How Trump has talked about stock market gyrations since his election win

In mid-February, President Trump spoke astatine an concern league and offered a prediction.

"We're connected the verge of soaring markets," helium told the assemblage successful Miami that evening. "I deliberation the banal marketplace is going to beryllium great."

Unfortunately for him and for investors, it turned retired to beryllium pugnacious timing. That Feb. 19 code ended up taking spot during the highest of the caller market, with the S&P 500 (^GSPC) past opening a present weeks-long decline.

And the selling hasn't abated. Markets are present firmly successful correction territory with prices down implicit 10% this week from the levels connected that February evening.

That crook successful marketplace fortunes has forced Trump into a accelerated reorientation of however helium has talked astir stocks, adjacent arsenic helium has besides repeatedly said that the semipermanent gains helium sees coming from his tariff docket volition outweigh the existent "turbulence."

But adjacent amid the selling, Trump couldn't defy an occasional foray into his long-held relation arsenic a benignant of banal pundit-in-chief.

Last Tuesday, Trump appeared alongside Elon Musk to bargain a Tesla and possibly prop up that beleaguered banal (TSLA). And helium couldn't defy a connection to wide investors to bargain the dip.

"Some radical are going to marque large deals by buying stocks and bonds and each the things they are buying," helium said, adding that "smart" businessmen helium knows "are present investing due to the fact that of what I'm doing due to the fact that agelong word what I'm doing is making our state beardown again."

During Joe Biden's presidency, Trump's rhetoric connected the marketplace often whipsawed dramatically arsenic helium tried to explicate terms increases nether a Democratic medication that helium had promised would beryllium atrocious for investors.

"If he's elected," Trump said successful 2020 portion pointing crossed the statement signifier astatine Biden, "the banal marketplace volition crash."

After his predetermination triumph past November, Trump rapidly settled into a acquainted regular of touting marketplace increases arsenic ones that helium was liable for.

On Dec. 22, the past president-elect traveled to Phoenix to note, "[S]ince the election, the banal marketplace has breached 1 grounds aft different ... they're calling it the Trump effect due to the fact that adjacent earlier taking office, we're already bringing successful the jobs and accidental and information and communal consciousness backmost to the USA."

It was a refrain Trump continued for weeks.

"I don't privation to accidental this, it's excessively braggadocious, but we'll accidental it anyway: the Trump effect," helium offered connected the eve of his inauguration.