I'm one hundred percent convinced, the future historians will look back at this era and wonder if something happened to the drinking water supply. An administration that started with a memecoin, a president who has pardoned literal scammers, now frontrunning his own announcements. What's next?
The timing
I'm going to give this one to Donnie. He's mastered the art of "getting away with it". Maybe that should be the title of his next book- actually.
https://x.com/coffeebreak_YT/status/1910046150800924960
On Monday a reporter named Walter Bloomberg had announced that the White House was considering a 90 day pause on all tariffs. For tweeting this, the reporter got attacked and insulted. Turns out he was right, but I'm sure an apology will never come- Why would it?
The green markets we are now seeing is a direct reaction to this 90 day pause. One, that I'm not convinced marks the end of the journey into the world of stupid.
However, the president did announce his 4d chess move hours before on his Truth Social account- Did we listen?
I guess, if you are among the select group of people who still believe in politicians, maybe this would have made you buy. But of course, most people are just confused. The mixed messaging of the administration is as clear and objective as reading coffee grounds on my morning cup of joe to make market calls.
About three hours later, the 5D Chess move(He upped the game) that rips time and space gets finally announced:
Only China will remain on a chokehold. The tariffs imposed on China are now increased heavily. The markets react accordingly, and the talking heads begin to celebrate the move to the upside.
Some reporters attempted to get some clarification from the President. It seems obvious to anyone that is watching, that the White House seems to not have a clear plan forward. But Trump, being his usual self, clarifies nothing, and simply says people were being too Yippy, too Panicked, Panicans, he called them. A pat on the head -there, there- to the folks who saw their 401k lose value faster than a rug pulled crypto project.
Does it really matter?
I'm of the idea that the next four years will be more of this type of behavior. More chaos, more market manipulation, more unjustified mixed signals, more instability for the US and of course, for the world.
The pendulum is moving to the other side with aggression. I fear that when it comes back, it's going to destroy a lot of individual freedoms, attempting to put back the demons released from this pandora's box.
MenO