At a press conference Wednesday on the coronavirus, President Trump said the day after he wins a second term the stock market is going to "boom" like never before. The president said he believes the Democratic candidates "making fools out of themselves" on the debate stage is affecting the financial markets.
REPORTER: Thank you Mr. President. You mention the stock market earlier to go back to that to be clear the Dow Jones dropped more than 2000 points this week. Are you suggesting that was overblown? Our financial markets overreacting here?
PRESIDENT DONALD TRUMP: I think the financial markets are very upset when they look at the Democrat candidates standing on that stage making fools out of themselves and they say if we ever have a President like this and there's always a possibility, it's an election you know who knows what happens, right? I think we are going to win. I think we are going to win by a lot but when they look at the statements made by the people standing behind those podiums I think that has a huge effect, yeah.
REPORTER: Did it have to do with the coronavirus?
TRUMP: Know, I think it did. I think it did but I think you can add quite a bit of selloff to what they are seeing because they are seeing the potential you know again I think we are going to win. I feel very confident of it. We have done everything and much more than I said we were going to do. You look at what we have done. What we have done is incredible with the tax cuts and regulation cuts and rebuilding our military, taking care of our vets and getting them choice and accountability all of the things we have done protecting our Second Amendment I mean they view that, the Second Amendment they are going to destroy the Second Amendment. When people look at that they say this is not good. So you add that in, I really believe that is a factor but no, this is what we are talking about is the virus, that is what we are talking about. I do believe that--I do believe in terms of CNBC and in terms of FOXBusiness I do believe that that is a factor, yeah, and I think after I win the election I think the stock market is going to boom like it has never been before just like it did by the way after I won the last election the stock market the day after went up like a rocket ship.