Key Takeaways
- Donald Trump expressed expectations for a peace deal between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy, signaling potential shifts in global diplomacy.
- Trump asserted that U.S. inflation has reached a "perfect" level, claiming there is "hardly any inflation at all," alongside a declaration of soaring 401(k)s and stock market performance.
- Aramco (2222.SR) has finalized a significant deal, securing a 51% stake in the Jafurah Midstream company, with the remaining 49% to be held by BlackRock (BLK)-led investors through Global Infrastructure Partners (GIP).
- Trump indicated plans to invite European leaders to a second, more important meeting, following an upcoming one.
- On border policy, Trump stated that Mexico and Canada comply with U.S. directives.
Former President Donald Trump made a series of significant statements today, touching on international relations, the U.S. economy, and domestic policy. Trump indicated that he anticipates a peace deal will be reached between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy. He further suggested that he might extend invitations to European leaders for a second meeting, which he believes will surpass the importance of tomorrow's scheduled discussions. Trump, however, declined to comment on reports regarding a potential offer of rare minerals to Putin.
Shifting to the domestic front, Trump offered a highly optimistic assessment of the U.S. economy. He claimed that inflation has plummeted to a "perfect" level, suggesting that there is "hardly any inflation at all." Concurrently, he highlighted that 401(k)s and the stock market are currently "soaring." Regarding border security, Trump asserted that both Mexico and Canada adhere to U.S. instructions.
In corporate news, energy giant Aramco (2222.SR) has finalized a substantial agreement for the Jafurah Midstream project. The deal sees Aramco taking a majority 51% ownership stake. The remaining 49% of the company will be held by a consortium of investors led by BlackRock (BLK) through Global Infrastructure Partners (GIP). This strategic partnership is expected to significantly impact the midstream energy sector.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.