A record high for the Nasdaq ‘would all come crashing down,’ says Trump in a tweet, ‘including your jobs, stocks, and 401(k)s,’ if Biden wins presidency

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Fact check: Trump has consistently taken credit for gains in U.S. financial markets, but it's unclear if he's actually had an effect.

“ ‘RECORD HIGH NASDAQ! It would all come crashing down, including your Jobs, Stocks, and 401k’s, if Sleepy Joe ever became President. China and others would own us!!!’ ”

The Nasdaq has reflected the leadership of some of the biggest technology and tech-related companies in those gains. Tech giants like Apple Inc. AAPL, -2.27%, Microsoft Corp. MSFT, -1.78%, Amazon. com AMZN, -1.78%, Google parent Alphabet Inc. GOOG, -0.37% GOOGL, -0.43%, Facebook FB, +1.19% and Netflix NFLX, -2.81% are among those viewed as more resilient to the economic harm wrought by the deadly viral outbreak.

Meanwhile, recent national polls show Biden maintaining a lead over Trump. Biden leads Trump in the Real Clear Politics poll average by 7.4 percentage points, 49.4% to 42%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The only person to pull us out of this slump Trump 2020!!!!

The only effect he’s had is sending the country downhill. Once the Obama effect wore out, the economy collapsed and chaos swung in full force

Why would he get the blame for everything and get none of the credit?

It's just a cycle...

Fact check AOCs recent tweet on billionaires needing the working class but the working class not needing billionaires. Probably won't see a fact check on that though. Wonder why.

MarketWatch you have entered the realm of embarrassment. How about you report actual factual news instead of your opinion hit peices. It's like spoiled children working at MarketWatch.

No shit.

SO LOWERING THE CORP. TAX RATE FROM THE OUTRAGEOUS 35% DOWN TO 21% HAD NO EFFECT? WHO IS MAKING THESE IMBECILE STATEMENTS AT MARKETWATCH UNEMPLOYMENT AT A 50 YEAR LOW, NO EFFECT?

I agreed with Trump if Democrats take over the American Finance!!

What’s unclear is motive... how about if you don’t like it in America get out and do political analysis everyday for China

Trump clearly had an effect on the markets and in a positive way, to deny that is to do some mental gymnastics at this point

Nah, it’s clear. You guys just can’t admit it to yourselves. Those of us who get it will just keep making money.

That is called a fact check? More like a Marketwatch dream.

UNCLEAR? MarketWatch must do better than that!

😂😂😂 come on. He take cradit for someone’s success

If that’s your best argument for not voting for Trump, try again.

FAANGs are the driver given free money from the FED. Trump doesn't know squat -he's a bankrupt slum landlord

Wow who would expect a president to take any credit for anything positive? How strange 😃

Trump's boastance has hit a roadblock Of no avail is his pep talk Maybe a stirrup pump Can help reverse the slump For now he is stuck on a chock marketcrash WallStreet TrumpSlump TrumpCrash

Unfollow

Fact check is full of it!

Unclear The presidency of the USA is, after the Fed, the single thing with most influence in the stock market. And this comes from MarketWatch? Who wrote this, your intern?

FAKENEWS

What is the lag factor between one election to the next? So say policies were put in place and he inherited a rebound? Is that true or does everyone want to be a “Democrat” or a “Republican”? Like my physics professor use to say “fundamentals are key to any outcome”

Tomorrow morning deadbeat donald is going to have a teleconference on Lebanon and their disaster. How about having a real teleconference about doing something for the 5,000,000 Americans deadbeat donald is responsible for infecting with the trump virus.

lol, fact check, news media is opinionated, selecting only facts to support their biased narratives and disregarding the real truth

No, it's quite clear that Trump caused the incredible pre-chinavirus economy and resulting stock market rise.. It's not a mystery to conservatives that cutting regulations and taxes unleashes an economy, this is only puzzling to leftists

One word trumpbubble. Narcissistic realDonaldTrump pressuring the fed to print, print, print, and buy etfs through BlackRock. So BlackRock takes their own money supporting bond etfs and plays in the equities while using the fed money to prop up these worthless bonds on our dime

Cut taxes

It's fixing to come crashing down anyway, no matter who wins.

UNCLEAR? Ask literally ANY trader!

And he’ll blame somebody if the market doesn’t go well.

Unclear to who?

Gains in financial market in this situation is negative credit

what troll writes this crap

Boeing bailout was a pretty obvious effect.

unclear for low-IQ media spell-checkers.

Look at the night he was elected, and the days that followed... not to mention the day after day record highs. I'd say he had a clear effect.

😂😂 So corporate tax rates from 35% to 21% didn’t help? 😂😂

How much are the Democrats paying you to write articles?

The market likes consistency. Trump has his faults, but he is consistent and unlikely to interfere with the Fed. Stocks go boom.

He is the reason. No other President ever negotiated to bring business back to USA! Period!

It all has to do with new govern-mental backdoors that have been placed to bring our financial infestructor into the 21st century. realDonaldTrump being the megalomaniac that he is then spoke to his contacts in Russia to instigate a evil plan to take these new encryption keys.

He hasn't.

So it’s unclear if he is wrong?

It may be unclear to you guys but pretty much tracks with his Presidency.

Fake news

POTUS us hated by so many. Even no name “market watch”. Please give us real news or none at all.

This might be the dumbest headline you guys have printed and that’s saying a lot from Marketwatch.

Trump possesses one of the worst business minds I’ve encountered, and I’ve been around a lot of them. Further, his track record supports his incompetence. Man, it eats at him that Obama’s market gains & performance were so much better than his. Coattails

You guys are so full of shit and you know it.

Market watch is officially a rag a propaganda shit stain

Your making stuff up. Tax cuts Jobs jobs jobs Repatriation of profits, thus large investments Buy american policies 8 regulation cuts for every new 1 added All had a huge great effect

Fact Check: just because you start a headline with ‘fact check’ doesn’t mean anything.

Unclear? To whom?

So why dont you wait until its clear or not, then report.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Silicon Valley's answer to the NASDAQ has been in tests since Monday - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. A world is full of technology.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tech stocks will still be 'the winner' in near future despite rising US-China tensions, Nasdaq rally, Deutsche Bank says | Markets InsiderTuan Huynh, Deutsche Bank Wealth Management CIO for Europe and Asia, told CNBC on Friday that tech stocks will still be 'the winner' in the near...
Source: BusinessInsider - 🏆 729. / 51 Read more »