Trump Reminds He Predicted Biden Market Crash (Newsmax)
By Charlie McCarthy | Monday, 26 September 2022 09:16 AM EDT
Former President Donald Trump reminded people that he predicted the stock market would "crash" if Joe Biden won the White House.
Trump took to Truth Social and posted a Sunday story from the Daily Wire, which reported that a clip of Trump arguing that the election of Biden would lead to a plummeting stock market circulated online on Friday after Wall Street saw a bloodbath.
"They said the stock market will boom if I am elected," Trump said during a 2020 presidential debate. "If he's elected, the stock market will crash."
Trump began his stock market posts with two images comparing the financials under Trump to their performance under Biden.
The first image showed Trump's stock market numbers much higher than Biden's on cumulative and annualized performances with the S&P 500, DOW, and NASDAQ.
The second image showed a NASDAQ comparison chart with Trump's trajectory skyrocketing and Biden's crashing.
A tweet on Friday by InteractivePolls included a clip from a 2020 presidential debate said:
"Nasdaq Performance 612 days in office
President Trump: +44.17
President Biden: -19.24%"
U.S. stock index futures fell on Monday, kicking off another week on softer footing, as investors worried that the Federal Reserve's aggressive push to curb inflation may tip the American economy into recession.
Reuters contributed to this story.