In his own words: Trump takes credit for stock market rises but casts aside blame for sell-off
Over the last year, while President Joe Biden was in office, Trump took credit for stock market rallies as a vote of confidence in his electoral prospects. When the market dipped, he blamed Biden and Vice President Kamala Harris. And he predicted that if Democrats won the 2024 presidential election, the stock market would have crashed.
Trump takes credit for market highs, blames Biden for lows; A look at his shifting narrative
Washington: President Donald Trump has recently dismissed concerns over a potential recession and downplayed the stock market’s volatility, stating, “You can’t really watch the stock market.” This marks a shift in tone from a leader who has often linked the market’s performance directly to his own influence, even before returning to office.
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The S&P 500 has lost 4.5% so far this year, while the tech-heavy Nasdaq Composite is down 9.5% — bucking bullish calls ...
Buybacks have historically been an ace in the hole for companies looking to generate stock gains during lean times.
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