363
submitted 10 months ago by MicroWave@lemmy.world to c/politics@lemmy.world
  • Former President Donald Trump tried to take credit for the stock market's gains under President Joe Biden.
  • Trump claimed that investors are betting he will win the 2024 presidential election.
  • Key stock market indexes have hit record highs this year, while a series of positive economic developments have tamped down fears of a recession.

——-

Former President Donald Trump on Monday admitted that the stock market is on the rise under his successor, President Joe Biden — but Trump still tried to take credit for it.

"THIS IS THE TRUMP STOCK MARKET," Trump claimed in an all-caps Truth social post, "BECAUSE MY POLLS AGAINST BIDEN ARE SO GOOD THAT INVESTORS ARE PROJECTING THAT I WILL WIN, AND THAT WILL DRIVE THE MARKET UP."

Trump cited no evidence to back up the claim that investors are buying into the stock market now in anticipation that the Republican ex-president will beat the Democratic incumbent in an election nearly 10 months away.

A spokesman for Trump did not immediately respond when asked if he could provide sources to support Trump's claim.

The Dow Jones Industrial Average swelled to 38,000 for the first time Jan. 22, marking a 1,000-point jump in just 40 days. The S&P 500 hit a record high Jan. 19, which confirmed a new bull market.

you are viewing a single comment's thread
view the rest of the comments
[-] GiddyGap@lemm.ee 48 points 10 months ago

It's hard to believe anyone's actually voting for this dumbass.

[-] Fuzzy_Dunlop@lemm.ee 30 points 9 months ago

Not for me. After nearly 20 years in retail, I can safely say that at least half the people out there are dumbasses. I'm sure that they'd vote for one of their kind.

[-] Asafum@feddit.nl 1 points 9 months ago

Not when you consider the people that are voting for him consume very specific propaganda that paints him as the perfect saint, self-made business man and paint his opposition as literal baby murderers and psychotic gender crazy karens. To them it's absolutely rational and anything bad he ever did or said didn't actually happen, it's just "liberal media" lying.

I hate that there are multiple versions of "reality"...

this post was submitted on 29 Jan 2024
363 points (94.8% liked)

politics

19126 readers
3800 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 1 year ago
MODERATORS