The Trump does not imagine what he opened

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Your guide to Washington and the world for the 2024 election of the United States

We must trust Donald Trump’s instincts, Mike Johnson, chairman of the House of Representatives. Alternatively, Johnson and his Cabucus should try to shout in the opposite direction. It is too late to return to the transformation of Republicans to a normal party – Trump-A belief is the principle of their organization. But they could play with dignity with Coaxing. In addition to their work, the future of the global economy and the Pension Fund for each American depends on this.

Their task is to think that Trump is still thinking that he still wins. Try to stop in their shoes. Like a felon in 2011 Obama’s foreign child assassination, a large number of points in 2024 and among the felon and the number of points were left for the dead for almost every year. But his phoenix is ​​rising. Trump is a fantasy that is the deepest placed fantasy – it is a sustainable winner – it continues to come true. Why did a little market confusion stop?

The starting point, Trump is a hammer and the rest of the world, as well as half of America, a nail. Sometimes the hammer focuses on selected nails or softens his blow, but he is always a hammer. New York Hedge Foundation Manager Bill ACMAN, the closest supporters of the nearest Trump, the global tariff war is surprising, a mystery. Trump has now promised in almost every campaign to emerge the trade war.

Since the mid-1980s, he has blamed foreigners to destroy America. It should be noted that his obsession was not the Soviet Union, but in Japan. Trump was always in a grip with allies and friends. His deep contempt is now being protected for Europe and Canada. Psychologists Property settlement tried to apply extrapolation from Trump to their sisters. If your instinct, people are closest to you, including people, including people, think that everyone is a method.

Mystery, so much – from Ackman’s colleagues to Florida-centered Venezuelans – bowed to miss who was. Trump Dergement Syndrome has been wasted by a trillion comments that accuse the wrong people. Real TDS harms those who see a rational actor or economic chess game where none exists. The whole market suffers from this syndrome. After a short time in Monday morning, false news, Trump will announce a break in this week’s reclusions. More than wipe the markets opening loss. All of these winners are, in turn, deleted when the white house rejects.

An online meme can turn a bear market into a bull in a minute and returns to Trump if it returns again. The rumor rumor that can be smart can cause shopping. The Roman emperors will envy a person’s finger-tuting slip. Still at a time, perhaps inevitable, Trump can be forced to stop at least “Freedom Day” tasks. This will trigger a large relief rally. But his break will not be more than street Driftwood. The same may also belong to the threats of 50 percent tariff escalation in China.

Markets will welcome any instructions of bilateral deals Trump plans to hit more prestigious Applicants – Japan, China and India should be closely monitored. Investors should notice that such deals will be hit between foreign governments and the Trump, not from the leadership, but also between foreign governments. Treasury, trade and US trade representatives are often left out of the loop. Taking into account the lack of border between the social role of the Trump’s social role and private investments, is excellent for non-trading barrering.

The idea that Trump’s influence will be limited to the property economy is also desirable thinking. Foreigners have a critical part of the US Treasury debt. An asset that the world lost trust is the difference between a higher student on a higher student, Trump recession and Trump depression. It seems that European governments have better instincts than capital and stable income markets. If you are increasing the trade war, the EU only is Mulling a modest tool set of defects. This is not because Brussels thinks that Trump is coming, because it thinks he came. This will disrupt the global financial system because the Tat-Tat Holiday is afraid of trade spirals.

In both cases, this is delayed in need of time. Trump’s elders lost their reliability. Foreign policy does not have a realizment or trade Ticantilism, it can explain Trump’s actions. If you want to predict the world, learn his psychology. Although Trump is responsible, stay short to America.

edward.uce@ft.com