capitulation 投降
And while Trump had a vocal track record of praising the US stock market prior to then, he had gone surprisingly mute in the past three months...
... when instead he turned to bashing the Fed and its chair Jerome Powell.
Until today.
Following Powell's complete and total capitulation in the face of market forces to which there is now no doubt the Fed is held hostage, market analyst Trump was back in full force, and delighted clearly delighted by today's 435 surge in the Dow, to wit: "Dow just broke 25,000. Tremendous news!"
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