- 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.
Why do old men on the internet always type in all caps?
BECAUSE IT MAKES IT STRONGER AND MORE FORCEFUL. SEE MY MASSIVE STRENGTH IN THIS POST?
swoons
Damn I’m wet nice papi
BIG STRONG WORDS MEAN YOU HAVE BIG STRONG HELMET
#RED ALARM!!!
NOT AS STRONG AS A HEADER!
CAPS LOCK IS CRUISE CONTROL FOR COOL
BECAUSE I CAN’T SEE WHAT I TYPE OTHERWISE HONEY I LEFT MY GLASSES IN THE BATHROOM AND MY KNEES WON’T GET ME BACK THERE ANY TIME SOON
To get to the other side?
Because it cuts the number of squiggly noise-shapes they (and followers) have to remember in half.