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Trump Declares U.S. 'Hottest Country' Amid Job Growth Slowdown

1/22/2026

Center

Trump's Economic Claims

U.S. President Donald Trump claimed the United States is the "hottest country" due to growth.
Job growth slowed to 584,000 in 2025, versus over 2 million under President Joe Biden.
The S&P 500 rose 13% in Trump's second year, below gains under prior presidents.
On the anniversary, Wall Street sold off amid fears of a Europe-wide trade war, with inflation at 2.7%.

Right

Moynihan Boosts Forecast

Bank of America raises its 2026 GDP growth forecast from 2.6% to 2.8%.
CEO Brian Moynihan, speaking in Davos, Switzerland, attributed the revision to positive consumer spending patterns and solid credit conditions.
He said the U.S. economy is showing resilience that investors may not fully recognize.
This bullish view contrasts with concerns about job growth and economic disparities highlighted in analyses of U.S. President Donald Trump’s second term.

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Trump's Economic Claims

U.S. President Donald Trump claimed the United States is the "hottest country" due to growth.
Job growth slowed to 584,000 in 2025, versus over 2 million under President Joe Biden.
The S&P 500 rose 13% in Trump's second year, below gains under prior presidents.
On the anniversary, Wall Street sold off amid fears of a Europe-wide trade war, with inflation at 2.7%.

1 / 2