đšTRUMP: "ECONOMY IS DOING WELL, PRICES ARE DOWN" â But Is It Really? đ€đșđž*
So, former President *Donald Trump* just dropped a statement saying the *âeconomy is doing wellâ and âprices are down.â* đđșđž
Now, letâs talk real talk â is this facts, cap, or somewhere in between?
Sure, *headline inflation* has cooled off compared to the crazy highs we saw in 2022â2023. Gas isnât 7 a gallon anymore, eggs arenât10 a dozen, and the Fedâs rate hikes have finally started working. Thatâs true â
But ask any average person â theyâll probably say their wallet still hurts. Rents are sticky. Groceries are still higher than pre-2020. And donât even get started on student loans, housing prices, and credit card debt đđł
Trump making this statement is no accident either â weâre heading into *election szn*, and this kind of economic optimism plays well politically. He wants to position himself as the guy who had the economy booming before COVID hit, and now heâs throwing subtle shots at Bidenâs handling of inflation đ
But from a *market perspective*, hereâs what really matters:
â If inflation continues cooling and economic indicators show strength, the Fed might *cut rates* sooner â bullish for crypto đ
â If Trump returns in 2025, markets might *price in deregulation*, lower taxes, and increased risk appetite â also potentially bullish for stocks and crypto đ€
â But if these optimistic statements donât match reality, confidence could crack â and thatâs bearish across the board đ§š
So yeah, Trump says things are good â and on paper, *some* things are improving. But most of us still feel the pinch.
Letâs see how this plays out.
*Do YOU think prices are really down? Or is it just political sugarcoating? đ