Dow Jones Hits Record High Close Today - 41,240.52

This aged well, didn't it?

Trump brands stock market tumble the Kamala Crash'

Former President Donald Trump on Monday labeled a sharp drop in the stock market "the Kamala Crash," linking to the ascension of Vice President Harris as the presumptive Democratic presidential nominee.

"Of course there is a massive market downturn. Kamala is even worse than Crooked Joe," Trump, 78, wrote on social media Monday morning " after the Dow Jones Industrial Average plunged 1,000 points in morning trading after closing down more than 600 points on Friday.

"Markets will NEVER accept the Radical Left Lunatic that DESTROYED San Francisco and California, as a whole. Next move, THE GREAT DEPRESSION OF 2024! You can't play games with MARKETS. KAMALA CRASH!!!" Trump added.

Nostra-dumbass with another gem of a prediction from 21 days ago.

Wonder what he's calling today's closing number as Harris moves further ahead - or is catching up - in national and swing state polling in the wake of the electric Democratic National Convention that eclipsed every viewership comparison metric with the RNC's Caucasian Coffee (C)latch?

Of course, he's crying Mommy and Kamala's answering "Say what, Don-OLD?"

#1 | Posted by tonyroma at 2024-08-26 04:35 PM | Reply

The bankruptcy-prone orange turd's truth social stock is still tanking.

#2 | Posted by reinheitsgebot at 2024-08-26 05:07 PM | Reply

Trump Praises the Stock Market at 22,000 That He Said Was a Bubble at 18,000 (2017)
www.nytimes.com

... As America's stock markets have reached record highs, they have had few louder cheerleaders than President Trump.

"Highest Stock Market EVER," he said on Twitter on Monday.

Before the stock exchanges' opening bell on Tuesday, Mr. Trump pointed out in a tweet that the Dow Jones industrial index's recent surge started just after he was elected. (He also lamented, incorrectly, that the press was downplaying that fact: "Mainstream media seldom mentions!")

And on Thursday, Mr. Trump made clear that he thinks he deserves credit for the latest record high, tweeting, "That doesn't just happen!" ...

#3 | Posted by LampLighter at 2024-08-26 05:55 PM | Reply

The president clearly set himself up': Trump's stock market miscalculation (2018)
www.politico.com

... President Donald Trump is learning a basic and painful lesson of Wall Street: Stocks also go down.

A global market sell-off accelerated Monday with the Dow Jones Industrial Average plunging nearly 1,600 points at one point in roller-coaster afternoon trading. After a volatile session, the Dow ended down 1,175 points, or 4.6%, at 24,346. ...

On top of concerns about rising inflation, the tax cuts are already increasing the federal government's need to borrow and accelerating the date by which Congress must raise the federal debt limit. And as of Monday, there was still no plan in Washington to raise the limit and avoid a catastrophic default.

The result is that a president who tossed aside traditional presidential caution in cheerleading the stock market now stands poised to take the blame for any correction. ...

#4 | Posted by LampLighter at 2024-08-26 05:59 PM | Reply

From the "Dow plunges over 1,100 points, S&P 500, Nasdaq sink 3%" thread posted by Claudio:

Me: "I dropped ~2%. Not enough to warrant any action except to pick up a few nicely priced items while they are on sale."

Claudio: "Translation: I got bent over a barrel but have not learned my lesson of trying to catch a falling knife yet."

Donnerboy: "These kind of threads never age well."

Me the next day: "And that 2%?
That's just 1% today.
(and I got two bargains!)"

Claudio: "Morons like you is how casinos exist. You lose $10,000 yesterday and then celebrate when you win back $3,000 today."

Me today: Bwhahahaha! LOL! {snort} HAHAHAHA!

#5 | Posted by YAV at 2024-08-26 06:54 PM | Reply | Newsworthy 1

He's an idiot's idea of a moron.

#6 | Posted by LegallyYourDead at 2024-08-26 07:46 PM | Reply

Did Trump Say the Stock Market Would 'Crash' If Biden Won Election? (November 2020)
www.snopes.com

... Claim: U.S. President Donald Trump said that the stock market would "crash" if Joe Biden was elected president.

Rating: Correct Attribution

In the weeks leading to Nov. 3, 2020, U.S. presidential election, incumbent Donald Trump had wrongly predicted that if his political rival -- now-President-elect Joe Biden -- won the election, the stock market would crash.

According to Factbase, a database that collects Trump's statements, the outgoing president made that prediction numerous times.

For example, during the second presidential debate on Oct. 22, 2020, Trump had stated that if he was reelected, the stock market would "boom," and "If he [Biden] was elected, the stock market will crash." He made the claim again during a campaign rally in Pennsylvania on Halloween, saying, "If [Biden] gets in, the market will crash." ...

#7 | Posted by LampLighter at 2024-08-26 07:56 PM | Reply

This is obviously because Harris is now leading in the polls and the market is reacting favorably.

#8 | Posted by chuffy at 2024-08-26 09:22 PM | Reply

My IRA and mutual funds are happy.

#9 | Posted by BellRinger at 2024-08-27 12:21 AM | Reply

Gee, I wonder what the Stock Market will do if Trump wins the electoral college and thus the White House November 5, 2024, since he will lost the popular vote by at least five million votes. If it were me, and I had a lot of wealth in stocks, I would be figuring on absolute chaos in America for years, and thus find a way to move it to more stable markets.

#10 | Posted by Hughmass at 2024-08-27 07:11 AM | Reply

My IRA and mutual funds are happy.

#9 | POSTED BY BELLRINGER

How can this be? What with no one in being charge too!

Maybe the country runs better when no one is mucking around with it?

#11 | Posted by donnerboy at 2024-08-27 01:02 PM | Reply

"How can this be? What with no one being in charge too!"

(My finger is becoming dyslexic. Apparently)

#12 | Posted by donnerboy at 2024-08-27 01:04 PM | Reply

I guess the Great Depression was Trump knowing he's going to lose to a black woman.

#13 | Posted by zarnon at 2024-08-27 08:19 PM | Reply

It's gonna collapse! Trump warned us!