Gee -- Who Might Have Guessed?!? Pre-Market: Dow Down 600 Points; Trump Meme Coin Down Over 75% -- "Smellania" Down Over 85%. Great Work, You "Very Stable" Geniuses.

Yes. This is how the real world sees. . . Tangerine 2.0's lunacy -- of reinvigorating 19^th Century tariff battles (as opposed to the view from inside his MAGA reality distortion bubble).

He thinks the tariffs are his best "billy club". But, in point of fact, they primarily, and mostly. . . bludgeon his low income, under-educated, mostly unemployed rural whyte MAGA base. Along the way, too, they will likely crater already struggling US sectors. . . like steel, and smaller farm agriculture. G E N I U S.

He's a super-stable genius I tell you. [Or. . . maybe he said that. Heh.]

So the Dow falls 600 points. Hilariously, he continues to shill his sh!tcoins on Truth Social. But the coin is off 75% since launch, immediately before the inaugural. And "$mellainia" (pronounced SMELL-ania) is off even more, now down 85% from the opening frenzy. Almost everyone (except for the Trump family, of course -- since they got the coins free of any charge) who bought in, has now lost the vast bulk of their "invested" funds.

Just like the '34 Act NASDAQ listed and traded DJT stock itself (that's the holdco for Truth Social -- where Devin Nunes and Trump essentially are the only ones among a small handful of people still making money on their "investments", since both got the entirety of their shares for free) -- it is a staggering conflict of interest, compared to his elected "take care" duties -- that the guy is actively touting / trying to prop-up the value of these sh!tcoins and stocks (for his own personal fortune). . . each of which are getting hammered by. . . yep, his own official government "Executive Branch economic policies" -- called tariffs. Here's the latest:

. . .Donald Trump’s TRUMP token spiraling further down in the past 24 hours, bringing losses from the peak to a staggering 75%. . . .

Meanwhile, the $MELANIA meme coin from First Lady Melania Trump is trading around $1.45. The $MELANIA coin launched on Sunday, Jan. 19 and briefly spiked to $13.63. But the digital asset quickly fell below $4 and has continued to slide. . . .

Might anyone (not ignorant of US History) ever imagine Ronnie Reagan or Dwight Eisenhower. . . loudly shilling for their own personal business assets, while in the White House? And doing so, against the interests of the American people they were elected by?! Damnation.

Onward, smiling into the audio dialup for the preliminary injunction hearing in DC -- against his flip-flopping "freeze" memos. I'll likely liveblog it if it seems it will end up in any unexpected fashion. But it will remain enjoined, to a near certainty. Out -- buckle up, for more market chaos -- courtesy the dotard.

नमस्ते