When good news is reported, markets go down: US President Donald Trump
Authored By Wion Web Desk
Published: Feb 06, 2018, 23:13 IST | Updated: Feb 06, 2018, 23:13 IST
Donald Trump
Story highlights
Throughout his presidency, Trump has sought to portray record rises on Wall Street as indicative of the broader economy
US President Donald Trump commented on the recent stock market volatility on Wednesday. Trump attributed the slump in markets to 'good news' about the economy.
"In the 'old days,' when good news was reported, the stock market would go up," Trump tweeted.
"Today, when good news is reported, the stock market goes down."
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"We have so much good (great) news about the economy!" Trump noted.
This is not the first time when the US President made such a remark. Throughout his presidency, Trump has sought to portray record rises on Wall Street as indicative of the broader economy.
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