Do you remember the good “old days?” Well, President Trump sure does, and things aren’t like they used to be! On Wednesday, he returned to one of his favorite topics — the stock market — after having been oddly silent on the subject throughout the recent tumult:
In the “old days,” when good news was reported, the Stock Market would go up. Today, when good news is reported, the Stock Market goes down. Big mistake, and we have so much good (great) news about the economy!
— Donald J. Trump (@realDonaldTrump) February 7, 2018
The Dow Jones Industrial Average dropped 666 points Friday, fueled in part by a good (great) January jobs report, which “sparked … inflation fears and worries that interest rates could rise faster than expected,” USA Today writes. On Monday, the Dow dropped nearly 1,200 points in the largest single-day point plunge in history. By Tuesday’s closing, it had bounced back up over 550 points — no thanks to Trump’s scolding about its “big mistake.” Jeva Lange