Trump always takes credit when the stock market does well, but he blames someone else when it takes a dive.
U.S. stock markets had their worst drop of the year Wednesday, with the Dow Jones Industrial Average dropping 800 points, or 3 percent.
The drop comes as some forecasters warn of increasing odds of a recession, while President Trump has continued to hammer the Federal Reserve over its handling of interest rates.
In terms of point losses, Wednesday's drop was the Dow's 4th worst-ever day, though it did not crack the top 20 list in terms of percentage drops.
[...]
Economic forecasters have in recent days raised the odds of a recession in the coming year, fueled in part by concerns over the U.S. trade war with China.
Fears about a weakening economy more than erased gains on Tuesday, when Trump announced that he would delay and exempt some items from 10 percent tariffs on Chinese imports set to go into effect on Sept. 1.
The Hill
FAIL.
"China is not our problem," Trump tweeted Wednesday afternoon before the market closed.
"Our problem is with the Fed," he continued, before calling Federal Reserve Chairman Jerome Powell "clueless" and lamenting the "CRAZY INVERTED YIELD CURVE."
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