Trump’s post on Truth Social last night was probably the major cause for US markets mayhem last night … plunging stocks, plunging greenback and bond yields rising to market critical levels again.
[[[[[ “With Energy Costs way down, food prices (including Biden’s egg disaster!) substantially lower, and most other “things” trending down, there is virtually No Inflation. With these costs trending so nicely downward, just what I predicted they would do, there can almost be no inflation, but there can be a SLOWING of the economy unless Mr. Too Late, a major loser, lowers interest rates, NOW. Europe has already “lowered” seven times. Powell has always been “To Late,” except when it came to the Election period when he lowered in order to help Sleepy Joe Biden, later Kamala, get elected. How did that work out?" ]]]]]
What an awful, potty mouthed, impulsive, deflecting, denialist post from a US President who is singularly responsible for the global trade war sweeping across the globe … y’all best pray his advisors talk sense into him soon.
Dex
Expand
