trump watches the stock market religiously.
he fired off a bunch of tweets today an in attempt to prop the market.
market sold off on each tweet.
one tweet in particular referred to yield curve inversion and evidences that trump was ZERO concept as to what a yield curve is let alone what an inversion means or its implications for the economy.
guy is a straight up idiot.
Inverted Yield Curve occurs when...
Interest rates on short term bonds are higher than interest rates paid by long term bonds. What this means is that people are so worried about the near term future that they are piling into safer long-term investments. Stock market of course took a big dump. Tariffs not helping, and lowering interest rates a band-aid solution for a growing economic wound. Very concerning for recessionary fears in the future.