Gate News reports that on March 9, Pepperstone senior research strategist Michael Brown stated that recent market trends are showing a clear contrast to U.S. President Trump’s policy goals. Brown said that Trump has repeatedly publicly expressed hopes for falling oil prices, rising stock markets, a weakening dollar, lower interest rates, and a more dovish stance from the Federal Reserve. However, the current market situation is exactly the opposite: oil prices are rising, stock markets are falling, the dollar is strengthening, interest rates are increasing, and the Federal Reserve is facing a policy dilemma. Brown emphasized that almost all market performance at present is contrary to the goals Trump has proclaimed.
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