Trump warned that the stock market would crash if Biden won. Dow is having its best month since 1987
Donald Trump repeatedly warned Americans that if they failed to reelect him, the stock market would implode. In reality, the opposite happened.
Between August and October alone, Trump sent six tweets saying markets would "crash" if Joe Biden were elected, using a word presidents typically avoid.
"The Dow Jones Industrial just closed above 29,000! You are so lucky to have me as your President," Trump wrote on September 2. "With Joe Hiden' it would crash."
Yet no post-election meltdown emerged. If anything, markets melted up as nightmare election scenarios were avoided and investors celebrated coronavirus vaccine breakthroughs from Pfizer and Moderna.
The S&P 500 notched its best election week rally since 1932. And despite a sharp pullback Monday, the Dow is up nearly 12% in November, on track for its best month since January 1987.
https://www.msn.com/en-us/money/markets/trump-warned-that-the-stock-market-would-crash-if-biden-won-the-dow-is-having-its-best-month-since-1987/ar-BB1bv2uX?ocid=DELLDHP&li=BBnbfcL
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