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Commander In Fraud
Trump and his cronies engineered a market crash for the worst reasons
(Opinions expressed are purely my own. This is not intended to be investment advice and does not reflect the opinions of any organizations that I’m affiliated with.)
It’s been an extremely interesting week in the stock market. A week ago everyone was sure the global economic order was being upended when Donald Trump unveiled his ridiculous tariffs. Following that, stock markets across the globe tanked.
Then this past Monday there were suddenly rumors of a tariff delay on Twitter causing markets to shoot up for a few minutes. But when the White House denied the rumor and called it fake news, markets tanked again.
The selling continued until Wednesday when Trump suddenly decided to delay his tariffs (besides China) for 90 days. This announcement came suddenly and without warning, causing stock markets to surge by more than 10%, a true face ripping rally.
The timing and execution of Wednesday’s announcement that momentarily rescued the crashing stock market was extremely suspicious. I’m not big on conspiracy theories, but Trump and his advisors don’t strike me as honest folks that hold themselves to a high moral standard. Instead they strike me as con men.
