Jeffrey Viksjo, CFA

The irony of President Trump’s public criticism of the Federal Reserve (“Despite the unnecessary and destructive actions taken by the Fed, the Economy is looking very strong” – President Trump on Twitter on April 4th) is that the Fed is what’s actually saving the stock market rally for the President. While the President’s trade policies roiled the markets in May, the Federal Reserve’s recent comments that it would consider lowering interest rates (partially because of the negative impact of the trade wars), have caused stocks to begin climbing again in June.

The below video explores these two forces (the President’s trade wars and the Federal Reserve) and their continued influence on the stock market going forward. The big question, what will the President, and the Fed in response, do next?

Source: WSJ

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