TechFlow News, March 9: According to JIN10 Data, Michael Brown, Senior Research Strategist at Pepperstone, stated in a report that recent market movements run counter to the goals long pursued by U.S. President Trump. Brown said: “We must recognize that nearly everything we’re currently observing in the markets runs contrary to the objectives President Trump has publicly declared.” Brown noted that Trump has repeatedly expressed his desire for lower oil prices, rising stock markets, a weaker U.S. dollar, lower interest rates, and a more dovish Federal Reserve. In reality, however, Trump now faces rising oil prices, falling stock markets, a stronger U.S. dollar, higher interest rates, and a Federal Reserve caught in a “dilemma.”
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