Tuesday, August 12, 2025

In the #News #Economy #Politics - Trump Slams Goldman Sachs CEO David Solomon, Suggests He 'Stick to Being a DJ'

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Trump Slams Goldman Sachs CEO David Solomon, Suggests He 'Stick to Being a DJ'

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Concern is rising as the executive branch transitions from a nursing home to a game show. Both scenarios pose serious risks to policies and the economy.

On Tuesday, former President Donald Trump took aim at Goldman Sachs CEO David Solomon in a post on Truth Social, suggesting Solomon should “focus on being a DJ” instead of running the Wall Street firm.

Trump criticized both Solomon and Goldman Sachs for their past warnings that tariffs would damage the U.S. economy and financial markets. Contrary to those predictions, Trump claimed his tariff policies have strengthened the stock market, increased national wealth, and boosted Treasury revenues — all without sparking inflation. He insisted that the burden of tariffs has largely fallen on foreign governments and businesses, not American consumers.

“David Solomon and Goldman Sachs refuse to acknowledge they were wrong,” Trump wrote. “They made inaccurate forecasts about both market reactions and tariffs, and they’ve been proven mistaken — just as they are about many other things.”

In a pointed jab, Trump added: “Maybe David should hire a new economist — or better yet, stick to being a DJ instead of trying to run a major financial institution.”

Trump’s confidence borders on hubris. He seems to think he can outsmart all, including the invisible hand. The economy is currently in a downturn, and with the Federal Reserve likely to cut interest rates, inflation will resume its upward path regardless of the political spin. Please watch The CPI Is A Joke on the Insights Channel further discussion.

If the public enjoys the Oval Office becoming a reality TV show, then so be it. This brief pause in the broader economic decline is temporary. The blame game will become impossible once the sub cycle shifts back down in 2026. Please watch the Economic & Stocks Report for timing and precise tracking of the invisible hand.

Follow me on 𝕏 or Facebook for further discussion.

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