Trump Warns of Worst Ever Stock Market Crash If He's Not Reelected

-edited

In a "Keep Ameria Great" Tweet, Trump Foresees an Epic Crash if he's not reelected.

Epic Crash

Note About the Record Economy

Word About Predictions

Mike "Mish" Shedlock

Comments (24)
No. 1-11
Tengen
Tengen

Dumb. He's saying the Fed will normalize rates if someone else takes office, which is ridiculous. The trend is toward ZIRP/NIRP from here on out.

Quatloo
Quatloo

Anyone who believes the nonsense Trump spouts is clearly not intelligent. It is amusing to recall his three biggest promises during the election: 1. He will build a wall; 2. He will get Mexico to pay for it; 3. He will repeal Obamacare. His word obviously means nothing. He has accomplished nothing except a minor tax cut. It could have been worse—we could have had Hilary, but don’t forget Trump’s promise #4: He will lock her up. His record is 0-4 on his 4 most-often repeated promises. It is just a matter of time before this house of cards collapses.

nic9075
nic9075

The headline & reported unemployment rate is around 2% and the UE rate is 3.6% and shows no signs of rising (weekly first times unemployment claims are often one of the first indicators to show that the economy really is showing)... Consumer sentiment is near record high (both conference board & michigan indices).. Obviously ZIRP/NIRP or whatever is working..

Also how is it that these cryptocurrency worshipers always have these conspiracy therories about the fed and the line of "dollar not backed by anything" but worship bit sh*t coin or the alternative currency of the moment as being better than the US dollar?

Greggg
Greggg

The Trump Economy is setting records, meanwhile, my son is trying to cope with an astronomical cost overrun to an office building project that is directly caused by Trump's tariffs.

lol
lol

Stocks/economy gonna crash long before election day,leaving el presidente with just 2 options,US goes full Venuzuela,Trump will deploy the national guard,suspend elections and remain in power indefinetly or he'll resign and dump the mess on the dems to try and clean up.....either way stock "market" will collapse right along with the economy regardless of how much the fed prints...……..4 is the nail in the hyperinflationary coffin!