Trump: Wall Street sell-off would be 'big mistake'

Source: The Hill | February 7, 2018 | Sylvan Lane

President Trump said traders selling stocks are making a “big mistake” on Wednesday, his first comments about the wild swings in the stock market that have cut into the gains made during his presidency.

Trump said the economy is strong and that those trading stocks will regret their actions.

“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 tweeted. “Big mistake, and we have so much good (great) news about the economy!”

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Trump has repeatedly highlighted the rising market as a testament to his economic stewardship over the past 12 months, most recently in his State of the Union address last week. 

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