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President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:
“Art Laffer and Stephen Moore have written an incredible Book, “The Trump Economic Miracle: And the Plan to Unleash Prosperity Again.” In just under one year, thanks to our use of Tariffs, our Nation’s National and Economic Security is stronger than ever before. Trillions of Dollars of Investment (and Jobs!) are pouring into our Country, our Trade Deficit is reaching Record Lows, our Nation’s GDP is skyrocketing past 5%, and we’re just getting started. Art and Stephen understand the America First Policies required to save our Nation from ruin, and make it greater, richer, and stronger than ever before. Get your copy of this GREAT Book today. THE BEST IS YET TO COME!”
How Will Trump’s Statement Affect the Stock Market?
This latest post has the potential to affect the stock market. That’s because Trump’s post touting tariff-driven growth and an “economic miracle” could temporarily boost sentiment toward cyclicals and U.S.-focused industrials like Caterpillar (CAT), Nucor (NUE), SPDR S&P Metals & Mining (XME), VanEck Steel (SLX), and broad industrial funds (VIS, XLI, IYJ), on hopes of stronger infrastructure, manufacturing, and capital spending. However, renewed emphasis on tariffs and “America First” trade policy may also revive fears of trade frictions and higher input costs, adding volatility and potentially capping gains for global exporters within these ETFs and discretionary names in Vanguard Consumer Discretionary (VCR) and XLY. Gold-related plays such as VanEck Gold Miners (GDX) might see mixed effects—near-term risk-on optimism could pressure gold, but longer-term concerns about policy uncertainty, deficits, and inflation could underpin demand for gold as a hedge.
Here are some of the stocks that might be affected:
Caterpillar ((CAT)),
Nucor ((NUE)),
Vanguard Industrials ETF ((VIS)),
Industrial Select Sector SPDR Fund ((XLI)),
VanEck Gold Miners ETF ((GDX)),
Vanguard Consumer Discretionary ETF ((VCR)),
Consumer Discretionary Select Sector SPDR Fund ((XLY)),
SPDR S&P Metals & Mining ETF ((XME)),
iShares U.S. Industrials ETF ((IYJ)),
VanEck Steel ETF ((SLX)).