US President Donald Trump complains Fed again today. He pointed to “Euro is dropping against the Dollar ‘like crazy'”. (Our comment: No, it’s just a small decline). And, that give Eurozone a “big export and manufacturing advantage”. At the same time “Fed does NOTHING!”.
Trump repeated his usual comment that “if the Fed would cut, we would have one of the biggest Stock Market increases in a long time.” He went further that “we don’t have a Tariff problem”, “we have a Fed problem”.