The not very healthy growth of the stock market is also reported by the published JOLTS (number of newly opened jobs), which showed a significantly different picture, as according to the data the US labor market hit the brick wall. Because, according to JOLTS, the traditionally popular labor market report of the former FED Governor Janet Yellen, in December, jobs grew by an incredible 354,000, but this figure was subsequently revised downwards, from $ 6,787 million. to 6.423 million, the lowest monthly total since December 2017. This leads to a two-month drop to a record 938,000 in the last two months of 2019.
Macroeconomic indicators in America are not bad at all, but what would happen if the Fed stopped buying up government securities? In one day will it redeem them all and will it gradually move to bonds with higher maturity or will the financial market fail? If current policy persists and Trump wants to have higher preferences, the stock market scenario will not allow the stock market to fall, as this would mean that saving US citizens by owning predominantly shares would suffer losses in value.