"Stock God" Trump has spoken again: The U.S. stock market is doing well today, and there will be more days like this in the future

Trump once again spoke out about the stock market on social media, stating that the market performed well that day and predicting more such days in the future.

After the market closed on August 4, Trump posted on the social media platform "Truth Social" that the stock market performed well, with the Dow Jones Industrial Average rising by 585.06 points (1.34%), the S&P 500 index rising by 91.93 points (1.47%), and the Nasdaq rising by 403.45 points (1.95%). He stated, "America is becoming very wealthy again, stronger than ever before."

It is reported that this is not the first time Trump has publicly commented on the stock market. In April of this year, just hours before announcing a tariff suspension, he suggested on social media that investors "now is a good time to buy." Following the announcement of the "reciprocal tariff" suspension, the stock market surged, with the S&P 500 closing up 9.5%, recovering about $4 trillion in market value, equivalent to 70% of the losses from the previous four trading days.

This practice has raised questions about market manipulation. Former White House ethics lawyer Richard Painter stated that securities laws prohibit trading on insider information or helping others to do so, warning Trump to "be careful." Government ethics experts pointed out that Trump is signaling that he can effectively and without punishment manipulate the market.

April "Pump and Dump" Incident Sparks Controversy

According to CCTV News, Trump announced a 90-day suspension of "reciprocal tariffs" on April 9.

Just hours before announcing the tariff suspension policy, at 9:33 AM Eastern Time on April 9, Trump posted on "Truth Social" urging everyone to "stay calm," and then at 9:37 AM, he added that "now is a good time to buy." At that time, he wrote: "Now is a good time to buy!!! DJT."

Less than four hours later, Trump announced a 90-day suspension of almost all tariffs, and the U.S. stock market surged, with the S&P 500 index closing up 9.5%, recovering about $4 trillion in market value, equivalent to 70% of the losses from the previous four trading days.

According to previous media reports, when asked when he decided to suspend the tariffs, Trump's response was vague. He stated that he made the decision "this morning (April 9)," but added that he had "been considering it for the past few days," and then said it was "quite early this morning."

White House spokesperson Kush Desai defended Trump's posts, stating that "in the face of media-induced panic, it is the responsibility of the President of the United States to reassure the market and the American people about economic security."

Experts Warn of Market Manipulation Risks

Kathleen Clark, a government ethics law expert at the University of Washington School of Law, stated that Trump's posts might have triggered investigations in other government eras, but are unlikely to elicit any response now, except possibly attracting more "real social" users. Clark said:

"He is conveying a message that he can manipulate the market effectively and without punishment, as if to say: pay attention to this platform for future stock tips."

Former White House ethics lawyer Richard Painter pointed out that Trump "likes this control over the market," but warned that securities laws prohibit trading based on insider information or assisting others in such trading.

Notably, Trump's use of the signature "DJT" in his posts has drawn additional attention. DJT is both an abbreviation of Trump's name and the stock ticker for Trump Media and Technology Group, the parent company of the "real social" platform.

While Trump often signs off with "DJT" to emphasize that the posts are personally written by him, the ambiguity of the April post led investors to flock to the stock. Trump Media closed up 22.67% that day, double the market's increase, despite the company losing $400 million last year and its performance having no direct correlation with tariff policies