Trump Says, Merry Christmas, Buy the Dip

Merry Christmas. Buy the Dip. Trump wants you to do what he says, not what he does.

“We have companies -- the greatest in the world, and they’re doing really well,” Trump told reporters at the White House on Tuesday. “They have record kinds of numbers. So I think it’s a tremendous opportunity to buy. Really a great opportunity to buy.”

Trump Doesn't Buy Stocks

Please consider this amusing Politifact flashback from September 15, 2016: Donald Trump says he doesn't invest in the stock market.

Donald Trump raised eyebrows during an interview with CNBC when he said that Federal Reserve Board chair Janet Yellen -- a Senate-confirmed appointee who is supposed to run the central bank independently -- is "obviously political and doing what (President Barack) Obama wants her to do."

Trump then suggested that the long, post-recession run of low interest rates, currently overseen by Yellen, is creating a "false market" with "essentially free" money.

"I don’t invest in the stock market," Trump continued during the Sept. 12, 2016, interview. "And I think you saw the stocks I bought, and I bought a lot of stock, and I am not a stock market guy, and I bought it because I did not use borrowed money when I invested."

This exchange was somewhat rambling -- and the Trump campaign did not respond to a request to elaborate for this article -- but Trump appears to be saying that he was once invested in the stock market but doesn’t do so today. When he says, "I don’t invest in the stock market," he’s using the present tense.

Not a Stock Guy

Is trump a "stock guy" or not a stock guy? Or does he just want everyone else to be stock guys and gals.

Apparently he was once a stock guy as long as money was free, but then again, he was complaing about free money under Yellen, so why wan't he a stock guy then?

No one really knows since he frequently talks nonsense while contradicting himself.

Amazingly, most of his supporters still cling to all this "art of the deal" nonsense. I voted for him, but I don't.

Merry Christmas

Meanwhile, there's something I forgot to say.

Mike "Mish" Shedlock

Comments
No. 1-17
Escierto
Escierto

His cult followers are buying with two hands today but let's see how it goes in the coming weeks. The Plunge Protection Team is probably buying everything they see.

stillCJ
stillCJ

Editor

And lo and behold, today the shorts aren't just getting squeezed, they're getting CRUSHED.

Bam_Man
Bam_Man

Step right up folks and try to catch that falling piano.

Chris P
Chris P

One thing most people don't realize is the reason stocks have gone up for the last decade is because banks and insurance companies and state and local govts have to have it go up for their ponzi scheme. It has to keep going up regardless or the scam will fail. They hold the cards and can print money into infinity so who could say they won't. If you look back at Bear Sterns it was after the midterms into the next year when hopefuls start showing their faces for elections in 2 years. Hmmmmm!!!!

Bam_Man
Bam_Man

And that is obviously part of "The Plan." The morons now in charge run everything into the ground and the people will BEG for a "New World Order" aka One World Government.