Trump Warns Against Stock Purchases Amid 20% Sell-Off, Wage Inflation, Joblessness

Former President Donald Trump has expressed caution regarding stock purchases amid potential market volatility. In a recent discussion with financial commentator Jim Cramer, Trump advised against buying stocks at current prices, citing concerns about a possible market dip. He emphasized the unpredictability of the market, stating, "I don’t want to get into a situation where they do and we have a dip or something because that can always happen." This statement follows warnings from market observers suggesting a potential 20% sell-off in the near future, with concerns about wage inflation and joblessness in white-collar sectors during Trump's first year back in office. Analysts recommend considering stock purchases around May rather than at the current levels, which they believe are too high.