The Atlantic

Is Trump to Thank for the Dow Hitting 23,000?

The president keeps congratulating himself for a bull market that he didn’t create.
Source: Toru Hanai / Reuters

Today, President Trump tweeted that the Dow passed 23,000 for the first time. Last week, he tweeted that the stock market had gained more than $5 trillion since Election Day last year. Before that, he to report more on the “virtually unprecedented stock market growth since the election.” These are just a few examples in a litany of tweets in which the president has taken credit for a bull market that long precedes his political ascent—and one that has continued to thrive despite the fact that he has yet to actually deliver on many of his pro-business campaign promises.

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