1. Can The Trump Administration be Trusted?
2. Even if you Trust Trump's judgment, can his inner circle be trusted?
I was planning to blog on today's market bounce, which may be setting up for a sustainable rally in Japan, at least, but then I ended up taking a deep dive down the Trump rabbit hole of the day
Firstly
As a long time Trump supporter; before most folks knew he was going to be a serious contender for the presidency in 2017... back when he started trolling Obama over his birth records.
I was right there with him, egging him on.Hopefully Trump is going to produce Obama's real birth records from Kenya #Birther #BombShell #CNN #FoxNews #MSNBC pic.twitter.com/ovrRgGHSU2
— Veteran Market Timer (@3Xtraders) September 16, 2016
In 2016 I went to Cleveland to help Roger Stone and Friends "Stop The Steal" rally in Cleveland, even as the internet trolls warned me that we would be greeted by violent leftist thugs.
It was billed as the "America First Rally", but make no mistake about it, we were there to stop the steal, and it wasn't left we feared, but the GOP, and Ted Cruz, who were set to steal the nomination, just as Hillary did when she threw Bernie Sanders under the bus....
Isn't democracy a wonderful thing to behold?!
I was there for the rally, and the GOP convention, and the rest is history!
So here we are in 2025, and a lot has happened since Trump 1.0, and I'll be the first to admit Trump made a lot of mistakes during his first term, and wasted a lot of time fighting battles that ultimately turned out to be orchestrated by both parties.
Can Trump and his administration be trusted
If there's one thing I've learned after a decade and a half of trading and keeping a close eye on politics my entire life, it's that nothing is your friend in this market, and no one is to be Trusted.
One needs to look no further than the crypto market as proof of what can happen to investors, who blindly trusted Trump....
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| 1.3t Crypto meltdown Hits Bitcoin, Ethereum. XRP, Solana, and Dogecoin forbes.com |
You could say, "that wasn't Trump's fault", but it happened on his watch, and he egged on investors. just as his lame ass stargate investment strategy was hyped....
If you want to bet on Trump slogans with a blind eye, that's entirely up to you, but I will do my own due diligence.
Trade Wars & Tariff Tantrums
First
Trump Shares Claim He’s Crashing Stock Market ‘On Purpose’ As He Lobbies For Emergency Rate Cuts
The U.S. stock market is in a freefall after President Donald Trump announced his all encompassing tariffs earlier this week, and Trump is trying to crash the stock market on purpose—at least according to a video he reposted to social media Friday riddled with inaccuracies. Forbes
Then
Trump denies engineering market sell-off, says you have to "take medicine"
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| Trump denies engineering a market sell-off - many sources |
Then Trump trolls the panic sellers labeling them "Panicans"
The United States has a chance to do something that should have been done DECADES AGO. Don’t be Weak! Don’t be Stupid! Don’t be a PANICAN (A new party based on Weak and Stupid people!). Be Strong, Courageous, and Patient, and GREATNESS will be the result!
— Donald J. Trump (@realDonaldTrump) April 7, 2025
knowyourmeme.com
It's bad enough being trolled by the radical left; I don't appreciate being trolled by a president I've helped support over the past decade!
This from Ted Cruz
If President Trump uses this moment as leverage, that would be a massive victory for the American people.
— Ted Cruz (@tedcruz) April 7, 2025
But there are voices in the White House that want high tariffs forever. There are angels and demons sitting on President Trump’s shoulders. Who does he listen to? I hope he… pic.twitter.com/7IRWUaDUPN
I don't trust Ted Cruz either btw
Ted Cruz is owned by the corporate interests, who have a death grip on the entire world.
Fear of Trump
‘Everyone is terrified’: Business and government officials are afraid to cross Trump on tariffs - politico
So fear and uncertainty rule the day, and the $VIX still trading above 40 confirms that fear.
Only trust the charts, which at this point are broken!
Check my twitter feed for my take on the market, and where I think it's headed in the short term.
Final note:
Socialist Bernie Sanders is set to do a CNN town hall PsyOp tomorrow night.
CNN to host town hall with Bernie Sanders on April 9
You may want to DVR that, so you know what the counter revolution is going to look like.
I suspect we're going to see a walkout, and a government shutdown, before this is all over!
Take care, AA
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