Trump attempts to 'Twitter-up' the stock market to no avail, blames Fed for inverted yield curve

President Trump is making comments over Twitter with respect to the inverted yield curve and is blaming the Federal Reserve: "We are winning, big time  |  14/08/2019 19:31
  • USD/JPY remains on the backfoot despite Trump's attempt to Twitter-up the stock markets.
  • Trump blames the Fed' for the inverted yield curve, "...Say THANK YOU to clueless Jay Powell and the Federal Reserve.

President Trump is making comments over Twitter with respect to the inverted yield curve and is blaming the Federal Reserve:

"We are winning, big time, against China. Companies & jobs are fleeing. Prices to us have not gone up, and in some cases, have come down. China is not our problem, though Hong Kong is not helping. Our problem is with the Fed. Raised too much & too fast. Now too slow to cut....

..Spread is way too much as other countries say THANK YOU to clueless Jay Powell and the Federal Reserve. Germany, and many others, are playing the game! CRAZY INVERTED YIELD CURVE! We should easily be reaping big Rewards & Gains, but the Fed is holding us back. We will Win!"

FX implications: 

Nothing that Trump says can encourage a bid in the stock market today. The DJIA is down -2.89% and the S&P is down -2.74% at the time of writing. The Yen outperforming the Fx space, +0.67% vs the Dollar at the time of writing. 

Share

Popular News

Show More Popular News

TheFXApp's Views

TheFXApp analyses will provide both fundamental and technical comprehensions on finance
and other asset classes for TheFXApp viewers

Back

Login to TheFXApp Account

Your TheFXApp account gives you access to the tools that we offer our customers including our
Technical Studies & Sentiment for your accounts.

Forgot Password?

Don't you have a TheFXApp account? With a few easy steps you can easily register to TheFXApp

Create a TheFXApp's Account

Your TheFXApp account gives you access to the tools that we offer our customers including our Technical Studies & Sentiment for your accounts.

register_ty

Thank you!

Welcome to TheFXApp family!

You have succesfully completed the registration.
We will send you an e-mail to give you some
instructions and our Terms and Conditions!
Our account representatives will be contacting you as
soon as possible. If you have any further questions
please do not hesitate to mail us via info@thefxapp.com