With the delusional and deceitful Malignant Fascist's war of choice on Iran going south and with the vital Strait of Hormuz effectively closed to most shipping, the MF has seen voter discontent rise over gas prices and the prospect of ground troops. His strategy has been to issue statements on his ironically-named social media site "Truth Social" that are intended to present a rosy picture of non-existent "peace talks" and victories. It seems to have lost it's magic, according to this Associated Press report:
"As the Iran war intensifies, President Donald Trump has prioritized efforts to calm the financial markets — trying to keep oil prices from exploding upward, stocks from cratering and interest rates from surging.
When the markets have flashed danger, Trump has been quick with a social media post or a remark to claim the war he launched last month could soon end. He’s publicly declared that the markets are doing better than he expected, even with the S&P 500 stock index declining over the past five weeks and the global oil benchmark up roughly 60%. [snip]
The White House sees the stock, energy and bond markets as a way to indirectly reach voters. Trump has staked his economic agenda on cheap prices at the pump, robust gains in 401(k) accounts and cheaper mortgage rates.
But that messaging appears to be wearing thin as the president’s various pronouncements have done little to change the reality that a large chunk of the world’s energy supplies is stranded by the conflict. Just 38% of U.S. adults approve of how he’s handling the economy and only 35% support him on Iran, according to a March survey by The Associated Press-NORC Center for Public Affairs Research. [snip]
Trump’s strategy of giving mixed messages has started to work against him, said Jeffrey Sonnenfeld, a professor at the Yale University School of Management and co-author of the new book “Trump’s Ten Commandments: Strategic Lessons from the Trump Leadership Toolbox.”
'The uncertainty is now soaring,' Sonnenfeld said. 'As the messaging to calm markets with false reassurances is having diminishing credibility in financial markets, so, too, has Trump diminished public confidence.'” (our emphasis)
The MF is profoundly ignorant, but can see stock prices down and gas prices up, along with tanking poll numbers. Iran's decimated leadership is certainly on to his market manipulation, with their parliament speaker Ghalibaf calling out the MF's tactic by saying
"Heads-up: Pre-market so-called “news” or “Truth” is often just a setup for profit-taking. Basically, it’s a reverse indicator. Do the opposite: If they pump it, short it. If they dump it, go long. See something tomorrow? You know the drill."
The MAGA cult hasn't caught on yet, and the greedy hustlers on Wall Street are happy to use the MF's false optimism to pump stocks up, only to see the MF's statements prove false shortly after. The rest of us "know the drill," and are watching for the MF's latest lie.
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