https://babylonbee.com/news/analysts-clarify-that-trump-is-only-responsible-for-the-stock-market-when-it-goes-down

Those PIMCO guys know their stuff. “More gradual in implementation” indeed.

“The Great Tariff Pause”—
https://blazingcatfur.ca/2025/04/09/the-great-tariff-pause/

Hmm. Could it be that Trump just “nail[ed] jello to [the] wall”?

Or maybe he listened to Ackman (and others) and gave the imperial thumb up? (What??! The man actually listens to people??)

Or maybe he just wanted to shake things up a bit (more)?

Master Maniacal Manipulator? Or Merely a Meshuggener Menace?

Ought one nod one’s head (from side to side) in sheer disbelief…or in adulatory amazement?

Or is it just a case of “But that orange-haired man, he be crazy” maneuvering to get more governments to the bargaining table as he aims to cut a veritable and vicious Gordian knot…with all the usual suspects breathing heavily—and malevolently—down his back…

Stay tuned …. And help yerself to some aspic.…

Not to worry, Trump had no chance of being elected in the first place according to you.

1. “All-time high” and “overvalued” often coincide, but are not necessarily the same thing.

2. Even if one assumes that the market was overvalued, you’re justifying the result rather than the action. “Overvalue” in the market does not give the president license to implement whatever destructive policy he wants.

Arguing with MAGA is very much like arguing with Woke. It’s like trying to nail jello to a wall. There are threads and threads of twisted, contradictory logic that, ultimately, have no anchor in reality.

Trump just intentionally crashed the stock market. He’s promising a bunch of good results from doing so. Those good results are very unlikely to come about. The best case scenario is a very unevenly distributed set of wins and losses, and even then the chances of the wins bearing fruit before the next election are slim and none.

But hey, no worries. The stock market was overvalued anyway.

Meanwhile, back in reality, wiping out 15% of people’s retirement (and counting) and sparking a recession by clumsily launching a policy that your administration can’t consistently explain and that no one expected you to actually implement is a good way to get the electorate to promptly remove you and your party from power at the first available opportunity.

I keep thinking of a remark made by @theannagat at X: “All the risks you didn’t take come and take their revenge.”

There is plenty to criticize about the way Trump is going about this, but there was plenty of hidden risk in letting things ride.