After the non-farm payroll data was released, Trump posted two articles back-to-back, both claiming that the U.S. economy is doing great and the Fed should cut interest rates. But with such good data, why is the U.S. stock market still falling? In reality, Trump should know that one of the main factors affecting rate cuts right now is oil prices. The issue with oil prices isn’t something you can just casually say like 'Trump Strait is open.' In fact, the Strait of Hormuz is still blocked, Iran continues to attack U.S. bases in the Middle East, and oil prices keep rising. With oil prices climbing, even though August inflation didn’t spike significantly, September’s inflation is likely to look bad. Currently, WTI oil prices are almost breaking July’s highs. Trump can only hope Iran will open up some shipping lanes for certain countries and charge fees, which might help lower oil prices and, in turn, reduce inflation. Otherwise, during the midterm elections, it’s very likely the Fed will be raising interest rates. Trump is probably going to start yelling at Powell again. @Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFD, prediction markets—one-stop trading.