Analyst: Market trends run counter to Donald Trump's targets
Svmuu News: Michael Brown, Senior Research Strategist at Pepperston, stated in a report that recent market trends run counter to the goals U.S. President Donald Trump has consistently pursued. Brown said, “I think it’s important to recognize that nearly everything we’re seeing in the markets right now is contrary to the goals President Donald Trump has stated.”Brown noted that Donald Trump has repeatedly expressed a desire to see lower oil prices, rising stock markets, a weaker dollar, falling interest rates, and a more dovish Federal Reserve. However, Donald Trump is now actually facing rising oil prices, falling stock markets, a stronger dollar, rising interest rates, and a Federal Reserve caught in a “dilemma.” (Jinshi)
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Source:Odaily · Source Link
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