"What do you have in your 2026 Market Madness bracket? A US attack on Iran’s energy grid? More exploding natural gas plants in the Middle East? US Marines on the ground in Iran? A sunk aircraft carrier or other US Navy ship? Oil at $150? Or maybe an end to the war and oil back to $70?
All of these possibilities and many others seem to be in play as President Donald Trump’s manic war strategy careens from one extreme to another. Investors are desperately trying to trade the Iran war Trump started on February 28, buying when Trump suggests the war might end soon, and selling when hostilities worsen. But these gigantic all-or-nothing trades, all pegged to one megalomaniac’s impulses, have plunged financial markets into a state of temporary insanity.
The latest Trump-driven gyration is a March 23 plunge in oil prices and surge in stock values, based on one de-escalatory social-media post. But that was nothing more than Trump backing down from his own escalatory threat of two days earlier …"
Trump is manipulating financial markets on an epic scale
byu/rickjnewman ineconomy
Posted by rickjnewman
1 Comment
I mean con artists do it with crypto pump and dumps. He is just doing it on a grander scale with the entire world economy.
He went from hundreds of millions of debt to billions in net worth just by being president. And got out of prison. Con artists will look up to him for decades to come.