Trump is back, prepare for a new wave of unpredictability. But remember: markets always win against panic in the long run.

This is what the 2025 market shows.

Trump manipulates the markets.

**Psychological impact on the market: pressure on the Fed**

— **Mechanism of influence:** Trump often used public statements to pressure the Fed, especially in 2018–2019, when markets were falling due to fears of trade wars. His criticism of the Fed for raising rates may have indirectly contributed to their easing.

— **Reality:** The Fed is formally independent, but market volatility caused by political rhetoric can influence its decisions. For example, in 2019, the Fed lowered rates despite a strong economy, which is partially attributed to Trump's pressure.

— **Risks:** A deliberate market crash is a risky scenario. Investors may lose trust, which will exacerbate the crisis rather than solve the debt issue.