“All he has shown is that he’ll cave to Wall Street’s hand-wringing and prioritize his own power over real people’s plight,” said one expert at Public Citizen.

  • vortic@lemmy.world
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    3 days ago

    I don’t think that’s it. I think that this article is missing the point. Trump is manipulating the market in the most blatant of ways. He is intentionally crashing the market, telling people who listen to him when to sell and when to buy, then recinding the order that crashed the market.

    He literally posted on truth social today to say that it is a great time to buy. Then, four hours later he rescinded the teriffs.

    He is not caving to Wall Street. He is aiding insider trading at the largest scale ever seen.

    • BigMikeInAustin@lemmy.world
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      3 days ago

      He’s trying to get a little confidence back in his base before he releases his next crypto coin scam. He needs his followers to forget the money they lost on his last one.