Some fund managers concerned ‘that the White House is not acting rationally, but rather on ideology. And some even fear that this may not even be ideology’
As Donald Trump’s back-and-forth on trade policies creates chaos in the financial markets, some fund managers are questioning the rationality of his decisions.
“In the last few days, we have had many conversations with macro fund managers,” Tom Lee, the head of research at the financial analysis firm FSInsights, wrote on Wednesday morning, before Trump backed down from most of his tariffs on U.S. trading partners.
“And their concern is that the White House is not acting rationally, but rather on ideology. And some even fear that this may not even be ideology,” he added. “A few have quietly wondered if the President might be insane.”
Uh, all of this was planned by the oligarchs who support Trump. It was literally advertised a year before he was elected, it is called a wealth transfer and has nothing to do with politics, sanity or ideology.
It’s theft by means of terror, and events like this will keep happening: taking the markets to the brink and even beyond sometimes, over and over again for the next few years.
After people get jaded enough to not be so shocked, the ante will be upped: expect everything to be used, eventually, to swing the markets, including threats of nuclear war and brinkmanship with China and others.
This wild ride is only starting