"The stock market is up 80 percent," Trump said."In some cases much higher than that. 401s are at record levels." But if you look at the Dow Jones Industrial Average, it was up by 56 percent on Feb. 22 compared with the date of Trump's election. Some of those gains were erased in the past week.
"And we've set 144 records on the stock market in 3 years. 144 records!" Trump said in Phoenix last month. It's easy to get caught up in the exuberance of a rising market, said Matt McDonald, a partner at Hamilton Place Strategies, a political and economic consulting firm. "I just think everybody — whether you are an investor or whether you're an ordinary Main Street person — people should not overreact," Kudlow told reporters.
And he was right... record day for the markets! winning
Basically whatever DNC fake news mouthpieces report on Trump can be ignored or mocked
He’s silent because a cornerstone of his admintration’s economic prosperity has tanked due to something that he can’t bully or control: a virus!
😂😂🤔The Obama effect is over. If a guy can bankrupt a casino or 3, bankrupting a country should be easy. Trump and his advisors have no ability to think or act strategically in best interests of America
Even with losses it's still triple gained over Obama. It's fact.
Of course he has. I don't think any of us expected a response.
The worst 10 losses in history are under Trump, before the virus, hopefully this helps take him down and to jail!
Gee, could Dems running around screaming that the sky was falling and the world was ending d/t carona virus, warning that the world economy was going to tank have ANYTHING to do with market instability?
There you have it! Markets don’t need us. They can take care of themselves! Wrong, again Mr Trump! Markets need customers.
He obviously doesn't know that what goes up must come down.
Maybe because no one has control over a collapse due to global pandemic? It will bounce right back.
Claiming responsibility goes both ways.
And the Democrats couldn’t be happier about the market crash- politics over people’s retirement, I hope they fail, and miserably
Yeah! Where is your magic touch, Trump?
Media’s goal of hyping this up. They will come back soon you hacks.
Today's democrat talking point from a so called news outlet NPR
Yet the market is still doing well...thanks to how well it's done under his management. You've been waiting three years to attack him on this market that keeps going up. This is the best you got?
Your statement is just not true. You lie to promote your agenda. Trump said the markets are strong they will recover/
What do you want him to say then, hey great market run, now haha, look at you? like that? It's not us spreading the virus originally, seriously NPR.
NPR has been hiding from the record market growth but when there is just a few down days they have broken their silence. See it works both ways you partisan hacks.
Of course. Always takes credit for the good and shirks responsibility for the bad. Always.
enidlogan Trump has no Coronavirus plan, no experts, no cross agency coordinators. The result is no tests, failure to identify exposures during the vital beginning of the spread. All America is Puerto Rico,abandoned in an emergency to fend for ourselves. Welcome to Kleptocracy GOPrevolt
the economy is good. we're still working and buying, we're just buying more Amercan not and the market has to realign
Invisible hand of the free market and all that.
Trump fixing social security is killing old people with coronavirus. Vote him out.
Chinese government releases deadly virus, let's make it about Trump.
The Dow set another record last Thursday: the largest point drop ever in a single day. Trump isn't boasting about that one. realDonaldTrump
Uhhhh, yeah? And? We're in a global pandemic panic. All markets are plunging. What are the requirements to write for NPR, a semester at Bard?
The market routinely goes up and down. 12% down is not that much. 3000 points makes a better headline though.
Actually Obama just recently took full responsibility for the current stock market trajectory, looking forward to your article on that
Same with the Biden investigation. He’s been silent about that too since Bernie became the front runner. Now that Biden might be a threat again he’ll start up with that again. It’s all a bunch of crap with him. Just campaign bullshit.
JeffHaspel It's called the TrumpSlump
If they take care of themselves, why do you constantly claim credit for them?
85,000 Chinese (out of 1.4 BILLION!) get the flu, panic sets in and the stock market collapses.
Coronavid19 is another club to hit Trump with. When everything Trump does is bad, then nothing is bad. The public no longer takes media reports seriously, so how will we know when some genuinely bad news is real?
The 8 largest Dow Jones drops in our history: 1. Trump, 2/27/20 -1,191 2. Trump, 2/5/18 -1,175 3. Trump, 2/8/18 -1,032 4. Trump, 2/24/20 -1,031 5. Trump, 2/25/20 -879 6. Trump, 10/10/18 -831 7. Trump, 08/14/19 -800 8. Trump, 12/4/18 -799 Tired of winning yet? TrumpSlump
In 2015 the average Dow was $17.5K, even though it is slipping because of the fear of COVID-19, it still has a long way to go About $7.5K. The fear will pass, it's typical.
'The stock market this week posted its largest point loss in history, which a lot of people are now referring to as the 'Trump slump.' So now all these people are coming up & saying, 'Trump Slump' & everyone is talking about this 'Trump Slump.' And how there's a 'Trump Slump.' '
Make a flu political, this is funny shit right here.
NPR still boasts about being a legitimate source of news when they are nothing more than a publicly funded media office for the Democrat Party. Thank you and keep up the fine work, President Trump. Four more years!
NPR, smug and self-righteous as always.
I guess the point is: Stock market crashing == another win for the left. Am I getting it right? New to this media thing.
It took a world wide natural disaster, of which he had no control over, to slow it down.
Most presidents are smart enough not to take too much credit for stock market gains because they know if they do they'll have to take blame for them going down. Trump is too stupid to realize this.
Been shorting Tesla all week - Dem fear-mongers made me a freaking fortune.
These comments are basically a draft board for reasons NOT to blame this on Trump. Of course he had no control of CV19; but he totally screwed his response... aaaannnddd it sucked! Markets are just responding to incompetence. Even the markets think he is a liar. ‘cause he is
Well duh. If the market were reacting to *his* policies then it would be a risk to his reelection. But since it is just fear of uncertainty over the virus and media hype, it is understandable. Keep trying though.
Why does relish in every conflated negative thing that happens in & around realDonaldTrump. All while never mentioning anything positive. It is like their is a inherent & systemically ingrained bias afflicting all . TDS is real and all suffer from it.
This is idiotic. Of course the market will go down during a pandemic that is stopping much manufacturing and shipping worldwide. And why would any president trumpet such a thing? This 'story' is pointless and silly on its face, and you are further damaging media credibility.
For people that don’t know this already... the stock market is not the economy!!! The economy has grown at 2% since the financial crisis.. markets have grown closer to 13% It’s not real, nor sustainable without cheap money. debt thefed economics
Hold on, someone boasted about success but not about loss? Mind blowing journalism.
NPR = never praises Republicans. So fucking one sided.
why do tax payers fund this democrat shit?
It’ll come back. But you celebrating this is pathetic
Man... sucks being ass bro realDonaldTrump
I noticed ever since President Obama came out last week taking credit for the stock market boom the market tanked.
Trump leading us into a recession or depression
I'd pay real money if he'd shut up.
Who is spear heading the coronavirus fears Who is stoking public fear
well duh...
Ultron has not been silent about the stock market, he's blaming everyone but himself, because as he says he has no control over the markets, thus the horrendous drop is not his fault. Thanks to all of you idiots who voted for this moron, because we told you so.
In 2009, 20K became sick and 1K died before the government did anything substantial to deal with it. Where were you?
Really? Since when has a fact influenced Trump or his base?
Why does it sound like your taking pleasure from millions of people losing money in their 401k's? And btw....it didn't wipe out what we've made in the last 3 yrs.
NPR on board with the bash Trump during a global crisis.
Funny how that happens. What does he say about the highest deficit since Bush? voteblue
He is way behind Obama’s market gains for his first 3 years now. He was behind even before the trumpslump
Time to defund NPR....
NPR the voice of deceitful democrats.
Well, sure. The market is in a panic over the uncertainty about the potential impact of the virus. Have to let it play out.
November 7, 2016 DOW at 18,847. Enough said. Go away. Trump 2024
propaganda is funny, , poor Democrats see the writing on the wall. Who to vote for a communist; or possibly a senile, the other two candidates are crazy vote for me and my hard to pronounce name, or a lady that lies so much she doesn’t even know her nationality.
Well geez... Mulvaney said NOT to panic INVESTORS. Don’t panic the investors?! We the People are number ONE, not the investors! Wowwwww...
He can’t control this virus and how investors feel about it, this isn’t his fault that the economy is down especially when it’s been up throughout the rest is his presidency
Of course the markets will rebound eventually. This will pass and isn’t indicative of long term losses. It’s a product of slowing supply, not demand. Trump wouldn’t have to save face or walk back anything if he wasn’t so braggadocios about every single thing. Humble yourself.
Trump2020Landslide How about some legitimate news?
Yep, how's that 401K doing...? Are we better off than before trump gained the highest office of the country under outside help from Russia, and his good friend Putin...? Will trump do the same this next election..?
WTH do u want him to say? This is after all what the MSM & their bosses the Dems have been pushing anyway right? Fear to drive down the markets
Surprise
Corrections aren’t worth his attention.
'The markets will take care of themselves'
Giving him Adam Smith's invisible finger.
TrumpSlump
Soooo what do you want him to say.... coronavirus is totally out of his policies/ control... and this is fake he menyioned the stocks when talking in his first press about the virus
😂😂😂😂😂 glad the wealthy are losing money No one os above the Lord ....My ways are not your ways saith the Lord Our God !!!!! 😂😂😂😂😂😂 loose money you dirty rats
Has nothing to do with the long term economy. The US economy is just fine. But NPR is FakeNews
A TREMENDOUS SPEED
Well, all the gains he was boasting about in the last two years, are completely wiped out. Dow was higher in Jan 2018 than today.
Or he blames the democrats. Ignore him.
WHAT DID THAT IDIOT TRUMP DO TO THE STOCK MARKET
ok
WOW stellar reporting! Definitely worth your time!
Not so flattering, I imagine.
Of course - No one faults the man for a global virus.
You know who else said that? Hoover in 29 and Bush in 08...lmao
I’m beginning to think this guy has no fucking clue what he’s doing.
Nothing anyone can control or significantly influence at the moment as systems and human behavior is the market and it is currently being impacted by fear and misinformation both politically and chaos in society
That’s what happens when we take financial planning advice from politicians..
As always lying and twisting information
Trump is absolutely correct. The losers in this game are the ones that are selling. This is your chance to buy a dollar for 75 cents.
JohnMTalmadgeMD Trump knows shit about stocks
JohnMTalmadgeMD ETTD
Making America great again .. SAD!
What do insurance companies insurance policies, cover, in gambling your future, if , it involves stocks ? ? Who is safe ,riding out big losses?
JohnMTalmadgeMD He's able to bankrupt casinos. Maybe it's time to lower our expectations for old Don.
Trump’s a pathological liar
What about the middle and poor class market?
StockMarket Pence-puppet appointed to contain coronavirus while virus of lies, blame-game, denial and contradictions afflict corruption White House. Americans have been suffering for 3+ years and if many Americans die now, blood on hands of Trump Family
is sinking into BuzzFeed level of trash with this garbage reporting. fakenews
He really has his finger on the pulse of America.
How many lies recorded from BOZO, so far?
Top 8 Largest Dow Jones Drops in American History. 1) Trump: -1,191 2/27/20 2) Trump: -1,175 2/5/18 3) Trump: -1,032 2/8/18 4) Trump: -1,031 2/24/20 5) Trump: -879 2/25/20 6) Trump: -831 10/10/18 7) Trump: -800 8/14/19 8) Trump: -799 12/4/18 WINNING.
Same was true for Obama, except that down turn lasted over 6 years!
It looks good to him because the prices are lower and he can invest.
Parasite bot!
The boys in the back look as if they’re holding back tears of astonishment at Dufus’ words.
DougKass Convinced that he is a terrible business person yet?
LibsInAmerica And They’ll be fine after you’re gone.
And.... not because of Trump. Because of communist China the hero State of Bernie Sanders. NPR, the new liberal propaganda bullhorn for the DNC.
LibsInAmerica TrumpSlump TrumpCrash TrumpVirus
LibsInAmerica LiarInChief
ImpeachedAndNotExonerated StockMarketCrash2020 TrumpStockMarketCrash LiarInChief IMPOTUS
Said the man who bankrupted a Casino.
He is trying to reassure investors so the market would stabilize. What is the point of running this as a story with this headline when you already know the President has to try to create calm for the well being of the economy and the American people?
Stock market is looking very good to me also. I buy low and hang on for the ride. Winner!
Yup, great time to buy. As soon as the overblown Corona virus breaks, stocks are going to soar again. Buy now people!
The MoronAvirus cares more about Wall Street than the public health of Americans!
Reality is the polar opposite of whatever realDonaldTrump says.
1/Volatility is normal & often a positive for the market. Pullback from Coronavirus would bring the valuation of the market more in line with long term avg (16.3x earnings). Combined w/ recent positive earnings results, analysts raised their forecasts...
Yet Apple is still up 24% from a year ago. Tesla is still up 46% from a year ago.
He’s running for office....
Maybe he was looking at it upside down
TrumpSlump
WE MUST STOP OUR DEPENDANCE ON CHINA. MADE IN AMERICA WILL BE GOOD FOR THE STOCK MARKET
Hey all you dufuses; this is a great buying opportunity. Good time to re-balance.
Now trump can’t use the stock market as one of his few accomplishments.
He was talking about buying the 'dip and selling the rip', you dummy. If you don't know much about the market you should look it up.
... ass hat ...
MAGA looks like making America great again starts with removing the party in office that has tanked the stock market both times they’ve had the chance to this millennia
Thanks NPR. Dow changes related to corona virus are not fault of Trump-Pence administration. The increasing national debt & deficit is due to the fiscal policies of Trump-Pence administration.
Ronald Reagan said the same about the deficit
ettd
Hilarious. Morons cheering for this. I thought this was Obama's economy?! Which is it dopes? It's 15,000 over Obama's last term and will break 35,000 as so as this media fueled panic is done.
“A lie can travel half way around the world while the truth is putting on its shoes.” - Mark Twain
Well, the dementia isn’t helping him.
More people die a year from tobacco n alcohol so I dont not believe corona is a threat period.
To be fair . When the media pushed false narratives and tries to cause a panic of course stocks will be hit when you overplay a minor crisis into a major crisis you scare investors. This is why dems are calling it a crisis even though
Anyone taking stock tips from the lying liar who lies deserves to be parted from their money.
Evidently, 'good' is relative
BAHAHAHAHAHAHAHAHAH. 3 years ago stock market at 19000+, last week high was 29000+, called a correction. Nice try libs.
Dear NPR: your bias keeps showing, please delete your account or stop using our tax dollars for left wing propaganda
PAY ATTN AMERICA [and world]. Trump lies, manipulates, and thinks delusionally.
If you take stock advice from POTUS...
DougKass MAGA2020Landslide
One thing for certain he’s always the smartest guy in the room Or not Never forget he was positive that buying the Dallas cowboys was a very bad decision Jerry Jones laughing all the way to the bank
It's looking good now because the billionaires will buy back on the cheap. Middle Class investors and pension funds will be scrambling to try to recover losses.
stock market will rebound in the coming weeks and some people will make a lot of money
We in the Real World know it's FAKE NEWS that caused this in the Stock Market!
He sold his stocks weeks ago?
Irrational exuberance at its finest. 🤦🏻♂️
Making America Great Again
Stocks will rally. Break 30,000 by mid to late summer... Just in time for election.... Cheers!🎉
ETTD
I mean, he is terrible with his money..
The easiest thing to do, is associate yourself with something good that you had absolutely nothing to do with.
Which stocks does he own?
Trump loved the 2008 stock market drop, remember he bragged about how much money he made? Same here, just buy the dip, all the big players know the stock market is rigged anyway.
I think you're missing the point, the stock market is an excellent buying opportunity!
Also... realDonaldTrump strongly suggested what a POTUS should do in the event of a pandemic in 2014 I wonder why he isn't taking his own advice? coronavirus
Blistering incompetence.
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