President Donald Trump tried another way to convince Americans with how important that he gets another term in office.. this time he warned that the U.S. would face an epic stock market crash if he’s not re-elected.
“If anyone but me takes over ,there will be a Market Crash the likes of which has not been seen before” , Trump twitted.
Today, Trump has officially launched his 2020 campaign with a rally in Orlando, Florida, and appears to be road-testing some of the themes he’ll be touching on in the next 18 months, including stoking fear of a market meltdown. “Tuesday will be a Big Crowd and Big Day,” he said in another tweet.
In a previous, and relevant, comments, Trump also tweeted, in February, that “had the opposition party” won in 2016, “the Stock Market would be down at least 10,000 points by now” — an unprovable assertion. And in January he said that if “you want to see a Stock Market Crash, Impeach Trump.”
According to media reports, the benchmark S&P 500 index made a record high in early May before slipping in the face of Trump’s stepped-up trade war with China. The more narrow DJIA, whose performance Trump likes to reference, last peaked more than eight months ago, on October 3.