Trump blames vote outcome for stock market slump
Democrats won the U.S. midterm elections, and President Donald Trump posted about the aftermath on Truth Social.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
This story is no longer being updated. It reflects reporting up to .
What happened
After the U.S. midterm elections, President Donald Trump posted on Truth Social that the results were a major setback for the country. He blamed the Democratic midterm win for a roughly $3 trillion stock market drop and vowed that markets would recover stronger. Other coverage said he also took credit for a market rally that followed his defeat.
Why it matters
Trump had warned that a Democratic victory would cause a 1929-style depression, and he tied the market moves to that outcome.
Coverage
- Donald Trump takes credit for a stock market rally that welcomed his defeat (The Irish Times)
- Trump Pins $3T Stock Market Rout On Democrats’ Midterm Win – Vows Markets Will Come Back ‘Bigger And Stronger’ (stocktwits.com)
- Democrats take Congress as voters cite economy in midterm elections
- Democrats' midterm wins spark economic agenda debate as markets fall
- Democrats' midterm sweep rattles markets and reshapes U.S. policy outlook
- Democrats take Congress in midterms, reshaping Trump's final two years
- Democrats win full control of Congress in US midterms
- US stocks jump as Democrats win Congress control
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