President Reagan On The 1987 Stock Crash: “Is It My Fault? For What, Taking Cookies To My Wife?”

President Reagan certainly understood the nature of markets.

That is they do whatever they are going to do, sometimes without a fundamental rhyme or reason.   Very different from the current occupant of the White House who seems to think every uptick in the S&P is all about him, and he is not afraid to take credit for the upside and tweet about it.