i don't think it's so much that there's something ominous lurking in the shadows that hasn't shown its face yet like 2008.
if we didn't have stupid president nagging like a child about how the Fed is ruining his economy (which he is still doing today on twitter btw...) and all the other reckless things he's done like tariffs, shutting down gov't over a fucking wall, pulling out of syria then firing Mattis 2 months early out of spite b/c he got his feelings hurt over a letter....etc., the swings wouldn't be as wild as they have been lately.
think about how dysfunctional the US gov't is right now. we have no secretary of defense, no attorney general, no chief of staff with Trump currently wanting to fire the Fed Chair. the sec def replacement nominee is a military industrial complex corporate shill with no military experience at all which decreases confidence in the US's ability to bring order around the world.
the mnuchin stunt today only fanned the flames that trump ignited.
just enjoy the shitshow. the volatility those idiots are creating with their stupid actions only benefits us traders. it's pretty much a trader's paradise right now, esp as a futures trader.
and there's no reason to feel bad shorting the US economy. the people most affected by a tanking economy here in the states are the people who voted for trump, esp the farmers with the whole soybean debacle going on right now with china. what goes around, comes around. just enjoy the show with trump supporters scrambling around like chickens with their heads cut off while we line our pockets.
a democracy only works efficiently when the populace is well-educated. the US has some of the smartest ppl in the world but as a whole, americans are some of the dumbest in the world of developed countries. the electoral college will assure that the dumbest subset of our people will continue to have outsized represention, which will assure that we will continue to get black swan results like the one we're seeing right now.
so what you're seeing right now is just a symptom of something that was a long time coming.