Trump: 'If you want your stocks to go down, I strongly suggest voting Democrat'

[Eugene]

Source: CNBC

Trump: 'If you want your stocks to go down, I strongly suggest voting Democrat'

• President Donald Trump used his Twitter feed Tuesday to tie Democrats into the stock market's fortunes.
• "If you want your Stocks to go down, I strongly suggest voting Democrat," he tweeted as major averages lurked around correction territory.

Jeff Cox | @JeffCoxCNBCcom
Published 3 Hours Ago Updated 12 Mins Ago

President Donald Trump tied the success of the faltering stock market to the election in a tweet Tuesday, suggesting that if the Democrats prevail on Nov. 6 it could mean more losses.

"If you want your Stocks to go down, I strongly suggest voting Democrat. They like the Venezuela financial model, High Taxes & Open Borders!" the president said in his Twitter feed.

Link to tweet

With major averages teetering around correction territory, defined as a 10 percent drop from the most recent high, Trump upped the ante for the election amid fraying nerves on Wall Street.

Market veterans have attributed the October sell-off to a variety of factors, paramount among them the political uncertainty in Washington. Among other things, Trump has the U.S. engaged in a trade battle with China that some company executives have cited as an important concern for profitability going forward.

-snip-

Read more: https://www.cnbc.com/2018/10/30/trump-if-you-want-your-stocks-to-go-down-i-strongly-suggest-voting-democrat.html

[at140]

1. I will definitely vote democratic on Nov 6th, regardless

of the stock market behavior.

[leftynyc]

3. What a fucking turd

EVERYONE on the business channels is attributing the market to his moronic tariffs - EVERYONE.

[rurallib]

4. That pretty much flies in the face of history

pretty much every Republican administration has a stock market fall during their reign at least as far as I know since Hoover.
Hoover, Eisenhower, Nixon, Reagan & Bush, Bush II.

Not surprised Donny wouldn't have a clue about this.

ETA - there is the old saying: "If you want to live like a Republican, vote for Democrats"

[Xipe Totec]

5. Do what I say and nobody gets hurt, says the capo of the Trump Mafia. nt

[CountAllVotes]

6. yeah right dump

It is Democratic you fool!

Why would anyone NOT vote Democratic?

The DOW has lost over 1200 pts. in the last week & tariffs are what led to the Great Depression!

So much for the Liar in Chief!

[MineralMan]

7. No need to wait, Donwald. Check the DJIA today and

look at the past couple of weeks. You're doing a bang-up job of driving it down. Bravo!

[wryter2000]

8. The exact opposite is true

I suspect my 401k will look a lot better after we win the House. I know it will if we win the White House in 2020.

[SWBTATTReg]

9. Obama did a pretty bang up job (good job) of bringing things back from the abyss ...

when stock and real estate markets collapsed after Lehman Brothers collapsed and the markets followed right afterwards. Again, rump is misstating the facts.

[smirkymonkey]

10. Right, because things have been going so smashingly well since YOUR tariffs kicked in.

[kentuck]

11. Someone needs to tell Donald that the Stock Market will need to reach about 47,000...

...in order to equal the percentage of growth it reached under Barack Obama...

[Journeyman]

12. If that's the price to pay for a return to some sanity, so be it . . .

[NCjack]

13. My stocks are going down now, thanks to the Orange Menace

killing Pres. Obama's bull market.

[duforsure]

14. Right, coming from the king of debt and bankruptcy

Who was over taking trillions out of the economy by being bribed by wealthy donors to give them huge tax breaks from robbing millions of their health care, and now the stupid trump tariffs. HE's a con man , desperately trying to con people with more lies , and propaganda out of their votes , again.

[malaise]

15. Is it treason yet? n/t

[Johonny]

16. But his low taxes and soldiers at the borders is happening now, and so is the stock drop

so huh?