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The claim

"This is the Trump stock market because my polls against Biden are so good that investors are projecting that I will win, and that will drive the market up."

Rating

False

Reviewed by Deutsche Welle ↗ ·

Original fact check ↗

Original review summary

The review says the S&P 500 rose 27% between April 2023 and April 2024, but attributes the market recovery more to Federal Reserve interest-rate policy than to Trump's polling. It also notes analysts cited optimism about artificial intelligence as a contributing factor. [S1]

Additional context

The review says the recovery began in late 2023 after Federal Reserve Chair Jerome Powell indicated that the historic monetary tightening might be over. On April 3, 2024, Powell said a rate cut could be possible this year if the economy developed as expected. [S1]

Research date:

Sources and attribution

  1. [S1] Deutsche Welle original review

    Original review · Retrieved October 17, 2026