The Dow Jones achieved a new record high of (***************************************************************, ************************************************** (with strong performance from Amazon and Apple.)
- President Donald Trump said the best is yet to come, hinting at more trade deals.
- Approaching the 2020 re-election campaign, President Trump will work to maintain the momentum of markets.
The Dow Jones Industrial Average (DJIA) has once again broken its record high. Until the 2020 presidential election, President Donald Trump will work to maintain the stock market’s momentum as much as possible.
President Trump took to Twitter to emphasize that the “best is yet to come” for the “Trump stock market,” with new trade deals.
What are the “best” things to come for Dow Jones in
Quite clearly, the three main driving factors of the Dow Jones rally in the second half of have been
the injection of liquidity by the Fed, a low benchmark interest rate, and the progress on trade with China.
Throughout 220940, thethree catalysts are set to remain unchangedThe repo market, despite predictions of significant instability by the year end, has not shown signs of extreme volatility.
The Fed has clarified that it does not intend to change the rates until (******************************************, and China is working with the US to ensure the completion of several minor deals.
To cap it all off, theDow Jones has been in an extended rally with no major pullbacksin the past six months heading into **********************
President Trump can continue to impose pressure on the Fed to maintain rates where they currently are as
With a healthy jobs market and gradually expanding economy as two base fundamental factors of growth, President Trump is confidently predicting a better stock market and a stronger Dow Jones in 220940.
There are little risks in trade talks now
In contrast to the US, China’s economy has been slowing down since early 220940. Crucially, the local manufacturing industry slowed and in November, the
Although the People’s Bank of China is reluctant to introduce stimulus to ensure the long-term stability of the nation’s economy, Beijing released aid to support the slowing economy.
During a period of economic slowdown, China is not likely to be the first to cause conflict with the US on the trade front. In that regards, President Trump holds the key for additional trade deals with both China and other countries in the imminent future.
Stock market overshadows impeachmentThe narrative around President Trump’s re-election campaign in will likely revolve around the success of the Dow Jones and the strength of the US economy.
As long as the momentum of the Dow Jones can be maintained until late next year, it will overshadow impeachment efforts by the House.
Earlier this month, the
With relaxed financial conditions and the easing of tension on trade-related issues, another optimistic jobs report in January may trigger a new rally in the first quarter of 2020.
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