Trump posted two articles consecutively after the non-farm payroll data was released.

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Phyrex
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2 hours ago

Trump published two articles after the non-farm data was released, both stating that the American economy is doing well, and the Federal Reserve should lower interest rates, but with such good data, why are U.S. stocks still declining.

In fact, Trump should know that the main reason affecting interest rate cuts right now is oil prices. The issue with oil prices isn't just talk about "Trump Strait" being open; in reality, the Strait of Hormuz is still blocked, and Iran continues to attack American bases in the Middle East, causing oil prices to keep rising.

And as oil prices rise, even if the inflation in August didn't increase significantly, the inflation in September is expected to look bleak. Currently, WTI oil prices are nearly surpassing the high from July, and Trump can only hope that Iran will open up shipping lanes for some countries, which could help lower oil prices and thus reduce inflation; otherwise, during the midterm elections, it is very likely that the Federal Reserve will raise interest rates.

Trump probably will go yell at Walsh again.

@Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFD, one-stop trading for prediction markets


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