Trump Criticizes the Market's "Good News, No Gains" Phenomenon and Warns Dissenters Not to Expect to Lead the Federal Reserve

According to TechFlow, on December 24, as reported by Golden Ten Data, U.S. President Trump praised the third-quarter GDP data on social media, noting that GDP growth reached 4.2%, far exceeding the expected 2.5%. However, the market reaction is now unusual: in the past, good news would boost the market, but now good news often leads to the stock market remaining flat or even declining—because Wall Street is always worried that good news will immediately trigger interest rate hikes to prevent "potential" inflation. Trump stated, "This makes it increasingly difficult for us to recreate the prosperous markets of our nation's rise. A strong market itself does not cause inflation; wrong policies do. I hope the new Federal Reserve Chair will cut rates when the market is strong, rather than suppressing the market for no reason. I want to see a market that hasn't existed in decades: a market that rises when it should and falls when it should, a market that is as it ought to be and once was." Trump also said, "The inflation issue will naturally ease, and if necessary, we can raise rates at any time, but we should never hike rates just to suppress gains. If we let those 'nerds' do everything they can to destroy the upward trend, the country will never be strong." Trump concluded bluntly, "Anyone who disagrees with me should never dream of becoming Federal Reserve Chair."