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Trump's Touts "$5.2 Trillion" In Stock Gains, Promises More If "Congress Gives Us Massive Tax Cuts"

In what appears to be a desperate, early-morning marketing push to avoid the embarrassment of his tax reform package meeting the same fate as his Obamacare repeal effort, Trump released the following tweet storm touting the "unprecedented $5.2 trillion" in stock market gains since his election and promised those gains would "grow by leaps and bounds" if "Congress gives us the massive tax cuts (and reform) I am asking for."

"Stock Market has increased by 5.2 Trillion dollars since the election on November 8th, a 25% increase. Lowest unemployment in 16 years and if Congress gives us the massive tax cuts (and reform) I am asking for, those numbers will grow by leaps and bounds."

 

"It would be really nice if the Fake News Media would report the virtually unprecedented Stock Market growth since the election.Need tax cuts"

Of course, with a narrow lead in the Senate, Rand Paul's rejection, Steve Bannon's "war on the GOP establishment" and a nasty feud brewing with Senator Corker, the market is seemingly starting to question whether tax reform is possible.

And while Trump has hinted at potentially working with Democrats on tax reform, the following tweet could suggest that is now off the table.

Finally, just for good measure, the President also took a victory lap in his feud with the NFL by thanking Roger Goodell for caving and asking his players to stand for the National Anthem.

So, what say you?  Is tax reform already dead or can Trump pull a rabbit out of the hat?  No matter the outcome, we know one thing for certain...it will be positive for stocks.

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Politics
Business