Rob Portman

Trump, Republicans discover the perils of touting the stock market

Trump, Republicans discover the perils of touting the stock market

President Donald Trump and congressional Republicans have spent much of the past year trying to connect a giddy stock market rally with their economic agenda, but its precipitous plunge in the past five days has delivered a sobering reality: What goes up can come back down - quickly and with little warning.

With Monday's steep fall, Trump has now presided over the biggest stock market drop in U.S. history, when measured by points in the Dow Jones industrial average. The free fall began in earnest Jan. 30 and then snowballed Friday and Monday, for a combined loss of almost 2,100 points, or 8 percent of its value.

It is also unclear if the past week will amount to a small...

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