Trump Claims Credit!?

( – Former President Donald Trump is making headlines with his seemingly correct claim that the current stock market record highs are a direct result of his strong showing in polls against Joe Biden.

In a characteristic all-caps statement on Truth Social, Trump argued that his favorable polling numbers are fueling optimism among investors, anticipating his victory in a potential election rematch.

Trump’s assertion comes amidst a backdrop of record-setting performances by the Dow Jones Industrial Average and the S&P 500 index.

He strongly believes that the upward trend in the stock market is tied to the confidence investors have in his potential return to the White House. His perspective is that his lead in the polls is a key driver for this economic optimism.

The Trump camp’s stance sharply contrasts with the reaction from Biden’s team, who have been quick to dismiss Trump’s claims. They suggest that he is grasping at straws to take credit for the market’s success, which has occurred under President Biden’s tenure.

Poll analyses, such as the one from The Hill/Decision Desk HQ, indicate a tight race between Biden and Trump, with Trump edging out slightly in a hypothetical matchup. This close race adds another layer of intrigue to Trump’s claims about the stock market.

Trump’s recent comments echo his previous predictions about the stock market’s fate tied to his electoral success. He has consistently warned that a market crash would be imminent if he is not elected, a sentiment he reiterated ahead of the Iowa caucuses and during a Fox News town hall event in Iowa.

These remarks are not new from Trump, who made similar claims ahead of the 2020 election. He had forewarned of a stock market collapse if Biden won, a prediction that the Biden camp humorously remembered recently by reposting the clip with a quip.