Trump Promised if His Tax Cuts Passed Markets Would Get Even Better – DOW Again in Freefall

‘If We Get Tax Cuts and Reform, We’ll Really See Some Great Results!’

President Donald Trump desperately wanted his tax cuts for the rich bill to pass, because he’s rich. Estimates show he likely gained $15 million when he signed the bill into law. His son-in-law, Jared Kushner, reportedly gained $12 million. His cabinet – the wealthiest in history – will gain millions too.

Trump promised Americans if his tax cut bill became law, the economy and the stock markets would get even better. 

Right now the DOW is in freefall, tumbling between 500 to over 600 points.

Again.

Last Friday the DOW closed down 666 points. On Monday, it was down 1178 points, the largest single-day point drop in history.

Regardless of what this is – a likely correction, for example – once again Trump was wrong.

The Washington Post has up a live feed of the DOW: