In what may be a sign of the times, and not an especially healthy one, my readers and friends recently have been filling my email inbox with questions about whether Donald Trump and White House insiders have been manipulating the stock market with his vacillating announcements about tariffs and the economy. Speculation along those lines broke into the open Tuesday when Fox News reporter Peter Doocy referred to the overall slide in the stock market since President Trump's inauguration and asked White House spokeswoman Karoline Leavitt, "You're sure nobody here at the White House shorted the Dow?" read more
After Trump put tariffs on longtime friends and important allies, Canada and the EU duties have retaliated with there own tariffs which are aimed at Republican-held states. read more
On Tuesday morning's edition of CNBC's Squawk on the Street, Cramer told co-host Carl Quintanilla that if there's a recession, it will be because Trump manufactured it, and slammed Trump's handling of trade with ostensible allies. He went on to say Trump is "playing with fire," and accused him of "arson." read more
California Gov. Gavin Newsom, a pioneer for LGBTQ+ rights who decades ago upset leaders in his own party when he defied state law and issued marriage licenses to same-sex couples, suggested Democrats were in the wrong in allowing transgender athletes to participate in female college and youth sports. "I think it's an issue of fairness, I completely agree with you on that. It is an issue of fairness " it's deeply unfair," Newsom said in his debut podcast episode of "This is Gavin Newsom." "I am not wrestling with the fairness issue. I totally agree with you." read more
It turns out that abandoning allies and tossing out security guarantees is bad for business. While U.S. defense stocks are slumping, European defense stocks are rising quickly because the markets have concluded that those governments will be spending lots more on defense. And every government around the world knows what happened to Zelensky last week in the Oval Office. The conclusion that many leaders will draw from the altercation that Trump and Vance had with Zelensky is that U.S. security guarantees-a key reason why countries tend to buy U.S. weapons- are not going to be a convincing argument anymore. Since Trump's inauguration, shares in the six biggest U.S. defense companies have fallen by an average of 4 percent. Meanwhile, shares of Europe's largest defense groups - including Germany's Rheinmetall - "have surged" by almost 40 percent in the same period. read more
Can you imagine how fast the GCCP would be having hearings for this obvious violation of federal rules if Biden did it?
#25 | Posted by Nixon
Of course, the vast majority of Dems would see that as an obvious con and wouldn't fall for it. As noted by the lack of Biden Bucks/Obama Moolah crypto.
On an unrelated note:
Trump Coin Down 85%
decrypt.co
If he hadn't been born stinking rich he probably wouldn't have even managed that. Too lazy to sell cars.
#30 | Posted by REDIAL
Maybe he wouldn't be such a useless, lazy POS if he had to work a day in his life. Although bankrupting his casinos must have taken a fair amount of effort.
Trump Worth $10 Billion Less Than If He'd Simply Invested in Index Funds
finance.yahoo.com
Along those same lines: