The Trader 

Market Outlook: Trump tramples on markets

The Trader

Reuters reports that once again President Trump said he was ‘not thrilled’ with Fed Chairman Jerome Powell, nominated to the job by Mr Trump, because he had raised interest rates.  This just ahead of the Thursday/Friday informal meeting of central bankers in Jackson Hole, Wyoming.  Saying, ‘’I should be given some help by the Fed’’, he vowed to continue his criticism if the Fed continued to raise rates.  In the same interview yesterday he said China and the EU were manipulating their currencies, adding that he wasn’t concerned about how his newly imposed trade tariffs might affect Europe’s economy.

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