President Donald Trump touted 4.3 percent gross domestic product growth for quarter three on Tuesday, significantly outperforming expectations, but said stock markets no longer rise due to good news.
Trump took to Truth Social to weigh in on the GDP growth:
The Financial News today was great — GDP up 4.2% as opposed to the predicted 2.5% (and this, despite the downward pressure of the recent Democrat Shutdown!) — But in the Modern Market, when you have good news, the Market stays even, or goes down, because Wall Street’s “heads” are wired differently than they used to be.
Despite the impressive growth, the Dow Jones was up about .2 percentage…
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