Perhaps the only Trump nominee thus far who is both qualified and reasonable.
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The market is reacting negatively to Trump’s tariffs and all the subsequent fallout including the economic slowdown.
The market reacts positively to the Fed Chair stating that he would not resign if Trump asked him to do so.
What do the preceding two statements indicate to us? Ahem. The markets know that Trump is a chaotic jackass and an ignoramus who understands nothing and can only make matters worse through his chaos.