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Wednesday, 11 October 2017

Trump marvels in huge stock market increase, promises further growth if…


U.S. President Donald Trump in multiple tweets, continues to praise in the upsurge experienced in the country’s stock market, which he believes is a resulting effect of his administration’s excellent performances.

The President revealed the stock market has increased by 25% since his assumption of office, coupled with a record low unemployment in 16 years.

The 70-year-old businessman equally stated that, if Congress could achieve the tax cuts and reforms, the recorded increase in stock markets will grow by leaps and bounds. Trump also chided the media, arguing that it will be nice if they make an adequate report of the development.

He wrote, “Stock Market has increased by 5.2 Trillion dollars since the election on November 8th, a 25% increase. Lowest unemployment in 16 years and..”.

“…if Congress gives us the massive tax cuts (and reform) I am asking for, those numbers will grow by leaps and bounds. #MAGA”

“It would be really nice if the Fake News Media would report the virtually unprecedented Stock Market growth since the election.Need tax cuts”

However, critics continue to dismiss the President’s assertion, arguing that the improvement is an Obama administration effort as stock market operates on a lagging principle of about eleven months.

Read » Trump marvels in huge stock market increase, promises further growth if… on YNaija



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