TL;DR
Trump’s Powell flip-flop isn’t a sign of stability—it’s a symptom of a system rigged against the average investor. The rich get richer, and the rest of us get a lesson in market manipulation.
Story
Trump’s flip-flop on firing Powell? It’s a market manipulation masterclass disguised as political theater.
First, the scare tactic: Trump hints at ousting Powell, sending markets into a mini-panic. Investors, terrified of instability, react predictably.
Then, the ‘reassurance’: Trump backpedals, claiming he ’never’ considered firing Powell. Markets breathe a sigh of relief, temporarily forgetting the orchestrated chaos.
It’s a classic pump-and-dump, but on a presidential scale. The victims? Anyone caught in the market’s rollercoaster. The lesson? Politicians will weaponize uncertainty for personal gain. Buckle up, because this won’t be the last time.
‣ Pump-and-dump: Artificially inflating an asset’s price (pump) before selling it at a profit (dump) once others buy in. Like a Ponzi scheme, but legal… for now.
‣ Market manipulation: Creating artificial, misleading, or distorted market signals to profit at others’ expense. Remember 2008? Or Enron? History doesn’t repeat, but it rhymes.
Trump’s ’no intention’ statement? As trustworthy as a used car salesman promising a ‘mint condition’ clunker. Don’t be fooled. This is just another act in the ongoing circus of political self-interest.
Advice
Don’t trust politicians’ words. Follow their actions (and their wallets). History is full of ‘guaranteed’ returns that vanished overnight.
Source
https://www.reddit.com/r/stocks/comments/1k5iy1g/trump_says_he_has_no_intention_of_firing_fed/