Pres. Trump on CNBC:
Survey data is antiquated and very politicalThe numbers were rigged the numbers or rateBefore the election there was a massive outflow of beauty for Biden
This is going nowhere so far.
Powell is highly political.Kevin Warsh is a very good. The two Kevin’s are doing well and have two other candidatesThe decision will be very soonI will announce a replacement for Kuglers announcementHe is taking Bessent off the list as Fed GovernorPrices are down since I have come inThe price of stocks are way upEnergy is way down with Gasoline to $2.40.There is tremendous energyOPEC+ is drilling more because want to make me happyIf energy prices do go down Putin will stop killing people.Japan will be opening up the country, and the investment promises are like a “signing bonus”Indonesia, Vietnam and Korea has opened up their country.
US stocks ar moving slightly higher on Trump comments. NASDAQ up 94 points. S&P up 17.5 points.
If EU does not make those investments they will pay tariffs If they make the investment their tariffs will be decreased to 15%EU deal is that they will give Trump $600B in anything he wants.
Stocks dip as he gets into tariffs.
Will be announcing tariffs on chips soonWe will be putting a small tariff on Pharma . Will go up to 150-250% in one yearNot worried about oil pricesThe inflation was the highest during the Biden administrationHe will be raising India tariffs soon on the Russia oilSticking point with India are that tariffs are too high.
On CHina:
Xi called for a meeting with TrumpWe will meet with China before the end of year if there is a trade deal.
This article was written by Greg Michalowski at investinglive.com.