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.

  • gravitas_deficiency@sh.itjust.works
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    10 days ago

    I am genuinely fucking baffled at how many people INSIST on treating orangeboi as a rational actor.

    He’s not. He never was. He wasn’t the first time around, either - it’s just that there were enough non-insane people around to stop him from doing what he’s doing now. And he’s doing it now because he got rid of all the non-insane people.

    • jonne@infosec.pub
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      10 days ago

      Yeah, I figured most of these people knew what they were doing when they supported Trump, but somehow after a decade of his bullshit (and really, all the decades before that too), they’re still surprised he’s a fraud?

      Or are they just angry that they weren’t in the pump and dump group chat that Trump is obviously running?

      • halcyoncmdr@lemmy.world
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        10 days ago

        You don’t have to be smart when you’re born with a silver spoon like most of these fucks are.

        Notice that the actual first generation wealthy aren’t the vocally supportive ones. It’s the generationally wealthy, the ones that didn’t actually make the break into wealth, the ones lucky enough to be born into it.

        There’s a few exceptions, but they’re the ones advocating most vocally for the heinous shit, not just the money making shit.

        • Ledericas@lemm.ee
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          10 days ago

          thiel is , and craven is more like mcconnel, behind the scences evil.

    • ameancow@lemmy.world
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      10 days ago

      Everyone with half a brain knows he’s dumber than rocks, they put him there to be the puppet-king who lifts restrictions and rules so business can literally rape us all to death. That goal is not going as smoothly as they imagined so now they’re pointing out the lack of clothes on the emperor.

    • sp3ctr4l@lemmy.dbzer0.com
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      10 days ago

      Exactly.

      He’s not insane until rich dude’s yacht money and 401ks start tanking.

      Before that diagnosable criteria, he doesn’t meet the DSM V threshold for magalomanical genocidal fascist.

      ‘Results inconclusive’

      EDIT ‘magalomaniacal’ was a typo, but it fits, so it stays. Hopefully it’ll be in thr DSM 6.

  • Hobbes_Dent@lemmy.world
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    10 days ago

    Question 47 (pick one):

    Who’s going to survive the Reality Show at the End of the Universe?

    A. Financial elite.

    B. Xtra-Big Tech.

    C. A core national culture of preparation against rogue governments.

    D. A paycheque to paycheque 99% having their days, weeks, months, and futures ruined.

    E. A, B, and C.

    F. The world economy.

    G. Literally just Elon and his sperm.

    H. Nobody.

    I. Blame Canada.

  • floofloof@lemmy.ca
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    10 days ago

    Other financial experts, including JP Morgan Chase CEO Jamie Diamond, have similarly assessed that Trump’s plan has pushed the U.S. to the brink of a recession.

    They got his surname wrong. It’s Dimon.

  • jordanlund@lemmy.worldM
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    10 days ago

    It’s not so much that he’s insane as it is that he know so very, very little that he’s incapable of telling good advice from bad advice. He sees all advice as being of equal value, so he basis his decisions on how much the other person likes him.

    Example: All the tariff bullshit seems to have come from a single source, Peter Navarro. Whose main source for tariff effectiveness is a guy named “Ron Vara”, an anagram of “Navarro”.

    https://www.esquire.com/news-politics/politics/a64411833/maddow-origins-trump-international-tariff-idea/

    If Trump knew the first thing about, well, anything, he’d reject Navarro out of hand. He doesn’t.

    • Australis13@fedia.io
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      10 days ago

      Unfortunately Trump isn’t alone in that regard - quite a lot of people reach adulthood lacking critical thinking and the ability to actually discern what is or isn’t a reliable and useful source of information. Add to that the propaganda machine of media empires like Murdochs and its no wonder people buy Trump’s inane ramblings.

  • theotherbelow@lemmynsfw.com
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    10 days ago

    Yeah, volatility is financial fireworks. Some big trader somewhere is gonna try to win at volatility guessing and its gonna implode. I can’t wait.

    Traders can make money in just about any market Volatility amplifies risk/reward.

  • Australis13@fedia.io
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    10 days ago

    They’re only worried about this now?! These are supposed to be observant people who manage large sums of money… How can they be that oblivious to Trump’s modus operandi?! Even in his first term there was obvious evidence that he never matured beyond childhood and had a tenuous grip on reality.

    • whirlpoolbrewer@lemm.ee
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      10 days ago

      These are people who come from wealthy families and spent their whole lives paying tutors to help them cram just enough to get their degree. They had family friends working at big companies who hired them based on who they know not qualifications. They go to expensive bars and clubs together and all that matters is who you know and how wealthy and well known your family is.

      That is who the trump family is, and it describes a large portion of these financial institutions. I’m citing Gary Stevenson as my source for this.

  • Zier@fedia.io
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    10 days ago

    He was born insane. That’s why he is a psychopathic con man criminal fascist.