Trump criticizes market's "good news, no rise" paradox, warns dissenters not to take the helm of the Fed

Dec 24: President Trump posted on social media today, saying: “Today’s financial news is GREAT—GDP grew 4.2%, but forecasts were just 2.5%. But in today’s market? Good news = stable or FALLING, because Wall Street ‘elites’ don’t think like they used to. In the past, good news meant the market RAN UP. Now? Good news makes it FALL—everyone thinks rates will jump RIGHT AWAY to fight ‘potential’ inflation. This means we can’t have the prosperous, nation-building market we need to get to GREATNESS—fundamentally. A strong market (even an extraordinary one) doesn’t cause inflation. ONLY FOOLISH POLICIES DO. “I hope my new Fed Chair lowers rates WHEN the market’s doing well—NOT arbitrarily crashing it. We need a market we haven’t seen in DECADES: rises on good news, falls on bad—like it SHOULD BE, like it ONCE WAS. Inflation will fix itself. If not? We can raise rates AT THE RIGHT TIME—but the right time is NEVER to choke growth. That growth could’ve boosted GDP by 10, 15, even 20+ points a year (or more!). Let those ‘bookworms’ kill our upward momentum? A country can NEVER be great economically that way. “We’ll make a strong market EVEN BETTER—not impossible. We’ll see more natural, OUTSTANDING data than EVER BEFORE. We WILL Make America Great Again. America should be REWARDED for success—not dragged down BY it. Anyone who disagrees with me? NEVER dream of being Fed Chair.”