The stock market, which took a hit Monday, is not reacting to the “unbelievable” strength of President Donald Trump’s economic agenda, senior White House economic official Peter Navarro told CNBC.Equities tanked Monday as fears of a possible trade war and regulation of the tech industry weighed on investors.In an interview with “Closing Bell,” Navarro said Trump’s “singular focus is on economic growth, rising wages and a strong manufacturing and defense industrial base.””If we hit all points … the market will go up.”
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Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.