'You rock, Joe!' Internet lauds Biden as major stock market indexes reach historic milestones despite Trump's grim predictions

POTUS took a jab at Trump following reports of record highs being reached across major stock market indexes, including Dow Jones, Nasdaq and S&P 500
UPDATED MAY 17, 2024
Joe Biden shared a video contrasting Donald Trump's stock market fear-mongering during the 2020 election with the stock market growth under the Biden administration in 2024 (Getty Images)
Joe Biden shared a video contrasting Donald Trump's stock market fear-mongering during the 2020 election with the stock market growth under the Biden administration in 2024 (Getty Images)

WASHINGTON, DC: On Thursday, May 16, President Joe Biden sent out a statement of intent seemingly deriding former President Donald Trump in light of the news that all major stock market indexes, including the Dow Jones, S&P 500, and Nasdaq, had reached new record highs this week, according to MeidasTouch.

Following the historic milestone of the Dow surpassing 40,000 for the first time, the 81-year-old incumbent president shared a video contrasting Trump's stock market fear-mongering during the 2020 election with the significant stock market growth under the Biden administration in 2024.

What did Joe Biden say in his response to Donald Trump’s bleak forecasting?

The POTUS shared the video on X, which shows Trump addressing a rally in 2020, where he said, "If Biden wins, you're going to have a stock market collapse the likes of which you've never had."

The video then swiftly transitions to news reports highlighting the thriving stock market and strong economy, accompanied by lively music.



 

It also includes glowing endorsements of the stock market from Fox Business, a network favored by the former president.

Biden captioned the video with, "Good one, Donald."



 

The Commander-in-Chief in a separate post, said, "This is great news for Americans’ retirement accounts and another sign of confidence in America’s economy." 

"I’m building an economy from the middle out and bottom up – and our investments are making a difference," he claimed. 

Internet lauds Joe Biden for reaching new heights in key stock market indexes

One X user remarked, "The numbers speak for themselves. Dark Brandon, getting s*** done!"



 

Another user said, "You rock, Joe! We are definitely better off than we were four years ago."



 

Another user wrote, "Thank you for achieving this great milestone Mr. President. My mutual funds thank you, sir. I speak for all Americans."



 

One user claimed, "I speak for everyone when I say the market under Trump would’ve crashed harder than his presidency."



 

Another X user quipped, "Fact Checking... CONCLUSION: Joe Biden just scorched Donald Trump... again. Fact Check Completed."



 

One user tweeted, "Biden is a top 5 President of all time. Both the stock markets and crypto markets are at record highs."



 

This article contains remarks made on the Internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online.

GET BREAKING U.S. NEWS & POLITICAL UPDATES
STRAIGHT TO YOUR INBOX.

MORE STORIES

Judges Gregory Katsas and Neomi Rao said that the policy reflected military judgment and constitutional precedent
15 hours ago
The measures will restrict ICE actions at schools, hospitals, and courthouses, while expanding privacy safeguards and legal avenues for migrants
17 hours ago
Jeff Merkley and Catherine Cortez Masto introduced the 'Change Corruption Act', which sought to ban living presidents from appearing on US currency
18 hours ago
The 85,000 visas revoked in 2025 is more than twice the number of those that were canceled last year
1 day ago
Crockett said: 'Now, there are those who say, ‘Ain’t no way, we done tried this 50 kinds of ways.’ Let me be clear: Y’all ain’t never tried it the JC way.'
1 day ago
Donald Trump’s aid program, aimed at stabilizing agriculture, includes $11 billion in one‑time USDA payments to help growers facing rising costs
1 day ago
Republicans are divided as the ACA subsidy deadline nears, with millions at risk of higher premiums if subsidies expire
1 day ago
Donald Trump advanced a nationwide AI rulebook seeking to override state laws, a move that has fueled legal uncertainty and deepened party divisions
1 day ago
Congress unveiled a $901 billion National Defense Authorization Act that set Pentagon priorities for 2026 by balancing both House and Senate demands
1 day ago
Seth Moulton’s comments come as Democrat lawmakers continue hammering the administration over its handling of the drug boat strikes
2 days ago