
Tech Titans' Fortunes Fluctuate as Markets Rebound Amid Global Turmoil
Donald Trump Predicts Market Boom with $6-7 Trillion in Inflows After the Selloff: Elon Musk, Mark Zuckerberg, and Others Weigh In
Former President Donald Trump has made a bold prediction about the US stock market, claiming that it will experience a massive boom with $6-7 trillion in inflows after the recent selloff. Trump's comments come as investors are still reeling from the market volatility seen in recent weeks.
Trump, who has been a vocal supporter of the stock market and has made several high-profile investment deals, told a gathering of business leaders and investors that the market is poised for a significant rebound. "The market is going to be tremendous, just tremendous," Trump said. "We're going to see $6-7 trillion in inflows, and it's going to be a beautiful thing."
Trump's comments have sparked a lively debate among investors and market experts, with some agreeing with his assessment and others expressing skepticism.
Elon Musk, the CEO of Tesla and SpaceX, took to Twitter to weigh in on the discussion. "I think Trump is right," Musk tweeted. "The market is due for a correction after the recent selloff, and I think we'll see a big bounce back."
Mark Zuckerberg, the CEO of Facebook, also chimed in on the discussion. "I'm not sure I agree with Trump's assessment," Zuckerberg said. "While I do think the market will eventually recover, I think it's too early to make a prediction about the timing and magnitude of the rebound."
Other market experts have also weighed in on the discussion, with some agreeing with Trump's assessment and others expressing skepticism.
The market has been volatile in recent weeks, with the S&P 500 index experiencing its largest one-day decline since 2020. However, the index has also seen significant gains in recent days, and many investors are still trying to make sense of the market's direction.
Regardless of whether Trump's prediction comes to fruition, the market is likely to continue to be a source of fascination and speculation for investors and market experts alike.