© Reuters. Republican presidential candidate and former U.S. President Donald Trump speaks throughout a rally in Reno, Nevada, U.S. December 17, 2023. REUTERS/Carlos Barria
By Tim Reid
(Reuters) – Donald Trump, who predicted three years in the past that if Democratic President Joe Biden gained the White Home in 2020 markets would crash, stated on Sunday that inventory markets hitting document highs had been simply making “rich people richer.”
Trump, the frontrunner for the 2024 Republican nomination, typically took credit score for a rising inventory market when he was president between 2017 and 2021. He was mocked by Biden final week for wrongly predicting a crash once they campaigned towards one another in 2020.
The hit a document excessive final week, topping 37,000 and surpassing the earlier document set in 2022. In a 2020 debate with Biden, Trump stated that if Biden gained the election, “the stock market will crash.”
Biden defeated Trump within the 2020 election.
In an try to provide a populist and anti-Biden twist on the brand new document inventory market excessive, Trump, a self-described billionaire, advised a crowd of supporters in Reno, Nevada: “The stock market is making rich people richer.”
Turning on Biden, he modified the topic to excessive costs, a trademark of Biden’s three years in workplace.
“Biden’s inflation catastrophe is demolishing your savings and ravaging your dreams,” Trump stated, as he appears to be like forward to a probable rematch with Biden within the Nov. 2024 White Home contest.
Regardless of reducing inflation in current months, a rise in wages and low unemployment, Trump added: “We are a nation whose economy is collapsing into a cesspool.”
Republican voters start selecting their 2024 White Home standard-bearer on Jan. 15 in Iowa, the state which kicks off the nominating course of.
Trump was holding a rally in Nevada, the place Republicans vote on Feb. 8.
Trump enjoys commanding leads over his Republican rivals in state and nationwide polls, regardless of his myriad authorized issues and greater than 90 prison fees purchased towards him this yr.
In a CBS Information/YouGov ballot launched Sunday, nonetheless, one among Trump’s Republican rivals – former United Nations Ambassador Nikki Haley – had narrowed the hole on Trump in New Hampshire, the second state to vote on Jan. 23.
Trump has 44% help of probably Republican main voters within the Granite State, whereas Haley has elevated her help to 29%.
In a transparent signal Trump sees Haley as rising as his closest rival for the nomination, slightly than Florida Governor Ron DeSantis, who has fallen in lots of polls all yr, Trump went after Haley in his Nevada speech.
Citing different polls the place he has greater leads over Haley, Trump stated: “Nikki Haley – where’s the surge?”
