If there’s one thing we know about Trump from his first term as president, it’s that he really judges his accomplishments based on stock market performance. And this time too it is no different. The US-Iran war in March had put them in a difficult position, but since April, market sentiment has improved significantly despite all the trials and tribulations.
His latest tweet doesn’t even need any further subtext. It comes with an image snapshot of yesterday’s Dow closing levels.
That being said, perhaps this was already meant yesterday when he said:
“The Stock Market Hit All-Time Highs Today. Jobs and 401-Ks Are Booming!!!”
This certainly sounds like a leak of the US jobs report coming out tomorrow. Therefore, a strong non-farm payrolls figure can be reasonably expected, if anything else.