U.S. under Trump Series: President Trump’s day trading tweet exposes his biggest nemesis

Since his inauguration, President Trump touted the performance of the U.S. stock market since his election as one of the key barometers for the success of his administration. Though, it has been quite a run since the election, making the stock market as a performance barometer is overly risky, especially when the President expects to serve for eight years.

The month of October showed exactly how risky it is. After rising almost 45 percent since the election of Mr. Trump, the stock market tanked more than 7 percent in October alone. If the Democrats win the U.S. mid-term election, then President Trump would be able to blame the Democrats if markets fall but if the Republicans win and the stock market still tanks after its 8-year bull run, then it would provide enough ammunition to his opponents.

President Trump who has been largely silent over the stock markets’ performance throughout October, finally tweeted, “Stock Market up more than 400 points yesterday. Today looks to be another good one. Companies earnings are great!”

If the markets to decline further as some of our models, the President would have less to tweet and more to defend.