While the stock markets have won in recent days, US President Donald Trump has commented on the situation. He said he did not see any risk of recession in the future and minimized the impact of the fall in shares.
Donald Trump is expressed on the fall in the markets and the recession
Large market destabilizer, Donald Trump seems to calm the game on Tuesday. The American president was asked about a risk of recession and he gave a clearer response than a few days ago:
“I don't see that at all. I think this country will experience a boom. »»
The American president has however remained evasive with regard to the stock markets. As a reminder, they have undergone strong falls in recent days, faced with the fear of the recession and the establishment of customs duties by the United States. But Donald Trump swept the concerns with a backhand:
“It doesn't worry me. [Les marchés] Climb and drop regularly. But you know what, we have to rebuild our country. »»
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Concern goes up in the United States
Yet, Donald Trump was expressed even when he bought a Tesla car, in an act of support for Elon Musk. This has indeed seen the course of the Tesla action fall by 15 % in one day. The American president also considered that the “radical leftWas to blame for the disinterest of investors, who move away from Tesla.
🌐 Read on the same subject –55 % in less than 3 months: Tesla's action (TSLA) continues to collapse
However, concern rises in the United States. JP Morgan recently estimated the risk of recession at 40 %, compared to 30 % previously. But Donald Trump says: his economic plan will work:
“I think some people will do very good deals by buying stocks, bonds and everything they buy. I think we are going to have a real economy, not an artificial economy. »»
A hard bet, as the markets have been shaken in recent weeks. It remains to be seen if the “Trump effect” will be reversed.
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Source: Bloomberg
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Journalist at Cryptoast since 2017, I have been passionate about the challenges of decentralization, privacy and regulation. I specialized in the economy and traditional finance by analyzing how the news in this sector influence that of cryptocurrencies, thus offering a unique and enlightened perspective to cryptoast readers.
Marine Debellor
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