I expect some of it is corrupt greed for insiders.
1. Buy shorts
2. Flatter Trump's ego into declaring something crazy
3. Market drops
3. Make money on shorts
4. Buy stocks
5. Walk back the crazy
6. Market rebounds
7. Sell stocks
8. Repeat
JohnFen•20m ago
There's probably some truth to that.
The tragedy is that every time that cycle repeats, respect for the US, and US power on the world stage, declines more. It's already going to take decades to repair the damage done, and total repair may not be possible.
Terr_•1h ago
1. Buy shorts
2. Flatter Trump's ego into declaring something crazy
3. Market drops
3. Make money on shorts
4. Buy stocks
5. Walk back the crazy
6. Market rebounds
7. Sell stocks
8. Repeat
JohnFen•20m ago
The tragedy is that every time that cycle repeats, respect for the US, and US power on the world stage, declines more. It's already going to take decades to repair the damage done, and total repair may not be possible.