Trump's Finger-Pointing on Stock Market Declines

As Donald Trump prepared for his inauguration on January 19, he proudly referenced the rising stock market, dubbing it the “Trump effect.” However, three months into his presidency, the S&P 500 and Dow Jones Industrial Average saw declines of 5.2% and 5%, respectively. On Truth Social, Trump attributed the downturn to former President Biden, stating, “This is Biden’s Stock Market.” He remarked that the market's performance reflects the challenging circumstances he inherited, although experts indicate his tariff policies also played a significant role in this market volatility.