Just before the 2020 election, Trump predicted a Biden win would lead to “a stock market collapse the likes of which you’ve never had.”
Biden tweeted a clip of Trump’s prediction alongside a separate clip from Fox News on Monday announcing record closes for both the Dow and the S&P 500.
“Good one, Donald,” he wrote:
Trump has openly cheered for a stock market collapse under Biden.
“And when there’s a crash, I hope it’s gonna be during this next 12 months, because I don’t wanna be Herbert Hoover,” Trump told Lindell TV host Lou Dobbs earlier this month. “The one president I just don’t want to be, Herbert Hoover.”
Hoover was president during the 1929 stock market crash, one of the events that marked the start of the Great Depression.