Most of the gains are gone. He takes credit when things are going well and takes no responsibility when they aren’t. Sad!
Goldman Sachs analyzed bear markets back to 1835, and here’s the bad news — and the good — about the current slump https://t.co/E2P2Wkr7CS
— MarketWatch (@MarketWatch) March 12, 2020
The US stock market has now wiped out the entire $11.5 trillion of value it gained since Trump's 2016 election victory https://t.co/YCRrBRvEbQ
— Business Insider (@businessinsider) March 12, 2020
dismissing Wall Street plunge today, Trump boasted: “stock market is still much higher than when i got here”
— John Harwood (@JohnJHarwood) March 12, 2020
he got there Jan 20, 2017
at today’s close, Dow is up 7.4% since then
recent predecessors over same period:
Obama +56%
GWBush -3%
Clinton +71%
GHWBush +43%
Reagan +19%
The stock market tumbled 10 percent on Thursday in its worst percentage drop since the 1987 crash #Covid_19 https://t.co/FdVFZq7Zjc
— POLITICO (@politico) March 12, 2020
“By one measure, the sell-off has erased all of U.S. market cap gains since Election Day 2016, wiping out more than $11 trillion in value in less than one month as measured by the Russell 3000 index” https://t.co/T4CtbORXg5
— Chris Lu (@ChrisLu44) March 12, 2020
The drop in the stock market today was the 4th worst fall in American history.
— Brian Klaas (@brianklaas) March 12, 2020
1. Oct. 17, 1987: -22%
2. Oct. 28, 1929: -13%
3. Oct. 29, 1929: -12%
4. March 12, 2020: – 10%
5. Nov. 6, 1929: -10%
Sad! 