Market Assessment - President Trump assessed the market situation, stating that the market reaction has been "good" despite a tumultuous week, indicating that things are "just about even" [1] - The S&P 500 is expected to end the four-day trading week lower, potentially marking the second consecutive losing week, as the initial relief that boosted stocks appears to be fading [2] - The Dow Jones Industrial Average is nearing 50,000, reflecting positive returns earlier in the week [3] Presidential Commentary - Trump commented on the stock market during his speech at the World Economic Forum, predicting that it would "double in a relatively short period of time" due to ongoing developments, although this prediction was met with skepticism from market observers [4] - Throughout the week, Trump consistently highlighted market performance, attributing previous highs to his administration's actions and blaming Federal Reserve Chair Jerome Powell for market fluctuations [5] - On Thursday, Trump labeled the Federal Reserve as "discredited," emphasizing his focus on market dynamics [6]
Trump's assessment of the turmoil he triggered: The market is 'just about even'
Yahoo Finance·2026-01-23 15:56