Trump blamed Biden for price increases and claimed prices are falling sharply except for oil. He predicted oil will drop after the Iran conflict ends.
Sentimentneutral 50
Neutral · 50 of 100
Impact40
low · stays off the top drivers
Confidence70%
moderate confidence · 3 wires
Eventdeveloping
v3 · alerts feed only
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WHY IT MATTERS••••••••••Market transmission and exposed assetsBULL / BEAR CASE•••• / ••••Competing evidence, edited togetherNEWS ON PRICE••.•% reactionConfirmation versus SPY and sectorWHAT TO WATCH•• catalystsThe facts that can change the read
BORSAPLUSWhy it matters · Bull and bear case · Reaction against SPY and the sector · What to watch
BREAKING: President Trump says price increases being seen in the US were caused by "Joe Biden, not Trump."
Trump says that oil prices were higher under Biden than they are right now and prices are "coming down sharply" with the "temporary exception of oil." https://t.co/w5fjoTk1bW
TRUMP: I HOPE EVERYONE REALIZES THAT PRICE INCREASES THROUGHOUT AMERICA WERE CAUSED BY SLEEPY JOE BIDEN AND THE BIDEN ADMINISTRATION, NOT BY “TRUMP.” EVEN OIL WAS HIGHER UNDER BIDEN THAN IT IS RIGHT NOW, AND WE PREVENTED IRAN FROM HAVING A NUCLEAR WEAPON! WITH THE TEMPORARY EXCEPTION OF OIL, PRICES ARE COMING DOWN SHARPLY, AND OIL WILL DROP LIKE A ROCK AS SOON AS THE MILITARY CONFLICT WITH IRAN IS OVER, AND THAT WILL NOT BE LONG. THANK YOU FOR YOUR ATTENTION TO THIS MATTER! PRESIDENT DONALD J. T
Trump: Prices coming down except oil temporarilybearish 35 · impact 40 · this page
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