Christmas Thunder! Trump Slams the Market: GDP Surges by 4.2%, Why is the Stock Market Stagnant?
On the eve of Christmas, former U.S. President Trump is thoroughly enraged!
Holding the hard-core trump card of a 4.2% GDP growth rate in the third quarter that exceeded expectations, he thought he would witness a significant rise in the stock market. However, the market behaved contrary to expectations, remaining stuck in place. This wave of 'dampened good news' has directly ignited Trump's anger—he sees it as an outright disregard for the impressive economic results!
Fueled by anger, Trump unleashed a barrage of criticisms on social media, posting several statements targeting the current state of the market, with core views sharply hitting the mark:
1. Showcasing Hard-Core Achievements, Highlighting Market Confidence
The U.S. GDP growth rate for the third quarter soared to 4.2%, significantly crushing the market expectation of 2.5%. In Trump's eyes, this is an irrefutable signal of economic improvement and a solid support for the stock market to surge.
2. Criticizing Abnormal Market Trends, Denouncing Market Irregularities
He condemned the bizarre phenomenon of 'good news not leading to market gains': clearly, this is a heavyweight positive signal indicating a strong economic recovery, yet due to Wall Street's excessive worries about the Federal Reserve's interest rate hikes to combat inflation, it has become an excuse for the stock market's stagnation or even decline. This is utterly absurd!
3. Refuting Interest Rate Policies, Establishing Core Views
He forcefully argued against mainstream opinions: strong market performance is in no way a driver of inflation; rather, incorrect interest rate policies are the root cause of rising inflation! Inflation could naturally ease according to market laws, and there is no need to hastily raise interest rates to guard against unfounded 'upside risks.' The market should return to its essence, with fluctuations determined by itself.
4. Drawing Policy Red Lines, Setting Standards for Federal Reserve Candidates
He directly issued an 'ultimatum' to the next Federal Reserve Chair: a decisive interest rate cut is essential during this economic upturn! Anyone daring to oppose this view will be completely unqualified for the position of Federal Reserve Chair!
On one side are the explosive economic data, and on the other is the 'disrespectful' stock market; on one side is Trump's strong pressure, and on the other is the Federal Reserve's policy adherence. This pre-Christmas standoff is quietly influencing the next steps of the global market!