President Donald Trump took to social media to address stock market concerns, while also promising a turnaround for investors. The post was made on Truth Social, a social media platform owned by Trump Media & Technology (DJT), and reposted to X, formerly Twitter.
President Trump started his post by shifting blame for the weak stock market to former President Joe Biden. He noted that he only took office on Jan. 20, and that this is Biden’s Stock Market. The President said the market will recover once it overcomes the Biden “Overhang.”
President Trump also claimed that tariffs are not having a negative effect on the stock market. He said that once tariffs go into effect, companies will “move into the USA in record numbers.” When that happens, he expects America to experience a “boom” that “will be like no other.” He closed out the post by advising investors to be patient.
2025 Stock Market Performance
While President Trump may want to blame Biden for the recent stock market volatility, each of the major stock market indices suffered a huge drop in early April, right around the same time as his Liberation Day event, which is when massive tariffs were revealed. While markets have recovered somewhat after a 90-day hold on tariffs was announced, the threat of them still looms over the market.
Here’s a quick breakdown of stock indices movement this year.
- S&P 500 (SPX): Down 5.31% year-to-date.
- Dow Jones Industrial Average (DJIA): Down 8.45% year-to-date.
- Nasdaq 100 (NDX): Down 8.11% year-to-date.
For comparison, DJT stock has dropped 27.36% year-to-date.
Is DJT Stock a Buy, Sell, or Hold?
Turning to Wall Street, there’s not enough analyst coverage of Truth Social for a consensus rating or average price target. Based on the latest Technical Analysis of DJT stock, sentiment is mixed.
