Opinion: Trump deliberately caused the capital market to collapse, forcing the Federal Reserve to lower interest rates in order to reduce the cost of repaying US debt
The founder and CEO of Professional Capital Management, Anthony Pompliano, stated that Trump is deliberately causing the capital market to collapse in order to force a reduction in interest rates and lower the cost of repaying U.S. national debt. Despite current U.S. government policies bringing short-term pain, the effects of low interest rates will encourage borrowing and increase the price of risky assets in the long term.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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