PiCK

Trump: "U.S. stock market and economic indicators improve... nation enters phase of national security and economic recovery"

Source
YM Lee

Summary

  • President Trump said the stock market and retirement pension accounts are at record highs.
  • He said the recently released GDP growth rate was 4.3% and significantly exceeded market expectations.
  • President Trump assessed that tariff policy and economic performance have strengthened the United States' fiscal foundation and industrial competitiveness.
Photo = Shutterstock
Photo = Shutterstock

U.S. President Donald J. Trump emphasized his country's border policy, law and order, and improvements in economic indicators as achievements for Christmas. President Trump asserted that the United States has entered a phase of strong national security and economic recovery.

According to foreign media on the 25th (local time), President Trump said in his Christmas message that social order is being restored due to strengthened control of illegal immigration and changes in law enforcement policy, and that "the stock market and retirement pension accounts (401K) are also at record highs."

He mentioned, "The open-border policy has ended and situations in which law enforcement was weakened no longer exist." He also claimed, "Policy changes in women's sports and controversies over gender-related systems have also been resolved."

On economic performance, he emphasized, "Along with a record stock market, inflationary pressures have disappeared and crime rates have fallen to their lowest levels in decades." Regarding the gross domestic product (GDP) growth rate announced the previous day, President Trump mentioned, "At 4.3%, it exceeded market expectations by about 2 percentage points."

Regarding tariff policy, he evaluated, "It led to large-scale growth and prosperity and generated economic results on the order of trillions of dollars." He claimed that through this, "the United States' fiscal foundation and industrial competitiveness have been strengthened."

On national security as well, President Trump said, "The United States has acquired the strongest security capabilities in history." He said in the international community, "The United States is being respected again and its standing may be higher than at any time in the past."

publisher img

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
hot_people_entry_banner in news detail bottom articles
hot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

[Key Economic & Crypto Calendar for the Week Ahead] US December PCE Price Index, and More

8 hours ago
[Key Economic & Crypto Calendar for the Week Ahead] US December PCE Price Index, and More

Risk appetite rebounds on softer US CPI…Bitcoin reclaims the $70,000 level

10 hours ago
Risk appetite rebounds on softer US CPI…Bitcoin reclaims the $70,000 level

Supply-demand balance curbs the 'Takaichi yen weakness'… "A historic plunge in the yen is now a more distant prospect"

11 hours ago
Supply-demand balance curbs the 'Takaichi yen weakness'… "A historic plunge in the yen is now a more distant prospect"

[Analysis] "Binance’s XRP holdings fall to a two-year low…a signal of easing sell-side pressure"

13 hours ago
[Analysis] "Binance’s XRP holdings fall to a two-year low…a signal of easing sell-side pressure"

This Week’s Focus: Fed Minutes and PCE Data… US Supreme Court Ruling on Trump Tariffs Also a Wild Card

14 hours ago
This Week’s Focus: Fed Minutes and PCE Data… US Supreme Court Ruling on Trump Tariffs Also a Wild Card

Trending News