President Donald Trump chose a different approach to the stock market during his second term of office.
Namely: he seems to have outsourced responsibility.
And after a sharp sale on the stock market on Monday, the profits after the elections in the most important indexes and various important technical shares that have driven the market was not the president, but rather the vice-president who seemed to talk to investors.
In a post on X, the social media platform that is owned by Elon Musk, an important member of the Trump government, said vice president JD Vance that companies that will be rewarded in the US; For companies that build outside the US: “You are alone for it.”
Last week the president said: “I don’t even look at the market,” because the rollout of his rate policy shook the confidence of investors.
In contrast to his first term of office, Trump did not explicitly discuss the Federal Reserve and his opinion about policy. (The last time Trump repeatedly called for lower rates.)
Instead, Treasury Secretary Scott Bessent has repeatedly expressed an opinion that the yields of the Treasury should be lower in the midst of Trump’s urge to clean up the federal budget and to clean up the issues for the government.
However, given the speed and depth of the sale of the market since he has reached record heights on 19 February, we will see how long the president can keep this new line.