Trump claims credit for booming stock market — but 'everything else is terrible'
Donald Trump shows passion while delivering a campaign rally speech at the Mohegan Sun Arena. (Evan El-Amin / Shutterstock.com)
January 29, 2024
Donald Trump tried to take credit for the booming stock market more than three years after leaving office.
U.S. stocks set a record high for five straight days, following 12 winning weeks in the last 13, and the former president insisted in an all-caps post on Truth Social that he deserved the credit.
"This is the Trump stock market because my polls against Biden as so good that investors are projecting I will win, and that will drive the market up," Trump posted. "Everything else is terrible (watch the Middle East), and record-setting inflation has already taken its toll. Make America Great Again!!!"
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A recent analysis found that President Joe Biden held an advantage over Trump in overall job growth, manufacturing jobs, GDP growth, and exports, while the former president's term saw better stock market performance, real-income growth and low inflation.