So Donald Trump and Republicans expect props for a skyrocketing day on Wall Street yesterday. All because the administration announced progress over the weekend on the China tariff and trade war front.

Let’s be crystal clear: there’s nothing here to celebrate….yet. Not only are the tariffs with China still very high, as are those with the UK and other countries, but the likelihood for an actual real, meaningful, long-term deal to be ironed out during this 90-day pause with China remains uncertain.

But the more important point is this: Donald Trump is no ‘economic genius’. He is no ‘master deal-maker’. The stock market was not up significantly yesterday because we have a strong economy and a focused leader at the helm who’s ‘policies’ are working. It rose because the stock market crashed approximately 20% since Trump first announced his utterly moronic, unnecessary, and unprovoked tariffs in trade wars and are now clawing their way back towards pre-crash levels.

It’s classic Trump: he’s the arsonist who damn-near burned the entire house to the ground, and now expects credit for being the hero who’s putting out his own fire with these pauses and deal frameworks. Sorry, but there’s no credit to be given to Trump just for mopping up his own shitpile.