Name: Fact Check: President Trump's claims about the stock market
Uploaded: 2018-01-09T09:28:05.000Z
Duration: 2 min 32 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Reduce our 18 trillion in debt because, believe me, we're in a bubble.

The U.S. stock market hit its low during the recession in March of 2009, and despite

the fact that the stock market has continued to rise, Donald Trump insisted

that it and the U.S. economy were in bad shape.

We have artificially low interest rates. We have a stock market that, frankly, has

been good to me but I still hate to see what's happening. We have a stock market

that is so bloated, be careful of a bubble.

candidacy for president in 2015, he said that he thought the stock market was in

a bubble because the interest rates set by the Federal Reserve were so low.

He made this point time after time on the trail.

We have the worst revival of an economy since the Great Depression, and believe

me, we're in a bubble right now, and the only thing that looks good is the stock

market, but if you raise interest rates even a little bit, that's going to come

crashing down. The Federal Reserve three times since the election has raised

interest rates, but Trump's prediction of the bubble popping did not come to pass.

When candidate Trump became President Trump, his rhetoric about the stock

I don't think there has ever been a president elected when

this short period of time has done what we've done.

Trillions of dollars of value have been created since I won the election.

We've added 3.3 trillion dollars in stock market value.

market just at an all-time high. It picked up in market value almost 4

trillion dollars since November 8th, which was the election.

has kept climbing in the first six months of the Trump presidency, but if

the stock market was in a bubble and artificial before, ready to decline in an

instant, why can't the same critique exist for

the market under the Trump administration? The president can't

explain what's changed, so this is a clear flip-flop.

Subtitles ListPlay Video

Fact Check: President Trump's claims about the stock market

depression

period

flip

artificial