President Donald Trump has spent the majority of his presidency bragging about the stock market under his leadership. But Monday saw the largest stock market drop in the history of the United States.
"The market will take care of itself," Trump promised, saying that it will be "strong" again after the virus is taken care of. But earlier in the press conference he said that they're anticipating anywhere from July to August before they can slow the infection rate.
Record Stock Market & Jobs!— Donald J. Trump (@Donald J. Trump)1576245182.0
In the “old days,” when good news was reported, the Stock Market would go up. Today, when good news is reported, th… https://t.co/mW5vEWhZYY— Donald J. Trump (@Donald J. Trump)1518015589.0
Stock Market up 5 months in a row!— Donald J. Trump (@Donald J. Trump)1504309658.0
The Economy is one of the best in our history, with unemployment at a 50 year low, and the Stock Market ready to ag… https://t.co/vDgv9LbNSp— Donald J. Trump (@Donald J. Trump)1547902290.0
Since November 8th, Election Day, the Stock Market has posted $3.2 trillion in GAINS and consumer confidence is at a 15 year high. Jobs!— Donald J. Trump (@Donald J. Trump)1488452441.0
Highest Stock Market EVER, best economic numbers in years, unemployment lowest in 17 years, wages raising, border secure, S.C.: No WH chaos!— Donald J. Trump (@Donald J. Trump)1501504080.0
The Stock Market went up massively from the day after I won the Election, all the way up to the day that I took off… https://t.co/hWukCMQKTe— Donald J. Trump (@Donald J. Trump)1561713138.0
Stock Market is heading for one of the best months (June) in the history of our Country. Thank you Mr. President!— Donald J. Trump (@Donald J. Trump)1561464719.0
When the market went down briefly, Trump blamed the Democrats, saying it was part of a conspiracy against him and his successful economy.
The prospect of Presidential Harassment by the Dems is causing the Stock Market big headaches!— Donald J. Trump (@Donald J. Trump)1542036849.0
The Impeachment Hoax is hurting our Stock Market. The Do Nothing Democrats don’t care!— Donald J. Trump (@Donald J. Trump)1572533850.0
The Stock Market is up massively since the Election, but is now taking a little pause - people want to see what hap… https://t.co/2B90NYNyxx— Donald J. Trump (@Donald J. Trump)1540902819.0
But the market closed Monday at a historic low of 2,997.10, nearly a 12 percent drop. It eliminated 96 percent of the gains since Trump entered office and began bragging about his stock market numbers.
Dow closes 3,000 points down, wiping out 96% of the gains of Trump’s presidency.— Peter Baker (@Peter Baker)1584389095.0