We’re a few minutes away from the financial markets opening this morning, so I want to quickly document my thoughts about this weekend’s shitshow about the coronavirus fake-stimulus talks implosion and Trump’s so-called executive orders (here, here, here, and here) to break the logjam. Consider my remarks additions to this and this.
Trump Economic Advisor Larry Kudlow proved the amount of shitshow this has become when he pickled his brain before appearing on CNN:
Trump’s remarks didn’t do much to help matters either.
None of this strikes me as certainty — and the financial markets typically hate uncertainty.
And since Trump listens to the financial markets more than anything else, I expect another mindshift to happen today or tomorrow morning.
We also haven’t forgotten that none of Trump’s actions indicate a willingness to directly confront the coronavirus threat in the US …
song currently stuck in my head: “who got the props?” – black moon
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