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Al Jazeera

Politics

Erin Hale

Why are Trump supporters claiming he wants to crash the US stock market?

Donald Trump United States Stock Market MAGA Interest Rates Kathleen Brooks the Federal Reserve National Debt Al Jazeera

A trader works on the floor of the New York Stock Exchange shortly before the closing bell as the market takes a significant dip in New York, United States, on February 25, 2020 [Lucas Jackson/Reuters]

The US stock market has had a bumpy ride since United States President Donald Trump’s election in November.

After hitting record highs in the aftermath of Trump’s victory, US stocks have shed trillions of dollars amid his dizzying back-and-forth announcements on tariffs and growing fears of a recession.

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