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usa Secretary of the Treasury candidates fight fiercely, angering Trump! Former Federal Reserve Board Governor Wash may be the next Treasury Secretary.
Some analysts believe that Trump has a very good personal relationship with Wash and often seeks economic advice from the latter. Wash's wife is the heiress of the Estee Lauder cosmetic family, a social status that Trump values, and he once considered nominating Wash as a candidate for Federal Reserve Chairman in 2017. Wash's long-term goal is still to serve as the Federal Reserve Chairman.
Phunware to Participate in the 13th Annual ROTH Technology Conference in New York City November 20, 2024
How Is The Market Feeling About Phunware?
Trump's latest appointment! The oil tycoon will serve as the Secretary of Energy.
Trump's cabinet picks have once again caused a "shock" in the outside world. The nominee for Energy Secretary is one of the pioneers of the USA shale revolution. He believes that there is no climate crisis and may strongly enhance the supplement of strategic oil reserves.
Trump Picks Oil Industry CEO Chris Wright as Energy Secretary
The 'Trump trade' of the 2016 version completely reversed afterwards, what about this time?
After Trump's election victory, the US dollar, US stocks, and small cap stocks usually tend to strengthen. However, during Trump 1.0, from 2016 to 2020, the US dollar and small cap stocks performed poorly, failing to rise as expected, while the rise in US stocks was mostly attributable to the strength of technology stocks. Analysis suggests that the 'Trump trade' is not the same as 'Trump investment', it is more of a short-term market reaction rather than a long-term trend.