Analyst: Market trends run counter to Trump's objectives

Gelonghui, March 9｜Pepperstone Senior Research Strategist Michael Brown stated in a report that recent market trends are exactly the opposite of the goals pursued by U.S. President Trump. Brown said: "I think it must be recognized that almost everything we are currently seeing in the market is contrary to the objectives President Trump has declared." Brown noted that Trump has repeatedly expressed his desire to see oil prices fall, the stock market rise, a weaker dollar, lower interest rates, and a more dovish Federal Reserve. However, what Trump is actually facing now is rising oil prices, a declining stock market, a strengthening dollar, rising interest rates, and a Federal Reserve caught in a "dilemma."