Trump angrily criticizes 'good news not rising': Wall Street's brain is 'down', Federal Reserve don't hold back the economy/
On December 24, Trump directly called out the current market's 'rebellious' behavior on social media: GDP has soared to 4.2% (far exceeding the 2.5% expectation), this great news would have sent the market soaring in the past, yet now it seems as stable as a 'dead fish' and even declining?
He pointedly addressed Wall Street 'elites': Is your thinking completely twisted? In the past, good news = rise, now good news = fall, just because a group of people are blindly speculating that 'the Federal Reserve will raise interest rates to curb inflation'?
'This is fundamentally destroying prosperity!' Trump unleashed his criticism, complaining that the current market's 'abnormal' behavior is all due to policy meddling — a strong market will not trigger inflation, only poor policies will.
He also sent a message to the new chair of the Federal Reserve: Don't just mess with the market for no reason, when the market is good, cut interest rates! 'What we want is a normal market where good news rises and bad news falls, that's how it used to be done!
Inflation will naturally calm down; if you really want to curb it, you should wait until the economy takes off before taking action — this wave of growth can boost GDP by 10 to 20 points in a year!'
In the end, he warned: Don't let 'bookworms' ruin the momentum of economic growth, otherwise the country can forget about gaining economic strength.
