Trump Says The United States Can’t Afford Day Care
Stocks fell before Trump finished speaking in his April Fool’s address to the nation.
Oil jumped to $109 a barrel. Asian markets dropped. Futures tied to the S&P 500 slid. Borrowing costs rose as the bond market, already strained by weeks of war spending, took another hit. This was not a reaction to the battlefield. It was a reaction to the president of the United States standing before the country with no way out of the war.
Trump declared victory and threatened more bombing in the same breath. He said Iran’s military was finished, then promised strikes on power plants and oil facilities in the coming weeks.