Trump Ignoring Markets at His Own Peril: Lessons from Liz Truss
Monday, Mar 17, 2025 5:15 am ET
Ladies and gentlemen, let me tell you something: TRUMP IS IGNORING MARKETS AT HIS OWN PERIL. Just ask former British PM Liz Truss. Her 49-day tenure as the UK's leader was a disaster, and it all started with her infamous "mini budget." This was a plan for £45 billion of unfunded tax cuts that sent the UK economy into a tailspin. The markets panicked, the pound plummeted, and pension funds were on the brink of collapse. It was a financial nightmare, and it all could have been avoided if she had listened to the markets.

Now, let's talk about Trump. He's got a lot of big ideas, but if he ignores the markets, he's playing with fire. The markets are like a wild animal—you can't tame them, but you can respect them. And if you don't, they'll bite back. Just look at what happened to Truss. She thought she could pull off a radical economic plan without any checks and balances, and it blew up in her face.
The Office for Budget Responsibility (OBR) and the Bank of England were the ones who put the brakes on Truss's wild ride. These independent institutions are there for a reason—to keep the economy stable and the markets calm. Without them, Truss would have had to convince investors all over the world of the UK's economic stability, and that's a tall order. She couldn't do it, and neither can Trump if he tries to pull a similar stunt.
So, what can Trump learn from Truss's mistakes? First, he needs to listen to the markets. The markets are the ultimate judge and jury, and if they don't like what they see, they'll punish you. Second, he needs to respect independent institutions. They're there to keep the economy stable, and if he ignores them, he's playing with fire. Third, he needs to be transparent and credible. The markets hate uncertainty, and if he can't provide a clear plan, they'll turn against him.
In conclusion, Trump needs to learn from Truss's mistakes. He needs to listen to the markets, respect independent institutions, and be transparent and credible. If he doesn't, he's playing with fire, and the markets will burn him. So, Trump, take heed: YOU NEED TO LISTEN TO THE MARKETS, OR YOU'LL END UP LIKE TRUSS.