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Trump: I want new Fed Chairman to lower interest rates if market is doing well; Anybody that disagrees with me will never be the Fed Chairman!

From @realDonaldTrump

THE TRUMP RULE:The Financial News today was great — GDP up 4.2% as opposed to the predicted 2.5% (and this, despite the downward pressure of the recent Democrat Shutdown!) — But in the Modern Market, when you have good news, the Market stays even, or goes down, because Wall Street’s “heads” are wired differently than they used to be. In the old days, when there was good news, the Market went up. Nowadays, when there is good news, the Market goes down, because everybody thinks that Interest Rates will be immediately lifted to take care of “potential” Inflation. That means that, essentially, we can never have a Great ... (full story)

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  • Category: Low Impact Breaking News