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Trump Tries To Take Credit For Booming Stock Market—And The Reasoning Is Bonkers Even For Him

Donald Trump; Joe Biden
David Becker/Getty Images; Sean Rayford/Getty Images

Donald Trump was widely mocked for claiming 'the Trump stock market' is booming because he is doing well in the polls.

Amelia Mavis Christnot
By Amelia Mavis ChristnotJan 30, 2024
Amelia Mavis Christnot

Amelia is an Oglala Lakȟóta, Kanien'kehá:ka Haudenosaunee and Métis Navy brat who settled in the wilds of Northern Maine. A member of the Indigenous Journalists Association, she considers herself a proud Maineiac.

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The presidential election is slated for Tuesday, November 5, 2024. With less than 10 months before Americans head to the polls, the candidates are sharing their accomplishments.

Or sharing their opponent's accomplishments and claiming them as their own.

On Monday morning, former Republican President Donald Trump took to Truth Social to post an all-CAPS screed taking credit for the current stock market boom.

The "presumptive" GOP presidential nominee posted:

"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!!!"

@realDonaldTrump/Truth Social

The Biden-Harris campaign noted Trump’s endorsement of the economic growth during their administration.

Biden-Harris HQ posted two pieces of media on X, captioned:

"Left: Trump in 2020 claiming the stock market will collapse if President Biden wins"
"Right: Trump today desperately trying to take credit for the stock market hitting record highs under President Biden"
 

Others also noted Trump’s desperate bid to take credit for the current economic gains after the economy tanked and the federal deficit grew during his time in office.


 

@Buttafly1010/X


 

@BettyBowers/X

@whereami345/X


@ProjectLincoln/X

@acnewsitics/X


@krassenstein/X

A Biden parody account even weighed in.

In a dig that didn't come from Dark Brandon, the post declared:

"Folks, the economy is doing so well that the losing former President is literally trying to take credit for it."

@jacquie_rn/X

On Friday, United States stocks hit a record high for five straight days and a 12th winning week out of 13.

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