Trump blames stock market slide on Dems taking House

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President Trump on Friday blamed recent drops in the stock markets to Democrats taking control of the House, just days after calling December’s historic declines a “glitch.”

“As I have stated many times, if the Democrats take over the House or Senate, there will be disruption to the Financial Markets. We won the Senate, they won the House. Things will settle down. They only want to impeach me because they know they can’t win in 2020, too much success!” he Tweeted.

When Democrats won the House in November’s election the immediate reaction from markets was positive, with the Dow Jones Industrial Average bouncing more than 500 points.

Overall, 2018 marked the worst year for U.S. stock markets in a decade. December was particularly brutal, with the worst December drops since the Great Depression. – READ MORE

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