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Presidential tweetstorm recap: Trump mulls abandoning Strait of Hormuz and more

Trump has been unleashing something of a tweetstorm today. He started with this:

About an hour later, he reposted this with the correct spelling of “strait”.

This has been an idea that’s been floated for awhile and it’s completely plausible that the US does it. However there could be long-ranging consequences, particularly if Iran can continue to destabilize the region via attacks.

Also regarding Iran, he wrote:

Remember, for all of those absolute “fools” out there, Iran is
considered, by everyone, to be the NUMBER ONE STATE SPONSOR OF TERROR.
We are rapidly putting them out of business!

Trump also posted:

For all of the Fake News out there, it’s called THE SAVE AMERICA ACT, not the SAVE ACT. Nobody knows what the Save Act means!!!

He also touched on today’s Fed decision:

When is “Too Late” Powell lowering INTEREST RATES? President DJT

The Federal Reserve interest rate decision is at 2 pm ET today and there is zero chance of a rate cut priced into the market. The chances of future rate cuts are also dwindling due to the spike in energy prices and other commodities due to the war in Iran.

In other domestic news, the DHS shutdown continues:

The Democrat’s purposeful DHS SHUTDOWN is causing chaos at the airports.
These Lunatics are being totally unreasonable in their Radical Left
asks. They are FULLY TO BLAME, and must pay a big price, for the good of
our Country, in the Midterm Elections. MAKE AMERICA GREAT AGAIN!

The mood in markets is worsening after a US-Israel attack on one of Iran’s gas processing plants.

This article was written by Adam Button at investinglive.com.

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