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@ tzongocu
2025-05-02 22:01:29
📰 News Alert...
🔖 Title: Trump's Claims: The Stock Market's Resilience Amid Blame Game
🗓️ Published: 2025-05-01T10:00:00-04:00
📄 Summary: President Donald Trump recently attributed the stock market's performance to Joe Biden, claiming it to be "Biden's Stock Market" during his first 101 days in office. However, just days later, Wall Street witnessed a significant rebound, with the S&P 500 erasing previous losses attributed to Trump’s tariffs. This rise followed robust job reports and solid earnings from tech giants like Meta and Microsoft. Critics, including some of Trump's staunch supporters, suggest he cannot claim credit for the market's recovery, as the economic conditions were already improving prior to his tariffs.
🔗 [Read the original article](https://www.businessinsider.com/trump-blamed-biden-stock-market-reaction-liberation-day-gains-2025-5)
💓 #StockMarket #EconomicTrends #PoliticalEconomy