February 20, 2019: Trump Makes another Unfounded Claim - This Time, about the Stock Market

 

2/20/19: If news about the Russian investigation is not good, at least Trump can brag again about the stock market. 

Tuesday, the Dow closed at 25,891. 

Of course, in bragging, Trump couldn’t refrain from lying too. “Had the opposition party (no, not the Media) won the election,” he claimed without a shred of historical evidence, “the Stock Market would be down at least 10,000 points by now. We are heading up, up, up!”

 

This was a bizarre argument to make since you can check out all kinds of charts and see that the market went up steadily under President Obama, after losing, in the last few months of his time in office, more than 50% of its value under George W. Bush. 

See also: President Bill Clinton, and stocks going way up.

The Dow Jones did better under Obama.