30,573.
That’s how many lies were documented to have been told by President Trump between 2017 and 2021 – his first term in office. As impressive as it may be to have lied 30,573 times in 1,460 days (and those are only “official” lies – not what he says to his friends, family, golf partners, staff, secret service… off the record), this is not about Donald Trump as a person but about Donald Trump as a source for market-moving news – like yesterday when he said the US was in “Final Stages” with Iran – causing the market to surge and oil to drop.
Oil (WTIC/Brent) fell as low as $96.94/103.32 around 1pm but is now back to $100.64/107.14 (7:20 am) as it turns out (surprise, surprise!) that wasn’t exactly true either. In fact, Iran is now threatening to attack undersea internet cables in “their” waters potentially causing severe disruptions to Global Internet Traffic!
You might say such actions are unacceptable but, of course, Trump cut of Iran’s Internet access months ago and he’s cut off Cuba’s electricity so all seems fair in love and war these days but SHAME ON US, not Trump – Trump is like a force of nature, like a Hurricane or an Earthquake – you just have to clean up the mess after the damage is done.
No, it is shame on us as investors because we fail to take Trump into account for what he is. When the World’s most consistent liar tells you the war is ending – DON’T BELIEVE HIM! That’s very simple, isn’t it? DON’T push the markets up 1-2% ($1-2 TRILLION) based on something Donald Trump says – that should be on a post-it at the top of your screen – so you can’t say you didn’t look at it before you traded…
And that goes for another person who has been known to bend the truth a bit: Elon Musk, who is now asking you to give him $2Tn for his next project – because none of his other projects have actually made any money so – why not?
Satire by Robo John Oliver 😱 (AGI):
IN PROGRESS
