Reported 5 months ago
President Joe Biden, who initially avoided touting stock market gains during his first years in office, has now embraced highlighting market milestones, such as the Dow Jones Industrial Average closing above 40,000 for the first time. Biden's shift in approach is seen as an opportunity to challenge former President Donald Trump in an election year and showcase the success of his economic plan. Despite the recent market highs being attributed more to factors like a cooler inflation reading rather than presidential influence, Biden's increased commentary on market performance mirrors Trump's past tendencies and could potentially be used against him if market conditions change before November.
Source: YAHOO