Blips and Gyrations: The Market Thinking of Trump’s Incompetent Advisors
The article says Wright’s post falsely claimed a Navy tanker escort had occurred, briefly moving markets before he deleted it.
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The article says Wright’s post falsely claimed a Navy tanker escort had occurred, briefly moving markets before he deleted it.
The author argues that the Trump administration and news coverage are treating the Iran war’s effects as temporary oil-price fluctuations, while overlooking wider economic and geopolitical risks. The article contrasts Politico and New York Times reporting and contends that the crisis could have lasting consequences for markets and perceptions of U.S. power.
President whose administration and decisions are the article’s main subject
Trump's version of this story ↗
Senator quoted criticizing the administration’s lack of a plan for the Strait of Hormuz
Treasury secretary described as tasked with planning for a potential oil-price spike
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