Trump Tells Stock Market: Going Down Was A ‘Big Mistake’

[sickwithsin]

https://talkingpointsmemo.com/livewire/trump-tells-stock-market-going-down-was-a-big-mistake

 

President Donald Trump said Wednesday that it was a “big mistake†that the stock market went down in recent days, though it wasn’t immediately clear whose judgment he meant to impugn. The White House didn’t immediately respond to TPM’s request to clarify the tweet.

 

Click here to view the Tweet

 

Trump appeared to be referring to the dramatic dip in markets that made international headlines on Monday, though that decline came in the context of record stock market highs over much of the past year.

The White House said after the sell-off began that the market’s fundamentals remain strong, and investors seem to agree.

Still, Trump has surfed the bull market for much of his presidency, and he’ll take the same credit for any downturns.

On Tuesday, a reporter asked White House press secretary Sarah Huckabee Sanders what the President made of the market’s multi-day volatility, “and does he have any regrets about taking responsibility or credit for the stock market’s rise?â€

“Look, the economy is incredibly strong right now,†Sanders responded. “The President’s focus continues to be on the long-term economic fundamentals, which, like I just said, are very strong in this country.

 

She added, rattling off economic bullet points: “There’s nothing that’s taken place over the last couple of days in our economy that’s fundamentally different than it was two weeks ago, and we’re very comfortable with where we are right now.â€

 

 

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How long until he tries to invite (the) Dow Jones to the Oval Office for a serious talk? 

[Kyrie]

Stock Market-ssi must be so scared right now.

[Mako Yagami]

Looooooooooooooooooooooooooooooooooooooooooooool

[Owlsarecool15]

But what is he gonna do to make it go back up?

[Frogurt]

Trump is a mistake.

[la vie est belle]

It’s not a person what in the world

[Yeriana Grande]

That'll show that stock market!

[Ddeona Oneul Bame]

[Nero_Kpop]

It's funny that stock market indices are his indicator to brag about, stocks increase the most when very rich people don't know what to do with their money. It's  not about economic boom or population well-being it's pretty much inflation, an increase just means that people with power thought it was the right time to gamble, then they sell, then they wait then they buy again in a loop.

[junmyeonsnoodle]

Stock Market-ssi must be so scared right now.

[lovelikewhitney]

 

Stock Market-ssi must be so scared right now.

 

[holahuz]

lol

[sugarplumfairy]

lmao

[Akaya]

He needs to sit the frick down

[PeachyKeys!]

What?

[#goddamnitkongwee]

It all depend whether the Fed wanna raise interest in dramatic way.