Analyst: Market Trends Run Counter to Trump's Goals

Odaily News: Michael Brown, a senior research strategist at Pepperstone, stated in a report that recent market movements are precisely the opposite of what U.S. President Trump has been pursuing. Brown said, "I think it's important to recognize that almost everything we're seeing in the market right now is the opposite of what President Trump has stated as his goals." Brown noted that Trump has repeatedly expressed a desire to see lower oil prices, a rising stock market, a weaker dollar, lower interest rates, and a more dovish Federal Reserve. However, Trump is now actually facing rising oil prices, a falling stock market, a stronger dollar, rising interest rates, and a Federal Reserve caught in a "dilemma." (Jin10)