Trump appears set to use stock markets — which also rose steadily under his predecessor, Barack Obama, after a thumping during the Great Recession — as a selling point during This specific year’s midterm elections in addition to his re-election campaign in 2020. Since Nov. 8, 2016, the Dow in addition to S&P have climbed about 30 percent in addition to 22 percent, respectively.
Obama also promoted stocks during his re-election bid in 2012, although much more sparingly than Trump did during the first year of his presidency. In October 2012, one of Obama’s verified Twitter accounts tweeted a quote by a campaign stop in fresh Hampshire, in which he said “the stock market has nearly doubled” since he took office.
Here are some of Trump’s tweets about the stock market since he won the 2016 election:
Dec. 26, 2016: Trump’s first attempt to take credit for stock market gains came within two months of his election. The then-president elect said the globe was “gloomy” in addition to had “no desire” before he got elected president.
“right now, the market is actually up nearly 10%,” he wrote.
Feb. 16, 2017: In his first tweeted mention of stocks since his inauguration, the president trumpeted a “fresh high” for the market in addition to a “great level of confidence in addition to optimism” — “even before” the GOP passed its tax plan into law last year.
July 15: Throughout last year, Trump repeatedly touted stocks when policy victories eluded him, or stories about the probe into Russian efforts to influence the 2016 election were prominent on cable news or in newspapers. In July, he tweeted of which the stock market “hit another all-time high yesterday — despite the Russian hoax story!”
Nov. 7: In November, Trump explicitly linked a stock market record to his administration’s policies.
“There is actually great confidence inside moves of which my Administration is actually doing,” he wrote.
Dec. 31: At the end of last year, Trump claimed of which stocks would likely have fallen 50 percent by their Election Day values if rival Hillary Clinton got elected.
“right now they have a great future — in addition to just beginning!” he added.
Jan. 5: Early This specific year, Trump claimed of which a rapid rise inside Dow is actually “all about the Make America Great Again agenda!”