Jason Calacanis is openly critical of President Donald Trump‘s impact on the economy. In a series of tweets, the well-known tech investor criticized Trump for creating what he described as “complete market chaos” just 92 days into his new term.
“I’m basing it on just facts actually…”
Don’t Miss:
Calacanis, a well-known investor and entrepreneur who is known for speaking plainly, responded directly to Trump’s April 21 Truth Social post. In it, Trump claimed inflation was nearly gone and called for immediate interest rate cuts, blaming Federal Reserve Chair Jerome Powell for being too slow.
“There is virtually No Inflation,” Trump wrote. “But there can be a SLOWING of the economy unless Mr. Too Late, a major loser, lowers interest rates, NOW.”
Calacanis was not impressed. He posted on X, “President Trump was elected to improve the economy; objectively, the only thing he’s accomplished in 92 days is complete market chaos.”
When others challenged him for being subjective, Calacanis stood his ground, submitting charts and saying, “I’m basing it on just facts actually… bonds, dollar, markets, layoffs and survey data.”
Trending: It’s no wonder Jeff Bezos holds over $250 million in art — this alternative asset has outpaced the S&P 500 since 1995, delivering an average annual return of 11.4%. Here’s how everyday investors are getting started.
Two days later, Trump told reporters that his 145% tariffs on Chinese goods would “come down substantially, but it won’t be zero.” Treasury Secretary Scott Bessent called the tariffs unsustainable and said a de-escalation was likely.
