Can Trump take credit for the stock market boom?
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 7 July 2026
⏱️ 8 minutes
🧾️ Download transcript
Summary
President Donald Trump rang Wall Street's opening bell yesterday from the Oval Office to mark the launch of the Trump accounts program. Trump also took the opportunity to link his presidency to the stock market, pointing to dozens of record-breaking highs during his term. Today, we discuss the relationship between federal policy and the stock market. Then, we'll talk about the economic impact of removing temporary protected status for certain migrants.
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Transcript
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| 0:55.0 | How much credit does a president get for the stock market from Marketplace? |
| 1:00.9 | I'm Subrey Beneshore in for Kimberly Adams. |
| 1:02.9 | President Trump rang Wall Street's opening bell yesterday from the Oval Office. |
| 1:07.4 | This was to mark the launch of the Trump accounts program, basically retirement savings |
| 1:11.5 | accounts for kids. Children born between 2025 and 2028 can get $1,000 from the Treasury Department |
| 1:17.7 | to kick things off. President Trump also took the opportunity to link his presidency to the |
| 1:24.2 | stock market. He pointed to dozens of record-breaking highs under his tenure. Bradley Saunders is |
| 1:29.7 | here to talk about that. He is North America economist at Capital Economics. Bradley, welcome. |
| 1:34.0 | Thanks for having me on. So President Trump wants some credit for the stock market's performance. |
| 1:39.0 | Can you remind us overall how stocks have been doing since he came into office? Well, they've been doing very well, certainly. |
| 1:46.7 | But the extent to which we can attribute that to Trump's policymaking is dubious. |
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