Trump and Wall Street mentality! Video Outlook (german)

Despite bad news in the trade war, US indices held up well yesterday. Wall Street views the meeting between Trump and Fed Chairman Powell as positive for the market. Today Trump tweeted that he had told Powell that US interest rates were too high compared to other countries. But that Trump thinks so, Powell already knew before, so why this strange meeting? Obviously there is something hidden from us, and while Wall Street (as always) sees the glass half full, the question arises whether the collapse of the repo market or the trade war was the real topic of the meeting. Liquidity still seems to be pushing any rationality out of the stock markets…

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