Pomp Investments founder: ‘Trump is intentionally crashing the economy’

Anthony Pompliano, founder of crypto investment firm Pomp Investments, stated on X that U.S. President Donald Trump intentionally triggered a market crash to pressure the Federal Reserve (Fed) into cutting interest rates. With $7 trillion in debt maturing within six months, refinancing at rates over 4% would be costly. He explained that Trump’s deliberate mention of tariff impositions is a strategic move to push for rate cuts, which would lower the 10-year Treasury yield, boost bond prices and create a more favorable environment for the bond market. On March 10, the U.S. stock market saw a sharp decline, with the Nasdaq dropping 4%, its steepest fall in two and a half years.