Trump’s tweets bragging about rising stock prices now sound insane, which is why politicians wisely avoid commenting on the markets
At one point on Friday, February 9, the Dow Jones Industrial Average fell to its lowest level since late November, before rebounding. Since January 26, the Dow Jones has fallen nearly 10%, the first significant drop in stock prices since Donald Trump moved into the White House.
Before the downturn, Trump regularly liked to take credit for rising stock prices – since the election, he has tweeted and retweeted more than 50 times about the market surge. But that’s the danger of bragging about highs. Eventually, you will need to own the stockings. This is why most political leaders wisely avoid commentary on the stock market.
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So here are all of Trump’s tweets bragging about the stock market’s rise, plotted against the Dow Jones as it fell at each corresponding level, from Jan.26 to the index’s intraday low on Friday.
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