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But we saved everything 🙂.
Donald Trump was compelled to recognize the significant influence of the bond market, according to Robin Wigglesworth. One year ago to the day, Trump’s so-called “Liberation Day” tariffs initiated a major disruption in the bond market that soon caused him to reverse course.
Wigglesworth points to this episode as an example of how market forces can quickly override political decisions.
Wigglesworth has previously tracked sudden price swings following geopolitical developments. He reported that Fartcoin spiked after U.S. and Israel launched airstrikes on Iran. In another recent piece, he analyzed how overpriced IPOs have posed risks to retail investors.