Trump's 24-Hour Activity Log: What Did He Do? (2024-01-14)

Deep News01-14

1. Praising the December inflation data, he once again urged Powell to cut interest rates. Former President Trump stated that the US (December) inflation data, which was very low, means Jerome "Too Late" Powell should implement significant interest rate cuts!

2. Inciting protests among the Iranian populace, he severed contact and threatened "strong action." Trump posted that he had canceled all meetings with Iranian officials and, both on social media and in speeches, twice told anti-government Iranian protesters that "help is on the way." Subsequently, in an interview, Trump took a harder line, stating that the US would take "very strong action" if the Iranian regime executed anti-government protesters.

3. Receiving a briefing on the Iran situation, he discussed potential response measures. According to foreign media citing informed sources, Trump participated in a meeting on Iran after returning from Detroit, where he was briefed on the situation. Trump claimed he knew the possible responses to Iran but emphasized that no decision had been made yet.

4. Speaking at the Detroit Economic Club, he mentioned US stocks, oil prices, and interest rate cuts. During his speech at the Detroit Economic Club, Trump praised the rising US stock market, vowed to push oil prices even lower, and again criticized Powell for being "stubborn," urging the Federal Reserve to cut rates.

5. In an economic speech, he boasted that the economy had achieved "super-high-speed growth." On Tuesday, Trump delivered an economic speech in the key swing state of Michigan, citing the latest inflation and growth data to declare that his policies had successfully averted stagflation and achieved "super-high-speed growth." He also previewed a series of policies aimed at reducing housing, healthcare, and energy costs, and again targeted Federal Reserve Chair Powell.

6. Touring a Ford factory, he当面称美墨加贸易协定“无关紧要”——Trump周二访问福特汽车工厂,对事关汽车巨头的美墨加贸易协定表示出“没有也行”的态度,称该协议“没啥真正的好处”,且美国“不需要加拿大或墨西哥制造的商品”。

7. Facing criticism from the "Wall Street titan," he强硬表态“美联储必须查”——面对摩根大通CEO关于鲍威尔调查一事“破坏央行独立性”的批评,Trump周二直言其观点是“错误的”。Trump回应称:“我认为我的做法完全没问题,美联储现在的负责人很糟糕。”

8. Accusing Minnesota of fund fraud, he instructed Yellen to investigate thoroughly. Trump posted on social media, "Stupid Tim Walz (Governor of Minnesota) allowed Somali fraudsters to flood Minnesota, embezzling American taxpayers' money." Trump also stated that he had instructed Treasury Secretary Yellen to track the fund flows.

9. He will cut off federal funds to "sanctuary cities." Trump stated that by the end of the month, he would cut off federal funding support for so-called "sanctuary cities" (cities opposing the deportation of illegal immigrants), as part of the government's measures to combat fraud.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment