Andrew Yang: It's 'asinine' for Trump to take credit for stock market highs
Donald Trump has tweeted about the stock market more than 150 times since he was elected president, repeatedly referring to the major indexes reaching all-time highs.
But former Democratic presidential candidate Andrew Yang has been vocal about the disparity between stock market rallies and the realities facing Americans — and he believes Trump’s successor will stop conflating the two.
“I do not think that President-Elect Joe Biden is going to be trumpeting the stock market success the same way Trump did,” Yang said in an interview with Yahoo Finance on Tuesday. “I always thought it was really awful the fact that Trump conflated the stock market values and how we're doing as a country.”
Stocks hit record highs on Monday, but the country is not faring well by many measures. Despite some positive indicators of a steady recovery, the U.S. is still down by 10 million jobs since the novel coronavirus rattled the world in March. It’s not just jobs that have been lost: The country has surpassed 10 million total cases of coronavirus and 238,000 coronavirus-related deaths.
https://finance.yahoo.com/news/andrew-yang-on-stock-market-economy-tiktok-213259840.html
