Listen: President, President Trump And Federal Reserve discussed on Bloomberg Best
"Hour's top business stories and the markets. President Trump has renewed his attacks on the Federal Reserve the president claim that the Dow Jones industrial average would be five to ten thousand points higher had it not been for fed policy. The president says quantitative tightening is a killer and the fed should have done the exact opposite. The president might be concerned that his picks for the fed board, especially Herman Cain or not getting the support from the GOP that the president had hoped for. In the meantime, Goldman Sachs says President Trump does enjoy a narrow advantage over other candidates as we head into the twenty twenty election period analysts their site the outlook for the US economy. In addition, they say incumbent presence carry a five to six percentage point edge. Over rival candidates will Asian stocks have begun the week on a mostly positive note. That's after earnings and the Chinese economic data out late last week east concerns about. Slowdown in growth the region. Shares are on course, now for a new six-month high. The Nikkei is trading up one point five percent. A jump of three hundred twenty points."