President Donald Trump asserted during a speech at the Davos economic forum that the United States stock market would be down 25-50 percent if Hillary Clinton had won the presidency.
Trump touted the economic achievements of his administration, including the continuous stock market gains and records, the massive deregulation of business, and the GOP-led tax cuts, before claiming that Clinton would have negatively affected the markets if she were president.
“I will say this with great conviction that had the opposing party won, in my opinion, because they would have added additional regulation to already the tremendous regulations we have, I believe the markets would have been down anywhere from 25 percent to 50 percent instead of up almost 50 percent,” Trump declared during a meeting with the Swiss president.
“We have done a great job,” he said. “A lot of people are very happy about it…I want to thank you for honoring us.”