'Look at the stock market NOW!' Trump cheers record rally and predicts the US economy will roar back next year, as the pandemic tanks growth"I feel more and more confident that our economy is in the early stages of coming back very strong," he tweeted."Next year will be one of the best ever, and look at the Stock Market NOW!"
The president's tweet comes as nationwide protests continue and the coronavirus pandemic weighs on growth and employment.President Donald Trump cheered the record stock-market rally and predicted the US economy will rebound within months in a, even as nationwide protests march on and the coronavirus pandemic weighs on growth and employment.
"I feel more and more confident that our economy is in the early stages of coming back very strong," he tweeted."Not everyone agrees with me, but I have little doubt." "Watch for September, October, November," Trump continued."Next year will be one of the best ever, and look at the Stock Market NOW!"
Lol, 2015 it was a big fat ugly bubble... Now its his bubble and he is going to brrrrr the market to the moon and the dollar will be worthless. Who cares if SPY 1000 if a loaf of bread costs $20.
Stock prices, are based on sentiment, and mean nothing without sales, profits and dividend flows to underpin the share price disconnect. What do the unemployed plan to buy? FMCG? Vacations? Properties? Vehicles? Fashion?
Trump may be right, but he won't be watching from the Oval 🤣
Who cares, King Cheeto?
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Source: BusinessInsider - 🏆 729. / 51 Read more »