Trump has said: "I think the markets are gonna soar"

Trump Shifts Stance on Stock Market as Recession Fears Grow

In recent days, President Donald Trump has downplayed recession concerns and brushed aside the stock market sell-off, even stating, “You can’t really watch the stock market.” The comment marks a notable shift from a leader who has long linked the market’s performance to his own success, both in and out of office.

Over the past year, while President Joe Biden was in office, Trump frequently credited market rallies to investors betting on his return. When stocks fell, he blamed Biden and Vice President Kamala Harris. He also warned that a Democratic victory in 2024 would cause a market collapse.

Trump’s Stock Market Commentary Over the Past Year

January 29, 2024 – Truth Social

“THIS IS THE TRUMP STOCK MARKET BECAUSE MY POLLS AGAINST BIDEN ARE SO GOOD THAT INVESTORS ARE PROJECTING THAT I WILL WIN, AND THAT WILL DRIVE THE MARKET UP — EVERYTHING ELSE IS TERRIBLE (WATCH THE MIDDLE EAST!), AND RECORD SETTING INFLATION HAS ALREADY TAKEN ITS TOLL. MAKE AMERICA GREAT AGAIN”

March 12, 2024 – Truth Social

“High Interest Rates and Inflation are choking our great middle class, and ALL, our Economy is bad, and our Stock Market is rising only because Polls are strongly indicating that we will WIN the Presidential Election of 2024.”

April 25, 2024 – Outside Court in New York

“The stock market is, in a sense, crashing. The numbers are very bad. This is Bidenomics. It’s catching up with him. It’s lucky that it’s catching up before he leaves office as opposed to after he leaves office.”

May 15, 2024 – Truth Social

“Thank you to Scott Bessent, one of the Great Prognosticators on Wall Street! There are many people that are saying that the only reason the Stock Market is high is because I am leading in all of the Polls, and if I don’t win, we will have a CRASH of similar proportions to 1929. I agree, but let’s hope we don’t have to worry about that!”

May 18, 2024 – NRA Event in Dallas, Texas

“We are a nation whose stock market's continued success is contingent on MAGA winning the next election.”

July 16, 2024 – Truth Social

“Dow Jones UP 742 based on the fact that the Market expects a TRUMP WIN in November! Nice compliment — Thank you!”

August 4, 2024 – Truth Social

“STOCK MARKETS CRASHING. I TOLD YOU SO!!! KAMALA DOESN’T HAVE A CLUE. BIDEN IS SOUND ASLEEP. ALL CAUSED BY INEPT U.S. LEADERSHIP!”

August 14, 2024 – Rally in Asheville, North Carolina

“If Harris wins this election, the result will be a Kamala economic crash, a 1929-style depression. 1929. When I win the election, we will immediately begin a brand new Trump economic boom. It’ll be a boom. We’re going to turn this country around so fast. Many people say that the only reason the stock market is up is because people think I am going to win.”

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