Pres.Trump: Survey data is very antiquated and also political

Pres. Trump on CNBC:

  • Survey data is antiquated and very political
  • The numbers were rigged the numbers or rate
  • Before the election there was a massive outflow of beauty for Biden

This is going nowhere so far.

  • Powell is highly political.
  • Kevin Warsh is a very good.
  • The two Kevin’s are doing well and have two other candidates
  • The decision will be very soon
  • I will announce a replacement for Kuglers announcement
  • He is taking Bessent off the list as Fed Governor
  • Prices are down since I have come in
  • The price of stocks are way up
  • Energy is way down with Gasoline to $2.40.
  • There is tremendous energy
  • OPEC+ is drilling more because want to make me happy
  • If energy prices do go down Putin will stop killing people.
  • Japan will be opening up the country, and the investment promises are like a “signing bonus”
  • Indonesia, Vietnam and Korea has opened up their country.

US stocks ar moving slightly higher on Trump comments. NASDAQ up 94 points. S&P up 17.5 points.

  • If EU does not make those investments they will pay tariffs
  • If they make the investment their tariffs will be decreased to 15%
  • EU deal is that they will give Trump $600B in anything he wants.

Stocks dip as he gets into tariffs.

  • Will be announcing tariffs on chips soon
  • We will be putting a small tariff on Pharma . Will go up to 150-250% in one year
  • Not worried about oil prices
  • The inflation was the highest during the Biden administration
  • He will be raising India tariffs soon on the Russia oil
  • Sticking point with India are that tariffs are too high.

On CHina:

  • Xi called for a meeting with Trump
  • We will meet with China before the end of year if there is a trade deal.
  • China is very reliant on the US
  • Has a good relation with China
  • We are getting very close to a deal.
  • China did not respect Biden. They respect us.

On banks:

  • They discriminated against me
  • Both BofA and JPM discriminated against me conservatives.

On immigration:

  • We are getting criminals out of our country
  • Am working with the farmers though. The farmers are great. Not doing anything to hurt the farmers
  • We are looking for the criminals
  • 50% murdered more than 1 person

This article was written by Greg Michalowski at investinglive.com.