When I saw Trump’s tweet below last night my head nearly exploded. A number of interesting question proceeded to flood in…… Is he for real? What kind of a freaking moron would claim ownership of the Dow’s daily move? Did he forget the Dow dropped 1,400 points last week alone and 3,000+ points since its top in January?
MAGA?
The same logic would suggest Mr. Trump will take ownership of every single bounce the market will stage on the way down. The Dow at 20,000 – MAGA, 18,000 – MAGA, 15,000-MAGA, etc…
You get the picture. My view is rather simple. President Trump is a fool who has no idea how financial markets work or what comes next. Perhaps the real idiot here is yours truly, for voting for the guy in 2016.