BlockBeats News, March 9th. Pepperston's Senior Research Strategist Michael Brown stated in a report that the recent market trends are the opposite of what U.S. President Trump has been pursuing.
Brown said, "I think it must be recognized that almost all of the situations we are currently seeing in the market are the opposite of the goals stated by President Trump." Brown stated that Trump has repeatedly expressed his desire to see oil prices fall, the stock market rise, the U.S. dollar weaken, interest rates fall, and the Fed become more dovish. However, Trump is currently facing rising oil prices, a falling stock market, a strengthening U.S. dollar, rising interest rates, and a Federal Reserve in a 'dilemma.' (FXStreet)
