Trump has no intention to deliberately crash the market.
He took the risk ( as he should have ) that any hit to Wall Street was worth the benefit of incentivising domestic manufacturing via tarifs on imports.
People look at it as a crash. I look at it as a haphazard reevaluation of the multiplier that security should have given macroeconomic conditions which the president just shifted. That is to say, they were going to go down. The stock market always goes down and then goes back up again, and it has been up.
The president just gave people a reason to shift into fear mode whereas they were already looking for a reason.
Trump has no intention to deliberately crash the market.
He took the risk ( as he should have ) that any hit to Wall Street was worth the benefit of incentivising domestic manufacturing via tarifs on imports.
People look at it as a crash. I look at it as a haphazard reevaluation of the multiplier that security should have given macroeconomic conditions which the president just shifted. That is to say, they were going to go down. The stock market always goes down and then goes back up again, and it has been up. The president just gave people a reason to shift into fear mode whereas they were already looking for a reason.