Economics
Trump Says ‘Big Mistake’ to Sell Off Stocks in Strong Economy
- Concerns over possible interest rate hikes fueled recent drop
- Stock markets recovered Wednesday after opening slightly lower
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President Donald Trump has some advice for investors: they’re making a “big mistake” by selling off stocks amid good economic news.
“In the ‘old days,’ when good news was reported, the Stock Market would go up. Today, when good news is reported, the Stock Market goes down,” Trump said on Twitter. “Big mistake, and we have so much good (great) news about the economy!”