Monday, 21 April 2025

Trump is mad

Sorry but I am going to ignore a person's death.

Trump has made threats of sacking the Chairman of the Fed. As you might expect Kruggers is on it.

My small contribution is simply look at what turkey tried ( Kruggers talks about it).

Trump says prices are falling not rising. This is dumb. He is either quite mad or deliberately lying about the current situation.

either way markets are very scared. My best guess is if Trump sacked Powell. He clearly does not have the law on his side but as we see they does not stop him and by the time the Courts decide it is too late.

The sharemarket would fall, bond yields would rise and the $US would also fall.

Combine that with ihs insane tariff policy and there is a very good reason to be scared

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