Trump at Jobs Event: If Midterms Don’t Go Well for GOP, ‘I Think You’re All Going to Lose a Lot of Money’
President Donald Trump claimed at a White House jobs event today with business executives that they will “lose a lot of money” in the markets if the Republicans don’t do so well in the midterms.
He talked about the markets being “so strong” and touted economic success before going on a tangent about the caravan before getting back on topic.
As the President continued, he made this prediction:
“We have an economy that’s the hottest economy right now in the world and I guess the stock market is up to––getting close to 50%, if you think about it, that’s incredible, since the election. In fact, I hear today, it’s doing well, Larry, it’s up another 400 points. It was up another 450 points or so yesterday. It is just doing well. I will say this, they’re waiting for the results of the midterms. And if the midterms for some reason don’t do so well for Republicans, I think you’re all going to lose a lot of money. I hate to say that. I think you’re going to lose a lot of money.”
Trump yesterday tweeted, “If you want your Stocks to go down, I strongly suggest voting Democrat.”
The Stock Market is up massively since the Election, but is now taking a little pause – people want to see what happens with the Midterms. If you want your Stocks to go down, I strongly suggest voting Democrat. They like the Venezuela financial model, High Taxes & Open Borders!
— Donald J. Trump (@realDonaldTrump) October 30, 2018
[Mediaite]