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Trump Says ‘Rich Guys’ Talking Down the Market

May 13, 2020 · 11:39 am ET · Leave a Comment

President Trump accused wealthy investors for supposedly manipulating the stock market by making strong statements, CNBC reports.

Said Trump: “When the so-called ‘rich guys’ speak negatively about the market, you must always remember that some are betting big against it, and make a lot of money if it goes down. Then they go positive, get big publicity, and make it going up. They get you both ways. Barely legal?”

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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