Trump is back to being smug again, the US stock market has hit a new high, with the S&P 500 index reaching 6279 points, setting a new historical record. The US stock market is filled with the taste of a bubble. Since Trump took office, the S&P 500 index has risen by 7%, an astonishing return.
The US stock market is brimming with optimism, as Trump has reached a trade agreement with Vietnam, which is another "victory" in Trump's tariff war. Optimism about the US trade agreement in the US market has increased.
At the same time, Trump has been pressuring the Federal Reserve to cut interest rates as soon as possible. The latest U.S. labor market data has also led people to believe that the Federal Reserve may start cutting interest rates. Trump boasts that "he has won too much."
Original article: https://www.toutiao.com/article/1836650342808586/
Statement: This article represents the views of the author himself.