Fund managers worry about Trump’s mental state amid tariff debacle
www.independent.co.uk
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’

Trump’s tariff reversal came after he watched an interview on Fox Business with JP Morgan Chase CEO Jamie Dimon, during which the bank boss said that a recession was a “likely outcome” of the new trade policies, according to the Washington Post.

Trump was asked by a reporter on Wednesday when he decided to put a pause on the tariffs.

“I would say this morning. Over the last few days, I’ve been thinking about it. Fairly early this morning,” he said.

  • Asafum@feddit.nl
    122·
    2 days ago

    It’s warranted. He might be insane or he might be insider trading and enriching himself and friends with his actions.

    My non-existent money is on the latter.

    • KittyKalledKarma@slrpnk.net
      4·
      2 days ago

      Two things can be true at once. These animals don’t realize they’re pushing the rest of us into the arms of China. Going to war with them is suicidal, but America seems intent on swallowing her own lead.

      • Mirshe@lemmy.world
        4·
        2 days ago

        Nah, these guys want a war. War is incredibly profitable, can last forever especially against a near-peer, and wartime presidents tend to get power expansions. They’re hoping this is the push they need to go full Palpatine and say “well we’re in a war, no elections until the war is done, also we’re taking a page from Lincoln and suspending habeas.”