In reality, Donald Trump wanted to boost share prices in the United States, but his policy is now driving down these prices

The economic policy implemented in the United States (cuts in taxes on corporate earnings, incentive to repatriate earnings held abroad, expansionary fiscal policy, tariffs) in a situation close to full employment can have only one real objective: to drive up US share prices, which is what happened initially. But currently, the policies conducted in the United States (budgetary expansion at full employment, with the risk of overheating and a resulting sharp rise in interest rates and the understanding that it will not avoid a slowdown in growth; aggressive trade policy with the risk of rising import prices and disruption of value chains) are , on the contrary , leading to a fall in share prices in the United States. The initial ambition, which was to make Americans richer through a rise in share prices, could therefore be a complete failure.