The Stock Market Doesn’t Matter

You’d have to be hiding deep under a rock, with the president of the United States’ Twitter account on mute, not to know that the stock market had some good days at the end of last year and beginning of this one.
“Stock Market just hit another record high! Jobs looking very good,” he tweeted in October. “Stock Market hits new Record High. Confidence and enthusiasm abound,” he gushed in November. “Things are going really well for our economy,” he enthused in December. “Stock Market hit another RECORD HIGH, unemployment is now at a 17 year low and companies are coming back to the USA. Really good news, and much more to come!”
“All signs are that business is looking really good for next year,” he predicted the day before Christmas. “Will be a great year for Companies and JOBS! Stock Market is poised for another year of SUCCESS!”
At first, it seemed his market forecast was right — and as it soared in the first month of 2018, so did his tweets. “Yesterday was a big day for the stock market,” Trump tweeted in mid-January. “American business is hot again!” He took credit for the stock market at least 25 times last month. Read more…
You must be logged in to post a comment.