'Trump Cowers from his Own War and Flames out Bigly!'
"Suddenly, the brazen man who told the world that everyone was begging for a deal runs from his own war with no deals in hand ... AND takes the financial world down on his roller coaster from hell....
"Why the stock market’s enormous surge yesterday? It turns out it was because Trump caved. The global fight he alone picked was just too much for him. He was destroying the nation and he knew it, and the evidence of how intensely the destruction flared up is all over the news this morning. Trump burst into flames and crumbled into dust, and that is why the stock market experienced an enormous sigh-of-relief rally. I didn’t get the news of his caving in until after the stock market closed, but now here it is:
“I have authorised a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately,” Trump posted on his Truth Social.
And, SHABANG!
About 30 billion shares traded hands, making it the heaviest volume day on Wall Street in history, according to records that go back 18 years.
"How badly did he cave? The big talker crumbled into the dust in flames that he had lit by sucking back most of what he’d done. Some try to say that was always the negotiating plan, including Treasury Secretary Scott Bessent, but plenty of evidence and even admissions by Trump insiders say otherwise. The Admin. just put a good face on it. ...
"What may be permanent [however] is the damage already done...."
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