Tags: Donald Trump | Financial Markets | Money | Christmas | spending | stocks | Twitter

Trump: Market, $1T on Christmas Brings 'Hope' to 'Gloomy' World

Image: Trump: Market, $1T on Christmas Brings 'Hope' to 'Gloomy' World

President-elect Donald Trump (Getty Images/Joe Raedle)

By    |   Monday, 26 Dec 2016 07:50 PM

President-elect Donald Trump tweeted positive energy Monday evening, trumpeting the post-election success of the U.S. stock market and the public's aggressive holiday spending this season as reasons for "hope" in what had been a "gloomy" world.

When referring to Christmas spending exceeding $1 trillion, Trump was likely referencing a Forbes report from last week. The spending estimate would represent a 3.6- to 4.0-percent increase from 2015, according to Forbes, citing a Deloitte University Press survey. 

Trump's Christmas tweet alluded to similar hope for a successful transition and new administration, repeating "very" four times before "Happy New Year."

Americans alone spent 8 percent more than in 2015, per Forbes, citing the American Express Spending & Saving Tracker. 

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Politics
President-elect Donald Trump tweeted positive energy Monday evening, trumpeting the post-election success of the U.S. stock market and the public's aggressive holiday spending this season as reasons for "hope" in what had been a "gloomy" world.
Christmas, spending, stocks, Twitter
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2016-50-26
Monday, 26 Dec 2016 07:50 PM
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