“The president single-handedly wiped out Americans’ retirement savings overnight and subjected businesses to intense whiplash with his increasingly erratic and chaotic policies that continue to drive consumer and business uncertainty.”

  • Aux@feddit.uk
    link
    fedilink
    English
    arrow-up
    20
    arrow-down
    1
    ·
    1 day ago

    You can’t say anything is 100% with a chaotic and erratic president. There’s always a chance that Trump will undo everything next week and things will stabilise for a short while. That chance might be very low, but it effectively invalidates 100% prediction.

    • paranoia@feddit.dk
      link
      fedilink
      arrow-up
      13
      ·
      1 day ago

      I’m afraid you’re wrong here actually. Being arbitrary and mercurial means no one will risk investing in the US, as policies may be created or undone at any moment. The only way this goes away is simply that he goes away. The risk is what is creating the certainty here.

    • Cornelius_Wangenheim@lemmy.world
      link
      fedilink
      arrow-up
      8
      ·
      edit-2
      1 day ago

      There’s also an even more remote chance Republicans in Congress grow a spine and take away Trump’s ability to set tariffs or the Supreme Court rules the “emergency” invalid.

    • AtHeartEngineer@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      ·
      1 day ago

      Ok, 95%. Trump undoing things doesn’t actually help “confidence in the market” though, it might even cause or chaos shorter term.