- Former President Donald Trump tried to take credit for the stock market’s gains under President Joe Biden.
- Trump claimed that investors are betting he will win the 2024 presidential election.
- Key stock market indexes have hit record highs this year, while a series of positive economic developments have tamped down fears of a recession.
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Former President Donald Trump on Monday admitted that the stock market is on the rise under his successor, President Joe Biden — but Trump still tried to take credit for it.
“THIS IS THE TRUMP STOCK MARKET,” Trump claimed in an all-caps Truth social post, “BECAUSE MY POLLS AGAINST BIDEN ARE SO GOOD THAT INVESTORS ARE PROJECTING THAT I WILL WIN, AND THAT WILL DRIVE THE MARKET UP.”
Trump cited no evidence to back up the claim that investors are buying into the stock market now in anticipation that the Republican ex-president will beat the Democratic incumbent in an election nearly 10 months away.
A spokesman for Trump did not immediately respond when asked if he could provide sources to support Trump’s claim.
The Dow Jones Industrial Average swelled to 38,000 for the first time Jan. 22, marking a 1,000-point jump in just 40 days. The S&P 500 hit a record high Jan. 19, which confirmed a new bull market.
So correct me if I’m wrong but Trump believes:
The stock market at the beginning of the Trump Admin was good because of Trump
The stock market at the end of the Trump Admin was bad because of Obama
The stock market at the start of the Biden Admin was bad because of Biden
The stock market at the end of the Biden Admin was good because of Trump
Is that right?
Look, he’s not the brightest bulb in the box, ok?
He’s not even an intact bulb. He’s the broken pieces you clear out of the box when you open it and realize one has shattered.
He could even be that dead bug in the bottom of the light fixture.
And we all wonder how the hell it got in there.