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‘Big Mistake’: Trump Lashes Out At Stock Market After Falling More Than 2,000 Points

NEWS

‘Big Mistake’: Trump Lashes Out At Stock Market After Falling More Than 2,000 Points




President Trump made his first public comments on Wednesday days after the Dow Jones industrial average suffered its largest single-day point drop in history.

Trump, who has frequently taken credit when the stock market reaches new record-highs, told investors they were making a “big mistake” by selling their stocks.

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



The Dow fell more than 2,000 points from midday Thursday to Tuesday morning due to fears that a growing economy will raise inflation and lead the Federal Reserve to increase interest rates.




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