Here’s what we learned from President George W Bush.
When the stock market goes up, Republicans -- like Trump and W -- take all the credit.
When the stock market goes down, the Democrats are to blame.
It is NEVER any other way.
Before W went into office, Stephen Moore and Lawrence Kudlow both said the booming economy and the rising stock market during Bill Clinton's administration were due to the achievements of Ronald Reagan a decade before. A decade later, they said the great recession and the crashing stock market in 2008 were caused by the policy failures of Bill Clinton, not by the non, mal, and misfeasance of George W Bush.
See how that works.
Stock market up -- Republicans get the credit, whether or not they are in control of Congress or the Executive branch.
Stock market down -- Democrats get the blame, whether or not they are in control of Congress or the Executive branch.