Trump doesn't seem to understand some key elements of the stock market rally - Foenaija - Home

Trump doesn't seem to understand some key elements of the stock market rally

- 9:05 am
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trumpCarlos Barria/Reuters

  • President Donald Trump tweeted Wednesday that a strong economy should be pushing stocks higher, and called the market's recent decline a "big mistake."
  • His tweet shows he doesn't fully understand the dynamics that drive and have been driving the stock market during his term.


Before President Donald Trump tweets any more about the stock market, perhaps a lesson is in order.

On Wednesday, the president addressed the equity market on Twitter for the first time since a brutal selloff that, at its darkest depths, saw more than $2 trillion of US market cap erased.

See the rest of the story at Business Insider

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