One person close to the White House told the WSJ that the president is “glued” to the stock market.
Stocks took their latest downturn after the president declared himself “a Tariff Man” in a tweet Tuesday. The White House has been embroiled in a trade dispute with China, and Trump has pledged to take a hard line in negotiations.
The Journal report and a number of tweets from the president suggest that he still blames the Federal Reserve’s rate hikes for the market issues. However, stocks have continued to slide this week even amid expectations that the Fed may ease up on its rate-hiking cycle.
Read the full Journal report here.
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