Former US President Donald Trump expressed discontent with the soaring stock market, stating that it is primarily benefiting the wealthy. Trump, known for his predictions, had foretold a market crash if Joe Biden assumed the presidency. However, with the Dow Jones Industrial Average reaching a record-breaking 37,000, surpassing the previous 2022 record, Trump stands by his critique.
In a recent event in Nevada, Trump, a frontrunner for the 2024 Republican nomination, derided President Biden, claiming that the stock market’s surge is exacerbating the wealth gap. He also criticized Biden’s handling of inflation, stating that it is adversely affecting citizens’ savings.
Despite claims of a collapsing economy, US inflation has been on a decreasing trend. Trump’s remarks come on the heels of his earlier statement that people would leave the country if he is reelected, suggesting a crackdown on immigration.
As the 2024 Republican primaries approach, Trump maintains a substantial lead over his rivals, according to state and national polls. While former UN Ambassador Nikki Haley has narrowed the gap in New Hampshire, Trump’s popularity remains significant, setting the stage for a closely watched political landscape.
