BluePerspectives

Donald Trump’s Old Stock Market Prediction Comes Back To Haunt Him

The bold claim of the former president has not aged well.

 The courageous assertion of the former president did not hold up well. The audacious claim of the original president did not hold up well. 

The bold claim of the former president has not aged well.

 

LOADINGERROR LOADING. The Dow Jones Industrial Average hit a record high on Wednesday and prompted critics of Donald Trump to remind the former president of previous comments he’s made about the stock market.. Then-President Trump warned voters during a 2020 presidential debate with now-President Joe Biden that the markets would “crash” if Biden won.. Advertisement. The MeidasTouch Network highlighted that claim in this video and contrasted it with Wednesday’s news:. Now that the Dow Jones just broke 37,000 for the first time in HISTORY, let’s remember what Trump predicted would happen to the stock market if Biden were elected. pic.twitter.com/rCpZJQ1cYC. — MeidasTouch (@MeidasTouch) December 13, 2023. Other detractors dug up Trump’s April 2019 post on X (formerly Twitter) boasting about the then-record-breaking market and complaining he was under threat of impeachment for trying to extort Ukraine in exchange for dirt on Biden.. “You mean the Stock Market hit an all-time record high today and they’re actually talking impeachment!?” he asked. “Will I ever be given credit for anything by the Fake News Media or Radical Liberal Dems?”. Advertisement. You mean the Stock Market hit an all-time record high today and they’re actually talking impeachment!? Will I ever be given credit for anything by the Fake News Media or Radical Liberal Dems? NO COLLUSION!. — Donald J. Trump (@realDonaldTrump) April 23, 2019. Wednesday’s new market record came as House Republicans voted to launch an impeachment inquiry into Biden, but centered on allegations that are yet to be determined.. While the stock market is not the economy and a rising index does not reflect economic hardships, and the markets could take a perilous turn on any day, X users took great delight in throwing Trump’s debate prediction right back at him.. Trump once said that if Biden is elected, “the stock market will crash.”. today, the Dow closed above 37K for the first time ever and the S&P is within striking distance of its all-time high. https://t.co/bysxNgoNxR. — j.d. durkin (@jd_durkin) December 13, 2023. there’s always a tweet https://t.co/O1YUO0LmFf. — Aaron Rupar (@atrupar) December 14, 2023. Advertisement. Didn’t Trump say the stock market will crash if Biden was elected https://t.co/Bvz37RSJ3e. — Wu Tang is for the Children (@WUTangKids) December 13, 2023. October 22, 2020: Trump says if Biden is elected, the stock market will crash.. December 13, 2023: the stock market reaches a new record high as the Dow Jones Industrial Average closes above 37,000 for the first time ever. pic.twitter.com/UGwklpL3Au. — Keith Boykin (@keithboykin) December 13, 2023. Trump said in 2020 that if Biden were elected the stock market would crash. The Dow reached an all-time high today.Just sayin’.. — Clyde Haberman (@ClydeHaberman) December 13, 2023. Donald Trump tonight: “If we’re not elected, we’ll have a depression the likes of which I don’t believe anybody has ever seen.”. Sounds familiar? Before the 2020 election, Trump said that if he’s not getting re-elected the stock market would crash.. Meanwhile, the GDP grew 5.2%… pic.twitter.com/0tpaxylbQA. — Republicans against Trump (@RpsAgainstTrump) December 14, 2023. BREAKING: The Dow Jones Industrial Average has just hit a new ALL-TIME High.. I remember when Trump literally held a press conference to take credit for the stock market hitting a record (below).. I’m not going to do the same for Biden. The US stock market has very, very… pic.twitter.com/PbHJp7GwX6. — Brian Krassenstein (@krassenstein) December 13, 2023. Advertisement. Support HuffPost. The Stakes Have Never Been Higher. At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked news that is freely accessible to everyone.. Our News, Politics and Culture teams invest time and care working on hard-hitting investigations and researched analyses, along with quick but robust daily takes. Our Life, Health and Shopping desks provide you with well-researched, expert-vetted information you need to live your best life, while HuffPost Personal, Voices and Opinion center real stories from real people.. Help keep news free for everyone by giving us as little as $1. Your contribution will go a long way.. At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked news that is freely accessible to everyone.. Help keep news free for everyone by giving us as little as $1. Your contribution will go a long way.. As the 2024 presidential race heats up, the very foundations of our democracy are at stake. A vibrant democracy is impossible without well-informed citizens. This is why HuffPost’s journalism is free for everyone, not just those who can afford expensive paywalls.. We cannot do this without your help. Support our newsroom by contributing as little as $1 a month.. As the 2024 presidential race heats up, the very foundations of our democracy are at stake. At HuffPost, we believe that a vibrant democracy is impossible without well-informed citizens. This is why we keep our journalism free for everyone, even as most other newsrooms have retreated behind expensive paywalls.. Our newsroom continues to bring you hard-hitting investigations, well-researched analysis and timely takes on one of the most consequential elections in recent history. Reporting on the current political climate is a responsibility we do not take lightly — and we need your help.. Support our newsroom by contributing as little as $1 a month.. Support HuffPost. Related. Donald TrumpJoe Biden 2024 election. ‘What Is Going On?!?’: Jimmy Kimmel Stunned By Trump’s Latest Money Stunt. Watch 2019 Mike Johnson Destroy His 2023 Biden Impeachment Spin In MSNBC Supercut. Billionaire Torches ‘Disgusting Human Being’ Trump, But Won’t Vote Biden

 

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