We tend to agree with Peter Schiff on this - it's a mistake for Trump to 'own' the stock market's gains...

Chances are, Trump realizes that most people won't look at a chart of the stock market and he just wants some good PR.

The president wants people to think that he is the reason for the stock market bubble.

This is a big mistake.

The Fed is the premier member of the so-called "Deep State". In fact, without The Fed, there would hardly be a "Deep State" to speak of.

The Fed sits at the top of the Deep State. They have the ultimate power (that no human beings should ever have) to create new money out-of-thin-air.

In case Trump hasn't figured it out yet, the Deep State does not like him.