The U.S. stock market hit its low during the recession in March of 2009, and despite

the fact that the stock market has continued to rise, Donald Trump insisted

that it and the U.S. economy were in bad shape.

We have artificially low interest rates. We have a stock market that, frankly, has

been good to me but I still hate to see what's happening. We have a stock market

that is so bloated, be careful of a bubble.

When Trump announced his

candidacy for president in 2015, he said that he thought the stock market was in

a bubble because the interest rates set by the Federal Reserve were so low.

He made this point time after time on the trail.

We have the worst revival of an economy since the Great Depression, and believe

me, we're in a bubble right now, and the only thing that looks good is the stock

market, but if you raise interest rates even a little bit, that's going to come

crashing down. The Federal Reserve three times since the election has raised

interest rates, but Trump's prediction of the bubble popping did not come to pass.

When candidate Trump became President Trump, his rhetoric about the stock

market suddenly flipped.

I don't think there has ever been a president elected when

this short period of time has done what we've done.

The stock market has hit record numbers.

And you take a look at what's

going on with the stock market.

Trillions of dollars of value have been created since I won the election.

We've added 3.3 trillion dollars in stock market value.

One just came out,

almost four trillion dollars.

We're doing tremendously well. Our stock

market just at an all-time high. It picked up in market value almost 4

trillion dollars since November 8th, which was the election.

The stock market

has kept climbing in the first six months of the Trump presidency, but if

the stock market was in a bubble and artificial before, ready to decline in an

instant, why can't the same critique exist for

the market under the Trump administration? The president can't

explain what's changed, so this is a clear flip-flop.