Trump Commits Gravest Of All Stock Market Errors – Again.
I often cut President Trump some slack and have given him ample time to prove that he more than just talk. However, this morning's Tweet is pure stupidity and in grave error. This is Mr. Trump's tweet from just a few moments ago.
Stock market hits new high with longest winning streak in decades. Great level of confidence and optimism - even before tax plan rollout!
Stupidity, pure and simple. Most politician know NOT to take credit for the stock market going up, because surely as hell, one day it will go down.
With the stock market selling at one of the highest valuation levels in history Mr. Trump has taken credit for the run up. He will now bare responsibility for its eventual collapse.
But, it gets worse. I am sorry Mr. Trump, but you haven't done dick yet. Your tax plan, your stimulus, your infrastructure spending and everything else is just talk at this unfortunate juncture. Work more - talk less.