Trump pumps the market 🔼
Trump has made a number of statements that have sent markets higher 👇
🟥 Trump reassured markets that tariffs on Chinese imports won’t reach 145%, though they “won’t be zero either.” He dismissed the idea of “playing hardball” with China but insisted the US would set terms if no deal is reached.
🟥 He
called on the Fed to cut rates more actively, but downplayed consequences if Powell doesn’t act. Still, he clarified he has no plans to fire Powell — good news.
🟥 He called recent market moves “nicely up” and described the phase as “a transition period.” Said that China and other nations will have to make a deal with the US eventually.
🟥 On Ukraine, Trump struck an optimistic tone, promising a peace plan “within days” and sending his envoy back to Russia. He claimed talks with both sides went well and hinted a ceasefire could be reached “this week.”
Markets are hearing: lower tariffs, easier Fed, rising stocks, and a possible end to war 🤞
That’s as bullish as it gets. But it's important to remember that Trump is often vacuous and it's worth watching other political players, such as statements from Chinese officials, in the coming days.
If it becomes clear that the worst is indeed behind us - I expect a strong rise in the market and Bitcoin ATH very soon ↗️