Trump Says if He’s Not Reelected There Will Be a ‘Stock Market Crash the Likes of Which We’ve Never Seen Before’

President Donald Trump, gearing up for the official start of his 2020 campaign, warned that the U.S. would face an epic stock market crash if he’s not re-elected.

“If anyone but me takes over,” Trump told his 61 million Twitter followers on Saturday, “there will be a Market Crash the likes of which has not been seen before!”

Trump officially starts his 2020 campaign on Tuesday with a rally in Orlando, Florida, and appears to be road-testing some of the themes he’ll be touching on in the next 18 months, including stoking fear of a market meltdown. “Tuesday will be a Big Crowd and Big Day,” he said in another tweet.

The president has claimed several times this year and as recently as Friday in a “Fox & Friends” interview that the U.S. stock market would be 5,000 to 10,000 points higher if the Federal Reserve hadn’t raised interest rates four times in 2018.

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SOURCE: Ros Krasny
Bloomberg