Not in Trump's Interest to Make Quick China Deal: Swissquote

The transcript discusses President Trump's hold on his base and the potential impact of the economic outlook on the 2020 election. It explores the false narrative linking Trump and GDP growth, suggesting that delaying a trade deal could benefit the US economy by prompting the Fed to cut interest rates. The discussion also highlights Trump's popularity among farmers despite weak economic data and his acknowledgment of the trade war's impact on the stock market. Additionally, it examines Trump's portrayal of the Fed as the custodian of the US economy, emphasizing the challenges of maintaining its political independence.

Discuss the implications of President Trump's acknowledgment of the trade war's effects on the stock market.

What is President Trump's characterization of the Federal Reserve's role in the economy?