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.