The following article by Philip Bump was posted on the Washington Post website December 18, 2017:
Forty-five times since he has been president, Donald Trump has celebrated the stock markets on Twitter. It’s a perfect metric for him: business-related, reflecting his background, and going up consistently. Sure, he called it “a bubble” when the markets were rising under President Barack Obama, but on his watch, it’s a sign that he’s doing things right. (It’s certainly a much better metric for him to point to than, say, approval ratings.)
After the market closed on Monday, Trump praised the Dow Jones industrial average yet again. Continue reading “Trump’s team celebrates another stock-market high. Here’s the broader context.”