum total of the Republican party economic platform - greed, inter-generational theft, and non-stop lying. What we are witnessing is very likely the end of the MAGA Kingdom, due to EPIC lying...
"Fool me all the time, shame on me"
Trump intentionally manipulates markets ahead of bad news for a reason: He has an infantile view of markets.
His belief is that if he manipulates the market ahead of delivering bad news then the magnitude of loss will be buffered by the fraudulent gain. As we see above, Trump has "learned" that raising tariffs is really not that big a deal for the market.
What he doesn't realize is that momentum speculators increase their exposure on the way up. Making each implosion more and more painful. For example VIX algos now with near record short positions.
What we are witnessing in real-time is human history's biggest bull trap.
"More drugs please"
