President Donald Trump has urged investors to 'better go out and buy stocks now,' a statement that has led to a surge in market activity. This advice comes in the context of recent economic developments, including a trade agreement with the United Kingdom and discussions about reducing China tariffs to 50%. Trump's comments have been interpreted as a bullish signal for the markets, with Bitcoin and Big-Tech sectors experiencing notable surges. His previous trading advice, such as the recommendation to buy before a 90-day pause, has proven accurate. The President's call to action follows a period of consistent bearish sentiment among investors, as noted by market analysts. Following Trump's statement, Wall Street saw gains with the S&P 500 up 0.7%, Nasdaq up 1%, and Dow Jones up 0.6%.
"If You're Bearish, You're Consensus...": Bitcoin & Big-Tech Surge As Trump Says "Buy Stocks Now" https://t.co/KjFgg5e3EY
"if you’re bearish, you’re consensus … doesn’t mean you are wrong, but you are in the majority" - GS FICC STFU the entire economy has been dip buying for 50 fucking years.
So did Trump say "better buy stocks" with the idea that the report of weighing plans to drop China tariffs to 50% would cause another massive rally? https://t.co/LGsYDGTxha