Tag: market

Donald Trump Says Stock Market should be 5,000 to 10,000 Points Higher

Donald Trump Says Stock Market should be 5,000 to 10,000 Points Higher

Market
The United States stock market hasn't had a smooth ride. There have been some setbacks along the way and the trade war between China and the United States has also affected the market. Even with all the challenges the stock market has faced, it is still up by 35.6% since the election day. This equates to about $9.1 trillion according to Wilshire Associates. Donald Trump doesn't believe this progress is enough. On more than one occasion, he has accused the Federal Reserve of disrupting stock market growth by raising rates. He has also asked central banks to implement policies that helped the country during the last economic crises. Last week, he said that policymakers should focus more on quantitative easing rather than quantitative tightening as this would promote the stock market growt...