Trump doesn't seem to understand one key element of the stock market rally

Business Insider Donald TrumpDonald Trump
Wednesday, 7 February 2018 ()
Trump doesn't seem to understand one key element of the stock market rally· *President Donald Trump tweeted Wednesday that a strong economy should be pushing stocks higher, and called the market's recent decline a "big mistake."*
· *His tweet shows he doesn't fully understand the dynamics that drive and have been driving the stock market during his term.*

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News video: Trump Stands to Take Blame on Falling Stock Market

▶ Trump Stands to Take Blame on Falling Stock Market 01:05

 On Monday, the Dow Jones Industrial Average dropped more than 1,500 in afternoon trading. The slide comes alongside growing concern that the US economy could overheat and require forceful action from a new and untested Federal Reserve chairman — installed by Donald Trump. The president, who in the...