Trump now claims the stock market is rigged against him

As recently as last week, President Trump was bragging about how stock market gains he purportedly engineered were propelling an economic surge benefiting all Americans.

“[It’s] smashed one record after another, gaining $8 trillion in value,” Trump said during the State of the Union. “That is great news for Americans’ 401(k), retirement, pension and college saving accounts.”

The speech capped off a year in which Trump repeatedly linked the stock market’s steady rise — a rise that began under President Obama in 2009 — with the fortunes of all Americans, roughly half of whom don’t have any investments.

Link to tweet

Link to tweet

Link to tweet

But now, days after the largest single-day point drop in the history of the Dow Jones Industrial Average, Trump is claiming the exact opposite — that the stock market is rigged against him because it tanked in response to good economic news he helped engineer.

“In the ‘old days,’ when good news was reported, the Stock Market would go up,” Trump tweeted on Wednesday. “Today, when good news is reported, the Stock Market goes down. Big mistake, and we have so much good (great) news about the economy!”

Link to tweet

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