President Trump and Treasury Secretary Bessant have stated explicitly that they want to lower the US dollar, lower long-term Treasury yields, and are willing to sacrifice the stock market to achieve these goals, but professional investors widely ignored these repeated warnings and assumed a 'Trump put' existed under equities.

factualpending

Speaker

Eric Townsend

Evidence Quote

President Trump and Secretary Bessant told us in plain English multiple times that they have major plans involving aggressive tariff policy. They want a lower dollar and lower bond yields at the long end of the curve and they're willing to sacrifice the stock market in order to achieve those goals.

Source

MacroVoices #475 Simon White: The Dawn of A New Financial OrderMacro Voices
Created: 8/11/2026, 7:06:30 AM

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