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Trump is an economic moron. Witness the volatility that he brought to the market in his first term, and is now back with a vengeance. Maybe traders like that. Trump launched a mortgage brokerage a year before the housing collapse that he had to shut down. And he's a real estate guy. He loves tariffs because he thinks he can do them on his own. It's a power trip. Economics never enters into the equation with him.

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A pretty astute summation, Ed.

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"Lady and the Trump" — marvelous!

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