President Donald Trump invoked a claimed $3 trillion decline in U.S. stocks as part of his criticism of the election, tying a market claim to an argument about investor sentiment.
He described it as a one-day loss. Trump said the market later recovered without assigning a value to the rebound. His post named no index or calculation for the claimed loss, as EconoTimes previously noted in its earlier account of the post.
The post cast the claimed decline as evidence that investors worldwide disapproved of the election outcome. Trump also wrote, “America took a giant step back in History,” about the result.
The $3 trillion claim was not tied in the post to a market benchmark, so its stated scope cannot be matched from the post to a named U.S. index. The recovery description was similarly broad: Trump supplied neither a dollar figure nor another measure of the amount regained.
