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For a person who theoretically has a lot of other things to worry about, Donald Trump is abnormally obsessed with the daily fluctuations in the stock market. At one point, he was taking credit for equities having a good trading session every 35 hours, boasting whenever the Dow closed up a few points, and insisting, like the narcissistic psychopath he is, that if Hillary Clinton had won the election, “stocks would be down 50%,” a stat he obtained from research firm I Literally Just Make Shit Up LLC. Unfortunately for Trump, he’s also obsessed with waging self-defeating trade wars that Wall Street doesn’t like at all. The president first noticed this back in December, when he claimed to have struck an “incredible” deal with Beijing on the sidelines of the G20 summit—a transparent attempt to make investors happy that might have worked had his claim not been a giant lie that no one believed. So now, he’s trying a new tactic: actually cut a real deal, any deal, in the hopes that investors reward him with a bigly rally he can tweet about from now through 2020.
More at https://www.vanityfair.com/news/2019/03/trump-china-trade-deal-stock-market
More at https://www.vanityfair.com/news/2019/03/trump-china-trade-deal-stock-market