Trump’s Economic Plan Revealed!

The world is more united than it’s been in a long time: united in condemnation of Trump’s tariffs and the mayhem they’ve unleashed on global markets. What is the plan? Is there even a plan? Or does the soon-to-be octogenarian occupant of the White House just want to burn everything down by way of an encore?

Well, hard as it may be to believe, there might just be a method to Trump’s madness. A recent paper by Stephen Miran, recently appointed as one of the president’s top economic advisors, could be acting as a blueprint for the reorganisation of global trade to the supposed advantage of the United States. Although Trump seems to be getting advice (and not all of it good) from a number of people, Miran’s paper could provide some vital clues as to the direction of travel and the intended final destination.

In today’s video, we unpack this paper and assess the extent to which it’s guiding US economic policy. We dig into Miran’s vision for making America great again and examine whether the president is sticking to the script, or making things up as he goes along. Is America on the road to the promised land, or the highway to hell?

You can watch that video here.

📈 Crypto Market Forecast 📈

Everyone is wondering why crypto has been pumping. The reason is simple: the macro backdrop is slowly improving, and people are starting to realize that a number of bullish crypto catalysts have been building up for months. The Fed rolling back its anti-crypto guidance for banks is just one of many examples, and better macro means they’re finally starting to matter.

Of course, the main reason why the macro backdrop is slowly improving is Trump continuing to soften his tone around tariffs, including with China. Obviously, we’re still a long way from the tariffs being finalized, but we’re getting closer to that certainty with each passing day, and the markets are starting to respond in kind. Just remember though that this could change at a moment’s notice.

On that note, another reason why the macro backdrop has been slowly improving is because Ukraine and Russia are reportedly close to agreeing to a ceasefire. It goes without saying that there has also been lots of flip-flopping on that front, but the recent ‘ceasefire’ over Easter seems to have convinced both sides that at least a temporary cessation of hostilities is the best way to go, in the short term at any rate.

Meanwhile, oil prices have continued to fall, and there are reports suggesting that OPEC will increase oil production even more in June. For context, the main reason why oil prices fell this month was because OPEC started producing more oil after Trump asked them to do so earlier this year. Logically, a sharp drop in oil prices is likely to result in a sharp drop in inflation.

Speaking of which, the PCE for March will be published this Wednesday. Some of you might recall that the CPI and PPI prints for March came in much lower than expected. If the PCE comes in below expectations, it will increase the chances that the Fed will cut rates. That said, Jerome Powell has made it clear that the Fed will not adjust its policy until it has clarity on tariffs.

This ties into another macro catalyst to watch, and that’s the unemployment numbers for April, which will be published this Friday. As most of you will know and some you can attest, companies have been pausing hiring and even laying people off while they wait for clarity on tariffs. This effect was likely even more pronounced in April as a result of Liberation Day.

What this means is that there could be a sharp rise in unemployment numbers for April. For reference, the current unemployment rate is 4.2%, and the Fed targets 4% in its dual mandate. If unemployment continues to rise more than expected while inflation continues to fall more than expected, it will be harder and harder for the Fed to justify staying put and it will need to ease.

But again, Powell has made it clear that the Fed will not adjust its policy until it has clarity on tariffs. What’s interesting is that this basically puts pressure on the Trump administration to get the tariffs finalized before the Fed’s meetings if they want the central bank to ease. For those unaware, the Fed’s next meeting is on May 7th, which is less than two weeks away.

The chances of the Trump administration getting tariffs settled by then are low however, especially since they said they’re not rushing. As such, it’s likely that we won’t see any policy changes from the Fed until its next meeting in June. The good news is that the markets will start pricing in Fed easing regardless in response to the tariff talks, falling inflation, and rising unemployment.

So long as the data isn’t so extreme that it suggests a recession is imminent, markets should continue rallying against this macro backdrop. But again, a full recovery in the markets is unlikely until there’s clarity around tariffs and until the Fed finally eases in response. Even then, the finalized tariffs could be too inflationary for the Fed to cut. We will just have to wait and see.

🤔 Memecoins Back?! 🤔

For the first time in months, the memecoin space is starting to see a spike in interest – most of the major ‘happenings’ in crypto for the past couple of weeks have been memecoin-related. For instance, these include Fartcoin’s outperformance of the broader market; Base’s recent endorsement of ‘content coins’; the competition for dominance between memecoin infrastructure platforms, and the first piece of utility granted to the top TRUMP token holders.

In our opinion, this is largely the result of broader market sentiment turning positive. With US tariff-related drama beginning to fade into the background, risk-on assets like BTC are appearing more attractive to institutional investors. This can be evidenced by recent inflows into US spot Bitcoin ETFs. Notably, data from Farside Investors shows that US spot Bitcoin ETFs had over $912 million worth of cumulative net inflows on the 22nd April – this marks their highest daily investment in more than three months since the 21st January. Given that we saw higher cumulative net inflows of $917 million on the 23rd April, this could be the start of a larger upward trend.

That said, a closer look will show that the first signs of returning market interest were in fact seen within the altcoin market – specifically the resilient outperformance of Fartcoin despite the broader market volatility. Over the past few weeks, Fartcoin has rallied by nearly 400% to reclaim its $1 price tag. This rise in value has been accompanied by a notable increase in its holder base, growing from 110,000 to 150,000 holders in less than a month. This hints that we’re possibly seeing new retail investors engage with speculative memecoin trading.

This appears to be further corroborated by onchain data – a recent article by X user Nico reveals that daily revenue for memecoin launchpad pump.fun has picked up fairly significantly during April. Nico notes that daily revenues in April ranged from $1 million to $2.7 million. This is more than a 100% increase from lows of $700K in revenue during March.

That said, this rise in revenue is also partly aided by the launch of PumpSwap – a new AMM launched by pump.fun to eliminate its reliance on third-party providers like Raydium. The new DEX processed $2.5 billion worth of trades during the second week of April and has been consistently seeing an upward trend in daily trading volume.

Speaking of new launches, one of the more interesting and controversial memecoin developments this past week has been Ethereum layer two chain Base’s endorsement of Zora’s content coins. In case you missed it, Base endorsed content coins on Zora by launching two tokens tied to onchain content – a move which some have described as irresponsible and uncreative. While the Base team attempted to convince users that ‘content coins’ were different from memecoins, many contended this was nothing more than a semantic difference at best.

Specifically, users claimed the move was net negative, since it promoted reckless speculation and gambling behaviour among retail crypto traders. For context, this has been one of the more prominent criticisms of the memecoin culture in crypto. For what it’s worth, this concern is valid – especially considering that the last time we saw memecoins ($TRUMP and $MELANIA) being recklessly launched by prominent entities, the market slumped into a downtrend as investors lost billions in highly volatile trading sessions.

Another concern meanwhile is the growing misconception among traders that memecoins are safe from regulation – given that the US President launched one of his own and the SEC issued a staff statement on memecoins not being securities. Not to mention, Barstool Sports founder Dave Portnoy recently described memecoins as “legalised Ponzi schemes.”

The problem here is that the staff statement isn't an official rule. Rather, it’s a non-binding opinion. The SEC can always classify any memecoin as a security - if the token behaves like a security by way of the promoter promising huge returns to investors, or through some sort of financial profit-making utility.

That said, it remains true that we’re likely going to see an increase in attention for memecoins as the market progresses deeper into bull territory. All we ask is that you stay safe out there. There are more rugs than gems lurking in the trenches.

🔥 Hot Deal Of The Week 🔥

It is no secret that altcoins have had a tough time recently. But, where there is great risk, there is great opportunity. Now might be a good time to brush up on what alts to strategically add to your portfolio.

We created the Coin Bureau Club to help provide insights and educate our most loyal fans about the altcoins we are personally looking at. In short, we created an education hub that we wished we had when we started getting into crypto.

Over there you get access to:

* Exclusive small and mid cap altcoin video reviews.
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* Access Coin Bureau Team members personal portfolios
* Access exclusive deals
* Join our members Discord to discuss all things crypto!

Sounds good to you?

👉 Join the Coin Bureau Club!

🔮 Video Pipeline 🔮

* Galaxy Report: In-depth report on crypto lending and what the future holds!
* Rare Earths: The global scramble for rare earths and what it means?
* Mar a Lago: Trump’s tariff strategy through the lens of Stephan Miran’s paper!
* Microstrategy Liquidation: Why are fears largely unfounded?

🏆 What's New at CoinBureau.com This Week? 🏆

* Discover The Top Crypto Wallets for Maximum Protection
* Best Crypto Courses For Beginners
* Crypto Frozen? Here's How to Get Control Back
* Maximize Your Trading Profits with the Top Crypto Arbitrage Bots!
* Coinbase and Crypto.com Compared In 2025: Features, Fees, and More

📖 Quote of the Week 📖

Emotion is your biggest impediment to long-term success in the markets. Controlling your emotions is one of the most important battles you can win.

“A lot of people with high IQs are terrible investors because they’ve got terrible temperaments.” - Charlie Munger

Team Coin Bureau

Disclosure: Authors may own cryptoassets named in this newsletter. These are unqualified opinions, and a Coin Bureau newsletter, is meant for informational purposes only. It is not meant to serve as investment advice. Please consult with your investment, tax, or legal advisor.