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Trump attempts to take credit for stock market record highs under Biden
CNBC ^ | 29 January 2024 | Kevin Breuninger

Posted on 01/29/2024 3:16:12 PM PST by zeestephen

Trump claimed that investors are betting he will win the 2024 presidential election...Trump cited no evidence to back up the claim..."THIS IS THE TRUMP STOCK MARKET," Trump claimed in an all-caps Truth social post, "BECAUSE MY POLLS AGAINST BIDEN ARE SO GOOD THAT INVESTORS ARE PROJECTING THAT I WILL WIN..."

(Excerpt) Read more at cnbc.com ...


TOPICS: News/Current Events
KEYWORDS: cnbc; kevinbreuninger; mediawingofthednc; msnbc; nbc; nobrainscollectively; partisanmediashill; partisanmediashills
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Still making the MSM go insane!
1 posted on 01/29/2024 3:16:12 PM PST by zeestephen
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To: zeestephen

These same jokers would turn around and blame Trump and tax cuts if a massive recession occurred during the Biden years.


2 posted on 01/29/2024 3:19:19 PM PST by dowcaet
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To: zeestephen
Trump: Always be closing.
3 posted on 01/29/2024 3:20:54 PM PST by JennysCool ("It's easier to fool people than to convince them that they have been fooled." - Mark Twain)
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To: JennysCool

Covfefe is for closers only!


4 posted on 01/29/2024 3:22:42 PM PST by dfwgator (Endut! Hoch Hech!)
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To: zeestephen

He may be right. When Obama won, businesses began pulling back and laying people off before he even took office. In 2016 after Trump won the recovery began before the inauguration.


5 posted on 01/29/2024 3:31:40 PM PST by JimRed (TERM LIMITS, NOW! Finish the damned WALL! TRUTH is the new HATE SPEECH!)
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To: JimRed

“He may be right”

Of course he is right. He is a financial expert with world class experience and he goes not lie.


6 posted on 01/29/2024 3:34:47 PM PST by stanne
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To: zeestephen

What a joke, irresponsible Fed Policies are Juicing the Market and nothing else, the only reason the market went up under Trump was the Fed’s ZIRP policy and cheap credit as you could get no return on CD’s and Bonds. Trump probably will want cheap rates again and not push for sound Fiscal Policies that we need. Everything so far has been an Illusion, Powell back tracked in late November and decided inflation’s under control, which it is not. Rates realistically should go to 10% but that force a recession and the expulsion of all the debt out of the economy which is much needed but will not happen.


7 posted on 01/29/2024 3:39:31 PM PST by Captain Peter Blood
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To: zeestephen
I'm a Trump supporter - but he better be careful with this one. We're getting pretty close to the rug pull.

Look at the markets just prior to the 2007/08 disaster.

8 posted on 01/29/2024 3:42:13 PM PST by politicket
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To: zeestephen

Does anyone believe MSM?


9 posted on 01/29/2024 3:45:29 PM PST by ActresponsiblyinVA
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To: zeestephen

President Trump is right!


10 posted on 01/29/2024 3:49:57 PM PST by Ge0ffrey
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To: zeestephen

I’m an active investor and I would agree with Trump. The more it looks like a Trump victory, the brighter the outlook for the future is (economic and otherwise).


11 posted on 01/29/2024 3:55:21 PM PST by RoosterRedux (A person who seeks the truth with a strong bias will never find it. He will only confirm his bias.)
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To: zeestephen

The market does price in expected outcomes. His polls may affect some projected earnings both good and bad.


12 posted on 01/29/2024 4:03:24 PM PST by Raycpa
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To: zeestephen

Happened in 2015. That golden escalator ride.


13 posted on 01/29/2024 4:03:34 PM PST by TornadoAlley3 ( I'm Proud To Be An Okie From Muskogee)
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To: zeestephen

Adjusted for Biden inflation, the stock market is down considerably from its high.


14 posted on 01/29/2024 4:16:34 PM PST by FarCenter
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To: ActresponsiblyinVA
(Does anyone believe MSM?)

Yes, just like I trust Brian Williams! 🤣🤣🤣






15 posted on 01/29/2024 4:16:57 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: dowcaet

The stock market is where a lot of the money the government prints winds up.
The rich can only buy so much planes, boats,houses and land.


16 posted on 01/29/2024 4:26:57 PM PST by Purpleperson
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To: zeestephen

Why not, they blame Trump for everything that happens under Biden


17 posted on 01/29/2024 4:33:40 PM PST by Mr. K (No consequence of repealing Obamacare is worse than Obamacare)
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To: zeestephen

The standard machine-based approach is to judge presidents on things that happened on their watch including the stock market.

However the reality is president’s policies bleed over and affect other administrations. So Trump’s claim while unconventional is probably valid.

there is also the reality that the stock market is affected by things besides Presidential policies so one can make or lose money regardless of whether an R or D is in the WH. Not smart to invest based purely on politics.


18 posted on 01/29/2024 4:34:30 PM PST by plain talk
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To: Captain Peter Blood

Trump did what he could, with the entire government fighting him


19 posted on 01/29/2024 4:39:12 PM PST by Mr. K (No consequence of repealing Obamacare is worse than Obamacare)
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To: zeestephen

Another insurrection statement!


20 posted on 01/29/2024 4:56:37 PM PST by Mark (DONATE ONCE every 3 months-is that a big deal?)
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