”Today he increased the tariffs on China and the market is up”

The dead cat bounced because he announced a 90 day pause on 75 unnamed countries. (16 hours later, futures are back in the red. Predictably.)

This isn’t reacting hour by hour… this has been going on for literally a week. The market has hemorrhaged since Trump took office. This is not disputable. This is pretty clearly not a temporary dip. 

As far as my anti-Trump bias… am I allowed to criticize him at all without you assuming it is because of “derangement?” If I point out that this thing he did this past week is, in my opinion, hugely damaging, without it being handwaved away? If I say “hey, I think going to war with Iran is a bad idea,”  is that a valid position for me to take, or am I simply blinded by my bias? I mean, the stock market dropped harder and faster than it has in forty years, bounced for a few hours (just like in 1987 AND the dot-com bust) and I point out that this might be, you know, a bad thing… but that’s just my bias talking, I guess.  I suppose Rand Paul and Ted Cruz are biased, too. Ben Shapiro is simply biased against Trump when he points out that this was an underthought, damaging, sudden policy shift. Those guys must just be suffering from a mild bout of the ol’ TDS, I suppose. Jaime Dimon and Ray Dalio, who do not care who is President, have both bern pretty blunt in their assessment that we are racing headlong into global recession, must not be looking at the numbers and utilizing their decades of expertise … no, they are likely motivated completely by their anti-Trump bias. 

A significant piece of my portfolio is Apple. I am down over twelve thousand dollars in like 7 days of trading. My investments got crushed this week. The bounce we had yesterday, while welcome, foes not even come close to making up for the losses of the days before it. Is my concern about that valid, or is it just another symptom of my ongoing TDS? 

Trump blinked because he didn’t anticipate the bond market selloff. He had only the vaguest of plans, was not prepared for what followed, and he caved. His popularity dipped hard, billionaires who had supported him were suddenly angry at him, the markets all tanked harder than they had in decades, so the guy backed off and then did what he always forsake… presented an obvious screw up as some rare species of victor. Is that my derangement talking, or is that pretty much obvious?

Oh, never mind, I’m sorry, he caved because 75 unnamed countries begged him to negotiate. Silly me. This was the plan all along, of course 

You voted for an imbecile, Joe.

EDIT: Benny Johnson, a very popular right wing/MAGA commentator said the following: ““Losing money costs you nothing,” he said on his podcast. “In fact, it builds quite a bit of character.”

Tell me more about bias and derangement…