During his first time in office, Trump is well-known for using the stock market as a gauge of his popularity and success.
Donald J. Trump posted on Truth Social his opinion on the stock market. This was later shared by @Mario Nawfal on X. The post said, “TRUMP: STOCK MARKETS CRASHING!!!
“STOCK MARKETS CRASHING. I TOLD YOU SO!!! KAMALA DOESN’T HAVE A CLUE. BIDEN IS SOUND ASLEEP. ALL CAUSED BY INEPT U.S. LEADERSHIP!”
Source: Truth Social”
The stock market has long been seen by former President Donald Trump as a predictor of success. He frequently boasted about the “beautiful” stock market he oversaw while in office, praising its record highs.
During Biden’s presidency, the stock market saw a rise in trend but also considerable volatility. In 2021 and 2023, the benchmark S&P 500 produced outstanding returns of 28.7% and 26.29%, respectively. A bear market was positioned between them, with the S&P 500 experiencing a 25% decline in 2022 at its lowest point.
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