President Donald Trump's 7-Word Take on Interest Rates Is Due for a Reality Check
The probability of rate hikes is rapidly rising, whether the president or Wall Street likes it or not.
President Donald Trump's 7-Word Take on Interest Rates Is Due for a Reality Check
Overview
Earlier this month, the widely followed Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and tech-stock-dependent Nasdaq Composite (NASDAQINDEX: ^IXIC) all ascended to fresh record highs.
The stock market producing outsize annualized returns under President Donald Trump is nothing new. The Dow, S&P 500, and Nasdaq skyrocketed 57%, 70%, and 142%, respectively, during Trump's first, non-consecutive term. Lately, the artificial intelligence (AI) data center build-out, better-than-expected corporate earnings, and record S&P 500 share buybacks in 2025 have fueled upside for equities.
Details
But the Trump bull market may not be as healthy as the stock market's leading indexes suggest. Inflation is becoming a serious worry for Wall Street -- even as Trump himself believes investors should be looking beyond rising prices.
Source
Originally published at www.fool.com.
