Phyrex|12月 23, 2025 18:27
Trump's recent statement perfectly explains why the market isn't rising despite clear positive news.
Even though the latest U.S. GDP growth far exceeded expectations, the stock market's reaction remains quite muted. It doesn't reflect signs of a strengthening U.S. economy as expected. One of the reasons is the market's pessimism about interest rate cuts in 2026. The market believes that under high interest rates, small and medium-sized enterprises will continue to face many challenges, unemployment may rise further, and systemic financial risks are still possible.
So, investments in high-risk assets are approached with extreme caution—especially since it's already Christmas Eve. For Trump, if he wants liquidity to recover further and the market to become more active, loose interest rates and loose policies are essential. Right now, we only have loose policies, while interest rates remain high, financing is still difficult, and corporate bankruptcies and credit defaults continue to rise.
That's why Trump is frustrated. His last sentence represents his core idea: rate cuts, rate cuts, and more rate cuts.
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