America's markets go full casino as Washington intervenes
US markets are turning into a rigged, unpredictable casino, and ordinary investors are the ones getting hurt.
- Washington and Japan spent over $50 billion to rescue the collapsing yen, not to help Japan but to protect the US bond market from a crash.
- Government bond rates jumped fast, and if Japan had dumped its trillion-plus in US Treasuries to defend the yen, rates would have spiked and cratered the economy.
- Trump Media launched a $100,000-a-month service giving hedge funds and trading firms early access to Trump's market-moving Truth Social posts, widening the gap between big players and regular people.
- Korean investors were wiped out in the worst Asian stock crash in modern history, with the market falling 40% then bouncing 18% in a single day โ proof nobody can predict this market.
- US oil exports are booming, but maxed-out refineries mean gas is back near $4 a gallon and consumers see little benefit while big players profit.
Outlook: Expect wilder swings as Trump posts more market-moving content and the gap between insiders and ordinary traders keeps growing.