Summary
As Trump’s erratic tariff policy rattles global markets, investors and financial analysts are questioning his mental fitness.
Tom Lee of FSInsights said macro fund managers fear the White House is “not acting rationally, but rather on ideology,” with some even wondering if “the President might be insane.”
Lee placed full blame on Trump, saying his decisions lead to a “binary outcome,” though they often lack logic.
Market volatility surged after Trump raised tariffs on China to 125% before having to abruptly pause most tariffs.
Based on the recently circulated video of him bragging about how much money his inner circle made by buying the dip before he announced the tarrif pause, it seems not all rich people were left in the dark.
I’m not informed enough on the finer points of market manipulation law, but it certainly quacks like a duck.
Well, considering I’ve read complaints for years about how it’s legal for Congress to insider trade, and how we’ve all seen Trump get away with dozens of existing financial felony convictions plus having nuclear secrets laying around in the shitter, in very much doubt anything will happen regardless of how criminal it was.
But if it ends with more sycophants in his orbit behind bars, then I guess that’s still a positive.
It’s not legal for congress to insider trade any more than it’s legal for you to speed.
Just because a lot of people do it and it’s not enforced enough doesn’t make it legal.