Trump Calls Worst Month for Stocks Since 2009 a ‘Little Glitch’
- ‘We need a little help from the Fed,’ Trump said Wednesday
- President discussed firing Fed chair Jerome Powell last month
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President Donald Trump said the U.S. stock market suffered “a little glitch” in December but that it would go up once he negotiates trade deals with China and others.
“We had a little glitch in the stock market last month but it’s still up” since his election, Trump said during a Cabinet meeting at the White House on Wednesday. He pegged the increase at about 30 percent, and added later: “We need a little help from the Fed.”