"Trump stated, "I thought oil prices were going to go up higher than they are now, and I thought that we would see a bigger drop in stock. It hasn't been that bad." This reflects his optimism despite market fluctuations."
"The White House views the stock, energy, and bond markets as a means to indirectly communicate with voters, emphasizing the importance of economic stability in the face of international conflict."
President Trump is prioritizing efforts to stabilize financial markets during the intensifying Iran war. He has made social media posts to reassure the public about the economy, despite the S&P 500 declining and oil prices rising significantly. The White House is cautious in messaging about economic consequences, focusing on maintaining market stability. Trump's economic agenda relies on low fuel prices and strong investment returns, but public approval for his handling of the economy and Iran remains low, with only 38% and 35% approval ratings, respectively.
Read at Fortune
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