Before the election, Trump warned that the stock market was in a Fed created bubble and was heading for a big crash, now he is tweeting that prices have risen another 10% and it is all thanks to him!
The world was gloomy before I won – there was no hope. Now the market is up nearly 10% and Christmas spending is over a trillion dollars!
— Donald J. Trump (@realDonaldTrump) December 26, 2016
The U.S. Consumer Confidence Index for December surged nearly four points to 113.7, THE HIGHEST LEVEL IN MORE THAN 15 YEARS! Thanks Donald!
— Donald J. Trump (@realDonaldTrump) December 28, 2016
Unfortunately large asset bubbles, reckless spending on debt and blind, irrational, over-confidence, are the problems not the solution…Thanks Donald indeed.
Overly confident consumers lead us to recession…h/t ZH. pic.twitter.com/M8cuNKrJGW
— Cory Venable CMT (@CoryLVenable) December 27, 2016